As of April 01, 2025, the average annual salary for an Underwriter (P/C) IV in Passaic, NJ is $122,425. According to Salary.com, salaries can range from a low of $109,215 to a high of $143,668, with most professionals earning between $115,510 and $133,544.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $133,544 | $11,129 | $2,568 | $64 |
| Average | $122,425 | $10,202 | $2,354 | $59 |
| 25th Percentile | $115,510 | $9,626 | $2,221 | $56 |
An entry-level Underwriter (P/C) IV with under 1 year experience makes about $119,329. With less than 2 years of experience, a mid-level Underwriter (P/C) IV makes around $119,845. After 2-4 years, the Underwriter (P/C) IV pay rises to about $120,671. Those senior Underwriter (P/C) IV with 5-8 years of experience earn roughly $121,703, and those Underwriter (P/C) IV having 8 years or more experience are expected to earn about $124,085 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter (P/C) IV | $119,329 |
| Intermediate Level Underwriter (P/C) IV | $119,845 |
| Senior Level Underwriter (P/C) IV | $120,671 |
| Specialist Level Underwriter (P/C) IV | $121,703 |
| Expert Level Underwriter (P/C) IV | $124,085 |
| Entry Level | 11% |
| Mid Level | 12% |
| Senior Level | 13% |
| Top Level | 14% |
| Experienced | 16% |
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