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 Pay in Springfield: What to Expect (2026)
Springfield offers a median insurance underwriter salary of $81,753, which is $28,808 below the Massachusetts state average of $110,561. Compared to the national median of $77,860, Springfield pays above average for this role.
Springfield's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Springfield spans from $51,030 at the 10th percentile to $132,720 at the 90th percentile — a $81,690 spread. Entry-level professionals start around $52,500, while senior insurance underwriters with 8+ years of experience can earn up to $120,750. With a population of 155,929, Springfield is a mid-sized metro with a growing job market.
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.
Find Insurance Underwriter Jobs in Springfield
Browse open insurance underwriter positions in Springfield, MA: