Insurance Underwriters · Virginia

Insurance Underwriters Salary in Virginia

Insurance Underwriters in Virginia earn a median annual wage of $81,870 —0.6% above the national median of $81,370. That ranks VA #19 of 49 covered states and territories for this occupation.

Median annual
$81,870
Median hourly
$39.36
Entry level (P10)
$61,940
10th percentile
Top 10% (P90)
$130,120
90th percentile
Employment
2,470
0.6 per 1,000 jobs
vs U.S. median
+0.6%
U.S. $81,370

Wage distribution

How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.

10th percentile90th percentile
$61,940
$66,670
$81,870
$104,010
$61,940$81,870$130,120
Annual wage distribution. Highlighted segment contains the median of $81,870.

Employment concentration (0.89×) is close to the national average.

Highest-paying states for insurance underwriters

All 49 states ranked by median annual wage. Virginia is highlighted.

#StateMedian annual Median hourlyEmploymentLocation quotient
1Massachusetts$106,640$51.272,8901.17
2New Hampshire$103,940$49.972700.58
3Nevada$101,440$48.774800.46
4Connecticut$100,690$48.412,0101.75
5Colorado$100,640$48.382,0401.05
6Washington$99,400$47.791,7400.72
7New York$97,450$46.856,9001.05
8Wisconsin$97,370$46.813,1101.56
9New Jersey$96,220$46.263,1501.08
10Maine$95,510$45.925201.20

Related occupations in Virginia

Occupations in the same job family, compared within Virginia.

Frequently asked questions

How much do insurance underwriters make in Virginia?

The median annual wage for insurance underwriters in Virginia is $81,870, or $39.36 per hour. That is 0.6% above the national median of $81,370.

What is the entry-level insurance underwriters salary in Virginia?

Workers at the 10th percentile earn $61,940 per year ($29.78/hour). The 25th percentile is $66,670.

How many people work as insurance underwriters in Virginia?

About 2,470 people work in this occupation in Virginia, or 0.6 per 1,000 jobs statewide.

Is Virginia a good state for insurance underwriters?

Virginia ranks #19 of 49 states by median wage for this occupation. Employment concentration (0.89x) is close to the national average.

Which state pays insurance underwriters the most?

Massachusetts has the highest median wage at $106,640 per year, followed by New Hampshire ($103,940) and Nevada ($101,440).

Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Occupational Employment and Wage Statistics, cross-industry estimates. Retrieved 2026-10-26. Figures are rounded by BLS to the nearest dollar (annual) and cent (hourly). Percentile wages describe the distribution of workers, not the pay range for a single job posting. bls.gov/oes