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.
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 |
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)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
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 |
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Loan Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
About Massachusetts Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an are....More
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