SalaryNode

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.
2024 Market Data

Salary Overview

$93,790

The average Insurance Underwriters in Manchester-Nashua, NH earns+3.2%above the national average.

BreakdownBased on 40h/week
Hourly

$45.1

Weekly

$1,804

Monthly

$7,816

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.