Business & Finance Vermont (VT) Rank #17 of 50

Insurance Underwriter Salary in Vermont

The median insurance underwriter salary in Vermont is $78,639 per year, which is 1.0% above the national median of $77,860.

Median Salary
$78,639
vs National
+$779
State Rank
#17 of 50
Cost of Living
101%

Insurance Underwriter Salary in Vermont by Experience

In Vermont, an entry-level insurance underwriter earns around $50,500, while experienced professionals earn up to $116,150 per year. The cost of living index in Vermont is 101% of the national average.

Entry Level (0-2 yrs)
$50,500
+$500 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$116,150
+$1,150 vs national

Salary Percentiles in Vermont

Percentile VT Salary
10th Percentile $49,086
25th Percentile $61,812
Median (50th) $78,639
75th Percentile $101,000
90th Percentile $127,664

Major Cities for Insurance Underwriters in Vermont

The largest employment areas for insurance underwriters in Vermont include Burlington, Essex, South Burlington, and Colchester. Salaries in major metro areas may be higher due to increased demand and cost of living.

Burlington, VT
Metro area for insurance underwriter employment
Essex, VT
Metro area for insurance underwriter employment
South Burlington, VT
Metro area for insurance underwriter employment
Colchester, VT
Metro area for insurance underwriter employment
Rutland, VT
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Vermont

Education

Most insurance underwriter positions require a bachelor's degree. Vermont has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Vermont

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Vermont's demand may vary based on local industry trends.