Insurance Underwriters Salary in New Jersey
Insurance Underwriters in New Jersey earn a median annual wage of $96,220 —18.2% above the national median of $81,370. That ranks NJ #9 of 49 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment concentration (1.08×) is close to the national average.
Highest-paying states for insurance underwriters
All 49 states ranked by median annual wage. New Jersey is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | Massachusetts | $106,640 | $51.27 | 2,890 | 1.17 |
| 2 | New Hampshire | $103,940 | $49.97 | 270 | 0.58 |
| 3 | Nevada | $101,440 | $48.77 | 480 | 0.46 |
| 4 | Connecticut | $100,690 | $48.41 | 2,010 | 1.75 |
| 5 | Colorado | $100,640 | $48.38 | 2,040 | 1.05 |
| 6 | Washington | $99,400 | $47.79 | 1,740 | 0.72 |
| 7 | New York | $97,450 | $46.85 | 6,900 | 1.05 |
| 8 | Wisconsin | $97,370 | $46.81 | 3,110 | 1.56 |
| 9 | New Jersey | $96,220 | $46.26 | 3,150 | 1.08 |
| 10 | Maine | $95,510 | $45.92 | 520 | 1.20 |
Related occupations in New Jersey
Occupations in the same job family, compared within New Jersey.
| Occupation | New Jersey median | U.S. median |
|---|---|---|
| Accountants and Auditors | $100,830 | $83,680 |
| Business Operations Specialists, All Other | $91,060 | $83,050 |
| Project Management Specialists | $122,980 | $102,320 |
| Human Resources Specialists | $80,690 | $75,940 |
| Market Research Analysts and Marketing Specialists | $88,190 | $78,760 |
| Management Analysts | $105,820 | $101,860 |
Frequently asked questions
How much do insurance underwriters make in New Jersey?
The median annual wage for insurance underwriters in New Jersey is $96,220, or $46.26 per hour. That is 18.2% above the national median of $81,370.
What is the entry-level insurance underwriters salary in New Jersey?
Workers at the 10th percentile earn $66,290 per year ($31.87/hour). The 25th percentile is $79,230.
How many people work as insurance underwriters in New Jersey?
About 3,150 people work in this occupation in New Jersey, or 0.7 per 1,000 jobs statewide.
Is New Jersey a good state for insurance underwriters?
New Jersey ranks #9 of 49 states by median wage for this occupation. Employment concentration (1.08x) is close to the national average.
Which state pays insurance underwriters the most?
Massachusetts has the highest median wage at $106,640 per year, followed by New Hampshire ($103,940) and Nevada ($101,440).