Underwriting Analyst Salary in Massachusetts

How much does an Underwriting Analyst make in Massachusetts?

As of April 01, 2026, the average salary for an Underwriting Analyst in Massachusetts is $58,898 per year, which breaks down to an hourly rate of $28.

However, an Underwriting Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $70,110
Majority Range (25th-75th percentile): $52,446 to $64,766
Entry-Level (10th percentile): $46,573

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Underwriting Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$64,766	$5,397	$1,246	$31
Average	$58,898	$4,908	$1,133	$28
25th Percentile	$52,446	$4,371	$1,009	$25

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Underwriting Analyst Salaries

An Underwriting Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Underwriting Analyst Salaries?

Experience is a primary driver of an Underwriting Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $58,466
Early Career (1-2 years): $112,963
Mid-Level (2-4 years): $129,336
Senior-Level (5-8 years): $176,277
Expert (over 8 years): $212,519

Levels	Salary
Underwrit... Level Underwriting Analyst	$58,466
Underwrit... Level Underwriting Analyst	$112,963
Underwrit... Level Underwriting Analyst	$129,336
Underwrit... Level Underwriting Analyst	$176,277
Underwrit... Level Underwriting Analyst	$212,519

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What Am I Worth?

How Do Underwriting Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriting Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $59,920.
California: $59,693.
Massachusetts: $58,898.

District of Columbia $59,920 California $59,693 Massachusetts $58,898 Washington $58,681 New Jersey $58,659 Alaska $58,584 Connecticut $57,837 New York $57,534

Hawaii $56,565 Rhode Island $56,110 Maryland $55,802 Minnesota $55,380 Colorado $55,218 Illinois $55,163 Oregon $54,958 Delaware $54,806

New Hampshire $54,711 Virginia $54,498 Pennsylvania $53,875 Nevada $53,561 North Dakota $53,459 Michigan $53,296 Wisconsin $53,237 Vermont $53,118

Texas $52,788 Maine $52,766 Arizona $52,733 Ohio $52,696 Georgia $52,198 Indiana $51,949 Wyoming $51,900 Utah $51,824

Iowa $51,792 Kansas $51,532 Louisiana $51,456 North Carolina $51,429 Missouri $51,418 Florida $51,207 Montana $51,094 Nebraska $50,985

Kentucky $50,926 South Carolina $50,709 Tennessee $50,574 Idaho $50,520 New Mexico $50,125 Oklahoma $50,038 Alabama $49,719 South Dakota $49,183

Arkansas $48,891 West Virginia $48,734 Mississippi $48,263

Top Paying Cities for Underwriting Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Agawam: $56,089
Amherst: $55,926
Barre: $56,592

Agawam, MA $56,089 Amherst, MA $55,926 Barre, MA $56,592 Belchertown, MA $55,997 Blandford, MA $55,943 Bondsville, MA $56,018 Brimfield, MA $55,910 Chester, MA $55,374

Chesterfield, MA $55,618 Chicopee, MA $56,089 Cummington, MA $55,374 Easthampton, MA $56,051 East Longmeadow, MA $56,089 East Otis, MA $56,165 Feeding Hills, MA $56,089 Gilbertville, MA $56,376

Goshen, MA $55,602 Granby, MA $56,073 Granville, MA $56,018 Hadley, MA $55,964 Hampden, MA $56,089 Hardwick, MA $56,414 Hatfield, MA $55,943 Haydenville, MA $55,856

Holyoke, MA $56,089 Huntington, MA $55,964 Leeds, MA $55,943 Leverett, MA $55,910 Ludlow, MA $56,089 Monson, MA $56,018 North Amherst, MA $56,018 Northampton, MA $55,981

Florence, MA $55,981 North Hatfield, MA $55,937 Oakham, MA $56,684 Palmer, MA $56,018 Plainfield, MA $55,374 Russell, MA $56,018 Shutesbury, MA $55,997 Southampton, MA $56,073

South Barre, MA $56,630 South Hadley, MA $56,073 Southwick, MA $56,089 Thorndike, MA $56,018 Three Rivers, MA $56,051 Wales, MA $55,910 Ware, MA $56,392 Warren, MA $56,224

West Chesterfield, MA $55,342 Westfield, MA $56,089 West Hatfield, MA $55,910 West Springfield, MA $56,089 West Warren, MA $56,457 Whately, MA $55,818 Wheelwright, MA $56,608 Wilbraham, MA $56,089

Williamsburg, MA $55,834 Woronoco, MA $56,035 Worthington, MA $55,396 Springfield, MA $56,089 Longmeadow, MA $56,089 Indian Orchard, MA $56,089 Pittsfield, MA $55,521 Adams, MA $55,466

Ashley Falls, MA $56,478 Becket, MA $55,466 Berkshire, MA $55,521 Cheshire, MA $55,521 Dalton, MA $55,521 Glendale, MA $55,504 Great Barrington, MA $55,358 Hinsdale, MA $55,521

Housatonic, MA $55,429 Lanesboro, MA $55,521 Lee, MA $55,504 Lenox, MA $55,521 Lenox Dale, MA $55,521 Middlefield, MA $55,450 Mill River, MA $56,002 Monterey, MA $55,358

North Adams, MA $55,396 North Egremont, MA $55,477 Otis, MA $55,342 Richmond, MA $55,521 Sandisfield, MA $56,213 Savoy, MA $55,450 Sheffield, MA $56,127 South Egremont, MA $55,586

Southfield, MA $56,397 South Lee, MA $55,504 Stockbridge, MA $55,504 Tyringham, MA $55,429 West Stockbridge, MA $55,483 Williamstown, MA $55,396 Windsor, MA $55,504 Greenfield, MA $55,656

Ashfield, MA $55,407 Athol, MA $56,657 Bernardston, MA $55,634 Buckland, MA $55,331 Charlemont, MA $55,201 Colrain, MA $55,385 Conway, MA $55,575 Deerfield, MA $55,672

Drury, MA $55,044 Erving, MA $56,018 Heath, MA $55,201 Lake Pleasant, MA $55,770 Millers Falls, MA $55,721 Monroe Bridge, MA $54,990 Montague, MA $55,770 Gill, MA $55,975

New Salem, MA $56,192 Northfield, MA $55,975 Orange, MA $56,468 Petersham, MA $56,646 Rowe, MA $55,077 Royalston, MA $56,744 Shelburne Falls, MA $55,380 South Deerfield, MA $55,759

Sunderland, MA $55,807 Turners Falls, MA $55,721 Warwick, MA $56,473 Wendell, MA $55,975 Wendell Depot, MA $56,175 Fitchburg, MA $57,193 Ashburnham, MA $56,928 Ashby, MA $57,956

Ayer, MA $58,102 Devens, MA $58,059 Baldwinville, MA $56,836 East Templeton, MA $56,852 Gardner, MA $56,955 Westminster, MA $56,955 Groton, MA $58,156 Harvard, MA $58,151

Hubbardston, MA $56,608 Leominster, MA $56,630 Littleton, MA $58,243 Lunenburg, MA $57,978 Pepperell, MA $58,156 Shirley, MA $58,037 Still River, MA $58,118 Templeton, MA $56,852

Townsend, MA $58,053 West Groton, MA $58,080 West Townsend, MA $58,032 Winchendon, MA $56,727 Winchendon Springs, MA $56,717 Auburn, MA $56,754 North Dartmouth, MA $57,101 South Dartmouth, MA $57,101

North Attleboro, MA $56,067 Plainville, MA $56,029 Attleboro Falls, MA $56,046 North Dighton, MA $56,013 Norton, MA $58,540 Raynham, MA $58,557 Raynham Center, MA $58,557 Rehoboth, MA $56,083

Rochester, MA $57,101 Seekonk, MA $56,083 Swansea, MA $56,029 Berkley, MA $57,133 Taunton, MA $58,503 Westport, MA $57,101 Westport Point, MA $57,101 Berlin, MA $56,717

Cataumet, MA $56,976 Blackstone, MA $56,013 Boylston, MA $56,754 Brookfield, MA $56,646 Charlton, MA $56,717 Charlton City, MA $56,717 Charlton Depot, MA $56,717 Clinton, MA $56,717

East Brookfield, MA $56,700 Douglas, MA $56,662 East Princeton, MA $56,684 Fiskdale, MA $56,592 Grafton, MA $56,754 Holden, MA $56,754 Holland, MA $56,565 Jefferson, MA $56,754

Lancaster, MA $56,662 Leicester, MA $56,754 Linwood, MA $56,630 Manchaug, MA $56,754 Millbury, MA $56,754 Millville, MA $55,959 New Braintree, MA $56,630 Northborough, MA $56,754

Northbridge, MA $56,738 North Brookfield, MA $56,684 North Grafton, MA $56,754 North Oxford, MA $56,754 North Uxbridge, MA $56,630 Oxford, MA $56,738 Princeton, MA $56,700 Rochdale, MA $56,754

Rutland, MA $56,754 Shrewsbury, MA $56,754 Southbridge, MA $56,630 South Grafton, MA $56,754 South Lancaster, MA $56,700 Spencer, MA $56,754 Sterling, MA $56,717 Sturbridge, MA $56,608

Upton, MA $56,717 Uxbridge, MA $56,646 Webster, MA $56,646 Dudley, MA $56,646 Westborough, MA $56,754 West Boylston, MA $56,754 West Brookfield, MA $56,630 West Millbury, MA $56,754

Whitinsville, MA $56,717 Sutton, MA $56,754 Worcester, MA $56,754 East Walpole, MA $58,557 Cherry Valley, MA $56,754 Paxton, MA $56,754 Framingham, MA $58,394 Village Of Nagog Woods, MA $58,243

Boxborough, MA $58,205 Acton, MA $58,205 Ashland, MA $56,608 Bedford, MA $58,227 Hanscom Afb, MA $59,255 Bolton, MA $56,646 Carlisle, MA $58,243 Concord, MA $58,189

Fayville, MA $56,646 Holliston, MA $58,356 Hopedale, MA $56,630 Hopkinton, MA $56,662 Hudson, MA $56,662 Marlborough, MA $56,684 Maynard, MA $58,135 Mendon, MA $56,630

Milford, MA $56,630 Natick, MA $60,267 Sherborn, MA $60,234 Southborough, MA $56,662 Foxboro, MA $58,557 Franklin, MA $57,187 Greenbush, MA $58,448 Green Harbor, MA $58,432

Hingham, MA $59,406 Hull, MA $60,359 Humarock, MA $58,448 Mansfield, MA $58,557 Marshfield, MA $58,432 Marshfield Hills, MA $58,432 Medfield, MA $59,358 Medway, MA $58,394

Millis, MA $58,432 Minot, MA $58,448 Norfolk, MA $58,486 North Marshfield, MA $58,432 North Scituate, MA $58,432 Norwell, MA $58,486 Norwood, MA $58,557 Ocean Bluff, MA $58,432

Scituate, MA $58,432 Sharon, MA $58,557 Sheldonville, MA $57,215 South Walpole, MA $58,519 Stoughton, MA $58,557 Walpole, MA $58,540 Westwood, MA $59,412 Wrentham, MA $58,465

Boston, MA $60,359 Roxbury, MA $60,359 Roxbury Crossing, MA $60,359 Dorchester, MA $60,359 Dorchester Center, MA $60,359 Mattapan, MA $60,359 Charlestown, MA $60,359 Jamaica Plain, MA $60,359

Roslindale, MA $60,359 West Roxbury, MA $60,359 Allston, MA $60,359 Brighton, MA $60,359 Hyde Park, MA $60,359 Readville, MA $60,359 Cambridge, MA $60,359 Somerville, MA $60,359

Malden, MA $60,359 Everett, MA $60,359 Chelsea, MA $60,359 Revere, MA $60,359 Winthrop, MA $60,359 Medford, MA $60,359 West Medford, MA $60,359 Quincy, MA $60,359

Melrose, MA $60,359 Stoneham, MA $60,359 Braintree, MA $58,557 Milton, MA $60,359 Milton Village, MA $60,359 Weymouth, MA $58,557 East Weymouth, MA $58,557 South Weymouth, MA $58,557

North Weymouth, MA $58,557 East Boston, MA $60,359 Brockton, MA $58,557 Avon, MA $58,557 Bridgewater, MA $58,557 Bryantville, MA $58,519 Carver, MA $57,658 Duxbury, MA $58,394

East Bridgewater, MA $58,557 Easton, MA $58,557 Elmwood, MA $58,557 Halifax, MA $58,519 Hanover, MA $58,519 Hanson, MA $58,557 Holbrook, MA $58,557 Middleboro, MA $57,712

Manomet, MA $57,815 Lakeville, MA $57,009 Monponsett, MA $58,540 Abington, MA $58,557 North Carver, MA $58,432 North Easton, MA $58,557 North Pembroke, MA $58,503 Pembroke, MA $58,519

Plymouth, MA $57,896 Kingston, MA $58,411 South Carver, MA $56,955 Plympton, MA $58,465 Randolph, MA $58,557 Rockland, MA $58,557 South Easton, MA $58,557 West Bridgewater, MA $58,557

White Horse Beach, MA $57,853 Whitman, MA $58,557 Lexington, MA $60,359 Brookline, MA $60,359 Brookline Village, MA $60,359 Waltham, MA $60,359 North Waltham, MA $60,359 New Town, MA $60,359

Babson Park, MA $60,359 Newton, MA $60,359 Newton Center, MA $60,359 Newtonville, MA $60,359 Newton Highlands, MA $60,359 Newton Lower Falls, MA $60,359 Newton Upper Falls, MA $60,359 West Newton, MA $60,359

Auburndale, MA $60,359 Chestnut Hill, MA $60,359 Waban, MA $60,359 Watertown, MA $60,359 Arlington, MA $60,359 Arlington Heights, MA $60,359 Belmont, MA $60,359 Waverley, MA $60,359

Wellesley Hills, MA $60,359 Wellesley, MA $60,343 Needham, MA $60,359 Weston, MA $60,359 Needham Heights, MA $60,359 Nonantum, MA $60,359 Buzzards Bay, MA $56,938 Lincoln, MA $60,321

Stow, MA $58,135 Sudbury, MA $60,234 Wayland, MA $60,267 Woodville, MA $56,700 Woburn, MA $60,359 Burlington, MA $59,276 Andover, MA $57,328 Billerica, MA $58,243

Chelmsford, MA $58,243 Dracut, MA $58,243 Dunstable, MA $58,156 Haverhill, MA $57,328 Georgetown, MA $57,328 Groveland, MA $57,328 Lawrence, MA $57,328 Methuen, MA $57,328

North Andover, MA $57,328 Lowell, MA $58,243 Merrimac, MA $57,290 North Billerica, MA $58,243 North Chelmsford, MA $58,243 North Reading, MA $57,290 Nutting Lake, MA $58,243 Pinehurst, MA $58,243

Reading, MA $58,584 Tewksbury, MA $58,243 Tyngsboro, MA $58,243 Wakefield, MA $60,343 West Boxford, MA $57,328 Westford, MA $58,243 Wilmington, MA $57,777 Winchester, MA $60,359

Lynn, MA $60,359 Saugus, MA $60,359 Swampscott, MA $60,321 Nahant, MA $60,359 Amesbury, MA $57,036 Beverly, MA $60,213 Boxford, MA $57,328 Byfield, MA $57,290

Danvers, MA $57,236 Essex, MA $57,826 Gloucester, MA $57,913 Hamilton, MA $57,204 Hathorne, MA $57,236 Chilmark, MA $56,792 East Falmouth, MA $57,068 East Sandwich, MA $57,274

East Wareham, MA $56,955 Edgartown, MA $56,830 Falmouth, MA $56,976 Woods Hole, MA $56,976 Menemsha, MA $56,830 Monument Beach, MA $56,955 Nantucket, MA $56,830 North Falmouth, MA $56,993

Oak Bluffs, MA $56,846 Onset, MA $56,993 Pocasset, MA $56,976 Sagamore, MA $57,393 Sagamore Beach, MA $57,393 Sandwich, MA $57,279 Siasconset, MA $56,830 Silver Beach, MA $56,993

Vineyard Haven, MA $56,895 Wareham, MA $57,009 West Chop, MA $56,895 West Falmouth, MA $56,993 West Tisbury, MA $56,830 West Wareham, MA $57,030 Hyannis, MA $56,917 Barnstable, MA $57,106

Brewster, MA $56,830 Centerville, MA $57,085 Chatham, MA $56,830 Cotuit, MA $57,122 Ipswich, MA $57,204 Cummaquid, MA $56,933 Lynnfield, MA $58,779 Manchester, MA $58,048

Marblehead, MA $60,251 Middleton, MA $57,312 Newburyport, MA $57,220 Newbury, MA $57,328 Salisbury, MA $56,852 Peabody, MA $60,288 Prides Crossing, MA $58,692 Rockport, MA $57,907

Rowley, MA $57,236 Salem, MA $60,288 South Hamilton, MA $57,204 Topsfield, MA $57,290 Wenham, MA $57,220 West Newbury, MA $57,328 Accord, MA $58,557 Bellingham, MA $55,921

Brant Rock, MA $58,313 Canton, MA $58,557 Cohasset, MA $59,352 Dedham, MA $60,359 Dover, MA $60,305 East Mansfield, MA $58,557 Dennis, MA $56,830 Dennis Port, MA $56,830

East Dennis, MA $56,830 Eastham, MA $56,830 East Orleans, MA $56,830 Forestdale, MA $57,204 Harwich, MA $56,830 Harwich Port, MA $56,830 Hyannis Port, MA $56,911 Marstons Mills, MA $57,182

Mashpee, MA $57,220 North Chatham, MA $56,830 North Eastham, MA $57,561 North Truro, MA $58,286 Orleans, MA $56,830 Osterville, MA $57,014 Provincetown, MA $58,178 South Chatham, MA $56,830

South Dennis, MA $56,830 South Harwich, MA $56,830 South Orleans, MA $56,830 South Wellfleet, MA $57,561 South Yarmouth, MA $56,830 Truro, MA $57,561 Wellfleet, MA $57,561 West Barnstable, MA $57,209

West Chatham, MA $56,830 West Dennis, MA $56,830 West Harwich, MA $56,830 West Hyannisport, MA $57,036 West Yarmouth, MA $56,830 Yarmouth Port, MA $56,830 Assonet, MA $57,063 Attleboro, MA $56,083

Chartley, MA $58,557 Cuttyhunk, MA $57,009 Dartmouth, MA $57,101 Dighton, MA $56,495 East Freetown, MA $57,101 East Taunton, MA $58,465 Fairhaven, MA $57,101 Fall River, MA $57,101

Somerset, MA $57,047 Marion, MA $57,101 Mattapoisett, MA $57,101 New Bedford, MA $57,101 Acushnet, MA $57,101

Underwriting Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on April 01, 2026

$52,446

Average $58,898/year

$64,766

$4,371

Average $4,908/month

$5,397

$1,009

Average $1,133/week

$1,246

$25

Average $28/hour

$31

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$64,766	$5,397	$1,246	$31
Average	$58,898	$4,908	$1,133	$28
25th Percentile	$52,446	$4,371	$1,009	$25

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