National » Insurance Underwriters » New York-Northern New Jersey-Long Island, NY

Insurance Underwriter Salary in New York-Northern New Jersey-Long Island, New York

The annual salary statistics of insurance underwriters in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage statistics of insurance underwriters in New York-Northern New Jersey-Long Island is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Insurance Underwriters in New York-Northern New Jersey-Long Island, New York

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$62,250
25th Percentile Wage	$79,090
50th Percentile Wage	$99,130
75th Percentile Wage	$128,360
90th Percentile Wage	$170,060

Table 1 shows the average annual salary for insurance underwriters in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,060. The median (50th percentile) annual salary is $99,130. The average annual salary for the bottom 10 percent earners is $62,250.

Median salary trend (2012 to 2022)

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2022.

Year	Median Salary	Yearly Growth	10-Year Growth
2022	$99,130	0.45%	19.04%
2021	$98,680	10.13%	-
2020	$88,680	5.04%	-
2019	$84,210	3.97%	-
2018	$80,870	-6.83%	-
2017	$86,390	3.54%	-
2016	$83,330	-1.63%	-
2015	$84,690	-0.48%	-
2014	$85,100	1.21%	-
2013	$84,070	4.53%	-
2012	$80,260	-	-

Table 2. Compare Insurance Underwriter Salary in New York-Northern New Jersey-Long Island with Other New York Cities

From Table 3 we note that with a median annual salary of $99,130, New York-Northern New Jersey-Long Island is the highest paying city for insurance underwriters in state of New York, followed by New York-White Plains-Wayne (median annual salary $89,270). In comparison, the median annual salary of insurance underwriters in New York-Northern New Jersey-Long Island is 9.9 percent (9.9%) higher than that in New York-White Plains-Wayne.

Cities/Areas	Median Annual Salary
New York-Northern New Jersey-Long Island	$99,130
New York-White Plains-Wayne	$89,270
Utica-Rome	$81,600
Syracuse	$81,370
Buffalo-Niagara Falls	$81,240
Rochester	$80,050
Central East New York nonmetropolitan area	$79,570
Albany-Schenectady-Troy	$73,880
Nassau-Suffolk	$68,090
Central New York nonmetropolitan area	$67,080
Binghamton	$63,640
Ithaca	$61,070
Southwest New York nonmetropolitan area	$47,460