Underwriting Analyst Salary in Penns Grove, NJ

How much does an Underwriting Analyst make in Penns Grove, NJ?

As of August 01, 2026, the average salary for an Underwriting Analyst in Penns Grove, NJ is $54,820 per year, which breaks down to an hourly rate of $26.

However, an Underwriting Analyst's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $65,245
  • Majority Range (25th-75th percentile): $48,813 to $60,277
  • Entry-Level (10th percentile): $43,344
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View as table View as graph 25% $48,813 10% $43,344 90% $65,245 75% $60,277 $54,820 50%(Median) Didn’t find job title? Click

Underwriting Analyst Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $60,277 $5,023 $1,159 $29
Average $54,820 $4,568 $1,054 $26
25th Percentile $48,813 $4,068 $939 $23
Check out Underwriting Analyst Job Openings in Penns Grove, NJ
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Key Factors That Influence Underwriting Analyst Salaries

An Underwriting Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects Underwriting Analyst Salaries?

Experience is a primary driver of an Underwriting Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $54,419
  • Early Career (1-2 years): $105,118
  • Mid-Level (2-4 years): $120,322
  • Senior-Level (5-8 years): $163,996
  • Expert (over 8 years): $197,837
Levels Salary
Underwrit... Level Underwriting Analyst$54,419
Underwrit... Level Underwriting Analyst$105,118
Underwrit... Level Underwriting Analyst$120,322
Underwrit... Level Underwriting Analyst$163,996
Underwrit... Level Underwriting Analyst$197,837
$54,419 0 yr
$105,118 < 2 yrs
$120,322 2-4 yrs
$163,996 5-8 yrs
$197,837 > 8 yrs
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What Am I Worth?

Top Paying Cities for Underwriting Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $68,295
  • San Francisco: $67,547
  • Oakland: $66,124

What Skills Can Increase an Underwriting Analyst's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 5.59% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Data Entry (Mentioned in 1.73% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
  • Accounting (Mentioned in 0.97% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
See More Skills
Skills Demand Percentage
Customer Service 5.59%
Data Entry 1.73%
Accounting 0.97%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Underwriting Analyst's salary.
  • Aviation: Can increase your salary by up to 11%.
  • Accountability: Can increase your salary by up to 7%.
  • Initiative: Can increase your salary by up to 6%.
Skill Salary Salary % Increase
Aviation
$60,850
11%
Accountability
$58,657
7%
Initiative
$58,109
6%
Communicates Effectively
$57,561
5%
Time Management
$57,561
5%
Analytical Skills
$57,561
5%
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Underwriting Analyst Salary by Industry: Top Paying Sectors

For Underwriting Analyst roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Underwriting Analyst positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Underwriting Analyst as a support function rather than a direct revenue driver.

The top paying industries for an Underwriting Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Healthcare$76,748$37.040%
Financial Services$71,266$34.030%
Insurance$60,302$29.010%

Underwriting Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Find Your Next Underwriting Analyst Job

Ready to take the next step in your career? Browse thousands of current Underwriting Analyst job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Applegreen US

    Penns Grove, NJ

    Applegreen US | Penns Grove, NJ

    General Manager QSRWhat We DoAt Applegreen, we Refresh Travelers on their Journey. Applegreen USA operates over 80 travel plazas across the Northeast and M... more

    3 Days Ago

  • Amazon Delivery Service Partner

    Penns Grove, NJ

    Amazon Delivery Service Partner | Penns Grove, NJ

    Full-Time Package Delivery DriversPRTM Logistics is looking for Full-Time Package Delivery Drivers to join our high-performing team. We offer full-time wor... more

    3 Days Ago

  • Quince

    Penns Grove, NJ

    Quince | Penns Grove, NJ

    Warehouse Associate - Night ShiftFounded in 2018, Quince was built to challenge the idea that nice things have to cost a lot. Our mission is simple:to make... more

    3 Days Ago

  • Penns Grove High School

    Penns Grove, NJ

    Penns Grove High School | Penns Grove, NJ

    Classroom Aide. Associate degree desired. however, classroom aides who are employed through Title I funding shall possess a high school diploma together wi... more

    3 Days Ago

  • Staff DNA

    Penns Grove, NJ

    Staff DNA | Penns Grove, NJ

    Physical Therapist Assistant. Travel Profession: Physical Therapist Assistant. Specialty: Rehab. Shift: 08:00 AM - 04:00 PM. Start Date: 07/16/2026. End Da... more

    3 Days Ago

  • TGL Medstaff

    Penns Grove, NJ

    TGL Medstaff | Penns Grove, NJ

    Therapy - Physical Therapist Assistant. Weekly Pay: $780 - $1251. Shift: 8 hour days. Start Date: 07/24/2026. End Date: 07/23/2027. Duration: 52 Week(s). C... more

    3 Days Ago

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