Insurance Underwriter Salary in Virginia
The median insurance underwriter salary in Virginia is $84,867 per year, which is 9.0% above the national median of $77,860.
Insurance Underwriter Salary in Virginia by Experience
In Virginia, an entry-level insurance underwriter earns around $54,500, while experienced professionals earn up to $125,350 per year. The cost of living index in Virginia is 104% of the national average.
Salary Percentiles in Virginia
| Percentile | VA Salary |
|---|---|
| 10th Percentile | $52,974 |
| 25th Percentile | $66,708 |
| Median (50th) | $84,867 |
| 75th Percentile | $109,000 |
| 90th Percentile | $137,776 |
Major Cities for Insurance Underwriters in Virginia
The largest employment areas for insurance underwriters in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Insurance Underwriter in Virginia
Education
Most insurance underwriter positions require a bachelor's degree. Virginia has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Virginia
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Virginia's demand may vary based on local industry trends.