How much does a Insurance Agent make in Boston, MA?
In Boston, MA, an insurance agent can expect to earn a competitive salary. The average yearly salary stands at around $86,718. This figure provides a solid financial foundation for professionals in the industry. The salary range varies, offering opportunities for growth and advancement.
Breaking down the salary data, agents can expect to earn anywhere from $45,500 to $240,000 per year. Here is a quick look at the distribution of salaries:
- 36.63% earn less than $63,182
- 28.61% earn between $63,182 and $80,864
- 6.87% earn between $80,864 and $98,545
- 10.30% earn between $98,545 and $116,227
- 1.14% earn between $116,227 and $133,909
- 2.29% earn between $133,909 and $151,591
- 0.00% earn between $151,591 and $169,273
- 1.14% earn between $169,273 and $186,955
- 1.14% earn between $186,955 and $204,636
- 2.29% earn between $204,636 and $222,318
- 4.58% earn more than $222,318
These numbers reflect a healthy range of earnings, showcasing the potential for higher salaries with experience and expertise.
What are the highest paying cities for a Insurance Agent near Boston, MA?
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Waltham, MA
Average Salary: $84,526
Waltham offers a bustling insurance sector, with top firms like MassMutual and John Hancock nearby. Agents thrive on their client-focused services and competitive benefits. The community's strong economy supports a steady flow of clients.
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Medford, MA
Average Salary: $82,167
In Medford, insurance professionals work in a vibrant community, with prominent companies like Liberty Mutual nearby. They enjoy a mix of urban and suburban elements, making it ideal for balancing work and life. A diverse client base offers varied opportunities.
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Cambridge, MA
Average Salary: $79,000
Cambridge boasts a dynamic environment for insurance agents, with employers like Blue Cross Blue Shield of Massachusetts providing excellent support. The city's emphasis on education and innovation fosters a thriving business atmosphere.
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South Boston, MA
Average Salary: $76,143
South Boston is a hub for insurance professionals, with major employers like Liberty Mutual and Blue Cross Blue Shield. The area's growth and development offer many opportunities. The city's diverse community presents unique client needs.
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Somerville, MA
Average Salary: $74,100
Somerville features a thriving insurance market, with notable employers such as John Hancock. Agents benefit from the city's strong sense of community and diverse client base. Somerville's innovative spirit supports a competitive work environment.
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Quincy, MA
Average Salary: $69,243
Quincy offers a stable insurance industry, with companies like Blue Cross Blue Shield of Massachusetts providing solid opportunities. The area's family-friendly environment supports work-life balance. Quincy's growing market attracts a steady flow of clients.
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What are the best paying companies for a Insurance Agent in Boston, MA?
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Marcus & Millichap
Average Salary: $226,933
Marcus & Millichap is a global commercial real estate leader. Insurance Agents here get to offer comprehensive plans to real estate professionals. The company operates in Boston, MA and other key locations across the globe.
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Guardian Life
Average Salary: $116,677
Guardian Life offers a variety of insurance solutions, including life, annuities, and retirement plans. Working at Guardian Life as an Insurance Agent involves offering personalized coverage to clients. The company's main office is in Boston, MA, with additional offices around the country.
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Advocate Health Advisors
Average Salary: $90,417
Advocate Health Advisors focuses on providing healthcare solutions. Their Insurance Agents here are dedicated to ensuring clients get the best healthcare coverage. The company operates in Boston, MA and other major cities.
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Comparion Insurance Agency
Average Salary: $75,667
Comparion Insurance Agency offers a wide range of insurance services. Insurance Agents here work closely with clients to tailor insurance solutions to their needs. The agency has offices in Boston, MA and various other locations.
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Aflac
Average Salary: $75,470
Aflac provides supplemental insurance to help cover out-of-pocket costs. As an Insurance Agent at Aflac, you'll help clients protect their financial well-being. Aflac has a strong presence in Boston, MA and other key markets.
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RemX Specialty Staffing
Average Salary: $51,458
RemX Specialty Staffing focuses on connecting healthcare professionals with employers. Insurance Agents here work to ensure healthcare workers have the right insurance. The company operates in Boston, MA and various other locations.
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AAA Northeast
Average Salary: $48,905
AAA Northeast offers a range of services, including auto insurance. Insurance Agents here help members find the right coverage. AAA Northeast has a significant presence in Boston, MA and other parts of the region.
What are the best paying Insurance Agent related jobs in Boston, MA?
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Actuary
Average Salary: $163,880
Actuaries assess risks and financial impact using mathematics. They work with big firms like Boston Mutual and State Street. They ensure policies are fair and profitable.
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Underwriter
Average Salary: $117,967
Underwriters evaluate risk for insurance companies. They work at companies like Liberty Mutual. They determine who qualifies for coverage and the terms of the policy.
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Health Insurance Specialist
Average Salary: $112,897
Specialists handle health insurance claims and policy details. They often work for companies such as Blue Cross Blue Shield. They help customers understand their health coverage.
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Insurance Analyst
Average Salary: $105,807
Analysts review data to improve company policies. They work at firms like MassMutual. They use statistics to find ways to cut costs and improve services.
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Financial Advisor
Average Salary: $103,887
Advisors help clients manage their finances. They work with firms like Edward Jones. They give advice on investments, retirement, and insurance.
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Sales Manager
Average Salary: $97,738
Sales managers lead teams to meet sales goals. They work for companies such as State Street. They develop strategies and motivate their team.
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Business Analyst
Average Salary: $97,195
Analysts study company operations and suggest improvements. They work at companies like Liberty Mutual. They use data to find ways to improve efficiency.
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Loss Control Consultant
Average Salary: $96,865
Consultants help companies reduce risks. They work for firms such as Liberty Mutual. They provide training and safety advice to prevent losses.
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Customer Service Agent
Average Salary: $57,243
Agents handle customer inquiries and complaints. They work at companies like State Street. They help customers with their questions and issues.
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Customer Service Representative
Average Salary: $43,618
Representatives assist customers over the phone or in person. They work at companies such as Blue Cross Blue Shield. They handle policy questions and provide support.
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