Insurance Risk Engineer

Insurance Risk Engineer Salary in New Jersey

$39.6K

$104.1K

$139.6K

$103,303

/year

$49.66

/hour

Insurance Risk Engineer Salary Comparison by Location

Nationwide

United States

$101,752

New Jersey

New Jersey

$103,303

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    How much does an Insurance Risk Engineer make in New Jersey?

    As of Aug 28, 2026, the average annual pay for an Insurance Risk Engineer in New Jersey is $103,303 a year.

    Just in case you need a simple salary calculator, that works out to be approximately $49.66 an hour. This is the equivalent of $1,986/week or $8,608/month.

    While ZipRecruiter is seeing salaries as high as $139,595 and as low as $39,594, the majority of Insurance Risk Engineer salaries currently range between $85,300 (25th percentile) to $118,300 (75th percentile) with top earners (90th percentile) making $137,056 annually in New Jersey. The average pay range for an Insurance Risk Engineer varies greatly (by as much as 33000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

    New Jersey ranks number 50 out of 50 states nationwide for Insurance Risk Engineer salaries.

    To estimate the most accurate annual salary range for Insurance Risk Engineer jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

    Find your next high paying job as an Insurance Risk Engineer on ZipRecruiter today.

    What are Top 10 Highest Paying Cities for Insurance Risk Engineer Jobs in New Jersey

    We've identified 10 cities where the typical salary for an Insurance Risk Engineer job is above the average in New Jersey in New Jersey. Topping the list is Hoboken, , with Lakehurst, and Wayne, close behind in the second and third positions. Wayne, beats the average in New Jersey by $6,985 (6.8%), and Hoboken, furthers that trend with another $8,022 (7.8%) above the $103,303 average.

    With these 10 cities paying on average above the average for New Jersey, the opportunities for economic advancement by changing locations as an Insurance Risk Engineer appears to be exceedingly fruitful.

    Finally, another factor to consider is the average salary for these top 10 cities varies very little at 5% between Hoboken, and Warren, , reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for an Insurance Risk Engineer role.

    City

    Annual Salary

    Hourly Wage

    Hoboken

    $111,325

    $53.52

    Lakehurst

    $110,551

    $53.15

    Wayne

    $110,288

    $53.02

    Lower Longwood

    $107,340

    $51.61

    Princeton

    $106,664

    $51.28

    Newark

    $106,271

    $51.09

    Jersey City

    $106,206

    $51.06

    Berkeley Heights

    $106,195

    $51.06

    Edison

    $105,339

    $50.64

    Warren

    $105,165

    $50.56

    What are Top 5 Best Paying Related Insurance Risk Engineer Jobs in New Jersey

    Analyzing similar jobs related to the Insurance Risk Engineer job category in New Jersey, we found 5 that were relevant. However, none pay more than the $103303 state average for Insurance Risk Engineer jobs.

    Nevertheless Sr Quality Assurance Specialist, Physicist, or Product Surveillance Specialist may still be interesting positions to explore.

    Job Title

    Annual Salary

    Hourly Wage

    Sr Quality Assurance Specialist

    $99,583

    $47.88

    Physicist

    $96,249

    $46.27

    Product Surveillance Specialist

    $55,143

    $26.51

    Cvs Health

    $51,004

    $24.52

    Green Energy

    $40,062

    $19.26

    About Our Data

    ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.

    Infographic detailing Insurance Risk Engineer salary in New Jersey as of August 2026. Shows a bar chart with salary percentiles ranging from $85,300 to $137,056 annually, with the New Jersey average at $103,303 per year or $49.66 per hour. Includes a list of the top 10 highest paying cities in New Jersey for Insurance Risk Engineer jobs, with Hoboken leading at $111,325 annually.