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Vice President (VP), Underwriting Salary

VPs of Underwriting in the United States take home approximately $121K annually on average. Nearly all get medical and dental insurance, and a strong majority get vision plans, too. Work is enjoyable for VPs of Underwriting, who typically claim high levels of job satisfaction. Male VPs of Underwriting who responded to the survey are more common than women; more than half (68 percent) are men. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$77,902 - $158,282
(Median)
$78K
$120K
$160K
MEDIAN: $120,702
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$77,902 - $158,282  
   
Bonus
$1,932 - $32,681  
Profit Sharing
$1,526 - $12,774  
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).
)
$83,927 - $190,148  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 79

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Job Description for Vice President (VP), Underwriting

  • Oversee risk and account management.
  • Lead underwriting and approval process to maximize profits and minimize losses.
  • Responsible for management of underwriting department.
  • Supervise, train and develop staff in portfolio-building and underwriting skills.

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United States (change)

Experience Affects Vice President (VP), Underwriting Salaries

Late-Career
up arrow 8%

National Average
$128,000

Mid-Career
up arrow 4%

Experienced
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

1-4 years
1%
5-9 years
15%
10-19 years
26%
20 years or more
58%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 92%
vision benefits Vision: 77% employee benefits None: 3%
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