How much does an Underwriting Senior Manager make in Boston, MA? The average Underwriting Senior Manager salary in Boston, MA is $196,968 as of February 26, 2024, but the range typically falls between $172,906 and $229,274. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Underwriting Senior Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Senior Manager Salary $150,999 Boston,MA February 26, 2024
25th Percentile Underwriting Senior Manager Salary $172,906 Boston,MA February 26, 2024
50th Percentile Underwriting Senior Manager Salary $196,968 Boston,MA February 26, 2024
75th Percentile Underwriting Senior Manager Salary $229,274 Boston,MA February 26, 2024
90th Percentile Underwriting Senior Manager Salary $258,687 Boston,MA February 26, 2024
25% $172,906 10% $150,999 90% $258,687 75% $229,274 $196,968 50%(Median) Didn’t find job title? Click
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Job Description for Underwriting Senior Manager

Underwriting Senior Manager manages operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Senior Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Senior Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a director. The Underwriting Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Underwriting Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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Career Path for Underwriting Senior Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriting Senior Manager, the first career path typically progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Director position, and then progresses to Top Life Underwriting Executive.

The third career path typically starts with a Property Casualty Underwriting Director position, and then progresses to Top Property Casualty Underwriting Executive.

Additionally, the fourth career path typically starts with an Underwriting Director position, and then progresses to Top Underwriting Executive.

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Underwriting Senior Manager salary varies from city to city. Compared with national average salary of Underwriting Senior Manager, the highest Underwriting Senior Manager salary is in San Francisco, CA, where the Underwriting Senior Manager salary is 25.0% above. The lowest Underwriting Senior Manager salary is in Miami, FL, where the Underwriting Senior Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
172906
229274
196968

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
198778
278348
233451
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Senior Manager in Boston, MA. The base salary for Underwriting Senior Manager ranges from $172,906 to $229,274 with the average base salary of $196,968. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $198,778 to $278,348 with the average total cash compensation of $233,451.
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172906
229274

 

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About Boston, Massachusetts    Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The....More

Boston, Massachusetts  area prices were up 2.5% from a year ago    View the Cost of Living in Boston, Massachusetts

Underwriting Senior Manager Salary in popular cities: WorcesterSpringfieldLowell

Skills associated with Underwriting Senior Manager: Policy Analysis, Insurance Regulatory Guidelines, Insurance Products, Loss Run Analysis ...More

Salary estimation for Underwriting Senior Manager at companies like : Hcl International Associates Inc, Tm Holdings Group Inc, EWPG Holding AB publ