Insurance Underwriter Salary in Cambridge, Massachusetts
The median insurance underwriter salary in Cambridge, MA is $130,026 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.
Insurance Underwriter Salary in Cambridge by Experience
In Cambridge, an entry-level insurance underwriter earns around $83,500, while experienced professionals earn up to $192,050 per year. The local cost of living index is 160% of the national average.
Salary Percentiles in Cambridge, MA
| Percentile | Cambridge |
|---|---|
| 10th Percentile | $81,162 |
| 25th Percentile | $102,204 |
| Median (50th) | $130,026 |
| 75th Percentile | $167,000 |
| 90th Percentile | $211,088 |
Insurance Underwriter Salary in Other Massachusetts Cities
How to Become a Insurance Underwriter in Cambridge
Education
Most insurance underwriter positions require a bachelor's degree. Cambridge and the surrounding Massachusetts area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Cambridge may vary based on local industry and population growth.