Insurance Underwriter Salary in Richmond, Virginia
The median insurance underwriter salary in Richmond, VA is $81,753 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.
Insurance Underwriter Salary in Richmond by Experience
In Richmond, an entry-level insurance underwriter earns around $52,500, while experienced professionals earn up to $120,750 per year. The local cost of living index is 100% of the national average.
Salary Percentiles in Richmond, VA
| Percentile | Richmond |
|---|---|
| 10th Percentile | $51,030 |
| 25th Percentile | $64,260 |
| Median (50th) | $81,753 |
| 75th Percentile | $105,000 |
| 90th Percentile | $132,720 |
Insurance Underwriter Salary in Other Virginia Cities
How to Become a Insurance Underwriter in Richmond
Education
Most insurance underwriter positions require a bachelor's degree. Richmond 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 Richmond may vary based on local industry and population growth.