Insurance Underwriters pay in Virginia

In Virginia, the median pay for insurance underwriters is $39.36 an hour ($81,870 a year). About 2,470 people work in this job there.

$39.36Median hourly pay
$66,670–$104,010Middle half of workers, yearly
2,470People in this job in Virginia

That is about the same as the U.S. median ($81,370). Virginia ranks 19th of 49 states and territories for this job’s median pay.

Pay range for insurance underwriters in Virginia

Earns more thanHourlyYearly
10% of workers$29.78$61,940
25% of workers$32.06$66,670
Half of workers (median)$39.36$81,870
75% of workers$50.00$104,010
90% of workers$62.56$130,120

Insurance Underwriters pay in Virginia metro areas

Metro areaMedian yearly payPeople in this job
Charlottesville$81,58040
Richmond$81,400950
Virginia Beach-Chesapeake-Norfolk$77,980470
Roanoke$66,67070

Virginia unemployment rate: 3.6% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for insurance underwriters

  • Typical education to start: Bachelor's degree (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: -3.8% over ten years, declining · about 6,800 openings a year (BLS)

Related jobs in Virginia

JobMedian yearly pay
Accountants and Auditors$93,290
Financial and Investment Analysts$105,490
Loan Officers$78,320
Personal Financial Advisors$102,640
Financial Specialists, All Other$92,930
Budget Analysts$105,470
Credit Analysts$102,430
Tax Preparers$58,520

Other job titles for this job

Account Manager UnderwriterAccount UnderwriterAutomobile and Property UnderwriterBond UnderwriterCasualty UnderwriterCommercial Credit UnderwriterCommercial Insurance UnderwriterCommercial Lines UnderwriterCommercial UnderwriterCredit UnderwriterDirect Endorsement UnderwriterDe Underwriter

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.