Business & Finance Stamford, CT Pop. 135,470

Insurance Underwriter Salary in Stamford, Connecticut

The median insurance underwriter salary in Stamford, CT is $113,676 per year, which is 46.0% above the national median and 21.7% above the Connecticut state average.

City Median
$113,676
vs State Avg
+$20,244
vs National
+$35,816
Cost of Living
138%

Insurance Underwriter Salary in Stamford by Experience

In Stamford, an entry-level insurance underwriter earns around $73,000, while experienced professionals earn up to $167,900 per year. The local cost of living index is 138% of the national average.

Entry Level (0-2 yrs)
$73,000
+$23,000 vs national
Mid Level (3-7 yrs)
$113,880
+$35,880 vs national
Senior Level (8+ yrs)
$167,900
+$52,900 vs national

Salary Percentiles in Stamford, CT

Percentile Stamford
10th Percentile $70,956
25th Percentile $89,352
Median (50th) $113,676
75th Percentile $146,000
90th Percentile $184,544

Insurance Underwriter Salary in Other Connecticut Cities

New Haven, CT
$91,875
Pop. 134,023
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 Stamford

Education

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

Find Insurance Underwriter Jobs in Stamford

Browse open insurance underwriter positions in Stamford, CT:

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Frequently Asked Questions: Insurance Underwriter Salary in Stamford

How much does a Insurance Underwriter make in Stamford, CT? ▼
The median insurance underwriter salary in Stamford, Connecticut is $113,676 per year, which is 46.0% above the national median of $77,860. Salaries range from $70,956 (10th percentile) to $184,544 (90th percentile).
How much does a Insurance Underwriter make per hour in Stamford? ▼
Based on the median annual salary of $113,676, a insurance underwriter in Stamford earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Stamford compare to the Connecticut state average for insurance underwriter pay? ▼
Stamford's median insurance underwriter salary of $113,676 is 21.7% above the Connecticut state average of $93,432. The local cost of living index is 138% of the national average.
What is the cost of living in Stamford, CT? ▼
Stamford has a cost of living index of 138% compared to the national average. This means a insurance underwriter salary of $113,676 in Stamford has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Stamford? ▼
Most insurance underwriter positions in Stamford 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.