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Insurance Underwriter Salary in New Jersey

Explore insurance underwriter salaries in New Jersey including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in NJ
$105,444
Monthly: $8,787
Biweekly: $4,056
Entry Level
$63,266
Monthly: $5,272
Biweekly: $2,433
Senior Level
$142,350
Monthly: $11,863
Biweekly: $5,475
Job Growth
14%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$63,266$105,444$142,350
Monthly$5,272$8,787$11,863
Biweekly$2,433$4,056$5,475
Weekly$1,217$2,028$2,738
Hourly$30$51$68

NJ vs National Comparison

National Median
$87,870
NJ Median
$105,444
Difference
+$17,574
Multiplier
1.20x
National
NJ

About This Career

Evaluate insurance applications and determine coverage and premiums.

Education

Bachelor's degree in Insurance or related field

Key Skills

Risk AssessmentPolicy AnalysisDecision MakingAttention to Detail

Compare States

See how New Jersey compares to other states for insurance underwriter salaries:

TXCANYFLCO

Compare Jobs

Compare salaries for other business & finance jobs in New Jersey:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Insurance Underwriter in New Jersey

Dig into every angle of a insurance underwriter salary ($105,444 median) in New Jersey — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $105,444 in New Jersey

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $105,444 in New Jersey

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $105,444 in New Jersey

Exactly which federal and state brackets your salary crosses.

$400,000 mortgage in New Jersey

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $100,000

Savings benchmarks and projections for your income level.

Insurance Underwriter salary in Newark

Drill down to city-level salary data for Newark, New Jersey.

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Frequently Asked Questions

What is the median insurance underwriter salary in New Jersey?

The median insurance underwriter salary in New Jersey is $105,444, compared to a national median of $87,870.

What is the entry-level insurance underwriter salary in New Jersey?

Entry-level insurance underwriter positions in New Jersey typically pay around $63,266 annually.

What is the senior insurance underwriter salary in New Jersey?

Senior insurance underwriter professionals in New Jersey earn around $142,350 annually.

What is the job growth outlook for insurance underwriter?

The projected 10-year job growth outlook for insurance underwriter positions is 14%, which indicates strong demand in this field.

What education is needed to become a insurance underwriter?

Bachelor's degree in Insurance or related field

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