Market Underwriter Salaries in Newark, NJ
How Much Does a Market Underwriter Make in Newark, NJ?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Market Underwriter in Newark, NJ is $109,088.
While Salary.com is seeing that Market Underwriter salary in Newark, NJ can go up to $137,982
or down to $84,288, but most earn between $96,107 and $124,212.
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 Market Underwriter
Commercial Middle Market Underwriter&Portfolio Manager
$140,672
Newark, NJ
Per Year
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Similar Job Salaries to Market Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Zurich North America
Middle Market Underwriter (Property & Casualty)
|
$83,825/yr
|
RANGE: $75,920 - $91,730
|
|
N2G
Sr. Underwriter, Central Zone -Middle Market P&C
|
$91,504/yr
|
RANGE: $83,595 - $99,413
|
|
N2G
Sr. Underwriter, East Zone -Middle Market P&C
|
$91,504/yr
|
RANGE: $83,595 - $99,413
|
|
The Hartford
P&C Middle Market Renewal Center Underwriter
|
$78,027/yr
|
RANGE: $70,576 - $85,477
|
|
Berkley Southeast Insurance Group (a Berkley Company)
Middle Market Underwriter
|
$88,477/yr
|
RANGE: $80,620 - $96,334
|
|
Sentry
Middle Market Underwriter
|
$71,732/yr
|
RANGE: $64,967 - $78,496
|
|
Sompo
Experienced Underwriter, Middle Market
|
$80,748/yr
|
RANGE: $73,133 - $88,363
|
|
Berkley
Middle Market Underwriter
|
$89,738/yr
|
RANGE: $81,769 - $97,708
|
What Does a Market Underwriter Do?
The key economic consideration for an underwriter that is considering bringing a new deal to market is whether the transaction can offer a sufficient return to the equity noteholders.
Updated October 08, 2021
Using the current market value of the home, the underwriter will make sure it serves as ample collateral for the loan.
Updated December 21, 2021
Often, underwriters go on roadshows (called the dog and pony shows – lasting for 3 to 4 weeks) to market the shares to institutional investors and evaluate the demand for the shares.
Updated December 18, 2021
There aren’t insurance options in the market to cover this so the government is stepping up as a type of underwriter,” Stuart Nash said.
Updated December 14, 2021
In addition, the underwriter was generally expected to provide some type of secondary market liquidity for the CDO, especially its more senior tranches.
Updated December 06, 2021
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Explore JobArchitectFrequently Asked Questions About a Market Underwriter Salaries
What is the average of a Market Underwriter in Newark, NJ?
The Market Underwriter salary range is from $96,107 to $124,212, and the average Market Underwriter salary is $109,088/year in Newark, NJ.
The Market Underwriter's salary will change in different locations.
Which location pays the highest Market Underwriter salary in the United States?
The Market Underwriter salary in San Jose, CA is $121,505
which is the highest in the US.
What kinds of reasons will influence the Market 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 Market Underwriter.
What is the growth rate of the Market Underwriter's salary?
If you are thinking of becoming a Market Underwriter or planning the next step in your career, find the detailed salary report of a Market Underwriter.
