Salaries for VPs of Underwriting in the United States are generous, with average pay above six figures ($115K) per year. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Women are just slightly outnumbered, with male VPs of Underwriting making up 57 percent of survey respondents. Work is enjoyable for VPs of Underwriting, who typically claim high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.

$75,810 - $156,306
(Median)
$76K
$120K
$160K
MEDIAN: $115,164
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$75,810 - $156,306  
   
Bonus
$1,226 - $30,220  
Profit Sharing
$8,350  
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).
)
$74,950 - $177,760  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 77
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for Vice President (VP), Underwriting

The practice of underwriting is important for financial institutions and insurers, as it is the mechanism by which they determine their exposure to risk and the amount of premium or incoming revenue which will help to mitigate it. A vice president (VP) of underwriting is a board-level executive who is generally responsible for developing and adhering to cost- and risk-benefit systems, and their goal is to help maintain a good balance of profitability and risk management/leverage.

Read More...

Vice President (VP), Underwriting Tasks

  • 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.

Vice President (VP), Underwriting Job Listings

Search for more jobs:

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Vice President (VP), Underwriting Salaries

Late-Career
up arrow 13%

National Average
$127,000

Experienced
up arrow 6%

Mid-Career
up arrow 6%

Skills That Affect Vice President (VP), Underwriting Salaries

Insurance
up arrow 21%

Financial Analysis
up arrow 10%

National Average
$127,000

Risk Management / Risk Control
up arrow 13%

People Management
up arrow 14%

Loan Underwriting
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

1-4 years
6%
5-9 years
9%
10-19 years
39%
20 years or more
46%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 82%
medical benefits
Vision: 71%
dental benefits
None: 6%
ADVERTISEMENT