Business & Finance Essex, VT Pop. 22,044

Insurance Underwriter Salary in Essex, Vermont

The median insurance underwriter salary in Essex, VT is $79,417 per year, which is 2.0% above the national median and 1.0% above the Vermont state average.

City Median
$79,417
vs State Avg
+$778
vs National
+$1,557
Cost of Living
102%

Insurance Underwriter Salary in Essex by Experience

In Essex, an entry-level insurance underwriter earns around $51,000, while experienced professionals earn up to $117,300 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$51,000
+$1,000 vs national
Mid Level (3-7 yrs)
$79,560
+$1,560 vs national
Senior Level (8+ yrs)
$117,300
+$2,300 vs national

Salary Percentiles in Essex, VT

Percentile Essex
10th Percentile $49,572
25th Percentile $62,424
Median (50th) $79,417
75th Percentile $102,000
90th Percentile $128,928

Insurance Underwriter Salary in Other Vermont Cities

Burlington, VT
$85,646
Pop. 44,743
South Burlington, VT
$84,089
Pop. 20,292
Colchester, VT
$77,860
Pop. 17,658
Rutland, VT
$70,074
Pop. 15,807

How to Become a Insurance Underwriter in Essex

Education

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

Find Insurance Underwriter Jobs in Essex

Browse open insurance underwriter positions in Essex, VT:

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Frequently Asked Questions: Insurance Underwriter Salary in Essex

How much does a Insurance Underwriter make in Essex, VT? ▼
The median insurance underwriter salary in Essex, Vermont is $79,417 per year, which is 2.0% above the national median of $77,860. Salaries range from $49,572 (10th percentile) to $128,928 (90th percentile).
How much does a Insurance Underwriter make per hour in Essex? ▼
Based on the median annual salary of $79,417, a insurance underwriter in Essex earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Essex compare to the Vermont state average for insurance underwriter pay? ▼
Essex's median insurance underwriter salary of $79,417 is 1.0% above the Vermont state average of $78,639. The local cost of living index is 102% of the national average.
What is the cost of living in Essex, VT? ▼
Essex has a cost of living index of 102% compared to the national average. This means a insurance underwriter salary of $79,417 in Essex has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Essex? ▼
Most insurance underwriter positions in Essex 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.