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Underwriters Marine Services Inc Salary

Underwriters Marine Services Inc Salary

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As of August 2026, the average annual salary for employees at Underwriters Marine Services Inc in the United States is $111,777. This translates to an approximate hourly wage of $54. Salaries at Underwriters Marine Services Inc typically range from $98,325 to $126,426 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Underwriters Marine Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Underwriters Marine Services Inc. Based on our data, the highest paying job is the Manager, Claims, with an annual salary of $129,648. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Underwriters Marine Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Underwriters Marine Services Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Synergy Life Brokerage Group LLC $113,760
+1.8%
Indicates identical technical requirements and experience levels between the two firms.
KAFL Insurance Resources Inc $92,189
-17.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Putnam Specialty Brokers LLC $104,636
-6.4%
Normalized for lower cost-of-living zones where Putnam Specialty Brokers LLC primarily operates.
Mercury Brokerage $92,970
-16.8%
Mercury Brokerage operates with a leaner overhead structure, impacting base wage offers.
Insurance Industry $123,858
+10.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Underwriters Marine Services Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Underwriters Marine Services Inc. Click a company name to learn more.

Employee Reviews: Working at Underwriters Marine Services Inc

Considering a career at Underwriters Marine Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
A good place to grow. The office location is convenient, and remote work options are occasionally available. The company is well-established, with solid processes in place. Overall, it’s a stable and fulfilling workplace with room for advancement.
Commented in April 13, 2025
25
1
The insurance industry can be tough, but this company makes it enjoyable. A reliable workplace for insurance professionals. This company stands out for its employee-centric approach. Compensation is fair, with performance bonuses and annual raises. The company maintains a strong reputation in the insurance market, which adds a sense of job security.
Commented in April 09, 2025
22
1
Overall, it’s a stable and fulfilling place to build a long-term career in the insurance industry. Working here has been a standard corporate experience. The workload is predictable, which helps with planning. The company provides great training and resources. Overall, it’s a well-run organization with good growth potential. The workload is balanced, with occasional peaks. Good for those seeking c...
Commented in August 03, 2024
38
3
The team is collaborative, and management is supportive, ensuring everyone has the resources they need to succeed. Managers are supportive, and there’s a good balance between autonomy and teamwork. I’d recommend this workplace to anyone seeking growth in the insurance sector. A stable option for those in the insurance sector.
Commented in January 14, 2024
38
0

Underwriters Marine Services Inc Overview

Website
www.umsmarine.com
Founded In
1978
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
5 Hanover Sq New York City New York NY 10004
Revenue
$5 Million - $10 Million
Phone Number
+1 5048286311
Social Media
About Underwriters Marine Services Inc
Underwriters Marine Services, Inc. (UMS) has been providing innovative solutions and unique insurance coverages to the marine market for 25 consecutive years. The company offers agents and brokers first class security, long-term stability, unsurpassed capacity and responsive service with a value-added approach to its many insurance programs, which explains why the client list includes major marine

What Benefits Does Underwriters Marine Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Underwriters Marine Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Underwriters Marine Services Inc?
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Underwriters Marine Services Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Underwriters Marine Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Underwriters Marine Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Underwriters Marine Services Inc

1. What is the typical salary range (low to high) for most roles at Underwriters Marine Services Inc?

The typical annual salary range for most roles at Underwriters Marine Services Inc is approximately from $98,325 to $126,426. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Underwriters Marine Services Inc pay compared to Synergy Life Brokerage Group LLC?

The average annual salary at Underwriters Marine Services Inc is $111,777, or an hourly wage of $54, in comparison to Synergy Life Brokerage Group LLC which pays $113,760 per year or $55 per hour.

3. How does experience level affect salary at Underwriters Marine Services Inc?

Experience level is a significant factor in determining salary at Underwriters Marine Services Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Underwriters Marine Services Inc in New York is fair given the local cost of living?

To determine if a salary offer from Underwriters Marine Services Inc in New York is fair, first compare the gross salary to our data for similar roles at Underwriters Marine Services Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. What factors influence salary increases at Underwriters Marine Services Inc?

Salary increases at Underwriters Marine Services Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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