Insurance Underwriter Salary in Lowell, Massachusetts
The median insurance underwriter salary in Lowell, MA is $87,203 per year, which is 12.0% above the national median and 21.1% below the Massachusetts state average.
Insurance Underwriter Salary in Lowell by Experience
In Lowell, an entry-level insurance underwriter earns around $56,000, while experienced professionals earn up to $128,800 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Lowell, MA
| Percentile | Lowell |
|---|---|
| 10th Percentile | $54,432 |
| 25th Percentile | $68,544 |
| Median (50th) | $87,203 |
| 75th Percentile | $112,000 |
| 90th Percentile | $141,568 |
Insurance Underwriter Salary in Other Massachusetts Cities
How to Become a Insurance Underwriter in Lowell
Education
Most insurance underwriter positions require a bachelor's degree. Lowell 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 Lowell may vary based on local industry and population growth.