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Claims Underwriter Salary in New Jersey

How much does a Claims Underwriter make in New Jersey? As of September 01, 2026, the average salary for a Claims Underwriter in New Jersey is $79,965 per year, which breaks down to an hourly rate of $38.

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

  • Top Earners (90th percentile): $91,665
  • Majority Range (25th-75th percentile): $74,100 to $86,089
  • Entry-Level (10th percentile): $68,761
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Claims Underwriter Job Openings in New Jersey

Key Factors That Influence Claims Underwriter Salaries

A Claims 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 Claims Underwriter Salaries?

Experience is a primary driver of a Claims 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): $76,628
  • Early Career (1-2 years): $76,816
  • Mid-Level (2-4 years): $79,114
  • Senior-Level (5-8 years): $81,496
  • Expert (over 8 years): $81,666
Job RoleYears of ExperienceAverage Salary
Entry Level Claims Underwriter less than 1 year $76,628
Early Career Level Claims Underwriter 1-2 years $76,816
Mid-Level Level Claims Underwriter 2-4 years $79,114
Senior-Level Level Claims Underwriter 5-8 years $81,496
Expert Level Claims Underwriter over 8 years $81,666

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

  • District of Columbia: $81,683.
  • California: $81,374.
  • Massachusetts: $80,289.

Top Paying Cities for Claims 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:

  • Maywood: $83,782
  • Teterboro: $83,814
  • Alpine: $83,781

Claims Underwriter Salary by Industry: Top Paying Sectors

For Claims 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 Energy & Utilities and Insurance sectors offer the strongest compensation, at 30% above the average. In contrast, Claims Underwriter positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Claims Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Claims Underwriter

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities $103,954 $50.0 30%
Insurance $99,956 $48.0 25%
Financial Services $95,957 $46.0 20%
Healthcare $87,961 $42.0 10%

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

Understanding how a Claims 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
$74,100
Average $79,965/year
$86,089
$6,175
Average $6,664/month
$7,174
$1,425
Average $1,538/week
$1,656
$36
Average $38/hour
$41
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $86,089 $7,174 $1,656 $41
Average $79,965 $6,664 $1,538 $38
25th Percentile $74,100 $6,175 $1,425 $36

Find Your Next Claims Underwriter Job

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

  • Reliance Savings Bank | ALTOONA, PA

    Retail Loan Processor Underwriter

    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

    20 Days Ago

  • Civista Bank | PITTSBURGH, PA

    Senior Credit Underwriter

    Civista Bank | PITTSBURGH, PA

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

    10 Days Ago

  • FM | NORWOOD, MA

    Staff Vice President Construction Underwriter

    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

    6 Days Ago

  • Zurich Insurance Company Ltd. | LOS ANGELES, CA

    Executive Underwriter or AVP Underwriting Director

    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

    6 Days Ago

  • Zurich Insurance Company Ltd. | ADDISON, TX

    Executive Underwriter or AVP Underwriting Director

    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

    6 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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