Business & Finance Roswell, NM
Pop. 48,422
Insurance Underwriter Salary in Roswell, New Mexico
The median insurance underwriter salary in Roswell, NM is $63,845 per year, which is 18% below the national median and 11.8% below the New Mexico state average.
City Median
$63,845
vs State Avg
$-8,565
vs National
$-14,015
Cost of Living
82%
Insurance Underwriter Salary in Roswell by Experience
In Roswell, an entry-level insurance underwriter earns around $41,000, while experienced professionals earn up to $94,300 per year. The local cost of living index is 82% of the national average.
Entry Level (0-2 yrs)
$41,000
$-9,000 vs national
Mid Level (3-7 yrs)
$63,960
$-14,040 vs national
Senior Level (8+ yrs)
$94,300
$-20,700 vs national
Salary Percentiles in Roswell, NM
| Percentile | Roswell |
|---|---|
| 10th Percentile | $39,852 |
| 25th Percentile | $50,184 |
| Median (50th) | $63,845 |
| 75th Percentile | $82,000 |
| 90th Percentile | $103,648 |
Insurance Underwriter Salary in Other New Mexico Cities
How to Become a Insurance Underwriter in Roswell
Education
Most insurance underwriter positions require a bachelor's degree. Roswell and the surrounding New Mexico 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 Roswell may vary based on local industry and population growth.