Insurance Underwriters pay in New York-Newark-Jersey City

In New York-Newark-Jersey City (NY), the median pay for insurance underwriters is $47.31 an hour ($98,410 a year). About 6,740 people work in this job there.

$47.31Median hourly pay
$81,420–$131,760Middle half of workers, yearly
6,740People in this job in New York-Newark-Jersey City (NY)

That is 21% higher than the U.S. median ($81,370). It is about the same as the New York median ($97,450).

Pay range for insurance underwriters in New York-Newark-Jersey City (NY)

Earns more thanHourlyYearly
10% of workers$35.29$73,400
25% of workers$39.14$81,420
Half of workers (median)$47.31$98,410
75% of workers$63.34$131,760
90% of workers$81.07$168,630

Insurance Underwriters pay in New York metro areas

Metro areaMedian yearly payPeople in this job
New York-Newark-Jersey City (this page)$98,4106,740
Buffalo-Cheektowaga$95,370200
Rochester$94,310260
Albany-Schenectady-Troy$92,830370
Kiryas Joel-Poughkeepsie-Newburgh$90,38080
Syracuse$81,160240

New York unemployment rate: 4.3% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for insurance underwriters

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 1 to 2 years (O*NET)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: -3.8% over ten years, declining · about 6,800 openings a year (BLS)

Related jobs in New York-Newark-Jersey City (NY)

JobMedian yearly pay
Securities, Commodities, and Financial Services Sales Agents$167,890
Financial and Investment Analysts$128,930
Personal Financial Advisors$170,050
Insurance Sales Agents$80,620
Claims Adjusters, Examiners, and Investigators$95,980
Financial Risk Specialists$139,670
Loan Officers$101,570
Credit Analysts$136,500

Other job titles for this job

Account Manager UnderwriterAccount UnderwriterAutomobile and Property UnderwriterBond UnderwriterCasualty UnderwriterCommercial Credit UnderwriterCommercial Insurance UnderwriterCommercial Lines UnderwriterCommercial UnderwriterCredit UnderwriterDirect Endorsement UnderwriterDe Underwriter

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.