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 Overview in Virginia (2026)
Virginia ranks #11 out of 50 states for insurance underwriter compensation. Virginia falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $84,867 per year, insurance underwriters in Virginia earn $7,007 more than the national median of $77,860.
Virginia's cost of living is near the national average at 104%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.
The salary spread in Virginia is significant: insurance underwriters at the 10th percentile earn $52,974, while those at the 90th percentile bring home $137,776 — a $84,802 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Virginia for this role is Arlington, where the median reaches $106,668.
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.
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.
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See Investment Options →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 |
Insurance Underwriter Salary by City in Virginia
The largest employment areas for insurance underwriters in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries vary by city based on local cost of living and demand.
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.
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Data shows Insurance Underwriters who negotiate earn 7–15% more. A single negotiation could add $40,483 over your career trajectory.
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