Business & Finance Colchester, VT Pop. 17,658

Insurance Underwriter Salary in Colchester, Vermont

The median insurance underwriter salary in Colchester, VT is $77,860 per year, which is 0.0% above the national median and 1% below the Vermont state average.

City Median
$77,860
vs State Avg
$-779
vs National
+$0
Cost of Living
100%

Insurance Underwriter Salary in Colchester by Experience

In Colchester, an entry-level insurance underwriter earns around $50,000, while experienced professionals earn up to $115,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$50,000
+$0 vs national
Mid Level (3-7 yrs)
$78,000
+$0 vs national
Senior Level (8+ yrs)
$115,000
+$0 vs national

Salary Percentiles in Colchester, VT

Percentile Colchester
10th Percentile $48,600
25th Percentile $61,200
Median (50th) $77,860
75th Percentile $100,000
90th Percentile $126,400

Insurance Underwriter Salary in Other Vermont Cities

Burlington, VT
$85,646
Pop. 44,743
South Burlington, VT
$84,089
Pop. 20,292
Essex, VT
$79,417
Pop. 22,044
Rutland, VT
$70,074
Pop. 15,807

How to Become a Insurance Underwriter in Colchester

Education

Most insurance underwriter positions require a bachelor's degree. Colchester 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 Colchester may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Colchester

Browse open insurance underwriter positions in Colchester, VT:

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Frequently Asked Questions: Insurance Underwriter Salary in Colchester

How much does a Insurance Underwriter make in Colchester, VT? ▼
The median insurance underwriter salary in Colchester, Vermont is $77,860 per year, which is 0.0% above the national median of $77,860. Salaries range from $48,600 (10th percentile) to $126,400 (90th percentile).
How much does a Insurance Underwriter make per hour in Colchester? ▼
Based on the median annual salary of $77,860, a insurance underwriter in Colchester earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Colchester compare to the Vermont state average for insurance underwriter pay? ▼
Colchester's median insurance underwriter salary of $77,860 is 1% below the Vermont state average of $78,639. The local cost of living index is 100% of the national average.
What is the cost of living in Colchester, VT? ▼
Colchester has a cost of living index of 100% compared to the national average. This means a insurance underwriter salary of $77,860 in Colchester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Colchester? ▼
Most insurance underwriter positions in Colchester 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.