Business & Finance Connecticut (CT) Rank #7 of 50

Insurance Underwriter Salary in Connecticut

The median insurance underwriter salary in Connecticut is $93,432 per year, which is 20.0% above the national median of $77,860.

Median Salary
$93,432
vs National
+$15,572
State Rank
#7 of 50
Cost of Living
112%

Insurance Underwriter Salary in Connecticut by Experience

In Connecticut, an entry-level insurance underwriter earns around $60,000, while experienced professionals earn up to $138,000 per year. The cost of living index in Connecticut is 112% of the national average.

Entry Level (0-2 yrs)
$60,000
+$10,000 vs national
Mid Level (3-7 yrs)
$93,600
+$15,600 vs national
Senior Level (8+ yrs)
$138,000
+$23,000 vs national

Salary Percentiles in Connecticut

Percentile CT Salary
10th Percentile $58,320
25th Percentile $73,440
Median (50th) $93,432
75th Percentile $120,000
90th Percentile $151,680

Major Cities for Insurance Underwriters in Connecticut

The largest employment areas for insurance underwriters in Connecticut include Bridgeport, New Haven, Hartford, and Stamford. Salaries in major metro areas may be higher due to increased demand and cost of living.

Bridgeport, CT
Metro area for insurance underwriter employment
New Haven, CT
Metro area for insurance underwriter employment
Hartford, CT
Metro area for insurance underwriter employment
Stamford, CT
Metro area for insurance underwriter employment
Waterbury, CT
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Connecticut

Education

Most insurance underwriter positions require a bachelor's degree. Connecticut has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Connecticut

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Connecticut's demand may vary based on local industry trends.