As of March 01, 2025, the average annual salary for a Insurance Underwriter II in Albany, NY is $76,000. Salary.com reports that pay typically ranges from $68,000 to $87,700, with most professionals earning between $60,716 and $98,352.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $87,700 | $7,308 | $1,687 | $42 |
| Average | $76,000 | $6,333 | $1,462 | $37 |
| 25th Percentile | $68,000 | $5,667 | $1,308 | $33 |
An entry-level Insurance Underwriter II with under 1 year experience makes about $72,510. With less than 2 years of experience, a mid-level Insurance Underwriter II makes around $72,747. After 2-4 years, the Insurance Underwriter II pay rises to about $75,110. Those senior Insurance Underwriter II with 5-8 years of experience earn roughly $79,428, and those Insurance Underwriter II having 8 years or more experience are expected to earn about $81,155 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter II | $72,510 |
| Intermediate Level Insurance Underwriter II | $72,747 |
| Senior Level Insurance Underwriter II | $75,110 |
| Specialist Level Insurance Underwriter II | $79,428 |
| Expert Level Insurance Underwriter II | $81,155 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 5% |
| Experienced | 7% |
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| Skill | Salary | Demand |
|---|---|---|
|
Credit Administration
|
$85,880 |
13%
|
|
Bank Secrecy Act
|
$83,600 |
10%
|
|
Collective Bargaining
|
$83,600 |
10%
|
|
Financial Accounting
|
$82,840 |
9%
|
|
Due Diligence
|
$80,560 |
6%
|
|
Credit Analysis
|
$79,800 |
5%
|
