Space Insurance Underwriter

Also called: Space Risk Underwriter

Decides how much it costs to insure a rocket launch or satellite, and pays out when things go wrong.

A day in the life

You study a rocket's track record and a satellite's design, calculate the chance of failure, and set a price for a $300 million policy. When a launch fails, you help investigate.

Pay over a career

Starting
$80k
Typical
$130k
High
$220k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in engineering, math, or finance plus insurance credentials.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Aerospace Engineering, Mathematics, Finance.

Outlook

Shrinking (about -4% over 10 years). Uses BLS underwriters projection; space insurance is a tiny niche.

Will it last? Our AI estimate

Medium risk for 10 years. AI risk models price launches and satellites faster; judging new, unusual risks and negotiating deals stay human.

Start now, in high school

Classes: AP Statistics, AP Calculus, Economics, AP Physics.

Official data: O*NET occupation 13-2053.

More Space Law, Policy & Finance careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.