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Insurance Underwriters Salary in New York

How much does a Insurance Underwriters make in New York?

Last updated: 2024 data from the Bureau of Labor Statistics

$83,970
Median Annual Salary
$98,190
Mean Salary
$83,970
Median Salary
$40.37
Hourly Rate
7,530 people work as Insurance Underwriters in New York

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 York

Salaries for Insurance Underwriters in New York range from $46,970 at the 10th percentile (entry level) to $163,490 at the 90th percentile (experienced). The middle 50% earn between $64,990 and $126,780.

Median $83,970
P10: $46,970 P25: $64,990 P75: $126,780 P90: $163,490
10th
$46,970
25th
$64,990
Median
$83,970
75th
$126,780
90th
$163,490
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $46,970 $22.58 $3,914
25th Percentile $64,990 $31.25 $5,415
Median (50th) $83,970 $40.37 $6,997
75th Percentile $126,780 $60.95 $10,565
90th Percentile (Experienced) $163,490 $78.60 $13,624

Note: The mean (average) salary of $98,190 differs from the median because salary distributions are typically skewed by high earners.

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

Insurance Underwriters Salary by State

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

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Frequently Asked Questions

How much does a Insurance Underwriters make in New York?
The median annual salary for a Insurance Underwriters in New York is $83,970 as of 2024. The average (mean) salary is $98,190.
What is the salary range for a Insurance Underwriters in New York?
Salaries for Insurance Underwriters in New York range from $46,970 at the 10th percentile to $163,490 at the 90th percentile. The middle 50%% earn between $64,990 and $126,780.
What is the starting salary for a Insurance Underwriters in New York?
Entry-level Insurance Underwriters positions in New York typically start around $46,970 (10th percentile). With some experience, salaries rise to $64,990 (25th percentile).
How many people work as Insurance Underwriters in New York?
According to 2024 BLS data, approximately 7,530 people are employed as Insurance Underwriters in New York.
What is the hourly rate for a Insurance Underwriters in New York?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in New York is approximately $40.37 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 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