New Jersey Median
$96,220
per year
Hourly Rate
$46.26
based on 2,080 hrs/yr
vs National
+18% vs US median
US median $81,370
State Rank
#9 of 49
3,150 employed here
How much does an Insurance Underwriter make in New Jersey?
An Insurance Underwriter working in New Jersey earns a median salary of $96,220 per year, or about $46.26 per hour. That is 18% above the national median of $81,370 for this occupation.
Within New Jersey, entry-level pay starts around $66,290 while the top 10% make $144,230 or more. The middle 50% of earners fall between $79,230 and $120,970 a year.
Insurance Underwriter salary range in New Jersey
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $66,290 | $31.87 |
|
| 25th percentile (early career) | $79,230 | $38.09 |
|
| 50th percentile (median) | $96,220 | $46.26 |
|
| 75th percentile (experienced) | $120,970 | $58.16 |
|
| 90th percentile (top earners) | $144,230 | $69.34 |
|
How New Jersey compares
New Jersey ranks 9th out of 49 states and territories for Insurance Underwriter pay. The top 5 best-paying states:
Insurance Underwriter salary in other states
Massachusetts $106,640New Hampshire $103,940Nevada $101,440Connecticut $100,690Colorado $100,640Washington $99,400New York $97,450Wisconsin $97,370Maine $95,510California $95,320Maryland $92,120Illinois $89,620Georgia $85,980Rhode Island $84,720South Dakota $83,130Arkansas $82,130District of Columbia $82,070Virginia $81,870Alaska $81,620Minnesota $80,700Missouri $80,040Kentucky $79,830South Carolina $79,570Ohio $79,260Oregon $79,200Pennsylvania $78,950Texas $78,890Tennessee $78,840Florida $78,720Vermont $77,990Arizona $77,740Indiana $77,440Michigan $77,380North Carolina $77,120Kansas $77,070Louisiana $76,540Iowa $75,160Nebraska $75,120North Dakota $74,130Hawaii $73,260Utah $72,730Oklahoma $66,770New Mexico $64,000Montana $63,140Idaho $62,530Wyoming $62,290Alabama $62,220Mississippi $59,250
Working as an Insurance Underwriter in New Jersey
Nationally, about 105,000 people work as Insurance Underwriters in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare New Jersey pay ($96,220) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does an Insurance Underwriter make in New Jersey?
The median Insurance Underwriter salary in New Jersey is $96,220 per year, or about $46.26 per hour, per official BLS state wage estimates. Salaries typically range from $66,290 at the entry level to $144,230 for the top 10% of earners.
How does New Jersey pay compare to the national average?
New Jersey pays Insurance Underwriters about 18% more than the national median of $81,370. New Jersey ranks 9th out of 49 states and territories reporting this occupation.
Is New Jersey a good state for Insurance Underwriters?
Yes on pay — New Jersey pays above the national median for this occupation, at $96,220 a year. About 3,150 Insurance Underwriters are employed in New Jersey. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in New Jersey?
The highest-paying occupations in New Jersey include Radiologist ($482,700), Surgeon, All Other ($437,890), Physician, Pathologists ($355,970), based on median annual pay in official BLS state estimates.
← See the national Insurance Underwriter salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.