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 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.