Vice President (VP), Underwriting Salary

VPs of Underwriting in the United States can expect to earn an average of $118K per year. Almost all get medical and dental insurance, and a fair number get vision plans, too. Most VPs of Underwriting like their work and job satisfaction is high. Most people who answered the questionnaire are men; 68 percent of VPs of Underwriting are male. Respondents to the PayScale salary survey provided the data for this report.

$77,760 - $157,396
(Median)
$78K
$120K
$160K
MEDIAN: $117,786
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
$77,760 - $157,396  
   
Bonus
$1,237 - $30,242  
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).
)
$83,792 - $187,638  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 78
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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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Experience Affects Vice President (VP), Underwriting Salaries

Late-Career
up arrow 2%

National Average
$126,000

Experienced
up arrow 1%

Mid-Career
up arrow 3%

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
28%
20 years or more
56%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 91%
vision benefits Vision: 77% employee benefits None: 3%
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