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

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.