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  1. Home/
  2. Salary/
  3. AI Insurance Underwriting Specialist/
  4. New York

AI Insurance Underwriting Specialist.

New York.

$198,000

median salary, 28% above the national average

$147,000 to $262,000. Updated for 2026.

Get your playbook

The numbers.

Everything you need to negotiate with confidence.

Here is what AI Insurance Underwriting Specialists actually make in New York: $147,000 at the 25th percentile, $198,000 at the median, and $262,000 at the 75th. That is 28% above the national average. New York City remains one of the world's largest and most diverse job markets, with unmatched density in finance, media, and technology. The number on your offer letter will depend on what you bring and how you ask.

Salary range

25th Percentile

$147,000

per year

Median

$198,000

per year

75th Percentile

$262,000

per year

Tap to place your salary

$147,000$262,000

How New York compares

New York, NY

$198,000

Cost of living: 28% above average

National Average

$155,000

New York is $43,000 above

What you should know

Before you negotiate a AI Insurance Underwriting Specialist offer in New York, understand the terrain. New York City remains one of the world's largest and most diverse job markets, with unmatched density in finance, media, and technology. The city's tech sector has grown rapidly, rivaling the Bay Area for venture funding and startup activity. Remote work has reshaped demand slightly, but employers still pay premiums for in office presence in Manhattan. Salaries depend on the line of business and company size. Specialists working on commercial and specialty lines earn more than those in personal lines. Actuarial credentials combined with ML skills create a premium. Insurtech startups often pay above traditional carriers.

Junior insurance data scientists start around $90,000. Mid-career AI underwriting specialists earn $140,000 to $170,000. Chief underwriting officers or heads of insurance AI at major carriers reach $230,000 to $300,000 with bonuses. In New York, those numbers run higher. The cost of living here is 28% above average, and employers adjust to compete.

Base salary is not the full picture. Insurance industry bonuses range from 10% to 20% of base salary. Insurtech equity can be meaningful at growth-stage companies. Traditional carriers offer strong retirement plans and comprehensive health coverage. And on the tax side: new York State income tax rates reach 10.9%, and New York City adds a local income tax up to 3.876%. Combined with federal taxes, your effective rate can be among the highest nationally. When someone quotes you $198,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Emphasize your willingness to work from the office in Manhattan. Many NYC employers pay 10 to 15% more for in person roles compared to remote positions. The range for AI Insurance Underwriting Specialists in New York runs from $147,000 to $262,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.

Top industries in New York

Financial ServicesMedia & AdvertisingTechnologyHealthcareFashion & Retail

Negotiating in New York

Emphasize your willingness to work from the office in Manhattan. Many NYC employers pay 10 to 15% more for in person roles compared to remote positions.

Common questions.

Actuarial credentials like ASA or FCAS combined with machine learning expertise create one of the most in-demand skill combinations in insurance. These dual-skilled professionals often earn 20% to 30% more than pure data scientists in the same industry.

Common projects include risk scoring models, claims prediction systems, fraud detection algorithms, and dynamic pricing engines. Specialists also work on computer vision for property assessment and NLP for processing policy documents and claims narratives.

In New York, large enterprises typically pay AI Insurance Underwriting Specialists 10 to 20% more in base salary than small companies, but startups often compensate with equity that can exceed base salary value. Insurance industry bonuses range from 10% to 20% of base salary. The $147,000 to $262,000 range reflects this entire spectrum.

Lead with data: AI Insurance Underwriting Specialists in New York earn $147,000 to $262,000, so anchoring your ask near $262,000 gives room to land at the median. Emphasize your willingness to work from the office in Manhattan. Many NYC employers pay 10 to 15% more for in person roles compared to remote positions. Never accept the first number without a conversation.

Entry level AI Insurance Underwriting Specialist positions in New York typically start near $147,000. Candidates with relevant internships, certifications, or portfolio work often negotiate closer to the median of $198,000. Junior insurance data scientists start around $90,000.

New York State income tax rates reach 10.9%, and New York City adds a local income tax up to 3.876%. Combined with federal taxes, your effective rate can be among the highest nationally. When comparing offers across states, your take home pay matters more than the number on the offer letter. A lower salary in a no income tax state can net more than a higher one elsewhere.

AI Insurance Underwriting Specialist salary in other cities

Houston$150,000
Indianapolis$141,000
Kansas City$144,000
Los Angeles$183,000
Miami$174,000
Minneapolis$163,000

Other salaries in New York

Knowledge Graph Engineer$218,000
LLM Engineer$243,000
LLM Fine-Tuning Engineer$237,000
Licensed Practical Nurse$65,000

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