Business Underwriter Salaries in Massachusetts
How Much Does a Business Underwriter Make in Massachusetts?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Business Underwriter in Massachusetts is $69,193.
While Salary.com is seeing that Business Underwriter salary in MA can go up to $76,193
or down to $46,006, but most earn between $57,056 and $72,857.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Underwriter
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Similar Job Salaries to Business Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
CrossCover Insurance Services
Underwriter
|
$77,667/yr
|
RANGE: $70,251 - $85,083
|
|
Liberty Mutual Insurance
Underwriter
|
$77,667/yr
|
RANGE: $70,251 - $85,083
|
|
Liberty Mutual
Underwriter
|
$75,380/yr
|
RANGE: $68,183 - $82,578
|
|
Spieldenner Group Inc.
Field Underwriter
|
$101,642/yr
|
RANGE: $89,205 - $114,079
|
|
Great American Insurance Group
Senior Underwriter
|
$102,742/yr
|
RANGE: $93,262 - $112,222
|
|
RemoteWorker UK
Technical Underwriter
|
$72,282/yr
|
RANGE: $65,121 - $79,443
|
|
CrossCover Insurance Services
Senior Underwriter
|
$121,191/yr
|
RANGE: $109,475 - $132,907
|
|
SAFETY INSURANCE COMPANY
Commercial Underwriter
|
$75,445/yr
|
RANGE: $67,971 - $82,920
|
|
UFG
Small Business Underwriter
|
$64,408/yr
|
RANGE: $58,027 - $70,789
|
Top 10 Highest Paying Cities For Business Underwriter Jobs in Massachusetts
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Business Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Business Underwriter job salaries in Massachusetts.
Some cities can pay higher salaries for Business Underwriter jobs, which can indicate that there is a large demand for Business Underwriter positions in this city.
The following table shows top 10 cities where the Business Underwriter salary is higher than other cities in Massachusetts.
Boston takes first place in this list, followed by Cambridge, Waltham.
The Business Underwriter salary is $71,292 in Boston,
which is higher than the national average. There are 36 cities' Business Underwriter salary higher than national average in Massachusetts.
The average salary for a Business Underwriter in Massachusetts is $69,193,
but we found that the city with the highest salary for Business Underwriter jobs is Boston, MA, and it is higher than Cambridge.
Business Underwriter jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boston | $71,292 | $5,941 | $1,371 | $34 |
| Cambridge | $71,292 | $5,941 | $1,371 | $34 |
| Waltham | $71,292 | $5,941 | $1,371 | $34 |
| Newton | $71,292 | $5,941 | $1,371 | $34 |
| Arlington | $71,292 | $5,941 | $1,371 | $34 |
| Brookline | $71,292 | $5,941 | $1,371 | $34 |
| Lynn | $71,292 | $5,941 | $1,371 | $34 |
| Malden | $71,292 | $5,941 | $1,371 | $34 |
| Medford | $71,292 | $5,941 | $1,371 | $34 |
| Quincy | $71,292 | $5,941 | $1,371 | $34 |
What Does a Business Underwriter Do?
In general, underwriters are tasked with determining the level of the risk involved in a transaction or other kind of business decision.
Updated December 15, 2021
The purpose of this position is to provide support to underwriter(s) in producing, servicing and analyzing risks of new and renewal business.
Updated December 03, 2021
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Explore JobArchitectFrequently Asked Questions About a Business Underwriter Salaries
What is the average of a Business Underwriter in Massachusetts?
The Business Underwriter salary range is from $57,056 to $72,857, and the average Business Underwriter salary is $69,193/year in Massachusetts.
The Business Underwriter's salary will change in different locations.
Which location pays the highest Business Underwriter salary in the United States?
The Business Underwriter salary in San Jose, CA is $79,814
which is the highest in the US.
What kinds of reasons will influence the Business Underwriter's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Business Underwriter.
What is the growth rate of the Business Underwriter's salary?
If you are thinking of becoming a Business Underwriter or planning the next step in your career, find the detailed salary report of a Business Underwriter.
