Insurance Underwriter Salary in Massachusetts
The median insurance underwriter salary in Massachusetts is $110,561 per year, which is 42.0% above the national median of $77,860.
Insurance Underwriter Salary in Massachusetts by Experience
In Massachusetts, an entry-level insurance underwriter earns around $71,000, while experienced professionals earn up to $163,300 per year. The cost of living index in Massachusetts is 135% of the national average.
Salary Percentiles in Massachusetts
| Percentile | MA Salary |
|---|---|
| 10th Percentile | $69,012 |
| 25th Percentile | $86,904 |
| Median (50th) | $110,561 |
| 75th Percentile | $142,000 |
| 90th Percentile | $179,488 |
Major Cities for Insurance Underwriters in Massachusetts
The largest employment areas for insurance underwriters in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Insurance Underwriter in Massachusetts
Education
Most insurance underwriter positions require a bachelor's degree. Massachusetts has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Massachusetts
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Massachusetts's demand may vary based on local industry trends.