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Insurance Rater Salary
in Richmond, Virginia

$41,547 (USD)

Average Salary

$20/hr

Average Hourly

$656

Average Bonus

Last updated: December 11, 2019

The average pay for an Insurance Rater is $41,547 a year and $20 an hour in Richmond, Virginia, United States. The average salary range for an Insurance Rater is between $30,939 and $50,382. On average, a Bachelor's Degree is the highest level of education for an Insurance Rater. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Richmond, Virginia.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Concludes amount of premium to be charged for various types of insurance.
  • Figures in use and age of automobile, location and value of property, or age of applicant to determine premium rate based on information relating to type and amount of policy based on standard risk factors.
  • Computes total annual premium upon determining additional premium rates of basic policy and endorsements.
Insurance Rater Job Prevalence in Richmond, Virginia, United States

Job family: Insurance Claims and Policy Processing Clerks

Job family population: 274,560

Estimated population of Insurance Rater jobs: 3,210

Rate of error: 1.9%

Estimated salary in 2024:
$48,164
5 Year Change:
16 %
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About Richmond, Virginia

Richmond Cost of Living Score:

Insurance Rater Job Listings for Richmond, Virginia

Entry Level Financial Advisor
Nov 13
Trevilians, United States
Mutual of Omaha
Insurance-rating and information agencies A.M. Best, Standard & Poor's and Moody's all agree we are one of the best. * Solid consumer brand awareness . Mutual of Omaha's Wild Kingdom, key national ...
Insurance Sales-Warm Leads! Will Train FT/PT Potential Ownership Opp
Dec 2
Richmond, VA, USA
Symmetry Financial Group
... insurance to homeowners), final expense and retirement planning ... With mortgage rates at an ALL TIME LOW we are being flooded with requests to protect families. We ...
Insurance Sales Representative $60k PT / $150k+ FT Remote Position
Dec 5
Richmond, VA, USA
The Shinavar Agency
We are able to find the best coverage for each client's individual situation while working with over 35 of the top rated insurance carriers throughout the country. We also market and promote fixed ...
Insurance Broker
Dec 5
Richmond, VA, USA
Futurity First Insurance Group: Don Lilly Agency Mid-Atlantic Region
Futurity First Insurance Group is seeking dynamic and motivated professionals looking to enter into ... and ratings and maintain the compensation, service and support that our advisors expect. ➤A ...
Insurance Broker 70K +1st year
Dec 10
Richmond, VA, USA
Symmetry Financial Group: Gutierrez Agency
You will have access to over 30 A-rated insurance carriers to provide the best and most affordable options. With the resources available in our company, SFG agents are entrusted with the knowledge to ...

The average pay for an Insurance Rater is $41,547 a year and $20 an hour in Richmond, Virginia, United States. The average salary range for an Insurance Rater is between $30,939 and $50,382. On average, a Bachelor's Degree is the highest level of education for an Insurance Rater. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Richmond, Virginia.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Entry Level Financial Advisor
Nov 13
Trevilians, United States
Mutual of Omaha
Insurance-rating and information agencies A.M. Best, Standard & Poor's and Moody's all agree we are one of the best. * Solid consumer brand awareness . Mutual of Omaha's Wild Kingdom, key national ...
Insurance Sales-Warm Leads! Will Train FT/PT Potential Ownership Opp
Dec 2
Richmond, VA, USA
Symmetry Financial Group
... insurance to homeowners), final expense and retirement planning ... With mortgage rates at an ALL TIME LOW we are being flooded with requests to protect families. We ...
Explore our most popular jobs
View our most popular salary searches and other resources