Insurance Underwriter Salary in Worcester, Massachusetts
The median insurance underwriter salary in Worcester, MA is $91,096 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.
Insurance Underwriter Salary in Worcester by Experience
In Worcester, an entry-level insurance underwriter earns around $58,500, while experienced professionals earn up to $134,550 per year. The local cost of living index is 110% of the national average.
Salary Percentiles in Worcester, MA
| Percentile | Worcester |
|---|---|
| 10th Percentile | $56,862 |
| 25th Percentile | $71,604 |
| Median (50th) | $91,096 |
| 75th Percentile | $117,000 |
| 90th Percentile | $147,888 |
Insurance Underwriter Salary in Other Massachusetts Cities
How to Become a Insurance Underwriter in Worcester
Education
Most insurance underwriter positions require a bachelor's degree. Worcester 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 Worcester may vary based on local industry and population growth.