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Insurance Salary in West Midlands

The West Midlands, anchored by Birmingham as the UK's second city, offers salaries that typically sit 5-15% below London levels with significantly lower living costs. The region has a strong manufacturing heritage and a growing professional services sector.

Housing costs are well below the national average, and the HS2 project (when complete) is expected to further improve connectivity and salary competitiveness.

Entry Salary
£22,540
Peak Salary
£86,240
Growth
+283%
Lifetime (25yr)
£1.4m

Salary Trajectory

Stage Years Exp P25 Median P75 P90
Insurance Administrator / Clerk 0+ £19,600 £22,540 £25,480 £28,420
Insurance Underwriter / Claims Handler 3+ £26,460 £31,360 £37,240 £41,160
Senior Underwriter / Senior Broker 6+ £34,300 £41,160 £49,000 £56,840
Underwriting Manager / Team Lead 10+ £47,040 £56,840 £68,600 £80,360
Head of Underwriting / Director 16+ £68,600 £86,240 £107,800 £137,200

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How West Midlands Compares

Mid-career Insurance median salary by region

Compare with Other Careers in West Midlands

Insurance in Other Regions

Based on ONS Annual Survey of Hours and Earnings (ASHE) via NOMIS. Regional salary adjustments derived from ONS regional pay differentials. Career progression timelines based on industry research. All figures are gross annual pay estimates for full-time workers.