Insurance Underwriter Salary in Albuquerque, New Mexico
The median insurance underwriter salary in Albuquerque, NM is $73,967 per year, which is 5% below the national median and 2.2% above the New Mexico state average.
Insurance Underwriter Salary in Albuquerque by Experience
In Albuquerque, an entry-level insurance underwriter earns around $47,500, while experienced professionals earn up to $109,250 per year. The local cost of living index is 95% of the national average.
Salary Percentiles in Albuquerque, NM
| Percentile | Albuquerque |
|---|---|
| 10th Percentile | $46,170 |
| 25th Percentile | $58,140 |
| Median (50th) | $73,967 |
| 75th Percentile | $95,000 |
| 90th Percentile | $120,080 |
Insurance Underwriter Salary in Other New Mexico Cities
How to Become a Insurance Underwriter in Albuquerque
Education
Most insurance underwriter positions require a bachelor's degree. Albuquerque and the surrounding New Mexico 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 Albuquerque may vary based on local industry and population growth.