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 Overview in Vermont (2026)

Vermont ranks #17 out of 50 states for insurance underwriter compensation. Vermont falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $78,639 per year, insurance underwriters in Vermont earn $779 more than the national median of $77,860.

Vermont's cost of living is near the national average at 101%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.

The salary spread in Vermont is significant: insurance underwriters at the 10th percentile earn $49,086, while those at the 90th percentile bring home $127,664 — a $78,578 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Vermont for this role is Burlington, where the median reaches $85,646.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

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

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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

Insurance Underwriter Salary by City in Vermont

The largest employment areas for insurance underwriters in Vermont include Burlington, Essex, South Burlington, and Colchester. Salaries vary by city based on local cost of living and demand.

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.

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Frequently Asked Questions: Insurance Underwriter Salary in Vermont

How much does a Insurance Underwriter make 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. Salaries range from $49,086 (10th percentile) to $127,664 (90th percentile).
How much does a Insurance Underwriter make per hour in Vermont? ▼
Based on the median annual salary of $78,639, a insurance underwriter in Vermont earns approximately $38 per hour assuming a standard 2,080-hour work year.
Is Vermont a good state for insurance underwriters? ▼
Vermont ranks #17 out of 50 states for insurance underwriter pay. The cost of living index is 101% of the national average. Entry-level insurance underwriters earn $50,500, while senior professionals earn $116,150.
How does Vermont compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Vermont's median of $78,639 ranks #17 nationally. Nearby-ranked states include Colorado ($81,753) and Illinois ($78,639).
What is the entry-level insurance underwriter salary in Vermont? ▼
An entry-level insurance underwriter in Vermont earns approximately $50,500 per year. With 3-7 years of experience, pay increases to around $78,780. Senior-level professionals with 8+ years earn up to $116,150.
What city in Vermont pays insurance underwriters the most? ▼
Burlington is the highest paying city in Vermont for insurance underwriters, with a median salary of $85,646. Other cities include Essex and South Burlington.