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Vice President (VP), Underwriting Salary

VPs of Underwriting in the United States take home approximately $121K annually on average. Men make up the majority of VPs of Underwriting (68 percent) survey respondents. Nearly all claim medical and dental insurance and a strong majority get vision coverage. The majority of VPs of Underwriting claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$76,431 - $161,331
(Median)
$76K
$120K
$160K
MEDIAN: $120,740
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
$76,431 - $161,331  
   
Bonus
$1,949 - $32,438  
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).
)
$82,294 - $191,317  
Country: United States | Currency: USD | Updated: 31 Mar 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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Related Job Salaries

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Experience Affects Vice President (VP), Underwriting Salaries

Late-Career
up arrow 7%

National Average
$129,000

Experienced
up arrow 2%

Mid-Career
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 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: 95% dental benefits Dental: 92%
vision benefits Vision: 78% employee benefits None: 3%