Insurance Agent Salary in Boston, MA

In Boston, MA, Insurance Agents enjoy a rewarding career with a competitive salary. The average yearly salary for an Insurance Agent in this city is approximately $82,769. This figure reflects a generous income, highlighting the value placed on this profession.

Salary can vary based on experience and skills. Entry-level Insurance Agents may start around $43,850, while those with more experience can earn significantly more. Mid-range salaries, such as $69,968 or $83,027, offer a comfortable living in the city. Top earners can even make upwards of $161,382 annually.

With opportunities for growth and advancement in the field, many Insurance Agents find satisfaction in their roles. As the demand for insurance products continues to grow, so does the potential for Agents to increase their earnings. Overall, choosing a career as an Insurance Agent in Boston comes with both financial rewards and professional fulfillment.

1. Waltham, MA
   Average Salary: $93,974
   Working in Waltham offers a great opportunity to connect with clients and help them find the right coverage. With major companies like Allstate and Liberty Mutual nearby, you can build a strong career in a supportive business environment.
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2. Quincy, MA
   Average Salary: $84,757
   Quincy presents a vibrant market for those in the insurance field. The presence of State Farm and other leading providers ensures a steady demand for knowledgeable professionals who can meet client needs.
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3. Cambridge, MA
   Average Salary: $79,500
   In Cambridge, you will find a diverse clientele with various insurance needs. Top companies like Farmers Insurance provide a unique chance to tailor solutions for individuals and businesses while expanding your professional network.
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4. South Boston, MA
   Average Salary: $77,731
   South Boston offers a dynamic setting for individuals looking to thrive in the insurance sector. The city's rapid growth and local firms such as Geico create a promising landscape for building long-term relationships with clients.
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1. State Street
   Average Salary: $147,500
   State Street offers competitive positions for Insurance Agents in Boston, MA. The company focuses on providing top-rated financial services, making it an excellent place for agents to grow their careers. The Boston location is a key hub for their operations.
   




2. Marcus & Millichap
   Average Salary: $91,000
   Marcus & Millichap is a national firm specializing in commercial real estate. Insurance Agents here benefit from a strong support system and extensive training. They operate in various markets, including Boston, giving agents a chance to work with diverse clients.
   




3. Advocate Health Advisors
   Average Salary: $90,417
   Advocate Health Advisors focuses on helping clients navigate Medicare and other health insurance options. The company values client relationships and provides agents in Boston, MA with the tools and training needed to succeed.
   




4. Comparion Insurance Agency
   Average Salary: $76,591
   Comparion Insurance Agency prides itself on providing personalized service to clients. Insurance Agents in Boston can expect a collaborative atmosphere and opportunities for professional growth within the agency's well-established framework.
   




5. Aflac
   Average Salary: $66,268
   Aflac is known for its supplemental insurance products. Insurance Agents in Boston can enjoy a flexible work environment and earn competitive commissions. The company supports agents with excellent resources, making it a great place to advance a career.
   




6. Phoenix Marketing and Advertising
   Average Salary: $58,436
   Phoenix Marketing and Advertising focuses on innovative marketing solutions, including insurance products. Agents in Boston work closely with clients to meet their needs, gaining valuable experience in a growing company.
   




7. National General Insurance
   Average Salary: $36,667
   National General Insurance offers a range of insurance products. While salaries begin lower, agents in Boston can benefit from a strong commission structure. The company provides training that helps agents improve their skills and increase their earnings over time.
   

1. Health Insurance Specialist
   Average Salary: $162,922
   In this role, you will help clients understand health policies and ensure they choose the best plans for their needs. Companies in Boston, like Blue Cross Blue Shield, look for individuals who can explain complex information clearly. You will also work with clients to address their concerns and handle claims.
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2. Actuary
   Average Salary: $156,119
   Actuaries analyze financial risks using mathematics and statistics. In Boston, firms such as Liberty Mutual rely on actuaries to assess risks and set policy prices. This position requires strong analytical skills and the ability to communicate findings clearly.
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3. Underwriter
   Average Salary: $130,534
   As an underwriter, you will assess risk for individuals and businesses seeking insurance coverage. Companies such as The Hartford in Boston need underwriters to determine if applications are valid and set appropriate premiums. This job requires strong decision-making skills and attention to detail.
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4. Loss Control Consultant
   Average Salary: $115,519
   In this role, you will assess clients' operations to identify and reduce potential risks. Many businesses in Boston hire consultants from firms like Aon to help develop safer practices and lower insurance costs. You will collaborate with clients, providing expert advice to protect their assets.
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5. Financial Advisor
   Average Salary: $101,601
   Financial advisors guide clients in managing their investments and insurance needs. Boston has several firms, such as Edward Jones, that seek professionals who can create personalized financial plans. Building trust and fostering long-term relationships with clients are key to success in this position.
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6. Insurance Analyst
   Average Salary: $84,567
   Insurance analysts study data to evaluate policy performance and market trends. Companies like Geico in Boston often look for detail-oriented individuals to support strategic decisions. This position involves making recommendations based on thorough research and analysis.
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7. Sales Manager
   Average Salary: $81,874
   Sales managers lead teams to achieve targets while promoting insurance products to potential clients. In Boston, firms like State Farm want experienced professionals who can inspire their teams. Strong leadership and communication skills are essential for driving sales performance.
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8. Network Contractor
   Average Salary: $80,150
   Network contractors focus on building relationships with insurance agents and brokers to expand service offerings. In Boston, companies often seek individuals who can effectively manage these relationships for mutual growth. This role requires strong networking and persuasive skills.
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9. Insurance Broker
   Average Salary: $64,075
   As an insurance broker, your role involves connecting clients with the right insurance policies for their needs. Boston features many successful brokerages like Marsh & McLennan, which value brokers who can advocate for their clients. Strong negotiation skills and market knowledge will help you stand out.
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10. Crew Leader
    Average Salary: $57,737
    Crew leaders supervise teams in various operational settings, ensuring safety and efficiency. Companies in Boston may look for leaders who can manage risks and implement best practices to maintain compliance. This role blends leadership with hands-on problem-solving skills.
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