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Insurance Underwriters Salary in New Mexico
Last updated: 2025 BLS data · Page refreshed:
How much do Insurance Underwriters make in New Mexico?
Last updated: 2025 data from the Bureau of Labor Statistics
$64,000
Median Annual Salary
▲
+2.6% vs 2024
$71,970
Mean Salary
$64,000
Median Salary
$30.77
Hourly Rate
100 people work as Insurance Underwriters in New Mexico
Insurance Underwriters salary by percentile in New Mexico
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Insurance Underwriters in New Mexico earn a median salary of $64,000 per year ($5,333/month).
This is 21.7% below the national average of $81,709.
New Mexico ranks #44 out of 49 states for Insurance Underwriters pay.
Approximately 100 people work in this occupation across New Mexico.
Salaries increased by 2.6% 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)
Salary Range: Insurance Underwriters in New Mexico
Salaries for Insurance Underwriters in New Mexico range from $47,170 at the 10th percentile (entry level) to $106,680 at the 90th percentile (experienced). The middle 50% earn between $48,450 and $93,590.
Median $64,000
P10: $47,170P25: $48,450P75: $93,590P90: $106,680
10th
$47,170
25th
$48,450
Median
$64,000
75th
$93,590
90th
$106,680
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$47,170
$22.68
$3,930
25th Percentile
$48,450
$23.29
$4,037
Median (50th)
$64,000
$30.77
$5,333
75th Percentile
$93,590
$45.00
$7,799
90th Percentile (Experienced)
$106,680
$51.29
$8,890
Note: The mean (average) salary of $71,970 differs from the median because salary distributions are typically skewed by high earners.
How much do Insurance Underwriters make in New Mexico?
The median annual salary for Insurance Underwriters in New Mexico is $64,000 as of 2025. The average (mean) salary is $71,970.
What is the salary range for a Insurance Underwriters in New Mexico?
Salaries for Insurance Underwriters in New Mexico range from $47,170 at the 10th percentile to $106,680 at the 90th percentile. The middle 50% earn between $48,450 and $93,590.
What is the starting salary for a Insurance Underwriters in New Mexico?
Entry-level Insurance Underwriters positions in New Mexico typically start around $47,170 (10th percentile). With some experience, salaries rise to $48,450 (25th percentile).
How many people work as Insurance Underwriters in New Mexico?
According to 2025 BLS data, approximately 100 people are employed as Insurance Underwriters in New Mexico.
What is the hourly rate for a Insurance Underwriters in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in New Mexico is approximately $30.77 per hour.
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.
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