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 Overview in Connecticut (2026)

Connecticut ranks #7 out of 50 states for insurance underwriter compensation. This places Connecticut in the top tier nationally, making it one of the best states for insurance underwriters seeking high pay. At $93,432 per year, insurance underwriters in Connecticut earn $15,572 more than the national median of $77,860.

It's worth noting that Connecticut's cost of living is 112% of the national average, which reduces the real purchasing power of the $93,432 salary. After adjusting for cost of living, the effective salary is closer to $83,421.

The salary spread in Connecticut is significant: insurance underwriters at the 10th percentile earn $58,320, while those at the 90th percentile bring home $151,680 — a $93,360 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Connecticut for this role is Stamford, where the median reaches $113,676.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

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

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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

Insurance Underwriter Salary by City in Connecticut

The largest employment areas for insurance underwriters in Connecticut include Bridgeport, New Haven, Hartford, and Stamford. Salaries vary by city based on local cost of living and demand.

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.

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Frequently Asked Questions: Insurance Underwriter Salary in Connecticut

How much does a Insurance Underwriter make 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. Salaries range from $58,320 (10th percentile) to $151,680 (90th percentile).
How much does a Insurance Underwriter make per hour in Connecticut? ▼
Based on the median annual salary of $93,432, a insurance underwriter in Connecticut earns approximately $45 per hour assuming a standard 2,080-hour work year.
Is Connecticut a good state for insurance underwriters? ▼
Connecticut ranks #7 out of 50 states for insurance underwriter pay. The cost of living index is 112% of the national average. Entry-level insurance underwriters earn $60,000, while senior professionals earn $138,000.
How does Connecticut compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Connecticut's median of $93,432 ranks #7 nationally. Nearby-ranked states include Alaska ($96,546) and New Jersey ($95,768).
What is the entry-level insurance underwriter salary in Connecticut? ▼
An entry-level insurance underwriter in Connecticut earns approximately $60,000 per year. With 3-7 years of experience, pay increases to around $93,600. Senior-level professionals with 8+ years earn up to $138,000.
What city in Connecticut pays insurance underwriters the most? ▼
Stamford is the highest paying city in Connecticut for insurance underwriters, with a median salary of $113,676. Other cities include Bridgeport and New Haven.