How Much Does a Business Underwriter Make in Connecticut?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Underwriter in Connecticut is $64,894. While Salary.com is seeing that Business Underwriter salary in CT can go up to $74,604 or down to $46,333, but most earn between $55,178 and $69,977. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Underwriter
Small Business Underwriter
$67,840
Connecticut
Per Year
Business Loan Underwriter
$68,749
Connecticut
Per Year
Business Banking Underwriter
$66,628
Connecticut
Per Year
Underwriter IV
$114,517
Connecticut
Per Year
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Similar Job Salaries to Business Underwriter by Company

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Company average base salary in (usd) range
Selective Insurance
Underwriter
$79,440/yr
$72,267
$86,612
RANGE: $72,267 - $86,612
JCW Resourcing
Senior Underwriter
$97,573/yr
$88,570
$106,575
RANGE: $88,570 - $106,575
Diedre Moire Corp.
Insurance Underwriter
$86,130/yr
$78,150
$94,109
RANGE: $78,150 - $94,109
Engbrecht Agency
Field Underwriter
$125,604/yr
$108,363
$142,844
RANGE: $108,363 - $142,844
TruCapital Partners
Casualty Underwriter
$83,870/yr
$76,105
$91,636
RANGE: $76,105 - $91,636
Jimcor Agency Inc.
Underwriter, CT
$74,043/yr
$66,973
$81,113
RANGE: $66,973 - $81,113
WELLS FARGO BANK
Lead Equipment Finance Underwriter
$90,966/yr
$82,977
$98,954
RANGE: $82,977 - $98,954
NLC Insurance
Personal Lines Underwriter
$73,426/yr
$66,415
$80,438
RANGE: $66,415 - $80,438

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Top 10 Highest Paying Cities For Business Underwriter Jobs in Connecticut

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Underwriter job salaries in Connecticut. Some cities can pay higher salaries for Business Underwriter jobs, which can indicate that there is a large demand for Business Underwriter positions in this city.
The following table shows top 10 cities where the Business Underwriter salary is higher than other cities in Connecticut. Stamford takes first place in this list, followed by Norwalk, Greenwich. The Business Underwriter salary is $69,217 in Stamford, which is higher than the national average. There are 21 cities' Business Underwriter salary higher than national average in Connecticut.
The average salary for a Business Underwriter in Connecticut is $64,894, but we found that the city with the highest salary for Business Underwriter jobs is Stamford, CT, and it is higher than Norwalk. Business Underwriter jobs in Stamford can have the opportunity to earn higher salaries than in other cities in Connecticut.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Stamford $69,217 $5,768 $1,331 $33
Norwalk $69,217 $5,768 $1,331 $33
Greenwich $69,217 $5,768 $1,331 $33
Bridgeport $68,641 $5,720 $1,320 $33
Fairfield $68,641 $5,720 $1,320 $33
Milford $68,641 $5,720 $1,320 $33
Stratford $68,641 $5,720 $1,320 $33
Danbury $66,412 $5,534 $1,277 $32
New Haven $64,955 $5,413 $1,249 $31
Hamden $64,955 $5,413 $1,249 $31

What Does a Business Underwriter Do?

In general, underwriters are tasked with determining the level of the risk involved in a transaction or other kind of business decision.
Updated December 15, 2021
The purpose of this position is to provide support to underwriter(s) in producing, servicing and analyzing risks of new and renewal business.
Updated December 03, 2021

Frequently Asked Questions About a Business Underwriter Salaries

What is the average of a Business Underwriter in Connecticut?

The Business Underwriter salary range is from $55,178 to $69,977, and the average Business Underwriter salary is $64,894/year in Connecticut. The Business Underwriter's salary will change in different locations.

Which location pays the highest Business Underwriter salary in the United States?

The Business Underwriter salary in San Jose, CA is $76,589 which is the highest in the US.

What kinds of reasons will influence the Business Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Underwriter.

What is the growth rate of the Business Underwriter's salary?

If you are thinking of becoming a Business Underwriter or planning the next step in your career, find the detailed salary report of a Business Underwriter.