AI Insurance Engineer Salary.
Across 83 U.S. cities.
$135,000
national median salary
$100,000 to $172,000. Last updated April 2026.
Highest Paying
$192,000
San Jose, CA
Best Purchasing Power
$141,000
New York, NY
Lowest Paying
$102,000
Charleston, WV
Salary data sourced from SEC filings, H-1B Labor Condition Applications (DOL), Bureau of Labor Statistics Occupational Employment and Wage Statistics, and aggregated job postings across 50+ platforms. Ranges reflect 25th to 75th percentile for full-time positions. Cost-of-living adjustments use Bureau of Economic Analysis Regional Price Parities (2025 index). Last updated April 2026.
The average AI Insurance Engineer salary in the United States is $135,000 in 2026, with the full range spanning $100,000 at the 25th percentile to $172,000 at the 75th. San Jose pays the most at $192,000, while New York offers the best purchasing power after cost-of-living adjustments. Compensation reflects the intersection of actuarial science, ML engineering, and insurance domain expertise.
AI Insurance Engineer salary by city
Skills that increase AI Insurance Engineer pay
The skills below command measurable salary premiums for AI Insurance Engineers based on job posting data. Learning the top skill here could add $18,900 to your annual compensation.
≈ +$18,900 per year
≈ +$17,550 per year
≈ +$16,200 per year
≈ +$14,850 per year
≈ +$13,500 per year
≈ +$13,500 per year
≈ +$13,500 per year
≈ +$12,150 per year
What you should know
Compensation reflects the intersection of actuarial science, ML engineering, and insurance domain expertise. Engineers who can build AI models for underwriting, claims processing, and fraud detection earn premiums. Understanding of insurance regulations, actuarial standards, and the ability to explain model decisions to regulators adds 10% to 20% to compensation.
Junior AI insurance engineers start at $90,000 to $105,000. Mid-level engineers building production underwriting models reach $125,000 to $150,000. Senior engineers leading AI claims processing systems earn $160,000 to $195,000. Directors of AI at insurance companies can reach $210,000 to $270,000 in total compensation.
Bonuses of 15% to 25% are common in the insurance industry, often tied to loss ratio improvements or fraud detection rates. Equity at insurtech startups adds $15,000 to $60,000 annually. Benefits include generous retirement plans, insurance product discounts, and actuarial exam support.