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Insurance Underwriter I Salary in Paramus, New Jersey

Insurance Underwriter I Salary in Paramus, NJ

How much does an Insurance Underwriter I make in Paramus, NJ? The average Insurance Underwriter I salary in Paramus, NJ is $70,480 as of April 24, 2024, but the range typically falls between $62,950 and $79,980. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Insurance Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter I Salary $56,094 Paramus,NJ April 24, 2024
25th Percentile Insurance Underwriter I Salary $62,950 Paramus,NJ April 24, 2024
50th Percentile Insurance Underwriter I Salary $70,480 Paramus,NJ April 24, 2024
75th Percentile Insurance Underwriter I Salary $79,980 Paramus,NJ April 24, 2024
90th Percentile Insurance Underwriter I Salary $88,629 Paramus,NJ April 24, 2024
25% $62,950 10% $56,094 90% $88,629 75% $79,980 $70,480 50%(Median) Didn’t find job title? Click
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Check out Insurance Underwriter I Job Openings in Paramus, New Jersey

Collector Car Insurance Underwriter

NSM Insurance Group, LLC - Cherry Hill, NJ

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Commercial Property & Casualty Insurance Underwriter

Joseph Chiarello & Co Inc - Summit, NJ

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Underwriter Broker E&S Insurance Hybrid Montvale

Criterion Executive Search - Montvale, NJ

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Senior Accountant I

Quadvest Lp - Magnolia, TX

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Job Description

The Insurance Underwriter I utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter I ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter I may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Insurance Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter I in Paramus, NJ
  • NSM Insurance Group, LLC - Cherry Hill, NJ
    Overview. Join the team at American Collectors Insurance, where passion meets protection. We are looking for. Collector Car Insurance Specialists. to join ...
    - 3 Days Ago
  • Joseph Chiarello & Co Inc - Summit, NJ
    Job Description. Job Description. We are seeking a commercial lines underwriter to manage small and middle market commercial accounts. Duties will include ...
    - 2 Days Ago
  • Criterion Executive Search - Montvale, NJ
    Job Description. Job Description. Extremely fast-growing broker is looking to give a book to an underwriter with at least 5 years of experience on the whol...
    - 4 Days Ago
  • Quadvest Lp - Magnolia, TX
    JOB DESCRIPTION. Job Title. Senior Accountant I. Department. Accounting. Reports To. Accounting Manager. FLSA Status. Exempt. Summary. The Senior Accountan...
    - 2 Months Ago
  • Cargill - Albert Lea, MN
    Job Level. Hourly. Job Type. Hourly Full Time. Want to build a stronger, more sustainable future and cultivate your career. Join Cargill's global team of 1...
    - 4 Days Ago

Career Path for this job

  1. This Job:

    Insurance Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
62950
79980
70480

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64890
84050
73130
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter I in Paramus, NJ. The base salary for Insurance Underwriter I ranges from $62,950 to $79,980 with the average base salary of $70,480. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,890 to $84,050 with the average total cash compensation of $73,130.
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62950
79980

 

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About Paramus, New Jersey    Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population....More

Paramus, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Paramus, New Jersey

Insurance Underwriter I Salary in popular cities: Newark, Jersey City, Paterson

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