The average salary for a underwriter in Virginia is around $62,020 per year.
Avg Salary
Underwriters earn an average yearly salary of $62,020.
Wages typically start from $40,410 and go up to $101,810.
6% below national average Updated in 2021
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$48.95 per hour
$101,810 per year
75th percentile
Senior-level underwriter earnings begin at:
$37.49 per hour
$77,990 per year
50th percentile
Mid-level underwriter earnings begin at:
$29.82 per hour
$62,020 per year
25th percentile
Junior-level underwriter earnings begin at:
$23.59 per hour
$49,070 per year
10th percentile
Starting level underwriter earnings begin at:
$19.43 per hour
$40,410 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $98,760 |
| New York | $97,070 |
| Massachusetts | $96,780 |
| Connecticut | $81,410 |
| Washington | $80,960 |
| California | $80,820 |
| Oregon | $80,160 |
| New Jersey | $80,070 |
| Nevada | $78,680 |
| Colorado | $78,160 |
| Rhode Island | $78,060 |
| New Hampshire | $77,740 |
| Wisconsin | $77,450 |
| Maryland | $77,370 |
| Ohio | $77,050 |
| Pennsylvania | $77,030 |
| Maine | $76,840 |
| Georgia | $76,710 |
| Indiana | $76,060 |
| South Dakota | $76,060 |
| Kansas | $75,370 |
| North Carolina | $73,430 |
| Arizona | $72,640 |
| Arkansas | $72,170 |
| Oklahoma | $70,250 |
| Texas | $69,610 |
| Minnesota | $67,270 |
| Alaska | $63,960 |
| Vermont | $63,960 |
| Utah | $63,850 |
| Nebraska | $63,300 |
| Florida | $63,290 |
| Michigan | $63,240 |
| Tennessee | $62,390 |
| Iowa | $62,320 |
| Alabama | $62,020 |
| Virginia | $62,020 |
| Hawaii | $61,340 |
| New Mexico | $61,320 |
| North Dakota | $60,550 |
| Illinois | $60,490 |
| South Carolina | $60,490 |
| Mississippi | $60,380 |
| Missouri | $60,310 |
| Kentucky | $59,130 |
| Louisiana | $57,660 |
| Idaho | $49,490 |
| Wyoming | $49,150 |
| Montana | $48,630 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Delaware | $103,670 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Virginia. On average, they make less than market research analysts but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Market research analyst salary | $65K |
| Stock trader salary | $60K |
| Securities and commodities broker salary | $60K |
| Cost estimator salary | $64K |
| Fundraiser salary | $61K |
| Underwriter salary | $62K |
| Insurance appraiser salary | $64K |
| Revenue agent salary | $47K |
| Credit counselor salary | $49K |
| Bookkeeper salary | $45K |
Source: CareerExplorer (Aggregated)