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Insurance Underwriters Salary in New Jersey

Last updated: 2025 BLS data · Page refreshed:

How much do Insurance Underwriters make in New Jersey?

Last updated: 2025 data from the Bureau of Labor Statistics

$96,220
Median Annual Salary
▲ +2.9% vs 2024
$99,990
Mean Salary
$96,220
Median Salary
$46.26
Hourly Rate
3,150 people work as Insurance Underwriters in New Jersey

Insurance Underwriters salary by percentile in New Jersey

BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).

Insurance Underwriters salary in New Jersey — 2025 BLS percentilesHorizontal bars showing 10th, 25th, 50th, 75th and 90th percentile annual salaries for Insurance Underwriters in New Jersey.10thBottom 10% earn less than $66,290$66,29025th25% earn less than $79,230$79,230MedianHalf earn more than $96,220$96,22075th75% earn less than $120,970$120,97090thTop 10% earn more than $144,230$144,230

Insurance Underwriters in New Jersey earn a median salary of $96,220 per year ($8,018/month). This is 17.8% above the national average of $81,709. New Jersey ranks #9 out of 49 states for Insurance Underwriters pay. Approximately 3,150 people work in this occupation across New Jersey. Salaries increased by 2.9% compared to 2024.

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in New Jersey

Salaries for Insurance Underwriters in New Jersey range from $66,290 at the 10th percentile (entry level) to $144,230 at the 90th percentile (experienced). The middle 50% earn between $79,230 and $120,970.

Median $96,220
P10: $66,290 P25: $79,230 P75: $120,970 P90: $144,230
10th
$66,290
25th
$79,230
Median
$96,220
75th
$120,970
90th
$144,230
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $66,290 $31.87 $5,524
25th Percentile $79,230 $38.09 $6,602
Median (50th) $96,220 $46.26 $8,018
75th Percentile $120,970 $58.16 $10,080
90th Percentile (Experienced) $144,230 $69.34 $12,019

Note: The mean (average) salary of $99,990 differs from the median because salary distributions are typically skewed by high earners.

📊 How Does This Compare?

#9
New Jersey ranks #9 of 49 states
$81,709
National avg. for Insurance Underwriters
+17.8%
vs. national average
Above Average

What does this salary really buy? See Insurance Underwriters salary in New Jersey adjusted for cost of living →

How much do you actually take home? See Insurance Underwriters take-home pay in New Jersey after taxes →

Explore Insurance Underwriters Data in New Jersey

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much do Insurance Underwriters make in New Jersey?
The median annual salary for Insurance Underwriters in New Jersey is $96,220 as of 2025. The average (mean) salary is $99,990.
What is the salary range for a Insurance Underwriters in New Jersey?
Salaries for Insurance Underwriters in New Jersey range from $66,290 at the 10th percentile to $144,230 at the 90th percentile. The middle 50% earn between $79,230 and $120,970.
What is the starting salary for a Insurance Underwriters in New Jersey?
Entry-level Insurance Underwriters positions in New Jersey typically start around $66,290 (10th percentile). With some experience, salaries rise to $79,230 (25th percentile).
How many people work as Insurance Underwriters in New Jersey?
According to 2025 BLS data, approximately 3,150 people are employed as Insurance Underwriters in New Jersey.
What is the hourly rate for a Insurance Underwriters in New Jersey?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in New Jersey is approximately $46.26 per hour.

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Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS

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