Business & Finance South Burlington, VT Pop. 20,292

Insurance Underwriter Salary in South Burlington, Vermont

The median insurance underwriter salary in South Burlington, VT is $84,089 per year, which is 8.0% above the national median and 6.9% above the Vermont state average.

City Median
$84,089
vs State Avg
+$5,450
vs National
+$6,229
Cost of Living
108%

Insurance Underwriter Salary in South Burlington by Experience

In South Burlington, an entry-level insurance underwriter earns around $54,000, while experienced professionals earn up to $124,200 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$54,000
+$4,000 vs national
Mid Level (3-7 yrs)
$84,240
+$6,240 vs national
Senior Level (8+ yrs)
$124,200
+$9,200 vs national

Salary Percentiles in South Burlington, VT

Percentile South Burlington
10th Percentile $52,488
25th Percentile $66,096
Median (50th) $84,089
75th Percentile $108,000
90th Percentile $136,512

Insurance Underwriter Salary in Other Vermont Cities

Burlington, VT
$85,646
Pop. 44,743
Essex, VT
$79,417
Pop. 22,044
Colchester, VT
$77,860
Pop. 17,658
Rutland, VT
$70,074
Pop. 15,807

How to Become a Insurance Underwriter in South Burlington

Education

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

Find Insurance Underwriter Jobs in South Burlington

Browse open insurance underwriter positions in South Burlington, VT:

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Frequently Asked Questions: Insurance Underwriter Salary in South Burlington

How much does a Insurance Underwriter make in South Burlington, VT? ▼
The median insurance underwriter salary in South Burlington, Vermont is $84,089 per year, which is 8.0% above the national median of $77,860. Salaries range from $52,488 (10th percentile) to $136,512 (90th percentile).
How much does a Insurance Underwriter make per hour in South Burlington? ▼
Based on the median annual salary of $84,089, a insurance underwriter in South Burlington earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does South Burlington compare to the Vermont state average for insurance underwriter pay? ▼
South Burlington's median insurance underwriter salary of $84,089 is 6.9% above the Vermont state average of $78,639. The local cost of living index is 108% of the national average.
What is the cost of living in South Burlington, VT? ▼
South Burlington has a cost of living index of 108% compared to the national average. This means a insurance underwriter salary of $84,089 in South Burlington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in South Burlington? ▼
Most insurance underwriter positions in South Burlington 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.