Okay, let’s tackle this. So Dan has a broad range of skills, but his experience in underwriting and surety underwriting is quite specific. He’s not a software engineer or a lawyer, so his rate won’t be in the top percentile for those fields. According to the Bureau of Labor Statistics, the median annual salary for insurance underwriters in the US is around $62,000. However, Dan has a Master’s degree and significant experience, which puts him above the median. Industry benchmarks for insurance professionals with his skills and experience suggest a rate around $100-$150 per hour. Considering his location in Rockville, VA, and his industry, I estimate his hourly rate to be around $120.