Business & Finance Yonkers, NY
Pop. 211,569
Insurance Underwriter Salary in Yonkers, New York
The median insurance underwriter salary in Yonkers, NY is $114,454 per year, which is 47.0% above the national median and 9.7% above the New York state average.
City Median
$114,454
vs State Avg
+$10,122
vs National
+$36,594
Cost of Living
135%
Insurance Underwriter Salary in Yonkers by Experience
In Yonkers, an entry-level insurance underwriter earns around $73,500, while experienced professionals earn up to $169,050 per year. The local cost of living index is 135% of the national average.
Entry Level (0-2 yrs)
$73,500
+$23,500 vs national
Mid Level (3-7 yrs)
$114,660
+$36,660 vs national
Senior Level (8+ yrs)
$169,050
+$54,050 vs national
Salary Percentiles in Yonkers, NY
| Percentile | Yonkers |
|---|---|
| 10th Percentile | $71,442 |
| 25th Percentile | $89,964 |
| Median (50th) | $114,454 |
| 75th Percentile | $147,000 |
| 90th Percentile | $185,808 |
Insurance Underwriter Salary in Other New York Cities
How to Become a Insurance Underwriter in Yonkers
Education
Most insurance underwriter positions require a bachelor's degree. Yonkers 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 Yonkers may vary based on local industry and population growth.