What are the main factors that influence an Agency Underwriter's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Agency Underwriter?

The Insurance industry offers the highest average compensation for Agency Underwriter roles, with salaries approximately 30% above the market median.

How does experience change An Agency Underwriter's salary?

An Agency Underwriter's salary grows with experience: starting around $56,606 for beginners, reaching about $86,703 at mid-level, and approach $124,805 for experts.

What are the highest paying states for an Agency Underwriter?

Agency Underwriter salary varies significantly by state. The top 3 highest paying states for Agency Underwriter roles are District of Columbia $80,835, California $80,529, Massachusetts $79,455. These tech hubs typically pay 10-15% above the national average.

How much do different types of Agency Underwriter roles make?

Salaries for Agency Underwriter level roles vary by specialization: Agency Director: $205,931; Agency Manager: $134,920; Underwriter V: $133,429; Agency Estate Planning Advisory Services Director: $128,300; Underwriter IV: $108,280.

Agency Underwriter Salary in New Mexico

How much does an Agency Underwriter make in New Mexico? As of August 01, 2026, the average salary for an Agency Underwriter in New Mexico is $67,621 per year, which breaks down to an hourly rate of $33.

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

Top Earners (90th percentile): $76,112
Majority Range (25th-75th percentile): $62,531 to $72,065
Entry-Level (10th percentile): $57,898

10% $57,898

50% (Median) $67,621

90% $76,112

Agency Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$72,065	$6,005	$1,386	$35
Average	$67,621	$5,635	$1,300	$33
25th Percentile	$62,531	$5,211	$1,203	$30

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Export& Agency Finance LatAm Focus

Santander Holdings USA Inc – FRANKLIN D ROOSEVELT, NY

Analyst Associate Export& Agency Finance LatAm Focus

Santander Holdings USA Inc – FRANKLIN D ROOSEVELT, NY

Underwriter

Zurich Insurance Company Ltd. – SCHILLER PARK, IL

Executive Underwriter

Zurich Insurance Company Ltd. – BOLINAS, CA

Key Factors That Influence Agency Underwriter Salaries

An Agency 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 Agency Underwriter Salaries?

Experience is a primary driver of an Agency 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): $56,606
Early Career (1-2 years): $66,695
Mid-Level (2-4 years): $86,703
Senior-Level (5-8 years): $101,282
Expert (over 8 years): $124,805

Job Role	Years of Experience	Average Salary
Underwriter I	less than 1 year	$56,606
Agency Underwriter	1-2 years	$66,695
Underwriter III	2-4 years	$86,703
Underwriter IV	5-8 years	$101,282
Underwriter V	over 8 years	$124,805

How Do Agency Underwriter Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Agency Underwriters. For example, consider the average annual salaries in these key locations:

District of Columbia: $80,835.
California: $80,529.
Massachusetts: $79,455.

District of Columbia $80,835 California $80,529 Massachusetts $79,455 Washington $79,163 New Jersey $79,134 Alaska $79,032 Connecticut $78,024 New York $77,616

Hawaii $76,309 Rhode Island $75,695 Maryland $75,279 Minnesota $74,710 Colorado $74,491 Illinois $74,418 Oregon $74,140 Delaware $73,936

New Hampshire $73,807 Virginia $73,520 Pennsylvania $72,680 Nevada $72,257 North Dakota $72,118 Michigan $71,899 Wisconsin $71,819 Vermont $71,658

Texas $71,213 Maine $71,183 Arizona $71,140 Ohio $71,089 Georgia $70,417 Indiana $70,081 Wyoming $70,015 Utah $69,913

Iowa $69,869 Kansas $69,519 Louisiana $69,417 North Carolina $69,380 Missouri $69,366 Florida $69,081 Montana $68,928 Nebraska $68,781

Kentucky $68,701 South Carolina $68,409 Tennessee $68,227 Idaho $68,154 New Mexico $67,621 Oklahoma $67,504 Alabama $67,073 South Dakota $66,350

Arkansas $65,956 West Virginia $65,744 Mississippi $65,109

Top Paying Cities for Agency 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: $68,341
Belen: $67,960
Bernalillo: $68,462

Algodones, NM $68,341

Belen, NM $67,960

Bernalillo, NM $68,462

Bluewater, NM $67,024

Bosque, NM $67,461

Casa Blanca, NM $67,613

Cedar Crest, NM $68,519

Cedarvale, NM $65,832

Cerrillos, NM $68,390

Claunch, NM $65,588

Coyote, NM $67,383

Cuba, NM $67,275

Cubero, NM $67,763

Edgewood, NM $68,213

Estancia, NM $67,399

Gallina, NM $67,030

Counselor, NM $67,072

Grants, NM $66,948

Milan, NM $67,215

Isleta, NM $68,579

Jarales, NM $67,894

Jemez Pueblo, NM $68,012

Jemez Springs, NM $67,802

Laguna, NM $68,094

La Jara, NM $67,199

La Joya, NM $67,044

Lindrith, NM $66,963

Los Lunas, NM $68,320

Mcintosh, NM $67,770

Pueblo Of Acoma, NM $67,319

Moriarty, NM $67,543

Mountainair, NM $66,814

Nageezi, NM $66,983

New Laguna, NM $67,730

Paguate, NM $67,776

Pena Blanca, NM $68,533

Peralta, NM $68,428

Placitas, NM $68,463

Ponderosa, NM $67,926

Prewitt, NM $67,004

Regina, NM $67,050

Sandia Park, NM $68,346

Corrales, NM $68,604

San Fidel, NM $67,365

San Rafael, NM $67,078

Santo Domingo Pueblo, NM $68,347

San Ysidro, NM $68,255

Stanley, NM $67,533

Tijeras, NM $68,355

Tome, NM $68,229

Torreon, NM $68,002

Veguita, NM $67,456

Willard, NM $66,693

Youngsville, NM $67,402

Bosque Farms, NM $68,554

Clines Corners, NM $67,125

Cochiti Pueblo, NM $68,399

Cochiti Lake, NM $68,488

Albuquerque, NM $68,643

Kirtland Afb, NM $68,643

Rio Rancho, NM $68,530

Gallup, NM $67,101

Brimhall, NM $66,911

Church Rock, NM $66,942

Continental Divide, NM $66,895

Crownpoint, NM $66,950

Fence Lake, NM $66,652

Fort Wingate, NM $66,919

Gamerco, NM $67,031

Mentmore, NM $66,928

Mexican Springs, NM $66,920

Ramah, NM $66,797

Rehoboth, NM $66,964

Thoreau, NM $66,968

Tohatchi, NM $66,907

Vanderwagen, NM $66,920

Zuni, NM $66,904

Navajo, NM $66,995

Jamestown, NM $66,829

Pinehill, NM $66,745

Sheep Springs, NM $66,979

Smith Lake, NM $67,229

Yatahey, NM $66,955

Farmington, NM $67,277

Aztec, NM $67,401

Blanco, NM $67,086

Bloomfield, NM $67,007

Flora Vista, NM $67,346

Fruitland, NM $66,925

Kirtland, NM $67,347

La Plata, NM $67,371

Navajo Dam, NM $67,341

Shiprock, NM $67,248

Waterflow, NM $67,213

Newcomb, NM $66,938

Sanostee, NM $66,980

Santa Fe, NM $68,993

Abiquiu, NM $67,106

Alcalde, NM $68,275

Amalia, NM $67,004

Arroyo Hondo, NM $66,910

Arroyo Seco, NM $66,987

Canjilon, NM $66,899

Canones, NM $67,508

Carson, NM $67,166

Cebolla, NM $66,938

Cerro, NM $66,958

Chama, NM $67,232

Chamisal, NM $68,094

Chimayo, NM $68,572

Cordova, NM $68,456

Costilla, NM $67,285

Taos Ski Valley, NM $66,774

Dixon, NM $68,029

Dulce, NM $67,230

El Prado, NM $67,046

El Rito, NM $67,353

Embudo, NM $67,679

Espanola, NM $68,489

Glorieta, NM $68,727

Hernandez, NM $67,852

Ilfeld, NM $68,093

La Madera, NM $67,235

Lamy, NM $68,465

Llano, NM $67,956

Los Alamos, NM $68,627

White Rock, NM $68,757

Medanales, NM $67,927

Ojo Caliente, NM $67,528

Los Ojos, NM $67,067

Pecos, NM $68,514

Penasco, NM $67,703

Petaca, NM $66,837

Questa, NM $67,029

Ranchos De Taos, NM $67,382

Red River, NM $66,837

Ribera, NM $67,267

Rowe, NM $68,157

San Cristobal, NM $66,835

San Jose, NM $67,989

Ohkay Owingeh, NM $68,322

Santa Cruz, NM $68,549

Serafina, NM $67,097

Taos, NM $67,007

Tererro, NM $68,733

Tesuque, NM $68,993

Tierra Amarilla, NM $67,007

Trampas, NM $67,648

Tres Piedras, NM $66,818

Truchas, NM $68,265

Vadito, NM $67,614

Valdez, NM $66,885

Vallecitos, NM $66,833

Velarde, NM $67,926

Villanueva, NM $67,137

Spaceport City, NM $65,768

Las Vegas, NM $66,568

Angel Fire, NM $66,764

Anton Chico, NM $66,453

Buena Vista, NM $67,063

Chacon, NM $67,110

Cimarron, NM $66,660

Cleveland, NM $67,586

Eagle Nest, NM $66,710

Guadalupita, NM $67,007

Holman, NM $67,414

La Loma, NM $66,341

Maxwell, NM $66,682

Miami, NM $66,539

Mills, NM $66,302

Montezuma, NM $67,929

Mora, NM $67,681

Mosquero, NM $66,244

Ocate, NM $66,611

Ojo Feliz, NM $66,786

Rainsville, NM $67,079

Raton, NM $66,850

Rociada, NM $67,964

Roy, NM $66,317

Sapello, NM $67,374

Solano, NM $66,236

Springer, NM $66,509

Ute Park, NM $66,691

Valmora, NM $66,512

Wagon Mound, NM $66,436

Watrous, NM $66,534

Socorro, NM $66,380

Aragon, NM $66,581

Datil, NM $66,307

Lemitar, NM $66,689

Luna, NM $66,699

Magdalena, NM $66,312

Pie Town, NM $66,533

Polvadera, NM $66,850

Quemado, NM $66,671

Reserve, NM $66,551

San Acacia, NM $66,960

San Antonio, NM $66,013

Truth Or Consequences, NM $65,999

Arrey, NM $65,988

Caballo, NM $66,033

Derry, NM $65,698

Elephant Butte, NM $66,171

Garfield, NM $65,507

Hatch, NM $64,457

Monticello, NM $65,995

Rincon, NM $64,086

Salem, NM $65,303

Williamsburg, NM $66,082

Winston, NM $66,044

Las Cruces, NM $63,247

White Sands Missile Range, NM $63,455

Santa Teresa, NM $63,916

Playas, NM $66,304

Animas, NM $66,467

Anthony, NM $63,901

Arenas Valley, NM $66,350

Bayard, NM $66,288

Berino, NM $63,611

Buckhorn, NM $66,357

Santa Clara, NM $66,404

Chamberino, NM $63,677

Cliff, NM $66,280

Columbus, NM $66,102

Deming, NM $66,117

Dona Ana, NM $63,250

Fairacres, NM $63,439

Faywood, NM $66,087

Fort Bayard, NM $66,341

Gila, NM $66,182

Glenwood, NM $66,234

Hachita, NM $66,102

Hanover, NM $66,116

Hillsboro, NM $65,981

Hurley, NM $66,244

La Mesa, NM $64,457

Lordsburg, NM $66,255

Mesilla, NM $63,249

Mesilla Park, NM $63,255

Mesquite, NM $63,309

Mimbres, NM $66,169

Mule Creek, NM $66,347

Organ, NM $63,288

Pinos Altos, NM $66,279

Radium Springs, NM $63,274

Redrock, NM $66,110

Rodeo, NM $66,551

San Miguel, NM $63,285

Silver City, NM $66,279

Sunland Park, NM $63,576

Tyrone, NM $66,476

Vado, NM $63,335

Chaparral, NM $64,134

Clovis, NM $66,152

Cannon Afb, NM $66,006

Broadview, NM $65,960

Causey, NM $65,847

Crossroads, NM $65,690

Dora, NM $66,003

Elida, NM $65,729

Floyd, NM $65,889

Fort Sumner, NM $65,836

Grady, NM $66,022

House, NM $65,970

Kenna, NM $65,730

Lingo, NM $65,842

Melrose, NM $65,981

Milnesand, NM $65,703

Pep, NM $65,793

Portales, NM $66,034

Rogers, NM $65,812

Saint Vrain, NM $66,023

Taiban, NM $65,813

Texico, NM $66,049

Yeso, NM $65,574

Roswell, NM $65,650

Artesia, NM $65,780

Caprock, NM $65,647

Carlsbad, NM $65,823

Dexter, NM $65,697

Eunice, NM $65,882

Hagerman, NM $65,730

Hobbs, NM $65,978

Hope, NM $65,489

Jal, NM $65,804

Lake Arthur, NM $65,621

Lakewood, NM $65,719

Loco Hills, NM $65,840

Loving, NM $65,806

Lovington, NM $65,914

Mcdonald, NM $65,735

Malaga, NM $65,742

Maljamar, NM $65,678

Monument, NM $65,833

Tatum, NM $65,777

Whites City, NM $65,887

Carrizozo, NM $65,339

Alamogordo, NM $65,131

Alto, NM $65,349

Bent, NM $65,143

Capitan, NM $65,197

Cloudcroft, NM $65,136

Corona, NM $65,623

Encino, NM $66,150

Fort Stanton, NM $65,225

Glencoe, NM $65,178

High Rolls Mountain Park, NM $65,124

Holloman Air Force Base, NM $65,124

Hondo, NM $65,238

La Luz, NM $65,124

Lincoln, NM $65,048

Mayhill, NM $65,271

Mescalero, NM $65,153

Nogal, NM $65,433

Orogrande, NM $65,157

Picacho, NM $65,224

Pinon, NM $65,469

Ruidoso, NM $65,473

Ruidoso Downs, NM $65,384

Sacramento, NM $65,182

San Patricio, NM $65,260

Sunspot, NM $65,124

Timberon, NM $65,265

Tinnie, NM $65,186

Tularosa, NM $65,167

Vaughn, NM $65,884

Weed, NM $65,263

Tucumcari, NM $66,211

Amistad, NM $66,125

Bard, NM $66,020

Capulin, NM $66,767

Clayton, NM $66,254

Conchas Dam, NM $66,314

Cuervo, NM $65,995

Des Moines, NM $66,504

Folsom, NM $66,607

Garita, NM $66,187

Gladstone, NM $66,320

Grenville, NM $66,307

Logan, NM $66,209

Mcalister, NM $66,004

Nara Visa, NM $66,052

Newkirk, NM $66,125

Quay, NM $66,163

San Jon, NM $66,092

Santa Rosa, NM $66,163

Sedan, NM $66,186

Trementina, NM $66,183

Agency Underwriter Salary by Industry: Top Paying Sectors

For Agency Underwriter roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Agency Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Agency Underwriter as a support function rather than a direct revenue driver.

The top paying industries for an Agency Underwriter

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$87,907	$42.0	30%
Financial Services	$81,145	$39.0	20%
Healthcare	$74,383	$36.0	10%

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

Understanding how an Agency 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.

$62,531

Average $67,621/year

$72,065

$5,211

Average $5,635/month

$6,005

$1,203

Average $1,300/week

$1,386

$30

Average $33/hour

$35

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$72,065	$6,005	$1,386	$35
Average	$67,621	$5,635	$1,300	$33
25th Percentile	$62,531	$5,211	$1,203	$30

Find Your Next Agency Underwriter Job

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

Zurich Insurance Company Ltd. | SCHILLER PARK, IL

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Zurich Insurance Company Ltd. | SCHILLER PARK, IL

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Underwriter OR Underwriting Specialist

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Zurich Insurance Company Ltd. is seeking an Underwriter / Underwriting Specialist to join our Banking, Insurance & Investment team. In this role, you will ... more

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

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Zurich Insurance Company Ltd. | SCHILLER PARK, IL

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Agency Underwriter Salary in New Mexico

Check out Agency Underwriter Job Openings in New Mexico

Key Factors That Influence Agency Underwriter Salaries

How Experience Level Affects Agency Underwriter Salaries?

How Do Agency Underwriter Salaries Vary from State to State?

Top Paying Cities for Agency Underwriter

Agency Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for an Agency Underwriter

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

Find Your Next Agency Underwriter Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Agency Underwriter Salary in New Mexico

Check out Agency Underwriter Job Openings in New Mexico

Key Factors That Influence Agency Underwriter Salaries

How Experience Level Affects Agency Underwriter Salaries?

How Do Agency Underwriter Salaries Vary from State to State?

Top Paying Cities for Agency Underwriter

Agency Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for an Agency Underwriter

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

Salaries of jobs related to Agency Underwriter

Find Your Next Agency Underwriter Job

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