Insurance Underwriters in Virginia
Want to work in Virginia as an Insurance Underwriter? Read this first!
While jobs for Insurance Underwriters in Virginia are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in Virginia is expected to decrease.
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Insurance Underwriters in Virginia earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Virginia?
In Virginia, there were 2,180 people working as Insurance Underwriters in the year 2018.
There were 2,350 Insurance Underwriters employed in this state in 2017.
That’s a decline of 170 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means Virginia has more Insurance Underwriters than average.
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.
Virginia Annual Job Openings
The BLS estimates there will be 160 annual job openings, and 2,150 total jobs in 2026 for Insurance Underwriters in this state.
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.
In 2017 the median pay for this field was $30.76 an hour.
The hourly rate grew by $0.13.
The median salary in Virginia is higher than the nationwide median salary.
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
The table below shows the states 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 |
Related Careers in VA
Discover similar careers:
| Occupation | VA Employment Total |
|---|
What Major Will Prepare You For an Insurance Underwriter Career?
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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