Insurance Underwriter Salary in Springfield, Massachusetts
The median insurance underwriter salary in Springfield, MA is $81,753 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.
Insurance Underwriter Salary in Springfield by Experience
In Springfield, an entry-level insurance underwriter earns around $52,500, while experienced professionals earn up to $120,750 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Springfield, MA
| Percentile | Springfield |
|---|---|
| 10th Percentile | $51,030 |
| 25th Percentile | $64,260 |
| Median (50th) | $81,753 |
| 75th Percentile | $105,000 |
| 90th Percentile | $132,720 |
Insurance Underwriter Salary in Other Massachusetts Cities
How to Become a Insurance Underwriter in Springfield
Education
Most insurance underwriter positions require a bachelor's degree. Springfield 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 Springfield may vary based on local industry and population growth.