Average Insurance Underwriters Salary in Manchester-Nashua, NH
The average salary for a Insurance Underwriters in Manchester-Nashua, NH is $93,790. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $93,790 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,180.
- Outlook: The current demand for Insurance Underwriterss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Manchester-Nashua, NH economy.
Salary Overview
The average Insurance Underwriters in Manchester-Nashua, NH earns+3.2%above the national average.
$45.1
$1,804
$7,816
Insurance Underwriters Salary Trends (2020-2024)
Historical trend data for Insurance Underwriters in Manchester-Nashua, NH is limited, but current market signals indicate a stable demand environment.
Insurance Underwriters Salary Distribution in Manchester-Nashua, NH
The earning potential for Insurance Underwriterss in Manchester-Nashua, NH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $54,330, while highly experienced professionals can command wages upwards of $151,180.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,330 | $26.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,343 | $33.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,020 | $39.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $117,238 | $56.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $151,180 | $72.7 |
Detailed Insurance Underwriters Market Analysis
Relocation Context
Nominal Salary
$93,790
Gross Pay
Real Wage (Purchasing Power)
$93,790
Adjusted for COL (100)
In Manchester-Nashua, NH, the Cost of Living Index is 100. This increases your effective purchasing power from $93,790 to $93,790.
Job Market Context
80
Total Jobs
0.404
Per 1K Jobs
0.58
Location Quotient
Manchester-Nashua, NH has 0.58x the national average concentration of Insurance Underwriters jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
80 people work as Insurance Underwriters in Manchester-Nashua, NH.
Only 0.404 out of every 1,000 local jobs are Insurance Underwriters roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Insurance Underwriters
| City | Salary | Dist. |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH Insurance Underwriters Salary | $106,300↑ 13% | 50 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Insurance Underwriterss?
Frequently Asked Questions
How much does a Insurance Underwriters make in Manchester-Nashua, NH?
The median annual salary for a Insurance Underwriters in Manchester-Nashua, NH is $93,790. This typically ranges from $54,330 for entry-level positions to $151,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 3.2% higher than the national median of $90,920.
Is Manchester-Nashua, NH a good place for Insurance Underwriterss?
Yes, Manchester-Nashua, NH is financially attractive for Insurance Underwriterss. The average salary of $93,790 exceeds the national average. See distinct detailed breakdown below.
Is Manchester-Nashua, NH a good place to live for Insurance Underwriters?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Boston-Cambridge-Newton, MA-NH ($106,300) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Manchester-Nashua, NH area with a job density of 0.404 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Underwriters • Data source: BLS OEWS 2024 •Jobs in Manchester-Nashua, NH