Business & Finance Bridgeport, CT Pop. 148,529

Insurance Underwriter Salary in Bridgeport, Connecticut

The median insurance underwriter salary in Bridgeport, CT is $90,318 per year, which is 16.0% above the national median and 3.3% below the Connecticut state average.

City Median
$90,318
vs State Avg
$-3,114
vs National
+$12,458
Cost of Living
108%

Insurance Underwriter Salary in Bridgeport by Experience

In Bridgeport, an entry-level insurance underwriter earns around $58,000, while experienced professionals earn up to $133,400 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$58,000
+$8,000 vs national
Mid Level (3-7 yrs)
$90,480
+$12,480 vs national
Senior Level (8+ yrs)
$133,400
+$18,400 vs national

Salary Percentiles in Bridgeport, CT

Percentile Bridgeport
10th Percentile $56,376
25th Percentile $70,992
Median (50th) $90,318
75th Percentile $116,000
90th Percentile $146,624

Insurance Underwriter Salary in Other Connecticut Cities

Stamford, CT
$113,676
Pop. 135,470
New Haven, CT
$91,875
Pop. 134,023
Hartford, CT
$87,982
Pop. 121,054
Waterbury, CT
$82,532
Pop. 114,403

How to Become a Insurance Underwriter in Bridgeport

Education

Most insurance underwriter positions require a bachelor's degree. Bridgeport and the surrounding Connecticut area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Bridgeport may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Bridgeport

Browse open insurance underwriter positions in Bridgeport, CT:

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Frequently Asked Questions: Insurance Underwriter Salary in Bridgeport

How much does a Insurance Underwriter make in Bridgeport, CT? ▼
The median insurance underwriter salary in Bridgeport, Connecticut is $90,318 per year, which is 16.0% above the national median of $77,860. Salaries range from $56,376 (10th percentile) to $146,624 (90th percentile).
How much does a Insurance Underwriter make per hour in Bridgeport? ▼
Based on the median annual salary of $90,318, a insurance underwriter in Bridgeport earns approximately $43 per hour assuming a standard 2,080-hour work year.
How does Bridgeport compare to the Connecticut state average for insurance underwriter pay? ▼
Bridgeport's median insurance underwriter salary of $90,318 is 3.3% below the Connecticut state average of $93,432. The local cost of living index is 108% of the national average.
What is the cost of living in Bridgeport, CT? ▼
Bridgeport has a cost of living index of 108% compared to the national average. This means a insurance underwriter salary of $90,318 in Bridgeport has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Bridgeport? ▼
Most insurance underwriter positions in Bridgeport require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.