Business & Finance New Haven, CT Pop. 134,023

Insurance Underwriter Salary in New Haven, Connecticut

The median insurance underwriter salary in New Haven, CT is $91,875 per year, which is 18.0% above the national median and 1.7% below the Connecticut state average.

City Median
$91,875
vs State Avg
$-1,557
vs National
+$14,015
Cost of Living
110%

Insurance Underwriter Salary in New Haven by Experience

In New Haven, an entry-level insurance underwriter earns around $59,000, while experienced professionals earn up to $135,700 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$59,000
+$9,000 vs national
Mid Level (3-7 yrs)
$92,040
+$14,040 vs national
Senior Level (8+ yrs)
$135,700
+$20,700 vs national

Salary Percentiles in New Haven, CT

Percentile New Haven
10th Percentile $57,348
25th Percentile $72,216
Median (50th) $91,875
75th Percentile $118,000
90th Percentile $149,152

Insurance Underwriter Salary in Other Connecticut Cities

Stamford, CT
$113,676
Pop. 135,470
Bridgeport, CT
$90,318
Pop. 148,529
Hartford, CT
$87,982
Pop. 121,054
Waterbury, CT
$82,532
Pop. 114,403

How to Become a Insurance Underwriter in New Haven

Education

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

Find Insurance Underwriter Jobs in New Haven

Browse open insurance underwriter positions in New Haven, CT:

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Frequently Asked Questions: Insurance Underwriter Salary in New Haven

How much does a Insurance Underwriter make in New Haven, CT? ▼
The median insurance underwriter salary in New Haven, Connecticut is $91,875 per year, which is 18.0% above the national median of $77,860. Salaries range from $57,348 (10th percentile) to $149,152 (90th percentile).
How much does a Insurance Underwriter make per hour in New Haven? ▼
Based on the median annual salary of $91,875, a insurance underwriter in New Haven earns approximately $44 per hour assuming a standard 2,080-hour work year.
How does New Haven compare to the Connecticut state average for insurance underwriter pay? ▼
New Haven's median insurance underwriter salary of $91,875 is 1.7% below the Connecticut state average of $93,432. The local cost of living index is 110% of the national average.
What is the cost of living in New Haven, CT? ▼
New Haven has a cost of living index of 110% compared to the national average. This means a insurance underwriter salary of $91,875 in New Haven has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in New Haven? ▼
Most insurance underwriter positions in New Haven 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.