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Insurance Underwriters Salary in Massachusetts

How much does a Insurance Underwriters make in Massachusetts?

Last updated: 2024 data from the Bureau of Labor Statistics

$100,050
Median Annual Salary
$105,050
Mean Salary
$100,050
Median Salary
$48.10
Hourly Rate
3,440 people work as Insurance Underwriters in Massachusetts

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in Massachusetts

Salaries for Insurance Underwriters in Massachusetts range from $63,160 at the 10th percentile (entry level) to $162,590 at the 90th percentile (experienced). The middle 50% earn between $77,890 and $130,280.

Median $100,050
P10: $63,160 P25: $77,890 P75: $130,280 P90: $162,590
10th
$63,160
25th
$77,890
Median
$100,050
75th
$130,280
90th
$162,590
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $63,160 $30.37 $5,263
25th Percentile $77,890 $37.45 $6,490
Median (50th) $100,050 $48.10 $8,337
75th Percentile $130,280 $62.63 $10,856
90th Percentile (Experienced) $162,590 $78.17 $13,549

Note: The mean (average) salary of $105,050 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Underwriters salary in Massachusetts adjusted for cost of living →

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Underwriters make in Massachusetts?
The median annual salary for a Insurance Underwriters in Massachusetts is $100,050 as of 2024. The average (mean) salary is $105,050.
What is the salary range for a Insurance Underwriters in Massachusetts?
Salaries for Insurance Underwriters in Massachusetts range from $63,160 at the 10th percentile to $162,590 at the 90th percentile. The middle 50%% earn between $77,890 and $130,280.
What is the starting salary for a Insurance Underwriters in Massachusetts?
Entry-level Insurance Underwriters positions in Massachusetts typically start around $63,160 (10th percentile). With some experience, salaries rise to $77,890 (25th percentile).
How many people work as Insurance Underwriters in Massachusetts?
According to 2024 BLS data, approximately 3,440 people are employed as Insurance Underwriters in Massachusetts.
What is the hourly rate for a Insurance Underwriters in Massachusetts?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Massachusetts is approximately $48.10 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS