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.

Find Insurance Underwriter Jobs in Yonkers

Browse open insurance underwriter positions in Yonkers, NY:

Frequently Asked Questions: Insurance Underwriter Salary in Yonkers

How much does a Insurance Underwriter make in Yonkers, NY?
The median insurance underwriter salary in Yonkers, New York is $114,454 per year, which is 47.0% above the national median of $77,860. Salaries range from $71,442 (10th percentile) to $185,808 (90th percentile).
How much does a Insurance Underwriter make per hour in Yonkers?
Based on the median annual salary of $114,454, a insurance underwriter in Yonkers earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Yonkers compare to the New York state average for insurance underwriter pay?
Yonkers's median insurance underwriter salary of $114,454 is 9.7% above the New York state average of $104,332. The local cost of living index is 135% of the national average.
What is the cost of living in Yonkers, NY?
Yonkers has a cost of living index of 135% compared to the national average. This means a insurance underwriter salary of $114,454 in Yonkers has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Yonkers?
Most insurance underwriter positions in Yonkers 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.