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Insurance Underwriters in New Jersey

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Insurance Underwriters in New Jersey

Is New Jersey a good place for you to work as an Insurance Underwriter?

-7% Jobs Projection
$79,930 Median Salary
240 Job Openings

While jobs for Insurance Underwriters in New Jersey are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Insurance Underwriters in New Jersey is expected to decrease.

  • Insurance Underwriters in New Jersey earn higher salaries than the typical U.S. wage earner.

How Many Insurance Underwriters Work in New Jersey?

3,190 people worked as Insurance Underwriters in 2018 in this state.

There were 3,230 Insurance Underwriters employed in this state in 2017.

That’s a decline of 40 jobs between 2017 and 2018.


The typical state has 1,290 Insurance Underwriters working in it, which means New Jersey has more Insurance Underwriters than average.


Job Projections for New Jersey

Jobs for Insurance Underwriters in this state are declining at a rate of 6.8% which is a faster decline than the nationwide estimated projection of -5.3%.


New Jersey Annual Job Openings

The BLS estimates there will be 240 annual job openings, and 3,270 total jobs in 2026 for Insurance Underwriters in this state.

Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.

What do Insurance Underwriters Make in New Jersey?

In 2018 wages for Insurance Underwriters ranged from $46,620 to $140,080 with $79,930 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $22.41 to $67.35. The median hourly rate was $38.43.

In 2017 the median pay for this field was $40.37 an hour.

The hourly rate declined by $1.94.

The median salary in New Jersey is higher than the nationwide median salary.


Top New Jersey Metros for Insurance Underwriters

The table below shows some of the metros in this state with the most Insurance Underwriters.

Metro Number Employed Annual Median Salary
New York-Newark-Jersey City, NY-NJ-PA 8,250 $80,870
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 3,170 $76,170
Trenton, NJ 360 $73,030
Atlantic City-Hammonton, NJ 110 $65,380

Top States for Insurance Underwriters Employment

View the list below to see where most Insurance Underwriters work.

State Number Employed Annual Median Salary
California 9,130 $78,750
New York 8,430 $78,420
Texas 7,560 $61,240
Georgia 6,020 $73,910
Illinois 5,780 $70,410
Florida 4,970 $63,790
Pennsylvania 4,640 $71,070
Ohio 4,630 $68,190
New Jersey 3,190 $79,930
Connecticut 2,940 $70,980
Massachusetts 2,410 $76,760
Missouri 2,320 $64,660
Wisconsin 2,260 $63,490
Virginia 2,180 $64,260
North Carolina 2,010 $71,570
Iowa 1,850 $67,020
Minnesota 1,620 $63,820
Washington 1,610 $76,110
Arizona 1,570 $71,400
Nebraska 1,530 $59,960

Below are the states where Insurance Underwriters get paid the most:

State Annual Median Salary
New Hampshire $80,530
District of Columbia $80,410
New Jersey $79,930
California $78,750
New York $78,420
Massachusetts $76,760
Maryland $76,450
Washington $76,110
South Dakota $74,810
Georgia $73,910

You may also be interested in the following careers:

Occupation NJ Employment Total


More about our data sources and methodologies.

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