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

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.