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
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.