$62,500
Avg. Salary
Avg. Hourly Rate
Help us gather more data! Is Insurance Underwriter your job title? Find out what you're worth.

The average pay for an Insurance Underwriter in Richmond, Virginia is {{pay}} per hour.

The average pay for an Insurance Underwriter in Richmond, Virginia is $62,500 per year.

$0.00
10%
$0.00
50%
$0.00
90%
MEDIAN $0.00
$39k
10%
$63k
50%
$94k
90%
MEDIAN $62,500
$39,026 - $94,298
$39K
$62K
$94K
MEDIAN: $62,500
10%
50%
90%

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$0$104K
Salary $39,026 - $94,298
Bonus $11,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,686 - $104,336
  • Country: United States
  • Currency: USD
  • Updated: 15 Jan 2019
  • Individuals Reporting: 11

Job Description for Insurance Underwriter

An insurance underwriter helps assess risks, analyze payment and premiums related to those risks, and determine if a business or entity should be insured. Insurance underwriters typically work in an insurance company and must have strong accounting and statistical analysis skills.

Read More...
Insurance Underwriter Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

About Richmond, Virginia

Richmond city, Virginia
220,289
Male:
104,793 (47.6%)
Female:
115,496 (52.4%)
Richmond (/ˈrɪtʃmənd/ RICH-mənd) is the capital of the Commonwealth of Virginia, in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. While it was incorporated in 1742, Richmond has been an independent city since 1871. As of the 2010 census, the population was 204,214; in 2015, the population was estimated to be 220,289, the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James River, 44 miles (71 km) west of Williamsburg, 66 miles (106 km) east of Charlottesville, and 98 miles (158 km) south of Washington, D.C. Surrounded by Henrico and Chesterfield counties, the city is located at the intersections of Interstate 95 and Interstate 64, and encircled by Interstate 295 and Virginia State Route 288. Major suburbs include Midlothian to the southwest,...
Richmond:
$39,906
Virginia:
$66,262
$927
Richmond:
$199,900
Virginia:
$257,800
5.6%

Insurance Underwriter Job Listings

Key Stats for Insurance Underwriter

Gender

Female
43 %
Male
57 %
1-4 years
25%
5-9 years
33%
10-19 years
17%
20 years or more
25%

Gender

Female
43 %
Male
57 %

Years of Experience

1-4 years
25%
5-9 years
33%
10-19 years
17%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 100%
vision benefits
Vision: 88%
no benefits
None: