Business & Finance New York City, NY Pop. 8,336,817

Insurance Underwriter Salary in New York City, New York

The median insurance underwriter salary in New York City, NY is $154,941 per year, which is 99.0% above the national median and 48.5% above the New York state average.

City Median
$154,941
vs State Avg
+$50,609
vs National
+$77,081
Cost of Living
187%

Insurance Underwriter Salary in New York City by Experience

In New York City, an entry-level insurance underwriter earns around $99,500, while experienced professionals earn up to $228,850 per year. The local cost of living index is 187% of the national average.

Entry Level (0-2 yrs)
$99,500
+$49,500 vs national
Mid Level (3-7 yrs)
$155,220
+$77,220 vs national
Senior Level (8+ yrs)
$228,850
+$113,850 vs national

Salary Percentiles in New York City, NY

Percentile New York City
10th Percentile $96,714
25th Percentile $121,788
Median (50th) $154,941
75th Percentile $199,000
90th Percentile $251,536

Insurance Underwriter Salary in Other New York Cities

How to Become a Insurance Underwriter in New York City

Education

Most insurance underwriter positions require a bachelor's degree. New York City and the surrounding New York 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 New York City may vary based on local industry and population growth.