2024 Salary Data

Insurance Underwriters Salary in New Jersey

Insurance Underwriterss in New Jersey earn a median salary of $93,500 per year, which is 17.1% higher than the national median.

Median Salary

$93,500

↑17.1%vs national

Entry Level

$64,790

10th percentile

Experienced

$143,540

90th percentile

Employed

3,170

in New Jersey

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Insurance Underwriterss Make in New Jersey?

According to the Bureau of Labor Statistics, Insurance Underwriterss in the New Jersey metropolitan area earn a median annual salary of $93,500. The salary range varies significantly based on experience, with entry-level positions starting around $64,790 and experienced professionals earning up to $143,540 or more.

Entry Level

0-2 years experience

$64,790 - $72,790

Mid Career

2-8 years experience

$72,790 - $115,250

Senior Level

8+ years experience

$115,250 - $143,540

New Jersey vs National Average

New Jersey$93,500

National Average$79,880

Insurance Underwriterss in New Jersey earn 17.1% more than the national median of $79,880.

Quick Facts

Occupation: Insurance Underwriters
SOC Code: 132053
Location: New Jersey
Data Year: 2024
Total Employed: 3,170

Highest Paying Areas

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Frequently Asked Questions

What is the average salary for a Insurance Underwriters in New Jersey?

The median annual salary for Insurance Underwriters in New Jersey is $93,500, according to Bureau of Labor Statistics data from 2024. This is 17.1% higher than the national median.

What is the starting salary for Insurance Underwriters in New Jersey?

Entry-level Insurance Underwriters positions in New Jersey typically start around $64,790 to $72,790 annually (10th to 25th percentile).

How much can experienced Insurance Underwriterss make in New Jersey?

Experienced Insurance Underwriterss in New Jersey can earn $115,250 to $143,540 annually (75th to 90th percentile).

How does Insurance Underwriters salary in New Jersey compare to the national average?

Insurance Underwriterss in New Jersey earn 17.1% more than the national median of $79,880.

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