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Insurance Strategy Jobs in Virginia (NOW HIRING)

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

Job Overview The Strategy Analyst / Associate is a high-visibility, hands-on, and dynamic role ... Life Insurance * 401k with company match * Paid Time Off * Paid Parental Leave

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Showing results 1-20

Insurance Strategy information

See Virginia salary details

$55K

$123.6K

$215.6K

How much do insurance strategy jobs pay per year?

As of Aug 2, 2026, the average yearly pay for insurance strategy in Virginia is $123,589.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,200.00 and $156,100.00 per year, depending on experience, location, and employer.

What do you do in a strategy job?

In an insurance strategy role, professionals analyze market trends, assess risks, and develop plans to improve company performance and competitiveness. They often work with data analysis tools, collaborate with various departments, and create long-term plans aligned with business goals. Strong analytical skills and industry knowledge are essential for success in this position.

What are some common challenges faced by professionals in Insurance Strategy roles, and how can they be addressed?

Professionals working in Insurance Strategy often encounter challenges such as adapting to rapidly changing regulatory environments, analyzing emerging risks, and aligning business objectives with evolving market trends. Successfully addressing these challenges requires a proactive approach to staying informed about industry regulations, strong collaboration with actuarial, underwriting, and product development teams, and leveraging data-driven insights to inform strategic decisions. Building cross-functional relationships and maintaining continuous professional development are key to overcoming these obstacles and driving impactful results in the role.

What is insurance strategy?

Insurance strategy refers to the planning and decision-making processes used by insurance companies or professionals to achieve their business objectives. This can involve developing products, setting pricing, managing risk, analyzing market trends, and ensuring regulatory compliance. Effective insurance strategy helps companies remain competitive, meet customer needs, and maintain profitability in a changing market. Professionals in this field often work closely with actuaries, underwriters, and executives to guide the direction of the company.

What is the difference between Insurance Strategy vs Insurance Underwriter?

AspectInsurance StrategyInsurance Underwriter
Primary RoleDevelops long-term plans to optimize insurance products and market positioningAssesses individual insurance applications to determine coverage and premiums
Required CredentialsTypically requires a degree in business, finance, or risk management; certifications like CPCU are commonRequires actuarial or insurance-specific certifications; often a degree in mathematics, statistics, or related fields
Work EnvironmentCorporate offices, strategic planning teamsUnderwriting departments, insurance companies
Employer & Industry UsageUsed in insurance companies, consulting firms, and risk management departmentsPrimarily within insurance companies, underwriting agencies

Insurance Strategy focuses on planning and positioning for future growth, while Insurance Underwriters evaluate individual risks to determine coverage. Both roles require specialized credentials and are integral to the insurance industry, but they serve different functions within the insurance process.

What is the highest paid position in insurance?

In insurance, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, or Chief Risk Officer tend to be the highest paid positions, often earning six-figure salaries plus bonuses and stock options. These roles require extensive industry experience, leadership skills, and often advanced certifications or degrees.

What are the key skills and qualifications needed to thrive in Insurance Strategy, and why are they important?

To excel in Insurance Strategy, you need strong analytical skills, industry knowledge, and a background in finance, business, or actuarial science. Familiarity with data analytics tools, financial modeling software, and risk assessment platforms is often required, along with relevant certifications such as CPCU or CFA. Strategic thinking, communication, and stakeholder management are crucial soft skills for influencing decisions and driving change. These competencies are vital for developing effective strategies that ensure organizational growth, regulatory compliance, and competitive advantage in the insurance sector.

What's the highest paying job in the insurance industry?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Underwriting Officer, or Chief Risk Officer tend to be the highest paying positions, often earning six-figure salaries plus bonuses. These roles require extensive experience, leadership skills, and industry knowledge, and they oversee strategic decision-making and company performance.

Is strategy a high paying job?

In the context of insurance strategy roles, salaries are generally above average compared to many other professions, especially for those with advanced degrees or certifications like CPCU or FCAS. Compensation varies based on experience, location, and company size, with senior positions often offering higher pay. Skills in data analysis, market research, and strategic planning can also influence earning potential.
Infographic showing various Insurance Strategy job openings in Virginia as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 22% Part Time, and 6% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $123,589 per year, or $59.4 per hour.

Govt Health Insurance Product Strategy Lead (Richmond)

Highmark Health

Richmond, VA • On-site

Full-time

Posted 19 days ago


Highmark Health rating

7.8

Company rating: 7.8 out of 10

Based on 28 frontline employees who took The Breakroom Quiz


Job description

Highmark Health seeks a strategic, executive leader for the Vice President, Insurance Product Strategy, Design & Implementation – Government Markets. This role defines end-to-end product strategy for Medicare Advantage, ACA Marketplace, and Medicaid, shaping multi-year roadmaps, benefit design, and regulatory filing strategy across CMS and state programs.

Leading cross-functional teams, you will drive product performance, streamline portfolio offerings, and ensure compliant, high-quality

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What Highmark Health employees say

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About Highmark Health

Sourced by ZipRecruiter

A national blended health organization, Highmark Health and our leading businesses support millions of customers with products, services and solutions closely aligned to our mission of creating remarkable health experiences, freeing people to be their best. Headquartered in Pittsburgh, we're regionally focused in Pennsylvania, Delaware, West Virginia, and eastern and northwestern New York with customers in 50 states and the District of Columbia. We passionately serve individual consumers and fellow businesses alike. And our companies cover a diversified spectrum of essential health-related needs including health insurance, health care delivery, population health management, dental solutions, reinsurance solutions, and innovative, technology solutions. Our financial position reflects strength and stability, with our year-end 2022 consolidated revenues totaling $26 billion. And we're proud to carry forth an important legacy of compassionate care and philanthropy that began more than 170 years ago. This tradition of giving back, reinvesting and ensuring that our communities remain strong and healthy is deeply embedded in our culture, informing our decisions every day.

Industry

Health care and social assistance and insurance services

Company size

10,000+ Employees

Headquarters location

Pittsburgh, PA, US