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 Pay in Roswell: What to Expect (2026)

Roswell offers a median insurance underwriter salary of $63,845, which is $8,565 below the New Mexico state average of $72,410. Compared to the national median of $77,860, Roswell pays below the national benchmark for this role.

One of Roswell's biggest advantages is its low cost of living at 82% of the national average. This means the $63,845 salary stretches further here — equivalent to roughly $77,860 in an average-cost city. This makes Roswell an attractive option for insurance underwriters seeking strong real-dollar compensation.

The salary range for insurance underwriters in Roswell spans from $39,852 at the 10th percentile to $103,648 at the 90th percentile — a $63,796 spread. Entry-level professionals start around $41,000, while senior insurance underwriters with 8+ years of experience can earn up to $94,300. Roswell is a smaller market (pop. 48,422), which may mean fewer openings but also less competition for available positions.

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

Santa Fe, NM
$85,646
Pop. 87,505
Albuquerque, NM
$73,967
Pop. 564,559
Rio Rancho, NM
$71,631
Pop. 104,046
Las Cruces, NM
$68,517
Pop. 111,385

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.

Find Insurance Underwriter Jobs in Roswell

Browse open insurance underwriter positions in Roswell, NM:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Roswell

How much does a Insurance Underwriter make in Roswell, NM? ▼
The median insurance underwriter salary in Roswell, New Mexico is $63,845 per year, which is 18% below the national median of $77,860. Salaries range from $39,852 (10th percentile) to $103,648 (90th percentile).
How much does a Insurance Underwriter make per hour in Roswell? ▼
Based on the median annual salary of $63,845, a insurance underwriter in Roswell earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Roswell compare to the New Mexico state average for insurance underwriter pay? ▼
Roswell's median insurance underwriter salary of $63,845 is 11.8% below the New Mexico state average of $72,410. The local cost of living index is 82% of the national average.
What is the cost of living in Roswell, NM? ▼
Roswell has a cost of living index of 82% compared to the national average. This means a insurance underwriter salary of $63,845 in Roswell has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Roswell? ▼
Most insurance underwriter positions in Roswell 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.