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Graduate Underwriter Salary in New York

How much does a Graduate Underwriter make in New York? As of September 01, 2026, the average salary for a Graduate Underwriter in New York is $76,831 per year, which breaks down to an hourly rate of $37.

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

  • Top Earners (90th percentile): $86,484
  • Majority Range (25th-75th percentile): $71,046 to $81,884
  • Entry-Level (10th percentile): $65,780
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Graduate Underwriter Job Openings in New York

Key Factors That Influence Graduate Underwriter Salaries

A Graduate 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 Graduate Underwriter Salaries?

Experience is a primary driver of a Graduate 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): $64,315
  • Early Career (1-2 years): $75,778
  • Mid-Level (2-4 years): $98,513
  • Senior-Level (5-8 years): $115,076
  • Expert (over 8 years): $141,802
Job RoleYears of ExperienceAverage Salary
Underwriter I less than 1 year $64,315
Graduate Underwriter 1-2 years $75,778
Underwriter III 2-4 years $98,513
Underwriter IV 5-8 years $115,076
Underwriter V over 8 years $141,802

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

  • District of Columbia: $80,018.
  • California: $79,715.
  • Massachusetts: $78,652.

Top Paying Cities for Graduate 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:

  • Holtsville: $79,296
  • Brentwood: $79,163
  • Brightwaters: $78,458

Graduate Underwriter Salary by Industry: Top Paying Sectors

For Graduate 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, Graduate Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Graduate Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Graduate Underwriter

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance $99,880 $48.0 30%
Financial Services $92,197 $44.0 20%
Healthcare $84,514 $41.0 10%

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

Understanding how a Graduate 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
$71,046
Average $76,831/year
$81,884
$5,921
Average $6,403/month
$6,824
$1,366
Average $1,478/week
$1,575
$34
Average $37/hour
$39
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $81,884 $6,824 $1,575 $39
Average $76,831 $6,403 $1,478 $37
25th Percentile $71,046 $5,921 $1,366 $34

Find Your Next Graduate Underwriter Job

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

  • Zillow | CAMAS VALLEY, OR

    Mortgage Loan Underwriter

    Zillow | CAMAS VALLEY, OR

    Zillow seeks a Mortgage Loan Underwriter to assess residential mortgage applications within our real estate, rental, and leasing ecosystem. You will analyz... more

    4 Days Ago

  • Zurich Insurance Company Ltd. | SCHILLER PARK, IL

    Underwriter OR Underwriting Specialist

    Zurich Insurance Company Ltd. | SCHILLER PARK, IL

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

    4 Days Ago

  • Zurich Insurance Company Ltd. | LOS ANGELES, CA

    Executive Underwriter Construction Casualty

    Zurich Insurance Company Ltd. | LOS ANGELES, CA

    Zurich Insurance Company Ltd. seeks an Executive Underwriter, Construction Casualty to lead underwriting for complex construction risks. You will assess ex... more

    4 Days Ago

  • Zurich Insurance Company Ltd. | ADDISON, TX

    Underwriter Construction Casualty

    Zurich Insurance Company Ltd. | ADDISON, TX

    Zurich Insurance Company Ltd. is hiring an Underwriter, Construction Casualty to profitably grow a portfolio of construction liability accounts. You will e... more

    4 Days Ago

  • Zurich Insurance Company Ltd. | LENEXA, KS

    Executive Underwriter AVP Underwriting Director

    Zurich Insurance Company Ltd. | LENEXA, KS

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

    4 Days Ago

  • Zurich Insurance Company Ltd. | BOSTON, MA

    Executive Underwriter or AVP Underwriting Director

    Zurich Insurance Company Ltd. | BOSTON, MA

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

    4 Days Ago

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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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