As of April 01, 2025, the average annual salary for an Underwriting Manager in Massachusetts is $147,642. Salary.com reports that pay typically ranges from $127,932 to $172,904, with most professionals earning between $109,987 and $195,904.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $158,875 | $13,240 | $3,055 | $76 |
| Average | $135,663 | $11,305 | $2,609 | $65 |
| 25th Percentile | $117,552 | $9,796 | $2,261 | $57 |
An entry-level Underwriting Manager with under 1 year experience makes about $138,174. With less than 2 years of experience, a mid-level Underwriting Manager makes around $139,043. After 2-4 years, the Underwriting Manager pay rises to about $141,071. Those senior Underwriting Manager with 5-8 years of experience earn roughly $143,389, and those Underwriting Manager having 8 years or more experience are expected to earn about $148,017 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriting Manager | $138,174 |
| Intermediate Level Underwriting Manager | $139,043 |
| Senior Level Underwriting Manager | $141,071 |
| Specialist Level Underwriting Manager | $143,389 |
| Expert Level Underwriting Manager | $148,017 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 4% |
| Top Level | 6% |
| Experienced | 9% |
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Underwriting Manager salary varies from city to city. Compared with national average salary of Underwriting Manager, the highest Underwriting Manager salary is in San Francisco, CA, where the Underwriting Manager salary is 24.9% above. The lowest Underwriting Manager salary is in Miami, FL, where the Underwriting Manager salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $169,429 |
24.9%
|
| Washington, DC | $150,206 |
10.7%
|
| Miami, FL | $130,345 |
|
| Chicago, IL | $140,194 |
3.3%
|
| Boston, MA | $151,305 |
11.5%
|
| New York, NY | $157,220 |
15.9%
|
