As of April 01, 2025, the average annual salary for an Underwriter V in Massachusetts is $163,591. According to Salary.com, salaries can range from a low of $115,676 to a high of $219,453, with most professionals earning between $138,511 and $192,831.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $177,186 | $14,765 | $3,407 | $85 |
| Average | $150,318 | $12,526 | $2,891 | $72 |
| 25th Percentile | $127,272 | $10,606 | $2,448 | $61 |
An entry-level Underwriter V with under 1 year experience makes about $151,227. With less than 2 years of experience, a mid-level Underwriter V makes around $153,070. After 2-4 years, the Underwriter V pay rises to about $153,808. Those senior Underwriter V with 5-8 years of experience earn roughly $157,495, and those Underwriter V having 8 years or more experience are expected to earn about $160,444 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $151,227 |
| Intermediate Level Underwriter V | $153,070 |
| Senior Level Underwriter V | $153,808 |
| Specialist Level Underwriter V | $157,495 |
| Expert Level Underwriter V | $160,444 |
| Entry Level | 1% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 5% |
| Experienced | 7% |
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Underwriter V salary varies from city to city. Compared with national average salary of Underwriter V, the highest Underwriter V salary is in San Francisco, CA, where the Underwriter V salary is 24.9% above. The lowest Underwriter V salary is in Miami, FL, where the Underwriter V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $187,732 |
24.9%
|
| Washington, DC | $166,432 |
10.7%
|
| Miami, FL | $144,425 |
|
| Chicago, IL | $155,339 |
3.3%
|
| Boston, MA | $167,650 |
11.5%
|
| New York, NY | $174,203 |
15.9%
|
