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How much does an insurance underwriter make in Boston?

$106,200a year

Median yearly pay for insurance underwriters in the Boston-Cambridge-Newton, MA-NH metro area. That is $51.04 an hour or $8,848 a month.

Hourly
$51.04
Vs. national median
+30%
Rank among cities
4 of 142
Jobs in the area
2,080
Pay range
Lowest 10%: $74,230Median: $106,200Highest 10%: $169,400
PercentileYearlyHourly
10th$74,230$35.69
25th$81,100$38.99
Median$106,200$51.04
75th$135,400$65.08
90th$169,400$81.42

Other cities in Massachusetts

Median yearly pay for insurance underwriters.

Springfield, MA$115,400
Worcester, MA$98,000
Providence, RI$85,150
Insurance Underwriter salary in Massachusetts Insurance Underwriter salary in all states

Related jobs in Boston

Same field, median yearly pay.

Management Analyst$135,600
Financial Risk Specialist$132,600
Personal Financial Advisor$126,500
Labor Relations Specialist$118,500
Financial and Investment Analyst$117,500
Project Management Specialist$115,000
Financial Examiner$105,200
Compliance Officer$103,900
Loan Officer$103,400
Cost Estimator$102,600
Salaries for every job in Boston, MA

Frequently asked questions

How much does an insurance underwriter make an hour in Boston?

The median hourly pay in the Boston-Cambridge-Newton, MA-NH metro area is $51.04 ($106,200 a year).

Do insurance underwriters make more in Boston than the national average?

Yes: $106,200 against $81,370 nationally, 30% more.

How does Boston compare with the rest of Massachusetts?

The median in Massachusetts is $106,600, so Boston pays 0% more.

Where does Boston rank for insurance underwriter pay?

4 of 142 metro areas with data.

How much does an insurance underwriter make starting out in Boston?

The lowest-paid 10% make $74,230 or less a year; the top 10% make $169,400 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.