Insurance Underwriters in New Mexico
Get the information you need to know about working as an Insurance Underwriter.
- Insurance Underwriters in New Mexico earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in New Mexico?
In 2018, there were 140 Insurance Underwriters working in the state.
There were 180 Insurance Underwriters employed in this state in 2017.
That’s a decline of 40 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means New Mexico has fewer Insurance Underwriters than average.
Job Projections for New Mexico
Jobs for Insurance Underwriters in this state are not projected to grow or decrease, which is better than what is projected nationwide which is a decrease of 5.3%.
New Mexico Annual Job Openings
The BLS is projecting 10 annual Insurance Underwriters job openings in New Mexico, and 140 total jobs in the year 2026.
Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.
What do Insurance Underwriters Make in New Mexico?
In 2018 wages for Insurance Underwriters ranged from $35,510 to $105,030 with $54,430 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $17.07 to $50.5. The median hourly rate was $26.17.
In 2017 the median pay for this field was $29.22 an hour.
The hourly rate declined by $3.05.
The median salary in New Mexico is higher than the nationwide median salary.
Top New Mexico Metros for Insurance Underwriters
The table below shows some of the metros in this state with the most Insurance Underwriters.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Albuquerque, NM | 100 | $50,480 |
Top States for Insurance Underwriters Employment
The table below shows the states where most Insurance Underwriters work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 9,130 | $78,750 |
| New York | 8,430 | $78,420 |
| Texas | 7,560 | $61,240 |
| Georgia | 6,020 | $73,910 |
| Illinois | 5,780 | $70,410 |
| Florida | 4,970 | $63,790 |
| Pennsylvania | 4,640 | $71,070 |
| Ohio | 4,630 | $68,190 |
| New Jersey | 3,190 | $79,930 |
| Connecticut | 2,940 | $70,980 |
| Massachusetts | 2,410 | $76,760 |
| Missouri | 2,320 | $64,660 |
| Wisconsin | 2,260 | $63,490 |
| Virginia | 2,180 | $64,260 |
| North Carolina | 2,010 | $71,570 |
| Iowa | 1,850 | $67,020 |
| Minnesota | 1,620 | $63,820 |
| Washington | 1,610 | $76,110 |
| Arizona | 1,570 | $71,400 |
| Nebraska | 1,530 | $59,960 |
Below are the states where Insurance Underwriters get paid the most:
| State | Annual Median Salary |
|---|---|
| New Hampshire | $80,530 |
| District of Columbia | $80,410 |
| New Jersey | $79,930 |
| California | $78,750 |
| New York | $78,420 |
| Massachusetts | $76,760 |
| Maryland | $76,450 |
| Washington | $76,110 |
| South Dakota | $74,810 |
| Georgia | $73,910 |
Related Careers in NM
Discover similar careers:
| Occupation | NM Employment Total |
|---|
What Major Will Prepare You For an Insurance Underwriter Career?
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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