Insurance Underwriter Salary in Waterbury, Connecticut
The median insurance underwriter salary in Waterbury, CT is $82,532 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.
Insurance Underwriter Pay in Waterbury: What to Expect (2026)
Waterbury offers a median insurance underwriter salary of $82,532, which is $10,900 below the Connecticut state average of $93,432. Compared to the national median of $77,860, Waterbury pays above average for this role.
Waterbury's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Waterbury spans from $51,516 at the 10th percentile to $133,984 at the 90th percentile — a $82,468 spread. Entry-level professionals start around $53,000, while senior insurance underwriters with 8+ years of experience can earn up to $121,900. With a population of 114,403, Waterbury is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Waterbury by Experience
In Waterbury, an entry-level insurance underwriter earns around $53,000, while experienced professionals earn up to $121,900 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Waterbury, CT
| Percentile | Waterbury |
|---|---|
| 10th Percentile | $51,516 |
| 25th Percentile | $64,872 |
| Median (50th) | $82,532 |
| 75th Percentile | $106,000 |
| 90th Percentile | $133,984 |
Insurance Underwriter Salary in Other Connecticut Cities
How to Become a Insurance Underwriter in Waterbury
Education
Most insurance underwriter positions require a bachelor's degree. Waterbury and the surrounding Connecticut area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Waterbury may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Waterbury
Browse open insurance underwriter positions in Waterbury, CT: