Business & Finance Burlington, VT Pop. 44,743

Insurance Underwriter Salary in Burlington, Vermont

The median insurance underwriter salary in Burlington, VT is $85,646 per year, which is 10.0% above the national median and 8.9% above the Vermont state average.

City Median
$85,646
vs State Avg
+$7,007
vs National
+$7,786
Cost of Living
110%

Insurance Underwriter Salary in Burlington by Experience

In Burlington, an entry-level insurance underwriter earns around $55,000, while experienced professionals earn up to $126,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$55,000
+$5,000 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$126,500
+$11,500 vs national

Salary Percentiles in Burlington, VT

Percentile Burlington
10th Percentile $53,460
25th Percentile $67,320
Median (50th) $85,646
75th Percentile $110,000
90th Percentile $139,040

Insurance Underwriter Salary in Other Vermont Cities

South Burlington, VT
$84,089
Pop. 20,292
Essex, VT
$79,417
Pop. 22,044
Colchester, VT
$77,860
Pop. 17,658
Rutland, VT
$70,074
Pop. 15,807

How to Become a Insurance Underwriter in Burlington

Education

Most insurance underwriter positions require a bachelor's degree. Burlington and the surrounding Vermont area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Burlington may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Burlington

Browse open insurance underwriter positions in Burlington, VT:

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Frequently Asked Questions: Insurance Underwriter Salary in Burlington

How much does a Insurance Underwriter make in Burlington, VT? ▼
The median insurance underwriter salary in Burlington, Vermont is $85,646 per year, which is 10.0% above the national median of $77,860. Salaries range from $53,460 (10th percentile) to $139,040 (90th percentile).
How much does a Insurance Underwriter make per hour in Burlington? ▼
Based on the median annual salary of $85,646, a insurance underwriter in Burlington earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Burlington compare to the Vermont state average for insurance underwriter pay? ▼
Burlington's median insurance underwriter salary of $85,646 is 8.9% above the Vermont state average of $78,639. The local cost of living index is 110% of the national average.
What is the cost of living in Burlington, VT? ▼
Burlington has a cost of living index of 110% compared to the national average. This means a insurance underwriter salary of $85,646 in Burlington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Burlington? ▼
Most insurance underwriter positions in Burlington require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.