SOC 13-2053 · Massachusetts · BLS OEWS May 2024
The median salary for Insurance Underwriters in Massachusetts is $95,048 per year ($45.70/hr). This is 19% higher than the national median of $79,872. The middle 50% earn between $75,048 and $124,750 annually. Top earners at the 90th percentile reach $164,254.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $29.55 | $61,459 | +19.0% |
| P25 | $36.08 | $75,048 | +19.0% |
| P50MEDIAN | $45.70 | $95,048 | +19.0% |
| P75 | $59.98 | $124,750 | +19.0% |
| P90 | $78.97 | $164,254 | +19.0% |
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 Massachusetts is approximately $95,048, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 19% higher than the national median of $79,872.
Entry-level Insurance Underwriters (10th percentile) in Massachusetts earn approximately $61,459 per year. The 25th percentile is $75,048. Top earners (90th percentile) reach $164,254.
Massachusetts pays 19% higher than the national average. The national P50 is $79,872 vs $95,048 in Massachusetts. Based on BLS national data adjusted for regional cost factors.
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