Insurance Underwriter Salary in Chesapeake, Virginia
The median insurance underwriter salary in Chesapeake, VA is $80,196 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.
Insurance Underwriter Pay in Chesapeake: What to Expect (2026)
Chesapeake offers a median insurance underwriter salary of $80,196, which is $4,671 below the Virginia state average of $84,867. Compared to the national median of $77,860, Chesapeake pays above average for this role.
Chesapeake's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Chesapeake spans from $50,058 at the 10th percentile to $130,192 at the 90th percentile — a $80,134 spread. Entry-level professionals start around $51,500, while senior insurance underwriters with 8+ years of experience can earn up to $118,450. With a population of 249,422, Chesapeake is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Chesapeake by Experience
In Chesapeake, an entry-level insurance underwriter earns around $51,500, while experienced professionals earn up to $118,450 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Chesapeake, VA
| Percentile | Chesapeake |
|---|---|
| 10th Percentile | $50,058 |
| 25th Percentile | $63,036 |
| Median (50th) | $80,196 |
| 75th Percentile | $103,000 |
| 90th Percentile | $130,192 |
Insurance Underwriter Salary in Other Virginia Cities
How to Become a Insurance Underwriter in Chesapeake
Education
Most insurance underwriter positions require a bachelor's degree. Chesapeake and the surrounding Virginia area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Chesapeake may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Chesapeake
Browse open insurance underwriter positions in Chesapeake, VA: