Insurance Underwriter Salary in Elizabeth, New Jersey
The median insurance underwriter salary in Elizabeth, NJ is $90,318 per year, which is 16.0% above the national median and 5.7% below the New Jersey state average.
Insurance Underwriter Pay in Elizabeth: What to Expect (2026)
Elizabeth offers a median insurance underwriter salary of $90,318, which is $5,450 below the New Jersey state average of $95,768. Compared to the national median of $77,860, Elizabeth pays above average for this role.
Elizabeth's cost of living is 108% 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 Elizabeth spans from $56,376 at the 10th percentile to $146,624 at the 90th percentile — a $90,248 spread. Entry-level professionals start around $58,000, while senior insurance underwriters with 8+ years of experience can earn up to $133,400. With a population of 137,298, Elizabeth is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Elizabeth by Experience
In Elizabeth, an entry-level insurance underwriter earns around $58,000, while experienced professionals earn up to $133,400 per year. The local cost of living index is 108% of the national average.
Salary Percentiles in Elizabeth, NJ
| Percentile | Elizabeth |
|---|---|
| 10th Percentile | $56,376 |
| 25th Percentile | $70,992 |
| Median (50th) | $90,318 |
| 75th Percentile | $116,000 |
| 90th Percentile | $146,624 |
Insurance Underwriter Salary in Other New Jersey Cities
How to Become a Insurance Underwriter in Elizabeth
Education
Most insurance underwriter positions require a bachelor's degree. Elizabeth and the surrounding New Jersey 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 Elizabeth may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Elizabeth
Browse open insurance underwriter positions in Elizabeth, NJ: