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Insurance Underwriters Salary in Virginia

How much does a Insurance Underwriters make in Virginia?

Last updated: 2024 data from the Bureau of Labor Statistics

$77,110
Median Annual Salary
$88,760
Mean Salary
$77,110
Median Salary
$37.07
Hourly Rate
2,910 people work as Insurance Underwriters in Virginia

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in Virginia

Salaries for Insurance Underwriters in Virginia range from $54,500 at the 10th percentile (entry level) to $130,620 at the 90th percentile (experienced). The middle 50% earn between $62,560 and $101,430.

Median $77,110
P10: $54,500 P25: $62,560 P75: $101,430 P90: $130,620
10th
$54,500
25th
$62,560
Median
$77,110
75th
$101,430
90th
$130,620
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $54,500 $26.20 $4,541
25th Percentile $62,560 $30.08 $5,213
Median (50th) $77,110 $37.07 $6,425
75th Percentile $101,430 $48.76 $8,452
90th Percentile (Experienced) $130,620 $62.80 $10,885

Note: The mean (average) salary of $88,760 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Underwriters salary in Virginia adjusted for cost of living →

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Underwriters make in Virginia?
The median annual salary for a Insurance Underwriters in Virginia is $77,110 as of 2024. The average (mean) salary is $88,760.
What is the salary range for a Insurance Underwriters in Virginia?
Salaries for Insurance Underwriters in Virginia range from $54,500 at the 10th percentile to $130,620 at the 90th percentile. The middle 50%% earn between $62,560 and $101,430.
What is the starting salary for a Insurance Underwriters in Virginia?
Entry-level Insurance Underwriters positions in Virginia typically start around $54,500 (10th percentile). With some experience, salaries rise to $62,560 (25th percentile).
How many people work as Insurance Underwriters in Virginia?
According to 2024 BLS data, approximately 2,910 people are employed as Insurance Underwriters in Virginia.
What is the hourly rate for a Insurance Underwriters in Virginia?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Virginia is approximately $37.07 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS