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Insurance Underwriters in Virginia

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Insurance Underwriters in Virginia

Get the information you need to know about working as an Insurance Underwriter.

-5% Jobs Projection
$64,260 Median Salary
160 Job Openings

While jobs for Insurance Underwriters in Virginia are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Insurance Underwriters in Virginia is expected to decrease.

  • Insurance Underwriters in Virginia earn higher salaries than the typical U.S. wage earner.

How Many Insurance Underwriters Work in Virginia?

In 2018, there were 2,180 Insurance Underwriters working in the state.

There were 2,350 Insurance Underwriters employed in this state in 2017.

That’s a decline of 170 jobs between 2017 and 2018.

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The typical state has 1,290 Insurance Underwriters working in it, which means Virginia has more Insurance Underwriters than average.

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Job Projections for Virginia

Jobs for Insurance Underwriters in this state are not growing, but it is a similar decline to the national projection of -5.3% decline.

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Virginia Annual Job Openings

The BLS is projecting 160 annual Insurance Underwriters job openings in Virginia, and 2,150 total jobs in the year 2026.

Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.

What do Insurance Underwriters Make in Virginia?

In 2018 wages for Insurance Underwriters ranged from $40,610 to $108,460 with $64,260 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $19.52 to $52.14. The median hourly rate was $30.89.

Workers in this field were paid a median of $30.76 an hour in 2017.

The hourly rate grew by $0.13.

The median salary in Virginia is higher than the nationwide median salary.

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Top Virginia Metros for Insurance Underwriters

The table below shows some of the metros in this state with the most Insurance Underwriters.

Metro Number Employed Annual Median Salary
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,220 $68,600
Richmond, VA 950 $61,680
Virginia Beach-Norfolk-Newport News, VA-NC 210 $55,960
Charlottesville, VA 40 $72,050

Top States for Insurance Underwriters Employment

View the list below to see where most Insurance Underwriters work.

State Number Employed Annual Median Salary
California 9,130 $78,750
New York 8,430 $78,420
Texas 7,560 $61,240
Georgia 6,020 $73,910
Illinois 5,780 $70,410
Florida 4,970 $63,790
Pennsylvania 4,640 $71,070
Ohio 4,630 $68,190
New Jersey 3,190 $79,930
Connecticut 2,940 $70,980
Massachusetts 2,410 $76,760
Missouri 2,320 $64,660
Wisconsin 2,260 $63,490
Virginia 2,180 $64,260
North Carolina 2,010 $71,570
Iowa 1,850 $67,020
Minnesota 1,620 $63,820
Washington 1,610 $76,110
Arizona 1,570 $71,400
Nebraska 1,530 $59,960

Below are the states where Insurance Underwriters get paid the most:

State Annual Median Salary
New Hampshire $80,530
District of Columbia $80,410
New Jersey $79,930
California $78,750
New York $78,420
Massachusetts $76,760
Maryland $76,450
Washington $76,110
South Dakota $74,810
Georgia $73,910

You may also be interested in the following careers:

Occupation VA Employment Total

References

More about our data sources and methodologies.

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