As of March 01, 2025, the average annual salary for a Life Insurance Underwriting Supervisor in Newark, NJ is $124,400. According to Salary.com, salaries can range from a low of $106,633 to a high of $142,167, with most professionals earning between $115,100 and $133,700.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $133,700 | $11,142 | $2,571 | $64 |
| Average | $124,400 | $10,367 | $2,392 | $60 |
| 25th Percentile | $115,100 | $9,592 | $2,213 | $55 |
An entry-level Life Insurance Underwriting Supervisor with under 1 year experience makes about $120,913. With less than 2 years of experience, a mid-level Life Insurance Underwriting Supervisor makes around $121,333. After 2-4 years, the Life Insurance Underwriting Supervisor pay rises to about $122,733. Those senior Life Insurance Underwriting Supervisor with 5-8 years of experience earn roughly $124,413, and those Life Insurance Underwriting Supervisor having 8 years or more experience are expected to earn about $126,764 on average.
| Levels | Salary |
|---|---|
| Entry Level Life Insurance Underwriting Supervisor | $120,913 |
| Intermediate Level Life Insurance Underwriting Supervisor | $121,333 |
| Senior Level Life Insurance Underwriting Supervisor | $122,733 |
| Specialist Level Life Insurance Underwriting Supervisor | $124,413 |
| Expert Level Life Insurance Underwriting Supervisor | $126,764 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 0% |
| Experienced | 2% |
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