Position
City
Salary

How much does a Underwriter make in Newark, NJ?

The average salary for a Underwriter is $152,653 per year in Newark, NJ.

In Newark, NJ, an Underwriter can expect to earn a competitive salary. The average yearly salary for this position is around $152,653. This figure reflects a solid income for those in the field, offering a good balance between risk assessment and financial rewards.

The salary range for Underwriters in Newark varies. Some earn as low as $80,082 per year, while others can make up to $212,500. This range shows that experience, skills, and the specific company can greatly affect earnings. A few key factors that influence these numbers include the Underwriter's experience, the industry they work in, and the size of the company they are employed by. Higher salaries often come with more responsibility and a greater need for specialized skills.

Underwriter jobs in Newark, NJ

What are the highest paying cities for a Underwriter near Newark, NJ?

Job seekers looking for Underwriter roles near Newark, NJ, will find attractive opportunities in nearby cities. New York, NY, offers the highest average salary at $132,304. Morristown, NJ, and Jersey City, NJ, also provide competitive salaries, with averages of $116,052 and $105,209, respectively. These cities present excellent prospects for those seeking a rewarding career in underwriting.
Graph displaying highest paying cities salaries for Underwriter jobs near Newark, NJ, highlighting New York, NY with the highest at $132,304 and Jersey City, NJ with the lowest at $105,209.
  1. New York, NY
    Average Salary: $132,304
    In New York City, professionals in this field enjoy a dynamic work environment. They assess risks for major insurance companies. The city's diverse economy offers many opportunities for growth and networking.
    Find Underwriter jobs in New York, NY


  2. Morristown, NJ
    Average Salary: $116,052
    Morristown provides a more relaxed pace compared to larger cities. Here, individuals work closely with clients to tailor insurance solutions. The area is known for its strong financial sector, offering stability and career advancement.
    Find Underwriter jobs in Morristown, NJ


  3. Jersey City, NJ
    Average Salary: $105,209
    Jersey City combines urban energy with a growing tech scene. Those in this role often find themselves working for innovative companies. The city's proximity to New York City offers additional networking and job opportunities.
    Find Underwriter jobs in Jersey City, NJ

What are the best paying companies for a Underwriter in Newark, NJ?

PGIM offers top-tier salaries for underwriters in Newark, NJ, with an average of $177,955. This company provides a competitive environment for those in the underwriting field. Horizon Blue Cross Blue Shield of New Jersey also pays well, with an average salary of $93,114 for underwriters, making it another great option for job seekers.
Graph displaying best paying company salaries for Underwriter jobs in Newark, NJ, highlighting PGIM with the highest at $177,955 and Horizon Blue Cross Blue Shield of New Jersey with the lowest at $93,114.
  1. PGIM
    Average Salary: $177,955
    PGIM offers Underwriter jobs with a strong focus on investment management. The company operates globally, with a significant presence in Newark, NJ. Underwriters here assess risk and help manage investment portfolios.


  2. Horizon Blue Cross Blue Shield of New Jersey
    Average Salary: $93,114
    Horizon Blue Cross Blue Shield of New Jersey provides Underwriter positions that focus on health insurance. The company serves the entire state of New Jersey, with its headquarters in Newark. Underwriters here evaluate insurance applications and manage risk for policyholders.

Currently 705 Underwriter job openings, nationwide.

How's the job market for a Underwriter in the US?

Learn what a Underwriter does, how to become one, and understand the job outlook. Get simple steps to start your career as a Underwriter today.
Position
Overview
Underwriter
705 Job Openings