New Jersey ranks 9th of 50 states and D.C. for insurance underwriters pay, trailing top-paying Vermont ($106,790) by $13,290 — a 14% gap.
New Jersey employs roughly 2.9% of all insurance underwriters in the country (3,170 workers).
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $64,790 | $31.15 |
| 25th percentile | $72,790 | $35.00 |
| 50th percentile (median) | $93,500 | $44.95 |
| 75th percentile | $115,250 | $55.41 |
| 90th percentile (top earners) | $143,540 | $69.01 |
| Mean (average) | $98,600 | $47.41 |
How New Jersey Compares
| State | Median Annual | vs. New Jersey |
|---|---|---|
| New Jersey (current) | $93,500 | n/a |
| Vermont | $106,790 | +14% |
| District of Columbia | $100,660 | +8% |
| Colorado | $100,050 | +7% |
| Massachusetts | $100,050 | +7% |
| Maine | $96,600 | +3% |
| New Hampshire | $96,100 | +3% |
| Connecticut | $95,460 | +2% |
| Washington | $95,310 | +2% |
Showing top-paying states with available data. View all states →
Related Occupations in New Jersey
| Occupation | Median Annual | Employment |
|---|---|---|
| Compliance Officers | $93,520 | 12,000 |
| Logisticians | $93,710 | 5,940 |
| Surveyors | $93,260 | 950 |
| Social and Community Service Managers | $92,840 | 4,980 |
| Financial Specialists, All Other | $92,820 | 4,870 |
| Sheet Metal Workers | $94,310 | 1,690 |
Frequently Asked Questions
What is the average Insurance Underwriters salary in New Jersey?
The mean insurance underwriters salary in New Jersey is $98,600 per year. The median (middle) salary is $93,500 per year.
What is the starting salary for a Insurance Underwriters in New Jersey?
Entry-level insurance underwriterss (10th percentile) in New Jersey typically earn around $64,790 per year. Workers at the 25th percentile earn approximately $72,790 per year.
What is the highest Insurance Underwriters salary in New Jersey?
Top earners (90th percentile) in this occupation in New Jersey make approximately $143,540 per year. Those in the 75th percentile earn around $115,250 per year.
How does the New Jersey Insurance Underwriters salary compare to the national average?
The median insurance underwriters salary in New Jersey is $93,500, which is +17% above national average of $79,880.