As of January 01, 2025, the average annual salary for an Underwriter V in New Jersey is $163,579. According to Salary.com, salaries can range from a low of $115,688 to a high of $219,371, with most professionals earning between $138,511 and $192,782.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $175,896 | $14,658 | $3,383 | $85 |
| Average | $149,251 | $12,438 | $2,870 | $72 |
| 25th Percentile | $126,378 | $10,532 | $2,430 | $61 |
An entry-level Underwriter V with under 1 year experience makes about $152,297. With less than 2 years of experience, a mid-level Underwriter V makes around $154,154. After 2-4 years, the Underwriter V pay rises to about $154,896. Those senior Underwriter V with 5-8 years of experience earn roughly $158,609, and those Underwriter V having 8 years or more experience are expected to earn about $161,579 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $152,297 |
| Intermediate Level Underwriter V | $154,154 |
| Senior Level Underwriter V | $154,896 |
| Specialist Level Underwriter V | $158,609 |
| Expert Level Underwriter V | $161,579 |
| Entry Level | 2% |
| Mid Level | 3% |
| Senior Level | 4% |
| Top Level | 6% |
| Experienced | 8% |
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Underwriter V salary varies from city to city. Compared with national average salary of Underwriter V, the highest Underwriter V salary is in San Francisco, CA, where the Underwriter V salary is 25.0% above. The lowest Underwriter V salary is in Miami, FL, where the Underwriter V salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $186,563 |
25.0%
|
| Washington, DC | $166,116 |
11.3%
|
| Miami, FL | $144,027 |
|
| Chicago, IL | $156,564 |
4.9%
|
| Boston, MA | $167,310 |
12.1%
|
| New York, NY | $174,325 |
16.8%
|
