Average pay for a VP of Underwriting in the United States is considerable, rounding six figures at $125K per year. Job satisfaction for VPs of Underwriting is high. Almost all have medical and dental plans, and a fair number have vision insurance. This overview is based on answers to PayScale's salary questionnaire.
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).
$83,191 - $188,126
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 78
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.