How much does an Advanced Underwriter make in New Mexico? As of September 01, 2026, the average salary for an Advanced Underwriter in New Mexico is $61,910 per year, which breaks down to an hourly rate of $30.

However, an Advanced Underwriter's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $84,952
  • Majority Range (25th-75th percentile): $54,700 to $73,971
  • Entry-Level (10th percentile): $48,135

Key Factors That Influence Advanced Underwriter Salaries

An Advanced Underwriter'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 and company size can directly affect your earning potential.

How Experience Level Affects Advanced Underwriter Salaries?

Experience is a primary driver of an Advanced Underwriter'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): $40,323
  • Early Career (1-2 years): $49,111
  • Mid-Level (2-4 years): $59,398
  • Senior-Level (5-8 years): $59,232
  • Expert (over 8 years): $73,726
Job RoleYears of ExperienceAverage Salary
Contact Center Representative II - Outbound less than 1 year $40,323
Contact Center Representative III - Outbound 1-2 years $49,111
Advanced Underwriter 2-4 years $59,398
Outbound Contact Center Supervisor 5-8 years $59,232
Outbound Contact Center Senior Supervisor over 8 years $73,726

Top Paying Cities for Advanced Underwriter

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:

  • Algodones: $62,569
  • Belen: $62,221
  • Bernalillo: $62,680

Advanced Underwriter Salary by Industry: Top Paying Sectors

For Advanced Underwriter roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 10% above the average. In contrast, Advanced Underwriter positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Advanced Underwriter as a support function rather than a direct revenue driver.

The top paying industries for an Advanced Underwriter

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense $68,101 $33.0 10%
Biotechnology $68,101 $33.0 10%
Energy & Utilities $68,101 $33.0 10%
Financial Services $68,101 $33.0 10%
Healthcare $68,101 $33.0 10%

Advanced Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Advanced Underwriter'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$54,700
Average $61,910/year
$73,971
$4,558
Average $5,159/month
$6,164
$1,052
Average $1,191/week
$1,423
$26
Average $30/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $73,971 $6,164 $1,423 $36
Average $61,910 $5,159 $1,191 $30
25th Percentile $54,700 $4,558 $1,052 $26

Find Your Next Advanced Underwriter Job

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

  • Reliance Savings Bank | ALTOONA, PA

    Reliance Savings Bank | ALTOONA, PA

    Description. Build Your Banking Career with Reliance Bank. Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underw... more

    21 Days Ago

  • Civista Bank | PITTSBURGH, PA

    Civista Bank | PITTSBURGH, PA

    Civista Bank. Description. Position Purpose. With limited supervision, the Credit Underwriter – Leasing, will perform credit analysis, lease presentations ... more

    11 Days Ago

  • FM | NORWOOD, MA

    FM | NORWOOD, MA

    FM seeks a Staff Vice President Construction Underwriter to lead strategy and performance for a national construction portfolio. This executive role owns r... more

    7 Days Ago

  • Zurich Insurance Company Ltd. | LOS ANGELES, CA

    Zurich Insurance Company Ltd. | LOS ANGELES, CA

    Zurich Insurance Company Ltd. seeks an Executive Underwriter or AVP, Underwriting Director to lead complex commercial insurance underwriting within our Ins... more

    7 Days Ago

  • Zurich Insurance Company Ltd. | ADDISON, TX

    Zurich Insurance Company Ltd. | ADDISON, TX

    Zurich Insurance Company Ltd. seeks an Executive Underwriter or AVP Underwriting Director to lead complex commercial underwriting within our Insurance depa... more

    7 Days Ago

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