How much does a Life Insurance Underwriter make in Rutland, VT? The average Life Insurance Underwriter salary in Rutland, VT is $56,836 as of August 27, 2024, but the salary range typically falls between $51,112 and $63,667. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
A Life Insurance Underwriter is responsible for evaluating and assessing the risk associated with insuring individuals or businesses for life insurance policies. They review applications, medical records, and other relevant information to determine the likelihood of a policyholder making a claim. Underwriters use this information to calculate premiums and determine coverage limits. They also work closely with actuaries and other insurance professionals to ensure that policies are priced appropriately and in line with company guidelines. Additionally, they may communicate with agents and policyholders to gather additional information and clarify any discrepancies. Strong analytical skills, attention to detail, and a thorough understanding of insurance regulations are essential for success in this role.
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Average Salary | Average Salary Range | |
---|---|---|
Base Salary | $56,836 | $51,112 - $63,667 |
Bonus | $2,132 | $2,304 - $2,748 |
Total Pay | $58,967 | $53,415 - $66,415 |
CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Rutland, VT |
---|---|---|
CITY, STATE Bennington, VT | AVERAGE SALARY RANGE $51,737 - $64,446 | COMPARE TO Rutland, VT |
CITY, STATE Barre, VT | AVERAGE SALARY RANGE $50,022 - $62,309 | COMPARE TO Rutland, VT |
CITY, STATE Keene, NH | AVERAGE SALARY RANGE $53,028 - $66,055 | COMPARE TO Rutland, VT |
CITY, STATE Montpelier, VT | AVERAGE SALARY RANGE $50,022 - $62,309 | COMPARE TO Rutland, VT |
CITY, STATE Troy, NY | AVERAGE SALARY RANGE $51,900 - $64,649 | COMPARE TO Rutland, VT |
CITY, STATE South Burlington, VT | AVERAGE SALARY RANGE $50,482 - $62,883 | COMPARE TO Rutland, VT |
JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
---|---|---|---|
JOB TITLE Life Insurance Underwriter III | LOCATION Rutland, VT | MINIMUM SALARY $87,900 | MAXIMUM SALARY $107,800 |
JOB TITLE Life Insurance Underwriter I | LOCATION Rutland, VT | MINIMUM SALARY $50,720 | MAXIMUM SALARY $63,210 |
JOB TITLE Life Insurance Underwriter II | LOCATION Rutland, VT | MINIMUM SALARY $64,150 | MAXIMUM SALARY $81,750 |
JOB TITLE Life Insurance Field Underwriter | LOCATION Rutland, VT | MINIMUM SALARY $64,540 | MAXIMUM SALARY $78,547 |
JOB TITLE Senior Life Insurance Underwriter | LOCATION Rutland, VT | MINIMUM SALARY $64,611 | MAXIMUM SALARY $83,830 |
JOB TITLE Underwriter (Life) II | LOCATION Rutland, VT | MINIMUM SALARY $64,143 | MAXIMUM SALARY $81,742 |
About Rutland, Vermont Rutland, Vermont may refer to: Rutland (city), Vermont Rutland (town), Vermont Rutland County, Vermont West Rutland, Vermont....More
Rutland, Vermont area prices were up 1.6% from a year ago
Life Insurance Underwriter Salary in popular cities: Burlington, South Burlington, Colchester
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