Insurance Underwriters pay in Boston-Cambridge-Newton
In Boston-Cambridge-Newton (MA), the median pay for insurance underwriters is $51.04 an hour ($106,170 a year). About 2,080 people work in this job there.
That is 30% higher than the U.S. median ($81,370). It is about the same as the Massachusetts median ($106,640).
Pay range for insurance underwriters in Boston-Cambridge-Newton (MA)
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $35.69 | $74,230 |
| 25% of workers | $38.99 | $81,100 |
| Half of workers (median) | $51.04 | $106,170 |
| 75% of workers | $65.08 | $135,360 |
| 90% of workers | $81.43 | $169,360 |
Insurance Underwriters pay in Massachusetts metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Springfield | $115,420 | 130 |
| Boston-Cambridge-Newton (this page) | $106,170 | 2,080 |
| Worcester | $98,000 | 310 |
Massachusetts unemployment rate: 4.3% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for insurance underwriters
- Typical education to start: Bachelor's degree (BLS)
- Related work experience most have: 1 to 2 years (O*NET)
- Training on the job: Moderate-term on-the-job training (BLS)
- Job outlook: -3.8% over ten years, declining · about 6,800 openings a year (BLS)
Related jobs in Boston-Cambridge-Newton (MA)
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $100,150 |
| Financial and Investment Analysts | $117,520 |
| Loan Officers | $103,400 |
| Tax Examiners and Collectors, and Revenue Agents | $73,550 |
| Financial Risk Specialists | $132,580 |
| Tax Preparers | $59,630 |
| Credit Analysts | $101,890 |
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.