What are the main factors that influence an Associate Broker/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 Associate Broker/Underwriter?

The Financial Services industry offers the highest average compensation for Associate Broker/Underwriter roles, with salaries approximately 30% above the market median.

How does experience change An Associate Broker/Underwriter's salary?

An Associate Broker/Underwriter's salary grows with experience: starting around $55,143 for beginners, reaching about $84,465 at mid-level, and approach $125,029 for experts.

What are the highest paying states for an Associate Broker/Underwriter?

Associate Broker/Underwriter salary varies significantly by state. The top 3 highest paying states for Associate Broker/Underwriter roles are District of Columbia $67,486, California $67,230, Massachusetts $66,334. These tech hubs typically pay 10-15% above the national average.

Associate Broker/Underwriter Salary in New Mexico

How much does an Associate Broker/Underwriter make in New Mexico? As of August 01, 2026, the average salary for an Associate Broker/Underwriter in New Mexico is $56,454 per year, which breaks down to an hourly rate of $27.

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

Top Earners (90th percentile): $68,475
Majority Range (25th-75th percentile): $50,511 to $62,746
Entry-Level (10th percentile): $45,100

10% $45,100

50% (Median) $56,454

90% $68,475

Associate Broker/Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$62,746	$5,229	$1,207	$30
Average	$56,454	$4,704	$1,086	$27
25th Percentile	$50,511	$4,209	$971	$24

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

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Key Factors That Influence Associate Broker/Underwriter Salaries

An Associate Broker/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 Associate Broker/Underwriter Salaries?

Experience is a primary driver of an Associate Broker/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): $55,143
Early Career (1-2 years): $64,971
Mid-Level (2-4 years): $84,465
Senior-Level (5-8 years): $106,856
Expert (over 8 years): $125,029

Job Role	Years of Experience	Average Salary
Associate Broker/Underwriter	less than 1 year	$55,143
Underwriter II - Life	1-2 years	$64,971
Underwriter III - Life	2-4 years	$84,465
Underwriting Supervisor - Life	5-8 years	$106,856
Underwriting Manager - Life	over 8 years	$125,029

How Do Associate Broker/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 Associate Broker/Underwriters. For example, consider the average annual salaries in these key locations:

District of Columbia: $67,486.
California: $67,230.
Massachusetts: $66,334.

District of Columbia $67,486 California $67,230 Massachusetts $66,334 Washington $66,090 New Jersey $66,066 Alaska $65,981 Connecticut $65,139 New York $64,798

Hawaii $63,707 Rhode Island $63,195 Maryland $62,848 Minnesota $62,372 Colorado $62,189 Illinois $62,128 Oregon $61,897 Delaware $61,726

New Hampshire $61,619 Virginia $61,379 Pennsylvania $60,678 Nevada $60,324 North Dakota $60,208 Michigan $60,026 Wisconsin $59,958 Vermont $59,824

Texas $59,453 Maine $59,428 Arizona $59,392 Ohio $59,349 Georgia $58,788 Indiana $58,508 Wyoming $58,453 Utah $58,368

Iowa $58,331 Kansas $58,038 Louisiana $57,953 North Carolina $57,923 Missouri $57,910 Florida $57,673 Montana $57,545 Nebraska $57,423

Kentucky $57,356 South Carolina $57,112 Tennessee $56,960 Idaho $56,899 New Mexico $56,454 Oklahoma $56,356 Alabama $55,997 South Dakota $55,393

Arkansas $55,064 West Virginia $54,887 Mississippi $54,357

Top Paying Cities for Associate Broker/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: $57,055
Belen: $56,737
Bernalillo: $57,156

Algodones, NM $57,055

Belen, NM $56,737

Bernalillo, NM $57,156

Bluewater, NM $55,956

Bosque, NM $56,320

Casa Blanca, NM $56,448

Cedar Crest, NM $57,203

Cedarvale, NM $54,960

Cerrillos, NM $57,096

Claunch, NM $54,757

Coyote, NM $56,255

Cuba, NM $56,165

Cubero, NM $56,573

Edgewood, NM $56,948

Estancia, NM $56,269

Gallina, NM $55,961

Counselor, NM $55,995

Grants, NM $55,892

Milan, NM $56,115

Isleta, NM $57,254

Jarales, NM $56,682

Jemez Pueblo, NM $56,780

Jemez Springs, NM $56,606

Laguna, NM $56,849

La Jara, NM $56,102

La Joya, NM $55,972

Lindrith, NM $55,905

Los Lunas, NM $57,038

Mcintosh, NM $56,579

Pueblo Of Acoma, NM $56,202

Moriarty, NM $56,389

Mountainair, NM $55,780

Nageezi, NM $55,921

New Laguna, NM $56,545

Paguate, NM $56,584

Pena Blanca, NM $57,216

Peralta, NM $57,128

Placitas, NM $57,157

Ponderosa, NM $56,709

Prewitt, NM $55,939

Regina, NM $55,978

Sandia Park, NM $57,060

Corrales, NM $57,275

San Fidel, NM $56,240

San Rafael, NM $56,001

Santo Domingo Pueblo, NM $57,060

San Ysidro, NM $56,983

Stanley, NM $56,381

Tijeras, NM $57,067

Tome, NM $56,961

Torreon, NM $56,772

Veguita, NM $56,316

Willard, NM $55,680

Youngsville, NM $56,271

Bosque Farms, NM $57,233

Clines Corners, NM $56,040

Cochiti Pueblo, NM $57,103

Cochiti Lake, NM $57,178

Albuquerque, NM $57,307

Kirtland Afb, NM $57,307

Rio Rancho, NM $57,213

Gallup, NM $56,020

Brimhall, NM $55,861

Church Rock, NM $55,887

Continental Divide, NM $55,848

Crownpoint, NM $55,894

Fence Lake, NM $55,645

Fort Wingate, NM $55,868

Gamerco, NM $55,962

Mentmore, NM $55,875

Mexican Springs, NM $55,869

Ramah, NM $55,766

Rehoboth, NM $55,906

Thoreau, NM $55,909

Tohatchi, NM $55,858

Vanderwagen, NM $55,869

Zuni, NM $55,855

Navajo, NM $55,931

Jamestown, NM $55,792

Pinehill, NM $55,723

Sheep Springs, NM $55,918

Smith Lake, NM $56,126

Yatahey, NM $55,898

Farmington, NM $56,167

Aztec, NM $56,270

Blanco, NM $56,008

Bloomfield, NM $55,941

Flora Vista, NM $56,225

Fruitland, NM $55,873

Kirtland, NM $56,225

La Plata, NM $56,245

Navajo Dam, NM $56,220

Shiprock, NM $56,142

Waterflow, NM $56,114

Newcomb, NM $55,884

Sanostee, NM $55,919

Santa Fe, NM $57,600

Abiquiu, NM $56,024

Alcalde, NM $57,000

Amalia, NM $55,939

Arroyo Hondo, NM $55,860

Arroyo Seco, NM $55,925

Canjilon, NM $55,851

Canones, NM $56,360

Carson, NM $56,074

Cebolla, NM $55,884

Cerro, NM $55,900

Chama, NM $56,129

Chamisal, NM $56,849

Chimayo, NM $57,248

Cordova, NM $57,151

Costilla, NM $56,173

Taos Ski Valley, NM $55,747

Dixon, NM $56,794

Dulce, NM $56,128

El Prado, NM $55,974

El Rito, NM $56,231

Embudo, NM $56,503

Espanola, NM $57,178

Glorieta, NM $57,378

Hernandez, NM $56,647

Ilfeld, NM $56,848

La Madera, NM $56,132

Lamy, NM $57,159

Llano, NM $56,734

Los Alamos, NM $57,294

White Rock, NM $57,402

Medanales, NM $56,710

Ojo Caliente, NM $56,376

Los Ojos, NM $55,991

Pecos, NM $57,199

Penasco, NM $56,523

Petaca, NM $55,799

Questa, NM $55,959

Ranchos De Taos, NM $56,254

Red River, NM $55,800

Ribera, NM $56,159

Rowe, NM $56,902

San Cristobal, NM $55,798

San Jose, NM $56,762

Ohkay Owingeh, NM $57,039

Santa Cruz, NM $57,228

Serafina, NM $56,017

Taos, NM $55,942

Tererro, NM $57,382

Tesuque, NM $57,600

Tierra Amarilla, NM $55,942

Trampas, NM $56,476

Tres Piedras, NM $55,784

Truchas, NM $56,991

Vadito, NM $56,448

Valdez, NM $55,840

Vallecitos, NM $55,796

Velarde, NM $56,709

Villanueva, NM $56,050

Spaceport City, NM $54,907

Las Vegas, NM $55,575

Angel Fire, NM $55,739

Anton Chico, NM $55,479

Buena Vista, NM $55,988

Chacon, NM $56,028

Cimarron, NM $55,652

Cleveland, NM $56,425

Eagle Nest, NM $55,694

Guadalupita, NM $55,942

Holman, NM $56,281

La Loma, NM $55,385

Maxwell, NM $55,671

Miami, NM $55,550

Mills, NM $55,353

Montezuma, NM $56,712

Mora, NM $56,504

Mosquero, NM $55,305

Ocate, NM $55,611

Ojo Feliz, NM $55,757

Rainsville, NM $56,001

Raton, NM $55,811

Rociada, NM $56,740

Roy, NM $55,365

Sapello, NM $56,248

Solano, NM $55,297

Springer, NM $55,526

Ute Park, NM $55,678

Valmora, NM $55,528

Wagon Mound, NM $55,464

Watrous, NM $55,547

Socorro, NM $55,418

Aragon, NM $55,586

Datil, NM $55,357

Lemitar, NM $55,676

Luna, NM $55,685

Magdalena, NM $55,361

Pie Town, NM $55,546

Polvadera, NM $55,810

Quemado, NM $55,661

Reserve, NM $55,561

San Acacia, NM $55,902

San Antonio, NM $55,112

Truth Or Consequences, NM $55,100

Arrey, NM $55,091

Caballo, NM $55,129

Derry, NM $54,848

Elephant Butte, NM $55,243

Garfield, NM $54,689

Hatch, NM $53,813

Monticello, NM $55,097

Rincon, NM $53,503

Salem, NM $54,519

Williamsburg, NM $55,169

Winston, NM $55,137

Las Cruces, NM $52,803

White Sands Missile Range, NM $52,976

Santa Teresa, NM $53,361

Playas, NM $55,355

Animas, NM $55,491

Anthony, NM $53,348

Arenas Valley, NM $55,393

Bayard, NM $55,341

Berino, NM $53,106

Buckhorn, NM $55,399

Santa Clara, NM $55,438

Chamberino, NM $53,162

Cliff, NM $55,335

Columbus, NM $55,186

Deming, NM $55,199

Dona Ana, NM $52,805

Fairacres, NM $52,962

Faywood, NM $55,173

Fort Bayard, NM $55,385

Gila, NM $55,253

Glenwood, NM $55,296

Hachita, NM $55,186

Hanover, NM $55,198

Hillsboro, NM $55,085

Hurley, NM $55,304

La Mesa, NM $53,813

Lordsburg, NM $55,314

Mesilla, NM $52,804

Mesilla Park, NM $52,809

Mesquite, NM $52,855

Mimbres, NM $55,241

Mule Creek, NM $55,391

Organ, NM $52,837

Pinos Altos, NM $55,333

Radium Springs, NM $52,825

Redrock, NM $55,193

Rodeo, NM $55,561

San Miguel, NM $52,834

Silver City, NM $55,334

Sunland Park, NM $53,077

Tyrone, NM $55,498

Vado, NM $52,876

Chaparral, NM $53,543

Clovis, NM $55,228

Cannon Afb, NM $55,106

Broadview, NM $55,067

Causey, NM $54,973

Crossroads, NM $54,842

Dora, NM $55,103

Elida, NM $54,874

Floyd, NM $55,008

Fort Sumner, NM $54,963

Grady, NM $55,120

House, NM $55,076

Kenna, NM $54,875

Lingo, NM $54,969

Melrose, NM $55,085

Milnesand, NM $54,853

Pep, NM $54,928

Portales, NM $55,129

Rogers, NM $54,943

Saint Vrain, NM $55,120

Taiban, NM $54,945

Texico, NM $55,141

Yeso, NM $54,745

Roswell, NM $54,809

Artesia, NM $54,917

Caprock, NM $54,806

Carlsbad, NM $54,953

Dexter, NM $54,848

Eunice, NM $55,002

Hagerman, NM $54,875

Hobbs, NM $55,082

Hope, NM $54,674

Jal, NM $54,937

Lake Arthur, NM $54,784

Lakewood, NM $54,866

Loco Hills, NM $54,967

Loving, NM $54,939

Lovington, NM $55,029

Mcdonald, NM $54,879

Malaga, NM $54,885

Maljamar, NM $54,832

Monument, NM $54,961

Tatum, NM $54,915

Whites City, NM $55,007

Carrizozo, NM $54,549

Alamogordo, NM $54,375

Alto, NM $54,557

Bent, NM $54,386

Capitan, NM $54,430

Cloudcroft, NM $54,380

Corona, NM $54,786

Encino, NM $55,226

Fort Stanton, NM $54,453

Glencoe, NM $54,414

High Rolls Mountain Park, NM $54,369

Holloman Air Force Base, NM $54,369

Hondo, NM $54,464

La Luz, NM $54,369

Lincoln, NM $54,306

Mayhill, NM $54,492

Mescalero, NM $54,394

Nogal, NM $54,627

Orogrande, NM $54,397

Picacho, NM $54,453

Pinon, NM $54,657

Ruidoso, NM $54,661

Ruidoso Downs, NM $54,586

Sacramento, NM $54,418

San Patricio, NM $54,483

Sunspot, NM $54,369

Timberon, NM $54,487

Tinnie, NM $54,421

Tularosa, NM $54,405

Vaughn, NM $55,004

Weed, NM $54,486

Tucumcari, NM $55,277

Amistad, NM $55,205

Bard, NM $55,117

Capulin, NM $55,741

Clayton, NM $55,313

Conchas Dam, NM $55,363

Cuervo, NM $55,096

Des Moines, NM $55,521

Folsom, NM $55,607

Garita, NM $55,257

Gladstone, NM $55,368

Grenville, NM $55,357

Logan, NM $55,275

Mcalister, NM $55,104

Nara Visa, NM $55,144

Newkirk, NM $55,205

Quay, NM $55,237

San Jon, NM $55,177

Santa Rosa, NM $55,237

Sedan, NM $55,256

Trementina, NM $55,254

Associate Broker/Underwriter Salary by Industry: Top Paying Sectors

For Associate Broker/Underwriter roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 30% above the average. In contrast, Associate Broker/Underwriter positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Associate Broker/Underwriter as a support function rather than a direct revenue driver.

The top paying industries for an Associate Broker/Underwriter

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$73,390	$35.0	30%
Healthcare	$67,744	$33.0	20%

Associate Broker/Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Associate Broker/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.

$50,511

Average $56,454/year

$62,746

$4,209

Average $4,704/month

$5,229

$971

Average $1,086/week

$1,207

$24

Average $27/hour

$30

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$62,746	$5,229	$1,207	$30
Average	$56,454	$4,704	$1,086	$27
25th Percentile	$50,511	$4,209	$971	$24

Find Your Next Associate Broker/Underwriter Job

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

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