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, underwriters have the potential to earn a solid income. The average yearly salary for underwriters in this area stands at around $152,653. This figure reflects the skill and expertise that underwriters bring to their roles. Many underwriters in Newark find their work rewarding and lucrative.


Different factors can influence how much an underwriter earns in Newark. Years of experience, specific industry focus, and company size can all play a part. An underwriter's ability to evaluate risks and make informed decisions can also affect their salary. The data shows a range of salaries, from $80,082 to $212,500. This wide range highlights the earning potential for those in the field. Understanding these factors can help job seekers target positions that match their career goals and experience level.

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 that New York, NY, offers the highest average salary of $133,030. This bustling city provides numerous opportunities for career growth and competitive compensation. Morristown, NJ, and Jersey City, NJ, also offer solid salaries at $115,824 and $105,539 respectively, making them viable options for those seeking a balance between salary and location.
Graph displaying highest paying cities salaries for Underwriter jobs near Newark, NJ, highlighting New York, NY with the highest at $133,030 and Jersey City, NJ with the lowest at $105,539.
  1. New York, NY
    Average Salary: $133,030
    In New York, opportunities in risk assessment thrive. Companies like Aon and Marsh seek skilled professionals to evaluate potential risks. The fast-paced environment demands keen analytical skills and attention to detail.
    Find Underwriter jobs in New York, NY


  2. Morristown, NJ
    Average Salary: $115,824
    Morristown offers a mix of traditional and modern roles in risk management. Companies such as Chubb and Liberty Mutual provide stable positions. Employees often work with teams to minimize risks for their clients.
    Find Underwriter jobs in Morristown, NJ


  3. Jersey City, NJ
    Average Salary: $105,539
    Jersey City has a growing market for risk professionals. Companies like Berkshire Hathaway and Zurich Insurance look for experts to help manage insurance risks. The city's vibrant atmosphere complements the dynamic nature of the job.
    Find Underwriter jobs in Jersey City, NJ

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

Companies like PGIM and Horizon Blue Cross Blue Shield of New Jersey offer top pay for Underwriter jobs in Newark, NJ. PGIM provides an average salary of $177,955, making it one of the highest-paying options in the area. Horizon Blue Cross Blue Shield of New Jersey offers a competitive average salary of $93,114. Both firms provide excellent opportunities for those seeking a rewarding career in underwriting.
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 exciting opportunities for Underwriters in Newark, NJ. As part of a global investment management firm, you'll have a chance to work on a wide array of insurance products. This company operates offices in major financial centers worldwide, making it a great choice for those looking to grow their career in underwriting.


  2. Horizon Blue Cross Blue Shield of New Jersey
    Average Salary: $93,114
    Horizon Blue Cross Blue Shield of New Jersey provides comprehensive health coverage and is a leader in the insurance industry. The Underwriter role here involves analyzing insurance applications and determining risk levels. This company has multiple locations in New Jersey, including Newark, offering a dynamic work environment focused on community health.

Currently 622 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
622 Job Openings