Insurance Underwriters Salary in Virginia
SOC 13-2053 · Virginia · BLS OEWS May 2024
The median salary for Insurance Underwriters in Virginia is $77,106 per year ($37.07/hr). This is 3.5% lower than the national median of $79,872. The middle 50% earn between $62,566 and $101,421 annually. Top earners at the 90th percentile reach $130,624.
Wage Percentiles: Virginia
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $26.20 | $54,496 | +5.5% |
| P25 | $30.08 | $62,566 | -0.8% |
| P50MEDIAN | $37.07 | $77,106 | -3.5% |
| P75 | $48.76 | $101,421 | -3.3% |
| P90 | $62.80 | $130,624 | -5.4% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median insurance underwriters salary in Virginia?
The median (P50) annual salary for Insurance Underwriters in Virginia is approximately $77,106, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 3.5% lower than the national median of $79,872.
What is the salary range for entry-level insurance underwriters in Virginia?
Entry-level Insurance Underwriters (10th percentile) in Virginia earn approximately $54,496 per year. The 25th percentile is $62,566. Top earners (90th percentile) reach $130,624.
How does Virginia compare to the national average for insurance underwriters?
Virginia pays 3.5% lower than the national average. The national P50 is $79,872 vs $77,106 in Virginia. Based on BLS national data adjusted for regional cost factors.
Insurance Underwriters Salary by Location
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