The annual salary statistics of insurance underwriters in Nassau-Suffolk, New York is shown in Table 1. The wage statistics of insurance underwriters in Nassau-Suffolk is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $43,560 |
| 25th Percentile Wage | $54,840 |
| 50th Percentile Wage | $68,090 |
| 75th Percentile Wage | $88,630 |
| 90th Percentile Wage | $114,080 |
Table 1 shows the average annual salary for insurance underwriters in Nassau-Suffolk, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $114,080. The median (50th percentile) annual salary is $68,090. The average annual salary for the bottom 10 percent earners is $43,560.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $68,090 | 1.75% | -6.45% |
| 2016 | $66,900 | 4.74% | - |
| 2015 | $63,730 | -11.20% | - |
| 2014 | $70,870 | -0.23% | - |
| 2013 | $71,030 | -2.04% | - |
| 2012 | $72,480 | - | - |
From Table 3 we note that the median annual salary of $68,090 in Nassau-Suffolk is in the middle of salary range for insurance underwriters in state of New York. In comparison, the annual salary of insurance underwriters in Nassau-Suffolk is 31.3 percent (31.3%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 30.3 percent (30.3%) higher than that in the lowest paying Southwest New York nonmetropolitan area.