Business & Finance Hartford, CT Pop. 121,054

Insurance Underwriter Salary in Hartford, Connecticut

The median insurance underwriter salary in Hartford, CT is $87,982 per year, which is 13.0% above the national median and 5.8% below the Connecticut state average.

City Median
$87,982
vs State Avg
$-5,450
vs National
+$10,122
Cost of Living
105%

Insurance Underwriter Salary in Hartford by Experience

In Hartford, an entry-level insurance underwriter earns around $56,500, while experienced professionals earn up to $129,950 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$56,500
+$6,500 vs national
Mid Level (3-7 yrs)
$88,140
+$10,140 vs national
Senior Level (8+ yrs)
$129,950
+$14,950 vs national

Salary Percentiles in Hartford, CT

Percentile Hartford
10th Percentile $54,918
25th Percentile $69,156
Median (50th) $87,982
75th Percentile $113,000
90th Percentile $142,832

Insurance Underwriter Salary in Other Connecticut Cities

How to Become a Insurance Underwriter in Hartford

Education

Most insurance underwriter positions require a bachelor's degree. Hartford 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 Hartford may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Hartford

Browse open insurance underwriter positions in Hartford, CT:

Frequently Asked Questions: Insurance Underwriter Salary in Hartford

How much does a Insurance Underwriter make in Hartford, CT?
The median insurance underwriter salary in Hartford, Connecticut is $87,982 per year, which is 13.0% above the national median of $77,860. Salaries range from $54,918 (10th percentile) to $142,832 (90th percentile).
How much does a Insurance Underwriter make per hour in Hartford?
Based on the median annual salary of $87,982, a insurance underwriter in Hartford earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Hartford compare to the Connecticut state average for insurance underwriter pay?
Hartford's median insurance underwriter salary of $87,982 is 5.8% below the Connecticut state average of $93,432. The local cost of living index is 105% of the national average.
What is the cost of living in Hartford, CT?
Hartford has a cost of living index of 105% compared to the national average. This means a insurance underwriter salary of $87,982 in Hartford has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Hartford?
Most insurance underwriter positions in Hartford 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.