SOC 13-2053 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Insurance Underwriters in Boston-Cambridge is $99,840 per year ($48.00/hr). This is 25% higher than the national median of $79,872. The middle 50% earn between $78,832 and $131,040 annually. Top earners at the 90th percentile reach $172,536.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $31.04 | $64,558 | +25.0% |
| P25 | $37.90 | $78,832 | +25.0% |
| P50MEDIAN | $48.00 | $99,840 | +25.0% |
| P75 | $63.00 | $131,040 | +25.0% |
| P90 | $82.95 | $172,536 | +25.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Insurance Underwriters in Boston-Cambridge is approximately $99,840, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $79,872.
Entry-level Insurance Underwriters (10th percentile) in Boston-Cambridge earn approximately $64,558 per year. The 25th percentile is $78,832. Top earners (90th percentile) reach $172,536.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $79,872 vs $99,840 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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