Business & Finance Rutland, VT Pop. 15,807

Insurance Underwriter Salary in Rutland, Vermont

The median insurance underwriter salary in Rutland, VT is $70,074 per year, which is 10% below the national median and 10.9% below the Vermont state average.

City Median
$70,074
vs State Avg
$-8,565
vs National
$-7,786
Cost of Living
90%

Insurance Underwriter Salary in Rutland by Experience

In Rutland, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$45,000
$-5,000 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

Salary Percentiles in Rutland, VT

Percentile Rutland
10th Percentile $43,740
25th Percentile $55,080
Median (50th) $70,074
75th Percentile $90,000
90th Percentile $113,760

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
Colchester, VT
$77,860
Pop. 17,658

How to Become a Insurance Underwriter in Rutland

Education

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

Find Insurance Underwriter Jobs in Rutland

Browse open insurance underwriter positions in Rutland, VT:

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Frequently Asked Questions: Insurance Underwriter Salary in Rutland

How much does a Insurance Underwriter make in Rutland, VT? ▼
The median insurance underwriter salary in Rutland, Vermont is $70,074 per year, which is 10% below the national median of $77,860. Salaries range from $43,740 (10th percentile) to $113,760 (90th percentile).
How much does a Insurance Underwriter make per hour in Rutland? ▼
Based on the median annual salary of $70,074, a insurance underwriter in Rutland earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Rutland compare to the Vermont state average for insurance underwriter pay? ▼
Rutland's median insurance underwriter salary of $70,074 is 10.9% below the Vermont state average of $78,639. The local cost of living index is 90% of the national average.
What is the cost of living in Rutland, VT? ▼
Rutland has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $70,074 in Rutland has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Rutland? ▼
Most insurance underwriter positions in Rutland 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.