Insurance Underwriter Salary Information in New York

The average annual and hourly salaries for insurance underwriters in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters among New York metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Insurance Underwriters in New York

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,370
25th Percentile Wage
$61,050
50th Percentile Wage
$82,450
75th Percentile Wage
$117,450
90th Percentile Wage
$157,290

Table 1 shows the average annual salary for insurance underwriters in New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,290. The median (50th percentile) annual salary is $82,450. The average annual salary for the bottom 10 percent is $47,370.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$82,450
2.67% 11.24%
2016
$80,250
0.90% -
2015
$79,530
1.16% -
2014
$78,610
4.80% -
2013
$74,840
2.22% -
2012
$73,180
- -

Table 3. Median Annual Salary of Insurance Underwriters in New York Cities

Table 3 shows the median annual salary of insurance underwriters in some New York cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of New York ranges from $47,460 to $89,270. The highest paying area for insurance underwriters in New York is New York-White Plains-Wayne with a median annual salary of $89,270. The second highest paying city/area in New York State is New York-Northern New Jersey-Long Island (mean annual salary $86,390). The lowest paying area is Southwest New York nonmetropolitan area with a median annual salary of $47,460.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$89,270
New York-Northern New Jersey-Long Island
$86,390
Syracuse
$82,030
Utica-Rome
$79,540
Buffalo-Niagara Falls
$78,580
Rochester
$76,930
Albany-Schenectady-Troy
$74,760
Nassau-Suffolk
$68,090
Central New York nonmetropolitan area
$67,080
Binghamton
$63,290
Ithaca
$57,550
Southwest New York nonmetropolitan area
$47,460




Related:

💰 Highest paying cities for insurance underwriters

💰 Highest paying industries for insurance underwriters.