Insurance Underwriter salary in Syracuse, NY
Insurance Underwriters in the Syracuse, NY metro area earn a median of $81,160 a year ($39.02 an hour), based on BLS data for 240 workers.
Pay ranges from $59,100 for the lowest-paid 10% to $161,790 for the top 10%. That is about the same as the national median of $81,370. Pay here is 17% lower than the New York statewide median of $97,450. There are 0.78 insurance underwriters per 1,000 jobs here — close to the national average. The average (mean) salary is $95,530, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Syracuse, NY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $59,100 | $28.41 |
| 25th percentile | $68,540 | $32.95 |
| Median | $81,160 | $39.02 |
| 75th percentile | $121,340 | $58.34 |
| 90th percentile (top earners) | $161,790 | $77.79 |
| Average (mean) | $95,530 | $45.93 |
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 | $6,763.33 |
| Semi-monthly (24 a year) | $3,381.67 |
| Biweekly (26 a year) | $3,121.54 |
| Weekly | $1,560.77 |
| Hourly | $39.02 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in other metro areas nearby
| 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 |
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 |
See Insurance Underwriter pay in every state or the New York statewide figures.
Related jobs in Syracuse, NY
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,230 | $39.54 |
| Financial and Investment Analysts | $103,900 | $49.95 |
| Loan Officer | $78,580 | $37.78 |
| Personal Financial Advisor | $126,430 | $60.78 |
| Financial Examiner | $85,030 | $40.88 |
| Financial Risk Specialist | $122,740 | $59.01 |
| Tax Preparer | $61,290 | $29.47 |
| Budget Analyst | $85,240 | $40.98 |
| Financial Specialists, All Other | $60,240 | $28.96 |
| Credit Counselor | $59,160 | $28.44 |
| Credit Analyst | $79,970 | $38.45 |
| Property Appraisers and Assessors | $71,790 | $34.51 |
| Tax Examiners and Collectors, and Revenue Agents | $75,030 | $36.07 |
| Project Management Specialist | $105,390 | $50.67 |
More: Business and Financial Operations Occupations · all salaries in Syracuse, NY
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 Syracuse, NY?
The median salary for insurance underwriters in the Syracuse, NY metro area is $81,160 a year, or $39.02 an hour. Pay ranges from $59,100 for the lowest-paid 10% to $161,790 for the top 10%.
How much do the highest-paid insurance underwriters make in Syracuse, NY?
The top 10% of insurance underwriters in the Syracuse, NY metro area earn at least $161,790 a year. The top 25% earn $121,340 or more.
What is the starting pay for insurance underwriters in Syracuse, NY?
Entry-level pay (the 10th percentile) is about $59,100 a year, and a quarter of insurance underwriters earn $68,540 or less.
How many insurance underwriters work in Syracuse, NY?
About 240 insurance underwriters are employed in the Syracuse, NY metro area, not counting the self-employed.