Insurance Underwriter salary in Trenton-Princeton, NJ
Insurance Underwriters in the Trenton-Princeton, NJ metro area earn a median of $96,730 a year ($46.51 an hour), based on BLS data for 200 workers.
Pay ranges from $64,850 for the lowest-paid 10% to $153,030 for the top 10%. That is 19% higher than the national median of $81,370. Pay here is 1% higher than the New Jersey statewide median of $96,220. There are 0.82 insurance underwriters per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $101,670, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Trenton-Princeton, NJ
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $64,850 | $31.18 |
| 25th percentile | $77,890 | $37.45 |
| Median | $96,730 | $46.51 |
| 75th percentile | $127,610 | $61.35 |
| 90th percentile (top earners) | $153,030 | $73.57 |
| Average (mean) | $101,670 | $48.88 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,060.83 |
| Semi-monthly (24 a year) | $4,030.42 |
| Biweekly (26 a year) | $3,720.38 |
| Weekly | $1,860.19 |
| Hourly | $46.51 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $96,730 salary, see how much house you can afford in New Jersey at today's mortgage rates, or work out a payment with the mortgage calculator.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $98,410 | 6,740 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $84,580 | 2,590 |
| Allentown-Bethlehem-Easton, PA-NJ | $80,690 | 130 |
| Atlantic City-Hammonton, NJ | $79,070 | 60 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the New Jersey statewide figures.
Related jobs in Trenton-Princeton, NJ
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $99,550 | $47.86 |
| Personal Financial Advisor | $129,130 | $62.08 |
| Financial Specialists, All Other | $92,670 | $44.55 |
| Financial and Investment Analysts | $101,280 | $48.69 |
| Loan Officer | $90,430 | $43.48 |
| Tax Examiners and Collectors, and Revenue Agents | $83,110 | $39.96 |
| Budget Analyst | $88,530 | $42.56 |
| Financial Examiner | $96,520 | $46.41 |
| Credit Analyst | $100,190 | $48.17 |
| Financial Risk Specialist | $124,340 | $59.78 |
| Property Appraisers and Assessors | $98,950 | $47.57 |
| Business Operations Specialists, All Other | $89,370 | $42.97 |
| Management Analyst | $102,020 | $49.05 |
| Compliance Officer | $87,970 | $42.29 |
More: Business and Financial Operations Occupations · all salaries in Trenton-Princeton, NJ
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Trenton-Princeton, NJ?
The median salary for insurance underwriters in the Trenton-Princeton, NJ metro area is $96,730 a year, or $46.51 an hour. Pay ranges from $64,850 for the lowest-paid 10% to $153,030 for the top 10%.
How much do the highest-paid insurance underwriters make in Trenton-Princeton, NJ?
The top 10% of insurance underwriters in the Trenton-Princeton, NJ metro area earn at least $153,030 a year. The top 25% earn $127,610 or more.
What is the starting pay for insurance underwriters in Trenton-Princeton, NJ?
Entry-level pay (the 10th percentile) is about $64,850 a year, and a quarter of insurance underwriters earn $77,890 or less.
How many insurance underwriters work in Trenton-Princeton, NJ?
About 200 insurance underwriters are employed in the Trenton-Princeton, NJ metro area, not counting the self-employed.