What are the main factors that influence a Group 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 Group Underwriter?

The Telecom industry offers the highest average compensation for Group Underwriter roles, with salaries approximately 10% above the market median.

How does experience change A Group Underwriter's salary?

A Group Underwriter's salary grows with experience: starting around $59,325 for beginners, reaching about $81,082 at mid-level, and approach $106,604 for experts.

What are the highest paying states for a Group Underwriter?

Group Underwriter salary varies significantly by state. The top 3 highest paying states for Group Underwriter roles are District of Columbia $72,590, California $72,315, Massachusetts $71,351. These tech hubs typically pay 10-15% above the national average.

How much do different types of Group Underwriter roles make?

Salaries for Group Underwriter level roles vary by specialization: Underwriter V: $133,429; Underwriter IV: $108,280; Group Insurance Underwriter III: $94,900; Group Underwriter III: $91,881; Senior Group Underwriter: $91,816.

Group Underwriter Salary in New Mexico

How much does a Group Underwriter make in New Mexico? As of August 01, 2026, the average salary for a Group Underwriter in New Mexico is $60,723 per year, which breaks down to an hourly rate of $29.

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

Top Earners (90th percentile): $73,547
Majority Range (25th-75th percentile): $56,071 to $67,436
Entry-Level (10th percentile): $51,834

10% $51,834

50% (Median) $60,723

90% $73,547

Group Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,436	$5,620	$1,297	$32
Average	$60,723	$5,060	$1,168	$29
25th Percentile	$56,071	$4,673	$1,078	$27

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

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Key Factors That Influence Group Underwriter Salaries

A Group 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 Group Underwriter Salaries?

Experience is a primary driver of a Group 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): $59,325
Early Career (1-2 years): $72,225
Mid-Level (2-4 years): $81,082
Senior-Level (5-8 years): $103,370
Expert (over 8 years): $106,604

Job Role	Years of Experience	Average Salary
Group Underwriter	less than 1 year	$59,325
Budget Analyst II	1-2 years	$72,225
Budget Analyst III	2-4 years	$81,082
Budget Analyst IV	5-8 years	$103,370
Budgeting Supervisor	over 8 years	$106,604

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

District of Columbia: $72,590.
California: $72,315.
Massachusetts: $71,351.

District of Columbia $72,590 California $72,315 Massachusetts $71,351 Washington $71,089 New Jersey $71,063 Alaska $70,971 Connecticut $70,066 New York $69,699

Hawaii $68,525 Rhode Island $67,975 Maryland $67,601 Minnesota $67,089 Colorado $66,893 Illinois $66,827 Oregon $66,578 Delaware $66,395

New Hampshire $66,279 Virginia $66,021 Pennsylvania $65,267 Nevada $64,887 North Dakota $64,762 Michigan $64,565 Wisconsin $64,493 Vermont $64,349

Texas $63,949 Maine $63,923 Arizona $63,884 Ohio $63,838 Georgia $63,234 Indiana $62,933 Wyoming $62,874 Utah $62,782

Iowa $62,743 Kansas $62,428 Louisiana $62,336 North Carolina $62,303 Missouri $62,290 Florida $62,035 Montana $61,897 Nebraska $61,766

Kentucky $61,694 South Carolina $61,432 Tennessee $61,268 Idaho $61,202 New Mexico $60,723 Oklahoma $60,619 Alabama $60,232 South Dakota $59,583

Arkansas $59,229 West Virginia $59,038 Mississippi $58,468

Top Paying Cities for Group 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: $61,370
Belen: $61,028
Bernalillo: $61,479

Algodones, NM $61,370

Belen, NM $61,028

Bernalillo, NM $61,479

Bluewater, NM $60,188

Bosque, NM $60,580

Casa Blanca, NM $60,717

Cedar Crest, NM $61,530

Cedarvale, NM $59,117

Cerrillos, NM $61,414

Claunch, NM $58,898

Coyote, NM $60,510

Cuba, NM $60,413

Cubero, NM $60,851

Edgewood, NM $61,255

Estancia, NM $60,525

Gallina, NM $60,193

Counselor, NM $60,230

Grants, NM $60,119

Milan, NM $60,360

Isleta, NM $61,584

Jarales, NM $60,969

Jemez Pueblo, NM $61,075

Jemez Springs, NM $60,887

Laguna, NM $61,149

La Jara, NM $60,345

La Joya, NM $60,205

Lindrith, NM $60,133

Los Lunas, NM $61,352

Mcintosh, NM $60,858

Pueblo Of Acoma, NM $60,453

Moriarty, NM $60,653

Mountainair, NM $59,999

Nageezi, NM $60,150

New Laguna, NM $60,822

Paguate, NM $60,863

Pena Blanca, NM $61,543

Peralta, NM $61,449

Placitas, NM $61,480

Ponderosa, NM $60,997

Prewitt, NM $60,169

Regina, NM $60,211

Sandia Park, NM $61,375

Corrales, NM $61,607

San Fidel, NM $60,494

San Rafael, NM $60,236

Santo Domingo Pueblo, NM $61,376

San Ysidro, NM $61,293

Stanley, NM $60,645

Tijeras, NM $61,383

Tome, NM $61,270

Torreon, NM $61,066

Veguita, NM $60,575

Willard, NM $59,891

Youngsville, NM $60,527

Bosque Farms, NM $61,561

Clines Corners, NM $60,278

Cochiti Pueblo, NM $61,422

Cochiti Lake, NM $61,502

Albuquerque, NM $61,641

Kirtland Afb, NM $61,641

Rio Rancho, NM $61,540

Gallup, NM $60,257

Brimhall, NM $60,086

Church Rock, NM $60,114

Continental Divide, NM $60,072

Crownpoint, NM $60,122

Fence Lake, NM $59,853

Fort Wingate, NM $60,093

Gamerco, NM $60,194

Mentmore, NM $60,101

Mexican Springs, NM $60,094

Ramah, NM $59,984

Rehoboth, NM $60,134

Thoreau, NM $60,137

Tohatchi, NM $60,082

Vanderwagen, NM $60,094

Zuni, NM $60,080

Navajo, NM $60,162

Jamestown, NM $60,012

Pinehill, NM $59,937

Sheep Springs, NM $60,147

Smith Lake, NM $60,371

Yatahey, NM $60,126

Farmington, NM $60,415

Aztec, NM $60,526

Blanco, NM $60,244

Bloomfield, NM $60,172

Flora Vista, NM $60,477

Fruitland, NM $60,099

Kirtland, NM $60,478

La Plata, NM $60,499

Navajo Dam, NM $60,472

Shiprock, NM $60,388

Waterflow, NM $60,358

Newcomb, NM $60,110

Sanostee, NM $60,148

Santa Fe, NM $61,956

Abiquiu, NM $60,261

Alcalde, NM $61,311

Amalia, NM $60,169

Arroyo Hondo, NM $60,085

Arroyo Seco, NM $60,154

Canjilon, NM $60,075

Canones, NM $60,622

Carson, NM $60,315

Cebolla, NM $60,110

Cerro, NM $60,128

Chama, NM $60,374

Chamisal, NM $61,148

Chimayo, NM $61,578

Cordova, NM $61,473

Costilla, NM $60,422

Taos Ski Valley, NM $59,964

Dixon, NM $61,090

Dulce, NM $60,373

El Prado, NM $60,207

El Rito, NM $60,483

Embudo, NM $60,776

Espanola, NM $61,503

Glorieta, NM $61,717

Hernandez, NM $60,931

Ilfeld, NM $61,148

La Madera, NM $60,377

Lamy, NM $61,482

Llano, NM $61,024

Los Alamos, NM $61,628

White Rock, NM $61,744

Medanales, NM $60,999

Ojo Caliente, NM $60,640

Los Ojos, NM $60,226

Pecos, NM $61,525

Penasco, NM $60,798

Petaca, NM $60,019

Questa, NM $60,192

Ranchos De Taos, NM $60,509

Red River, NM $60,020

Ribera, NM $60,406

Rowe, NM $61,205

San Cristobal, NM $60,018

San Jose, NM $61,055

Ohkay Owingeh, NM $61,353

Santa Cruz, NM $61,557

Serafina, NM $60,253

Taos, NM $60,173

Tererro, NM $61,722

Tesuque, NM $61,956

Tierra Amarilla, NM $60,173

Trampas, NM $60,748

Tres Piedras, NM $60,003

Truchas, NM $61,302

Vadito, NM $60,718

Valdez, NM $60,063

Vallecitos, NM $60,016

Velarde, NM $60,997

Villanueva, NM $60,289

Spaceport City, NM $59,060

Las Vegas, NM $59,778

Angel Fire, NM $59,954

Anton Chico, NM $59,674

Buena Vista, NM $60,223

Chacon, NM $60,265

Cimarron, NM $59,861

Cleveland, NM $60,693

Eagle Nest, NM $59,906

Guadalupita, NM $60,173

Holman, NM $60,538

La Loma, NM $59,574

Maxwell, NM $59,881

Miami, NM $59,752

Mills, NM $59,539

Montezuma, NM $61,001

Mora, NM $60,778

Mosquero, NM $59,488

Ocate, NM $59,817

Ojo Feliz, NM $59,974

Rainsville, NM $60,237

Raton, NM $60,032

Rociada, NM $61,032

Roy, NM $59,552

Sapello, NM $60,502

Solano, NM $59,480

Springer, NM $59,726

Ute Park, NM $59,889

Valmora, NM $59,728

Wagon Mound, NM $59,659

Watrous, NM $59,748

Socorro, NM $59,610

Aragon, NM $59,790

Datil, NM $59,543

Lemitar, NM $59,887

Luna, NM $59,896

Magdalena, NM $59,548

Pie Town, NM $59,747

Polvadera, NM $60,031

Quemado, NM $59,870

Reserve, NM $59,763

San Acacia, NM $60,130

San Antonio, NM $59,280

Truth Or Consequences, NM $59,267

Arrey, NM $59,257

Caballo, NM $59,298

Derry, NM $58,997

Elephant Butte, NM $59,421

Garfield, NM $58,825

Hatch, NM $57,883

Monticello, NM $59,264

Rincon, NM $57,550

Salem, NM $58,642

Williamsburg, NM $59,342

Winston, NM $59,307

Las Cruces, NM $56,796

White Sands Missile Range, NM $56,982

Santa Teresa, NM $57,397

Playas, NM $59,541

Animas, NM $59,688

Anthony, NM $57,383

Arenas Valley, NM $59,582

Bayard, NM $59,527

Berino, NM $57,123

Buckhorn, NM $59,589

Santa Clara, NM $59,631

Chamberino, NM $57,182

Cliff, NM $59,520

Columbus, NM $59,360

Deming, NM $59,374

Dona Ana, NM $56,798

Fairacres, NM $56,968

Faywood, NM $59,346

Fort Bayard, NM $59,574

Gila, NM $59,432

Glenwood, NM $59,478

Hachita, NM $59,360

Hanover, NM $59,372

Hillsboro, NM $59,251

Hurley, NM $59,487

La Mesa, NM $57,883

Lordsburg, NM $59,497

Mesilla, NM $56,798

Mesilla Park, NM $56,803

Mesquite, NM $56,852

Mimbres, NM $59,419

Mule Creek, NM $59,580

Organ, NM $56,833

Pinos Altos, NM $59,518

Radium Springs, NM $56,821

Redrock, NM $59,367

Rodeo, NM $59,763

San Miguel, NM $56,830

Silver City, NM $59,519

Sunland Park, NM $57,091

Tyrone, NM $59,695

Vado, NM $56,875

Chaparral, NM $57,592

Clovis, NM $59,405

Cannon Afb, NM $59,274

Broadview, NM $59,232

Causey, NM $59,130

Crossroads, NM $58,990

Dora, NM $59,271

Elida, NM $59,025

Floyd, NM $59,168

Fort Sumner, NM $59,120

Grady, NM $59,288

House, NM $59,241

Kenna, NM $59,025

Lingo, NM $59,126

Melrose, NM $59,251

Milnesand, NM $59,002

Pep, NM $59,082

Portales, NM $59,299

Rogers, NM $59,099

Saint Vrain, NM $59,289

Taiban, NM $59,100

Texico, NM $59,312

Yeso, NM $58,886

Roswell, NM $58,954

Artesia, NM $59,071

Caprock, NM $58,951

Carlsbad, NM $59,109

Dexter, NM $58,996

Eunice, NM $59,162

Hagerman, NM $59,025

Hobbs, NM $59,248

Hope, NM $58,809

Jal, NM $59,092

Lake Arthur, NM $58,928

Lakewood, NM $59,016

Loco Hills, NM $59,124

Loving, NM $59,094

Lovington, NM $59,191

Mcdonald, NM $59,030

Malaga, NM $59,037

Maljamar, NM $58,979

Monument, NM $59,118

Tatum, NM $59,068

Whites City, NM $59,167

Carrizozo, NM $58,675

Alamogordo, NM $58,488

Alto, NM $58,683

Bent, NM $58,499

Capitan, NM $58,547

Cloudcroft, NM $58,492

Corona, NM $58,930

Encino, NM $59,403

Fort Stanton, NM $58,572

Glencoe, NM $58,530

High Rolls Mountain Park, NM $58,481

Holloman Air Force Base, NM $58,481

Hondo, NM $58,583

La Luz, NM $58,481

Lincoln, NM $58,413

Mayhill, NM $58,614

Mescalero, NM $58,507

Nogal, NM $58,759

Orogrande, NM $58,511

Picacho, NM $58,571

Pinon, NM $58,791

Ruidoso, NM $58,795

Ruidoso Downs, NM $58,715

Sacramento, NM $58,534

San Patricio, NM $58,603

Sunspot, NM $58,481

Timberon, NM $58,608

Tinnie, NM $58,537

Tularosa, NM $58,520

Vaughn, NM $59,164

Weed, NM $58,606

Tucumcari, NM $59,457

Amistad, NM $59,381

Bard, NM $59,286

Capulin, NM $59,957

Clayton, NM $59,496

Conchas Dam, NM $59,550

Cuervo, NM $59,263

Des Moines, NM $59,720

Folsom, NM $59,813

Garita, NM $59,436

Gladstone, NM $59,555

Grenville, NM $59,544

Logan, NM $59,455

Mcalister, NM $59,271

Nara Visa, NM $59,315

Newkirk, NM $59,380

Quay, NM $59,414

San Jon, NM $59,351

Santa Rosa, NM $59,414

Sedan, NM $59,435

Trementina, NM $59,433

Group Underwriter Salary by Industry: Top Paying Sectors

For Group 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 Telecom and Retail & Wholesale sectors offer the strongest compensation, at 10% above the average. In contrast, Group Underwriter positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view Group Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Group Underwriter

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Telecom	$66,796	$32.0	10%
Retail & Wholesale	$66,189	$32.0	9%
MFG Nondurable	$65,581	$32.0	8%
Media	$64,974	$31.0	7%
Insurance	$64,367	$31.0	6%

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

Understanding how a Group 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.

$56,071

Average $60,723/year

$67,436

$4,673

Average $5,060/month

$5,620

$1,078

Average $1,168/week

$1,297

$27

Average $29/hour

$32

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,436	$5,620	$1,297	$32
Average	$60,723	$5,060	$1,168	$29
25th Percentile	$56,071	$4,673	$1,078	$27

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Group Underwriter Salary in New Mexico

Check out Group Underwriter Job Openings in New Mexico

Key Factors That Influence Group Underwriter Salaries

How Experience Level Affects Group Underwriter Salaries?

How Do Group Underwriter Salaries Vary from State to State?

Top Paying Cities for Group Underwriter

Group Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for a Group Underwriter

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

Find Your Next Group Underwriter Job

For Employees

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Where Does Our Salary Data Come From?

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Group Underwriter Salary in New Mexico

Check out Group Underwriter Job Openings in New Mexico

Key Factors That Influence Group Underwriter Salaries

How Experience Level Affects Group Underwriter Salaries?

How Do Group Underwriter Salaries Vary from State to State?

Top Paying Cities for Group Underwriter

Group Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for a Group Underwriter

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

Salaries of jobs related to Group Underwriter

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