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.