Insurance Underwriters Salary in Massachusetts

Insurance Underwriterss in Massachusetts have a median annual salary of $106,640, which works out to about $51.27 per hour, with a typical 25th–75th percentile range of $80,250 to $135,110, based on the latest BLS OEWS data.

13-2053 · Insurance Underwriters

Insurance Underwriters pay in Massachusetts at a glance

Median annual salary

$106,640

Median hourly wage

$51.27/hr

Average annual salary

$114,510

Average hourly wage

$55.05/hr

25th percentile

$80,250

75th percentile

$135,110

10th percentile

$70,590

90th percentile

$167,590

People employed

2,890

Salary distribution

Reported wage points from the lowest to the highest paid insurance underwriters roles in Massachusetts.

10th percentile
$70,590
25th percentile
$80,250
Median percentile
$106,640
75th percentile
$135,110
90th percentile
$167,590

Massachusetts vs U.S. salary

The median salary for insurance underwriters roles in Massachusetts is about 31.1% above the U.S. median of $81,370 for the same occupation.

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How much does a insurance underwriters make in Massachusetts?

Half of insurance underwriters roles in Massachusetts report earning more than $106,640 a year and half report earning less — that is the median. The mean (average) of $114,510 is pulled up or down by the highest and lowest earners, which is why the median is usually the better benchmark.

Salary range

A quarter of reported salaries fall below $80,250 and a quarter are above $135,110, so most insurance underwriters pay sits between those two figures. These percentiles describe how pay is spread across all reported roles — they are not a direct measure of years of experience.

What can affect insurance underwriters pay?

  • Years of experience and level of responsibility
  • Employer type and size
  • Specialization within the occupation
  • Certifications and licensing
  • Industry
  • Hours worked, shift patterns and overtime
  • The local labor market where the job is based

Insurance Underwriters pay in other states

Related jobs in Massachusetts

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Methodology · Data sources

Salary figures are benchmarks and can vary by employer, experience, specialization, hours worked and other factors.