Virginia Risk Sharing Association Salary

How much does the Virginia Risk Sharing Association Pay for employees?

As of August 2026, the average annual salary for employees at Virginia Risk Sharing Association in the United States is $95,175. This translates to an approximate hourly wage of $46. Salaries at Virginia Risk Sharing Association typically range from $83,700 to $107,684 annually, reflecting the diverse roles and experience levels within the company. Virginia Risk Sharing Association’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Virginia Risk Sharing Association Pay for Different Roles?

Explore detailed salary information for specific jobs at Virginia Risk Sharing Association. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Virginia Risk Sharing Association

Ready for your next career move? Explore current job openings at Virginia Risk Sharing Association. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Virginia Risk Sharing Association’s Pay Competitive? Salary Benchmarking Analysis

How does Virginia Risk Sharing Association’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Virginia Risk Sharing Association
Insurance
company g c claims processing center Inc
AFS&V Insurance
Industry Comparison
Our data shows that, on average, compensation at Virginia Risk Sharing Association is below the average for the U.S. Insurance industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Virginia Risk Sharing Association average annual salary with several similar companies. Virginia Risk Sharing Association average salary of $95,175 is lower than company g c claims processing center Inc, which has an average salary of $101,925. It is higher than AFS&V Insurance, with their average salary at $94,774. This places Virginia Risk Sharing Association in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Virginia Risk Sharing Association

Considering a career at Virginia Risk Sharing Association? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits like health coverage, retirement plans, and performance bonuses are excellent. The collaborative atmosphere makes it a great place to work. The benefits package is strong, including wellness programs. This company is an excellent place to build a career in insurance. A great place to grow and thrive.
Team dynamics vary by department, most colleagues are professional and easy to work with. The team is talented, and leadership is visionary. The benefits package is robust, and work-life balance is respected. While the role may not be highly innovative, it provides stability and learning opportunities. The compensation package is fair, with regular performance reviews ensuring merit-based raises.
It’s a company that values its employees and their contributions. Compensation is competitive, and recognition programs keep morale high. The company has a supportive culture, and managers are invested in employee development. The benefits package is competitive, including health insurance and retirement plans. Overall, a great place to grow professionally while maintaining personal well-being. It...
Flexible scheduling is a major perk, and professional growth is encouraged. Work-life balance is good, and benefits are strong. The company operates with a focus on compliance and efficiency. Compensation is fair, and the bonus structure rewards hard work.
The team is talented, and collaboration is seamless. Colleagues are collaborative, making teamwork seamless. It’s a reliable employer for those seeking a steady role in the insurance field. The company maintains a steady work environment, making it a reliable place for employment. I’ve grown professionally and personally since joining.

Virginia Risk Sharing Association Overview

Website
www.vrsa.us
Founded In
1980
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
PO Box 3239 Glen Allen Virginia VA 23058
Revenue
<$5 Million
Phone Number
+1 8042730038
Social Media
About Virginia Risk Sharing Association
VRSA is designed to meet the needs of all Virginia public bodies - from the smallest to the largest. We are committed to reducing our members' total cost of risk through expansive coverages, services and resources. Our consulting practices include communications, human resources, local government, public safety and risk management. Our members contribute nearly $60 million in annual contribution t

What Benefits Does Virginia Risk Sharing Association Offer Beyond Salary?

A competitive compensation package is more than just a salary. Virginia Risk Sharing Association offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Virginia Risk Sharing Association.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Virginia Risk Sharing Association, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Virginia Risk Sharing Association salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Virginia Risk Sharing Association

1. How much does Virginia Risk Sharing Association in the United States pay?

Virginia Risk Sharing Association pays its employees an average of $95,175 per year. The average salary at Virginia Risk Sharing Association range from $83,700 to $107,684 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Virginia Risk Sharing Association employees get a higher salary than its peer company?

The salary at Virginia Risk Sharing Association is lesser than its peer company. The average annual salary at Virginia Risk Sharing Association is $95,175, or an hourly wage of $46, in comparison to company g c claims processing center Inc which pays $101,925 per year or $49 per hour.

3. What are the highest paying jobs at Virginia Risk Sharing Association?

The higher-paying job at Virginia Risk Sharing Association, according to our data, include Chief Executive Officer (avg. $736,735 per year), Chief Information Officer (avg. $288,360 per year), and Services Director, Human Resources (avg. $139,861 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Virginia Risk Sharing Association?

Salary progression with years of experience at Virginia Risk Sharing Association is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Virginia Risk Sharing Association vary by office location?

Yes, it's very likely that salaries at Virginia Risk Sharing Association vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Richmond section provides more context.

6. Does Virginia Risk Sharing Association offer good benefits?

Virginia Risk Sharing Association typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Virginia Risk Sharing Association" section on this page.