What are the main factors that influence an Insurance Product Development Director's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Insurance Product Development Director?

The Financial Services industry offers the highest average compensation for Insurance Product Development Director roles, with salaries approximately 30% above the market median.

How does experience change An Insurance Product Development Director's salary?

An Insurance Product Development Director's salary grows with experience: starting around $162,232 for beginners, reaching about $164,782 at mid-level, and approach $169,700 for experts.

What are the highest paying states for an Insurance Product Development Director?

Insurance Product Development Director salary varies significantly by state. The top 3 highest paying states for Insurance Product Development Director roles are District of Columbia $191,434, California $190,708, Massachusetts $188,166. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Product Development Director roles make?

Salaries for Insurance Product Development Director level roles vary by specialization: SVP of Insurance Product Development: $253,404; Product Development Director: $221,145; VP of Insurance Product Development: $205,265; Director of Insurance Product Development and Design: $172,900; Sr Manager of Insurance Product Development and Design: $169,100.

Insurance Product Development Director Salary in Vermont

How much does an Insurance Product Development Director make in Vermont?

As of August 01, 2026, the average salary for an Insurance Product Development Director in Vermont is $169,700 per year, which breaks down to an hourly rate of $82.

However, an Insurance Product Development Director's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $191,232
Majority Range (25th-75th percentile): $157,495 to $180,971
Entry-Level (10th percentile): $146,383

10% $146,383

50% (Median) $169,700

90% $191,232

Insurance Product Development Director Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$180,971	$15,081	$3,480	$87
Average	$169,700	$14,142	$3,263	$82
25th Percentile	$157,495	$13,125	$3,029	$76

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Key Factors That Influence Insurance Product Development Director Salaries

An Insurance Product Development Director's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Insurance Product Development Director Salaries?

Experience is a primary driver of an Insurance Product Development Director's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $162,232
Early Career (1-2 years): $163,325
Mid-Level (2-4 years): $164,782
Senior-Level (5-8 years): $166,968
Expert (over 8 years): $169,700

Levels	Salary
Entry Level Insurance Product Development Director	$162,232
Intermediate Level Insurance Product Development Director	$163,325
Senior Level Insurance Product Development Director	$164,782
Specialist Level Insurance Product Development Director	$166,968
Expert Level Insurance Product Development Director	$169,700

View as Graph

How Do Insurance Product Development Directors Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Insurance Product Development Directors. For example, consider the average annual salaries in these key locations:

District of Columbia: $191,434.
California: $190,708.
Massachusetts: $188,166.

District of Columbia $191,434 California $190,708 Massachusetts $188,166 Washington $187,474 New Jersey $187,405 Alaska $187,163 Connecticut $184,777 New York $183,809

Hawaii $180,714 Rhode Island $179,262 Maryland $178,276 Minnesota $176,928 Colorado $176,409 Illinois $176,236 Oregon $175,579 Delaware $175,095

New Hampshire $174,791 Virginia $174,109 Pennsylvania $172,121 Nevada $171,118 North Dakota $170,790 Michigan $170,271 Wisconsin $170,081 Vermont $169,700

Texas $168,646 Maine $168,577 Arizona $168,473 Ohio $168,352 Georgia $166,761 Indiana $165,966 Wyoming $165,810 Utah $165,568

Iowa $165,464 Kansas $164,634 Louisiana $164,392 North Carolina $164,306 Missouri $164,271 Florida $163,597 Montana $163,234 Nebraska $162,888

Kentucky $162,698 South Carolina $162,006 Tennessee $161,574 Idaho $161,401 New Mexico $160,139 Oklahoma $159,862 Alabama $158,842 South Dakota $157,131

Arkansas $156,197 West Virginia $155,696 Mississippi $154,191

Top Paying Cities for Insurance Product Development Director

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Adamant: $173,703
Barre: $173,964
Cabot: $173,582

Adamant, VT $173,703 Barre, VT $173,964 Cabot, VT $173,582 Calais, VT $173,734 East Barre, VT $173,700 East Calais, VT $173,703 East Montpelier, VT $173,819 Eden, VT $173,589

Eden Mills, VT $173,432 Graniteville, VT $173,954 Hyde Park, VT $173,845 Johnson, VT $174,064 Lake Elmore, VT $173,651 Marshfield, VT $173,611 Moretown, VT $174,076 Morrisville, VT $174,056

Moscow, VT $174,144 Northfield, VT $173,864 Northfield Falls, VT $174,676 North Hyde Park, VT $173,833 North Montpelier, VT $173,658 Plainfield, VT $173,634 Roxbury, VT $173,340 South Barre, VT $174,166

Waterbury, VT $174,127 Stowe, VT $174,151 Waitsfield, VT $174,054 Warren, VT $173,729 Washington, VT $173,390 Waterbury Center, VT $174,121 Websterville, VT $173,926 Williamstown, VT $173,724

Wolcott, VT $173,629 Woodbury, VT $173,457 Worcester, VT $173,630 Rutland, VT $173,625 Belmont, VT $173,089 Benson, VT $173,087 Bomoseen, VT $173,361 Brandon, VT $173,489

Bridport, VT $173,508 Castleton, VT $173,393 Center Rutland, VT $173,513 Chittenden, VT $173,113 Cuttingsville, VT $173,053 Danby, VT $173,349 East Middlebury, VT $173,603 East Poultney, VT $173,368

East Wallingford, VT $173,179 Fair Haven, VT $173,241 Florence, VT $173,181 Forest Dale, VT $173,496 Gaysville, VT $172,394 Granville, VT $173,208 Hancock, VT $173,181 Hydeville, VT $173,381

Killington, VT $173,162 Middlebury, VT $173,871 Middletown Springs, VT $173,274 Mount Holly, VT $173,113 North Clarendon, VT $173,368 Orwell, VT $173,349 Pawlet, VT $173,411 Pittsfield, VT $173,262

Pittsford, VT $173,428 Poultney, VT $173,395 Proctor, VT $173,587 Ripton, VT $173,387 Rochester, VT $173,297 Rupert, VT $173,279 Salisbury, VT $173,556 Shoreham, VT $173,409

Stockbridge, VT $173,101 Wallingford, VT $173,195 Wells, VT $173,418 West Pawlet, VT $173,476 West Rupert, VT $173,435 West Rutland, VT $173,330 Whiting, VT $173,416 Saint Johnsbury, VT $173,603

Albany, VT $173,502 Barnet, VT $173,418 Barton, VT $173,483 Beebe Plain, VT $173,535 Concord, VT $173,253 Coventry, VT $173,738 Craftsbury, VT $173,553 Craftsbury Common, VT $173,561

Danville, VT $173,456 Derby, VT $173,535 Derby Line, VT $173,406 East Burke, VT $173,400 East Charleston, VT $173,418 East Hardwick, VT $173,511 East Haven, VT $173,022 East Saint Johnsbury, VT $173,599

Glover, VT $173,432 Granby, VT $172,809 Greensboro, VT $173,373 Greensboro Bend, VT $173,483 Hardwick, VT $173,675 Irasburg, VT $173,440 Island Pond, VT $173,157 Lowell, VT $173,381

Lower Waterford, VT $173,580 Lyndon, VT $173,549 Lyndon Center, VT $173,744 Lyndonville, VT $173,556 Morgan, VT $173,243 Newport, VT $173,639 Newport Center, VT $173,418 North Concord, VT $172,965

North Troy, VT $173,442 Orleans, VT $173,376 Passumpsic, VT $173,613 Peacham, VT $173,264 Saint Johnsbury Center, VT $173,618 Sheffield, VT $173,310 Sutton, VT $173,297 Troy, VT $173,459

West Burke, VT $173,413 West Charleston, VT $173,331 West Danville, VT $173,466 Westfield, VT $173,328 West Glover, VT $173,447 Averill, VT $172,437 Beecher Falls, VT $173,556 Canaan, VT $173,124

Gilman, VT $173,886 Guildhall, VT $172,896 Lunenburg, VT $173,272 Norton, VT $172,783 North Bennington, VT $174,713 North Pownal, VT $175,065 Pownal, VT $175,164 White River Junction, VT $173,580

Ascutney, VT $173,661 Barnard, VT $173,186 Bethel, VT $173,293 Bradford, VT $173,475 Bridgewater, VT $173,364 Bridgewater Corners, VT $173,020 Brookfield, VT $173,463 Brownsville, VT $173,368

Chelsea, VT $173,362 Corinth, VT $173,316 East Corinth, VT $173,388 East Randolph, VT $173,421 East Ryegate, VT $173,271 East Thetford, VT $173,485 Fairlee, VT $173,298 Groton, VT $173,345

Hartford, VT $174,031 Hartland, VT $173,423 Hartland Four Corners, VT $173,416 Mc Indoe Falls, VT $173,862 Newbury, VT $173,324 North Hartland, VT $173,546 North Pomfret, VT $173,248 North Thetford, VT $173,482

Norwich, VT $173,447 Plymouth, VT $172,896 Post Mills, VT $173,444 Quechee, VT $173,623 Randolph, VT $173,592 Randolph Center, VT $173,504 Reading, VT $173,039 Sharon, VT $173,290

South Pomfret, VT $173,124 South Royalton, VT $173,340 South Ryegate, VT $173,374 South Strafford, VT $173,331 South Woodstock, VT $173,082 Strafford, VT $173,181 Taftsville, VT $173,637 Thetford, VT $173,485

Thetford Center, VT $173,304 Topsham, VT $173,252 Tunbridge, VT $173,285 Vershire, VT $173,203 Wells River, VT $173,387 West Fairlee, VT $173,705 West Hartford, VT $173,252 West Newbury, VT $173,319

West Topsham, VT $173,390 Wilder, VT $174,040 Windsor, VT $173,494 Woodstock, VT $173,281 Bellows Falls, VT $173,914 Cambridgeport, VT $173,715 Cavendish, VT $173,138 Chester, VT $173,310

Chester Depot, VT $173,248 Grafton, VT $173,179 Londonderry, VT $173,490 Ludlow, VT $173,228 North Springfield, VT $173,833 Perkinsville, VT $173,361 Peru, VT $173,309 Proctorsville, VT $173,167

Saxtons River, VT $173,878 South Londonderry, VT $173,598 Springfield, VT $173,748 Westminster, VT $173,912 Westminster Station, VT $173,924 Weston, VT $173,131 Shaftsbury, VT $174,505 Brattleboro, VT $174,268

Bondville, VT $173,547 East Dover, VT $173,900 Jacksonville, VT $174,338 Jamaica, VT $173,551 Marlboro, VT $175,131 Newfane, VT $173,786 Putney, VT $173,750 Readsboro, VT $175,152

South Newfane, VT $173,846 Stamford, VT $175,026 Townshend, VT $173,629 Vernon, VT $174,801 Wardsboro, VT $173,755 West Dover, VT $174,040 West Dummerston, VT $173,829 West Halifax, VT $174,097

West Townshend, VT $173,395 West Wardsboro, VT $173,399 Whitingham, VT $174,275 Williamsville, VT $173,829 Wilmington, VT $174,170 Burlington, VT $174,645 South Burlington, VT $174,635 Winooski, VT $174,645

Colchester, VT $174,645 Alburgh, VT $173,774 Bakersfield, VT $174,031 Belvidere Center, VT $173,400 Bristol, VT $174,068 Cambridge, VT $174,275 Charlotte, VT $174,408 East Berkshire, VT $173,864

East Fairfield, VT $174,123 Enosburg Falls, VT $173,642 Essex, VT $174,512 Essex Junction, VT $174,524 Fairfax, VT $174,287 Fairfield, VT $174,120 Ferrisburgh, VT $174,215 Franklin, VT $173,653

Grand Isle, VT $174,305 Highgate Center, VT $173,800 Highgate Springs, VT $173,888 Hinesburg, VT $174,405 Huntington, VT $174,274 Isle La Motte, VT $173,990 Jeffersonville, VT $174,158 Jericho, VT $174,367

Jonesville, VT $174,403 Milton, VT $174,450 Monkton, VT $174,265 Montgomery, VT $173,642 Montgomery Center, VT $173,432 New Haven, VT $174,047 North Ferrisburgh, VT $174,293 North Hero, VT $174,120

Richford, VT $173,613 Richmond, VT $174,386 Saint Albans, VT $174,197 Saint Albans Bay, VT $174,175 Shelburne, VT $174,567 Sheldon, VT $173,990 Sheldon Springs, VT $174,417 South Hero, VT $174,462

Starksboro, VT $174,170 Swanton, VT $173,959 Underhill, VT $174,327 Underhill Center, VT $174,332 Vergennes, VT $173,993 Waterville, VT $174,052 Westford, VT $174,414 Williston, VT $174,545

Montpelier, VT $173,936 Bennington, VT $174,841 Arlington, VT $174,225 Dorset, VT $173,547 East Arlington, VT $173,482 East Dorset, VT $173,551 Manchester, VT $174,019 Manchester Center, VT $173,905

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $183,143. While startup companies pay approximate $155,307.

Insurance Product Development Director Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$155,307
Growth Stage	51~500	$164,173
Established	501~5000	$176,939
Enterprise	5000+	$183,143

Insurance Product Development Director Salary by Industry: Top Paying Sectors

For Insurance Product Development Director roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 30% above the average. In contrast, Insurance Product Development Director positions in Healthcare or Insurance typically offer lower base pay, as these industries often view Insurance Product Development Director as a support function rather than a direct revenue driver.

The top paying industries for an Insurance Product Development Director

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$224,769	$108.0	30%
Business Services	$198,834	$96.0	15%

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Product Development Director's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$157,495

Average $169,700/year

$180,971

$13,125

Average $14,142/month

$15,081

$3,029

Average $3,263/week

$3,480

$76

Average $82/hour

$87

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$180,971	$15,081	$3,480	$87
Average	$169,700	$14,142	$3,263	$82
25th Percentile	$157,495	$13,125	$3,029	$76

Insurance Product Development Director Salary Growth & Career Path

Insurance Product Development Director

Next Role

Promotions are the fastest way to increase your earnings. As an Insurance Product Development Director, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Insurance Product Development Director Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
SVP of Dental Program Development	$321,926	90%
SVP of Government Program Development	$385,836	127%
SVP of Medicaid Program Development	$351,369	107%
VP of Medicare Program Development	$315,228	86%

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Insurance Product Development Director Salary in Vermont

How much does an Insurance Product Development Director make in Vermont?

Key Factors That Influence Insurance Product Development Director Salaries

How Experience Level Affects Insurance Product Development Director Salaries?

How Do Insurance Product Development Directors Salaries Vary from State to State?

Top Paying Cities for Insurance Product Development Director

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director Salary by Company Size

Insurance Product Development Director Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Product Development Director

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Insurance Product Development Director Salary Growth & Career Path

Find Your Next Insurance Product Development Director Job

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Cost of Living In Vermont

Where Does Our Salary Data Come From?

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Insurance Product Development Director Salary in Vermont

How much does an Insurance Product Development Director make in Vermont?

Key Factors That Influence Insurance Product Development Director Salaries

How Experience Level Affects Insurance Product Development Director Salaries?

How Do Insurance Product Development Directors Salaries Vary from State to State?

Top Paying Cities for Insurance Product Development Director

Insurance Product Development Director Salary by Company Size: Startups vs. Enterprise

Insurance Product Development Director Salary by Company Size

Insurance Product Development Director Salary by Industry: Top Paying Sectors

The top paying industries for an Insurance Product Development Director

Insurance Product Development Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Insurance Product Development Director Salary Growth & Career Path

Salaries of Jobs related to Insurance Product Development Directors

Find Your Next Insurance Product Development Director Job

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Cost of Living In Vermont

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