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How much does an Insurance Underwriter I make in Massachusetts? The average Insurance Underwriter I salary in Massachusetts is $66,570 as of April 24, 2024, but the range typically falls between $59,450 and $75,540. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Insurance Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter I Salary $52,968 MA April 24, 2024
25th Percentile Insurance Underwriter I Salary $59,450 MA April 24, 2024
50th Percentile Insurance Underwriter I Salary $66,570 MA April 24, 2024
75th Percentile Insurance Underwriter I Salary $75,540 MA April 24, 2024
90th Percentile Insurance Underwriter I Salary $83,707 MA April 24, 2024
25% $59,450 10% $52,968 90% $83,707 75% $75,540 $66,570 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Underwriter I utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter I ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter I may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Insurance Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter I in Massachusetts

Career Path for this job

  1. This Job:

    Insurance Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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Select a city to view specific salary and bonus information for Insurance Underwriter I

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $64,176 Date Updated April 24, 2024
Location Barnstable, MA Avg. Salary $64,849 Date Updated April 24, 2024
Location Fitchburg, MA Avg. Salary $65,216 Date Updated April 24, 2024
Location Hyannis, MA Avg. Salary $64,605 Date Updated April 24, 2024
Location Leominster, MA Avg. Salary $64,421 Date Updated April 24, 2024
Location Malden, MA Avg. Salary $68,581 Date Updated April 24, 2024
Location Methuen, MA Avg. Salary $65,339 Date Updated April 24, 2024
Location Newton, MA Avg. Salary $68,581 Date Updated April 24, 2024
Location Revere, MA Avg. Salary $68,581 Date Updated April 24, 2024
Location Weymouth, MA Avg. Salary $66,807 Date Updated April 24, 2024

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