Insurance Underwriter salary in Virginia Beach-Chesapeake-Norfolk, VA-NC
Insurance Underwriters in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area earn a median of $77,980 a year ($37.49 an hour), based on BLS data for 470 workers.
Pay ranges from $62,320 for the lowest-paid 10% to $126,010 for the top 10%. That is 4% lower than the national median of $81,370. Pay here is 5% lower than the Virginia statewide median of $81,870. There are 0.62 insurance underwriters per 1,000 jobs here — close to the national average. The average (mean) salary is $88,450, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Virginia Beach-Chesapeake-Norfolk, VA-NC
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $62,320 | $29.96 |
| 25th percentile | $63,220 | $30.40 |
| Median | $77,980 | $37.49 |
| 75th percentile | $101,350 | $48.73 |
| 90th percentile (top earners) | $126,010 | $60.58 |
| Average (mean) | $88,450 | $42.52 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,498.33 |
| Semi-monthly (24 a year) | $3,249.17 |
| Biweekly (26 a year) | $2,999.23 |
| Weekly | $1,499.62 |
| Hourly | $37.49 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $77,980 salary, see how much house you can afford in Virginia at today's mortgage rates, or work out a payment with the mortgage calculator.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $90,990 | 900 |
| Charlottesville, VA | $81,580 | 40 |
| Richmond, VA | $81,400 | 950 |
| Charlotte-Concord-Gastonia, NC-SC | $80,080 | 1,140 |
| Durham-Chapel Hill, NC | $79,830 | 60 |
| Raleigh-Cary, NC | $79,210 | 520 |
| Greensboro-High Point, NC | $75,930 | 150 |
| Winston-Salem, NC | $75,840 | 140 |
| Roanoke, VA | $66,670 | 70 |
| Burlington, NC | $58,790 | 40 |
| Goldsboro, NC | $58,110 | 50 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the Virginia statewide figures.
Related jobs in Virginia Beach-Chesapeake-Norfolk, VA-NC
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,450 | $38.20 |
| Loan Officer | $64,080 | $30.81 |
| Financial Specialists, All Other | $89,920 | $43.23 |
| Financial and Investment Analysts | $95,170 | $45.76 |
| Budget Analyst | $90,020 | $43.28 |
| Tax Preparer | $44,320 | $21.31 |
| Tax Examiners and Collectors, and Revenue Agents | $58,460 | $28.11 |
| Property Appraisers and Assessors | $63,650 | $30.60 |
| Credit Analyst | $79,050 | $38.00 |
| Credit Counselor | $51,880 | $24.94 |
| Financial Risk Specialist | $94,220 | $45.30 |
| Financial Examiner | $71,270 | $34.26 |
| Business Operations Specialists, All Other | $87,530 | $42.08 |
| Management Analyst | $101,380 | $48.74 |
More: Business and Financial Operations Occupations · all salaries in Virginia Beach-Chesapeake-Norfolk, VA-NC
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median salary for insurance underwriters in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area is $77,980 a year, or $37.49 an hour. Pay ranges from $62,320 for the lowest-paid 10% to $126,010 for the top 10%.
How much do the highest-paid insurance underwriters make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The top 10% of insurance underwriters in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area earn at least $126,010 a year. The top 25% earn $101,350 or more.
What is the starting pay for insurance underwriters in Virginia Beach-Chesapeake-Norfolk, VA-NC?
Entry-level pay (the 10th percentile) is about $62,320 a year, and a quarter of insurance underwriters earn $63,220 or less.
How many insurance underwriters work in Virginia Beach-Chesapeake-Norfolk, VA-NC?
About 470 insurance underwriters are employed in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area, not counting the self-employed.