How much does an Underwriter V make in Passaic, NJ?
As of April 01, 2025, the average annual salary for an Underwriter V in Passaic, NJ is $152,486. According to Salary.com, salaries can range from a low of $121,445 to a high of $185,798, with most professionals earning between $136,238 and $169,923.
How much does an Underwriter V make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Underwriter V salary data based on specialized databases to help you get a fairer salary.
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Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$148,742 |
$12,395 |
$2,860 |
$72 |
Average |
$133,479 |
$11,123 |
$2,567 |
$64 |
25th Percentile |
$119,256 |
$9,938 |
$2,293 |
$57 |
Last Updated on April 01, 2025
How Does Experience Level Affect an Underwriter V's Salary?
An entry-level Underwriter V with under 1 year experience makes about $145,939.
With less than 2 years of experience, a mid-level Underwriter V makes around $147,151.
After 2-4 years, the Underwriter V pay rises to about $147,636.
Those senior Underwriter V with 5-8 years of experience earn roughly $150,061, and those Underwriter V having 8 years or more experience are expected to earn about $152,001 on average.
Levels |
Salary |
Entry Level Underwriter V
|
$145,939
|
Intermediate Level Underwriter V
|
$147,151
|
Senior Level Underwriter V
|
$147,636
|
Specialist Level Underwriter V
|
$150,061
|
Expert Level Underwriter V
|
$152,001
|
$145,939
0 yr
$147,151
< 2 yrs
$147,636
2-4 yrs
$150,061
5-8 yrs
$152,001
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
9%
|
Mid Level
|
10%
|
Senior Level
|
11%
|
Top Level
|
12%
|
Experienced
|
14%
|
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Last Updated on April 01, 2025