Insurance Underwriter salary in New York
Insurance Underwriters in New York earn a median of $97,450 a year ($46.85 an hour), based on BLS data for 6,900 workers.
Pay ranges from $65,160 for the lowest-paid 10% to $168,790 for the top 10%. That is 20% higher than the national median of $81,370. New York ranks 7th of 49 states for insurance underwriters pay. There are 0.71 insurance underwriters per 1,000 jobs here — close to the national average. The average (mean) salary is $110,210, above the median because a few high earners pull it up.
Pay range for insurance underwriters in New York
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $65,160 | $31.33 |
| 25th percentile | $79,250 | $38.10 |
| Median | $97,450 | $46.85 |
| 75th percentile | $131,530 | $63.23 |
| 90th percentile (top earners) | $168,790 | $81.15 |
| Average (mean) | $110,210 | $52.99 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,120.83 |
| Semi-monthly (24 a year) | $4,060.42 |
| Biweekly (26 a year) | $3,748.08 |
| Weekly | $1,874.04 |
| Hourly | $46.85 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in cities in New York
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $98,410 | 6,740 |
| Buffalo-Cheektowaga, NY | $95,370 | 200 |
| Rochester, NY | $94,310 | 260 |
| Albany-Schenectady-Troy, NY | $92,830 | 370 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $90,380 | 80 |
| Syracuse, NY | $81,160 | 240 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
Related jobs in New York
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $102,640 | $49.35 |
| Financial and Investment Analysts | $127,930 | $61.51 |
| Personal Financial Advisor | $166,400 | $80.00 |
| Financial Examiner | $128,920 | $61.98 |
| Financial Risk Specialist | $136,830 | $65.78 |
| Loan Officer | $95,710 | $46.01 |
| Financial Specialists, All Other | $107,490 | $51.68 |
| Credit Analyst | $133,270 | $64.07 |
| Tax Preparer | $71,850 | $34.54 |
| Tax Examiners and Collectors, and Revenue Agents | $72,610 | $34.91 |
| Property Appraisers and Assessors | $78,060 | $37.53 |
| Budget Analyst | $88,540 | $42.57 |
| Credit Counselor | $63,030 | $30.30 |
| Market Research Analysts and Marketing Specialists | $98,580 | $47.39 |
More: Business and Financial Operations Occupations · all salaries in New York
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in New York?
The median salary for insurance underwriters in New York is $97,450 a year, or $46.85 an hour. Pay ranges from $65,160 for the lowest-paid 10% to $168,790 for the top 10%.
How much do the highest-paid insurance underwriters make in New York?
The top 10% of insurance underwriters in New York earn at least $168,790 a year. The top 25% earn $131,530 or more.
What is the starting pay for insurance underwriters in New York?
Entry-level pay (the 10th percentile) is about $65,160 a year, and a quarter of insurance underwriters earn $79,250 or less.
How many insurance underwriters work in New York?
About 6,900 insurance underwriters are employed in New York, not counting the self-employed.