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Insurance Underwriter I Salary in Union, New Jersey

Insurance Underwriter I Salary in Union, NJ

How much does an Insurance Underwriter I make in Union, NJ? The average Insurance Underwriter I salary in Union, NJ is $69,140 as of April 24, 2024, but the range typically falls between $61,750 and $78,450. 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 $55,022 Union,NJ April 24, 2024
25th Percentile Insurance Underwriter I Salary $61,750 Union,NJ April 24, 2024
50th Percentile Insurance Underwriter I Salary $69,140 Union,NJ April 24, 2024
75th Percentile Insurance Underwriter I Salary $78,450 Union,NJ April 24, 2024
90th Percentile Insurance Underwriter I Salary $86,926 Union,NJ April 24, 2024
25% $61,750 10% $55,022 90% $86,926 75% $78,450 $69,140 50%(Median) Didn’t find job title? Click
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Check out Insurance Underwriter I Job Openings in Union, New Jersey

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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Occupational Therapist I

Munson Healthcare - Traverse City, MI

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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 Union, NJ
  • 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
  • Vaco - Mahwah, NJ
    The Insurance Manager is a newly created position to support the growth and expansion of the company. This new role will be an influential leadership posit...
    - 3 Days Ago
  • Munson Healthcare - Traverse City, MI
    Description. As northern Michigan's largest healthcare system, we are deeply connected to the communities we serve and committed to caring for our families...
    - 4 Months Ago
  • TalentBurst, Inc. - Eustis, FL
    Job Title: Phlebotomist I. Location: Eustis FL. Duration: 3 Months extendable contract. Shift/Time Zone: Monday through Friday - 6:30 am to 3:30 pm EST, wi...
    - 1 Day 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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Understand the total compensation opportunity for an Insurance Underwriter I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
61750
78450
69140

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63650
82440
71740
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 Union, NJ. The base salary for Insurance Underwriter I ranges from $61,750 to $78,450 with the average base salary of $69,140. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,650 to $82,440 with the average total cash compensation of $71,740.
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61750
78450

 

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About Union, New Jersey    Union Township, New Jersey is the name of several places in New Jersey:....More

Union, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Union, New Jersey

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

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