What is the highest and lowest pay for Property and Casualty Underwriter?

As of October 01, 2024, the average annual pay of Property and Casualty Underwriter in Troy, NY is $75,162. While Salary.com is seeing that the highest pay for Property and Casualty Underwriter in Troy, NY can go up to $96,746 and the lowest down to $59,533, but most earn between $66,982 and $86,460. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Property and Casualty Underwriter in the United States.

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What is a Property and Casualty Underwriter?

A Property and Casualty Underwriter is responsible for evaluating and assessing insurance applications for property and casualty coverage, such as home, auto, and business insurance. They analyze risk factors, review policy terms and conditions, and determine appropriate coverage and premium rates. Underwriters also collaborate with insurance agents and brokers to gather necessary information and make informed decisions about policy approvals or rejections. Additionally, they may be involved in developing underwriting guidelines, monitoring industry trends, and ensuring compliance with regulatory requirements. Strong analytical skills, attention to detail, and a thorough understanding of insurance principles are essential for success in this role.

See user submitted job responsibilities for Property and Casualty Underwriter.

Job Openings for Property and Casualty Underwriter in Troy, NY
Berkley Accident and Health (a Berkley Company) - Town of Southeast , NY
Berkley Corporation, is one of the largest and best managed property/casualty insurers in the ... Claims, Sales, Underwriters, Client Representatives, and Brokers * Serve as a subject matter ...
LinkedIn - 19 days ago
Berkley Accident and Health (a Berkley Company) - Hamilton Square , NJ
Berkley Corporation, is one of the largest and best managed property/casualty insurers in the ... Claims, Sales, Underwriters, Client Representatives, and Brokers * Serve as a subject matter ...
LinkedIn - 19 days ago
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How much should you be earning in Property and Casualty Underwriter in Troy, NY based on your current experience?
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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
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LEVEL OF EDUCATION

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Average Base Salary

Core compensation

 
 
 
66982
86460
75162

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
70417
91886
78970
What is the average salary for Property and Casualty Underwriter in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Property and Casualty Underwriter in Troy, NY. The base salary for Property and Casualty Underwriter ranges from $66,982 to $86,460 with the average base salary of $75,162. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,417 to $91,886 with the average total cash compensation of $78,970.
Average Salary Average Salary Range
Base Salary $75,162 $66,982 - $86,460
Bonus $3,808 $3,435 - $5,426
Total Pay $78,970 $70,417 - $91,886
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
CITY, STATE AVERAGE SALARY RANGE COMPARE TO Troy, NY
CITY, STATE Nassau, NY AVERAGE SALARY RANGE $72,616 - $93,733 COMPARE TO Troy, NY
CITY, STATE Albany, NY AVERAGE SALARY RANGE $67,034 - $86,528 COMPARE TO Troy, NY
CITY, STATE Schenectady, NY AVERAGE SALARY RANGE $66,871 - $86,317 COMPARE TO Troy, NY
CITY, STATE Bennington, VT AVERAGE SALARY RANGE $66,797 - $86,222 COMPARE TO Troy, NY
CITY, STATE Pittsfield, MA AVERAGE SALARY RANGE $67,435 - $87,046 COMPARE TO Troy, NY
CITY, STATE Westfield, MA AVERAGE SALARY RANGE $69,013 - $89,082 COMPARE TO Troy, NY
See salaries for Property and Casualty Underwriter in locations close to Troy, NY. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Property Casualty Insurance Underwriter IV LOCATION Troy, NY MINIMUM SALARY $92,100 MAXIMUM SALARY $122,100
JOB TITLE Property Casualty Insurance Underwriter III LOCATION Troy, NY MINIMUM SALARY $84,200 MAXIMUM SALARY $111,400
JOB TITLE Property Casualty Insurance Underwriter I LOCATION Troy, NY MINIMUM SALARY $57,120 MAXIMUM SALARY $71,710
JOB TITLE Property Casualty Insurance Underwriter II LOCATION Troy, NY MINIMUM SALARY $66,260 MAXIMUM SALARY $85,470
JOB TITLE Top Property Casualty Underwriting Executive LOCATION Troy, NY MINIMUM SALARY $232,935 MAXIMUM SALARY $305,431
JOB TITLE Property Casualty Underwriting Supervisor LOCATION Troy, NY MINIMUM SALARY $101,653 MAXIMUM SALARY $127,358
The Property and Casualty Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Troy, NY that might be a good fit for the type of job and salary you are looking for.

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66982
86460

 

About Troy, New York    Troy is a city in the U.S. state of New York and the seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on th....More

Troy, New York  area prices were up 1.5% from a year ago

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