Business & Finance Rochester, NY Pop. 211,328

Insurance Underwriter Salary in Rochester, New York

The median insurance underwriter salary in Rochester, NY is $79,417 per year, which is 2.0% above the national median and 23.9% below the New York state average.

City Median
$79,417
vs State Avg
$-24,915
vs National
+$1,557
Cost of Living
90%

Insurance Underwriter Salary in Rochester by Experience

In Rochester, an entry-level insurance underwriter earns around $51,000, while experienced professionals earn up to $117,300 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$51,000
+$1,000 vs national
Mid Level (3-7 yrs)
$79,560
+$1,560 vs national
Senior Level (8+ yrs)
$117,300
+$2,300 vs national

Salary Percentiles in Rochester, NY

Percentile Rochester
10th Percentile $49,572
25th Percentile $62,424
Median (50th) $79,417
75th Percentile $102,000
90th Percentile $128,928

Insurance Underwriter Salary in Other New York Cities

New York City, NY
$154,941
Pop. 8,336,817
Yonkers, NY
$114,454
Pop. 211,569
Albany, NY
$85,646
Pop. 99,224
Buffalo, NY
$80,974
Pop. 278,349

How to Become a Insurance Underwriter in Rochester

Education

Most insurance underwriter positions require a bachelor's degree. Rochester 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 Rochester may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Rochester

Browse open insurance underwriter positions in Rochester, NY:

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Frequently Asked Questions: Insurance Underwriter Salary in Rochester

How much does a Insurance Underwriter make in Rochester, NY? ▼
The median insurance underwriter salary in Rochester, New York is $79,417 per year, which is 2.0% above the national median of $77,860. Salaries range from $49,572 (10th percentile) to $128,928 (90th percentile).
How much does a Insurance Underwriter make per hour in Rochester? ▼
Based on the median annual salary of $79,417, a insurance underwriter in Rochester earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Rochester compare to the New York state average for insurance underwriter pay? ▼
Rochester's median insurance underwriter salary of $79,417 is 23.9% below the New York state average of $104,332. The local cost of living index is 90% of the national average.
What is the cost of living in Rochester, NY? ▼
Rochester has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $79,417 in Rochester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Rochester? ▼
Most insurance underwriter positions in Rochester 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.