The average salary for a underwriter in Massachusetts is around $96,780 per year.
Avg Salary
Underwriters earn an average yearly salary of $96,780.
Wages typically start from $60,870 and go up to $135,430.
27% above national average Updated in 2021
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$65.11 per hour
$135,430 per year
75th percentile
Senior-level underwriter earnings begin at:
$58.63 per hour
$121,960 per year
50th percentile
Mid-level underwriter earnings begin at:
$46.53 per hour
$96,780 per year
25th percentile
Junior-level underwriter earnings begin at:
$35.53 per hour
$73,900 per year
10th percentile
Starting level underwriter earnings begin at:
$29.27 per hour
$60,870 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $98,760 |
| New York | $97,070 |
| Massachusetts | $96,780 |
| Connecticut | $81,410 |
| Washington | $80,960 |
| California | $80,820 |
| Oregon | $80,160 |
| New Jersey | $80,070 |
| Nevada | $78,680 |
| Colorado | $78,160 |
| Rhode Island | $78,060 |
| New Hampshire | $77,740 |
| Wisconsin | $77,450 |
| Maryland | $77,370 |
| Ohio | $77,050 |
| Pennsylvania | $77,030 |
| Maine | $76,840 |
| Georgia | $76,710 |
| Indiana | $76,060 |
| South Dakota | $76,060 |
| Kansas | $75,370 |
| North Carolina | $73,430 |
| Arizona | $72,640 |
| Arkansas | $72,170 |
| Oklahoma | $70,250 |
| Texas | $69,610 |
| Minnesota | $67,270 |
| Alaska | $63,960 |
| Vermont | $63,960 |
| Utah | $63,850 |
| Nebraska | $63,300 |
| Florida | $63,290 |
| Michigan | $63,240 |
| Tennessee | $62,390 |
| Iowa | $62,320 |
| Alabama | $62,020 |
| Virginia | $62,020 |
| Hawaii | $61,340 |
| New Mexico | $61,320 |
| North Dakota | $60,550 |
| Illinois | $60,490 |
| South Carolina | $60,490 |
| Mississippi | $60,380 |
| Missouri | $60,310 |
| Kentucky | $59,130 |
| Louisiana | $57,660 |
| Idaho | $49,490 |
| Wyoming | $49,150 |
| Montana | $48,630 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Delaware | $103,670 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Massachusetts. On average, they make less than statisticians but more than accountants.
| Career | Median Salary |
|---|---|
| Statistician salary | $103K |
| Financial analyst salary | $98K |
| Cost estimator salary | $99K |
| Securities and commodities broker salary | $78K |
| Stock trader salary | $78K |
| Underwriter salary | $97K |
| Consultant salary | $82K |
| Loan officer salary | $80K |
| Auditor salary | $81K |
| Accountant salary | $81K |
Source: CareerExplorer (Aggregated)