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Insurance Underwriters in Massachusetts

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Insurance Underwriters in Massachusetts

Want to work in Massachusetts as an Insurance Underwriter? Read this first!

-6% Jobs Projection
$76,760 Median Salary
280 Job Openings

While jobs for Insurance Underwriters in Massachusetts are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Insurance Underwriters in Massachusetts is expected to decrease.

  • Insurance Underwriters in Massachusetts earn higher salaries than the typical U.S. wage earner.

How Many Insurance Underwriters Work in Massachusetts?

There were approximately 2,410 workers employed as Insurance Underwriters in this state in 2018.

There were 3,190 Insurance Underwriters employed in this state in 2017.

That’s a decline of 780 jobs between 2017 and 2018.

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The typical state has 1,290 Insurance Underwriters working in it, which means Massachusetts has more Insurance Underwriters than average.

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Job Projections for Massachusetts

Jobs for Insurance Underwriters in this state are declining at a rate of 6.3% which is a faster decline than the nationwide estimated projection of -5.3%.

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Massachusetts Annual Job Openings

The BLS estimates 280 annual job openings, and a total of 3,710 jobs for Massachusetts Insurance Underwriters in 2026.

Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.

What do Insurance Underwriters Make in Massachusetts?

In 2018 wages for Insurance Underwriters ranged from $48,660 to $126,540 with $76,760 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $23.4 to $60.84. The median hourly rate was $36.91.

In 2017 the median pay for this field was $38.07 an hour.

The hourly rate declined by $1.16.

The median salary in Massachusetts is higher than the nationwide median salary.

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Top Massachusetts Metros for Insurance Underwriters

The table below shows some of the metros in this state with the most Insurance Underwriters.

Metro Number Employed Annual Median Salary
Boston-Cambridge-Nashua, MA-NH 1,870 $76,910
Providence-Warwick, RI-MA 510 $69,010
Worcester, MA-CT 260 $72,310

Top States for Insurance Underwriters Employment

The table below shows the states where most Insurance Underwriters work.

State Number Employed Annual Median Salary
California 9,130 $78,750
New York 8,430 $78,420
Texas 7,560 $61,240
Georgia 6,020 $73,910
Illinois 5,780 $70,410
Florida 4,970 $63,790
Pennsylvania 4,640 $71,070
Ohio 4,630 $68,190
New Jersey 3,190 $79,930
Connecticut 2,940 $70,980
Massachusetts 2,410 $76,760
Missouri 2,320 $64,660
Wisconsin 2,260 $63,490
Virginia 2,180 $64,260
North Carolina 2,010 $71,570
Iowa 1,850 $67,020
Minnesota 1,620 $63,820
Washington 1,610 $76,110
Arizona 1,570 $71,400
Nebraska 1,530 $59,960

Below are the states where Insurance Underwriters get paid the most:

State Annual Median Salary
New Hampshire $80,530
District of Columbia $80,410
New Jersey $79,930
California $78,750
New York $78,420
Massachusetts $76,760
Maryland $76,450
Washington $76,110
South Dakota $74,810
Georgia $73,910

Discover similar careers:

Occupation MA Employment Total

References

More about our data sources and methodologies.

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