As of February 01, 2025, the average annual salary for an Underwriting Associate in Virginia is $53,701. Salary.com reports that pay typically ranges from $48,201 to $60,001, with most professionals earning between $43,194 and $65,737.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $59,760 | $4,980 | $1,149 | $29 |
| Average | $53,443 | $4,454 | $1,028 | $26 |
| 25th Percentile | $48,047 | $4,004 | $924 | $23 |
An entry-level Underwriting Associate with under 1 year experience makes about $51,786. With less than 2 years of experience, a mid-level Underwriting Associate makes around $53,624. After 2-4 years, the Underwriting Associate pay rises to about $57,429. Those senior Underwriting Associate with 5-8 years of experience earn roughly $57,986, and those Underwriting Associate having 8 years or more experience are expected to earn about $58,265 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriting Associate | $51,786 |
| Intermediate Level Underwriting Associate | $53,624 |
| Senior Level Underwriting Associate | $57,429 |
| Specialist Level Underwriting Associate | $57,986 |
| Expert Level Underwriting Associate | $58,265 |
| Entry Level | 3% |
| Mid Level | 0% |
| Senior Level | 7% |
| Top Level | 9% |
| Experienced | 9% |
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Underwriting Associate salary varies from city to city. Compared with national average salary of Underwriting Associate, the highest Underwriting Associate salary is in San Francisco, CA, where the Underwriting Associate salary is 25.0% above. The lowest Underwriting Associate salary is in Miami, FL, where the Underwriting Associate salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $66,901 |
25.0%
|
| Washington, DC | $59,501 |
11.3%
|
| Miami, FL | $51,601 |
|
| Chicago, IL | $56,101 |
4.9%
|
| Boston, MA | $60,001 |
12.1%
|
| New York, NY | $62,501 |
16.8%
|
