Insurance Underwriters · Massachusetts

Insurance Underwriters Salary in Massachusetts

Insurance Underwriters in Massachusetts earn a median annual wage of $106,640 —31.1% above the national median of $81,370. That ranks MA #1 of 49 covered states and territories for this occupation.

Median annual
$106,640
Median hourly
$51.27
Entry level (P10)
$70,590
10th percentile
Top 10% (P90)
$167,590
90th percentile
Employment
2,890
0.8 per 1,000 jobs
vs U.S. median
+31.1%
U.S. $81,370

Wage distribution

How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.

10th percentile90th percentile
$70,590
$80,250
$106,640
$135,110
$70,590$106,640$167,590
Annual wage distribution. Highlighted segment contains the median of $106,640.

Employment is 1.17× as concentrated as the national average, making Massachusetts a strong market for this occupation.

Highest-paying states for insurance underwriters

All 49 states ranked by median annual wage. Massachusetts is highlighted.

#StateMedian annual Median hourlyEmploymentLocation quotient
1Massachusetts$106,640$51.272,8901.17
2New Hampshire$103,940$49.972700.58
3Nevada$101,440$48.774800.46
4Connecticut$100,690$48.412,0101.75
5Colorado$100,640$48.382,0401.05
6Washington$99,400$47.791,7400.72
7New York$97,450$46.856,9001.05
8Wisconsin$97,370$46.813,1101.56
9New Jersey$96,220$46.263,1501.08
10Maine$95,510$45.925201.20

Related occupations in Massachusetts

Occupations in the same job family, compared within Massachusetts.

OccupationMassachusetts medianU.S. median
Accountants and Auditors$99,460$83,680
Business Operations Specialists, All Other$93,270$83,050
Project Management Specialists$114,190$102,320
Human Resources Specialists$85,630$75,940
Market Research Analysts and Marketing Specialists$101,810$78,760
Management Analysts$134,720$101,860

Frequently asked questions

How much do insurance underwriters make in Massachusetts?

The median annual wage for insurance underwriters in Massachusetts is $106,640, or $51.27 per hour. That is 31.1% above the national median of $81,370.

What is the entry-level insurance underwriters salary in Massachusetts?

Workers at the 10th percentile earn $70,590 per year ($33.94/hour). The 25th percentile is $80,250.

How many people work as insurance underwriters in Massachusetts?

About 2,890 people work in this occupation in Massachusetts, or 0.8 per 1,000 jobs statewide.

Is Massachusetts a good state for insurance underwriters?

Massachusetts ranks #1 of 49 states by median wage for this occupation. Employment is 1.17x as concentrated as the national average, making Massachusetts a strong market for this occupation.

Which state pays insurance underwriters the most?

Massachusetts has the highest median wage at $106,640 per year, followed by New Hampshire ($103,940) and Nevada ($101,440).

Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Occupational Employment and Wage Statistics, cross-industry estimates. Retrieved 2026-10-26. Figures are rounded by BLS to the nearest dollar (annual) and cent (hourly). Percentile wages describe the distribution of workers, not the pay range for a single job posting. bls.gov/oes