Average Vice President (VP), Underwriting Salary

$123,501
Avg. Salary
$15,205
Bonus
$11,700
Profit Sharing
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The average salary for a Vice President (VP), Underwriting is $123,501.
10%
$82k
MEDIAN
$124k
90%
$164k
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United States (change)
Salary
$82k - $164k
Bonus
$5k - $39k
Profit Sharing
$4k - $21k
Total Pay
$92k - $192k

Your Market Worth Over Time

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Job Description for Vice President (VP), Underwriting

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

Job Satisfaction for Vice President (VP), Underwriting

4.2 out of 5
(34)
Highly Satisfied
4Reviews

Vice President (VP), Underwriting Job Listings

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Popular Skills for Vice President (VP), Underwriting

Skills in Risk Management / Risk Control, People Management and Insurance are correlated to pay that is above average. Skills that pay less than market rate include Loan Underwriting and Financial Analysis.

Pay by Experience Level for Vice President (VP), Underwriting

An early career Vice President (VP), Underwriting with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $81,756 based on 10 salaries. A mid-career Vice President (VP), Underwriting with 5-9 years of experience earns an average total compensation of $100,841 based on 22 salaries. An experienced Vice President (VP), Underwriting with 10-19 years of experience earns an average total compensation of $124,378 based on 71 salaries. In their late career (20 years and higher), employees earn an average total compensation of $134,524.
Employees with Vice President (VP), Underwriting in their job title in Dallas, Texas earn an average of 15.0% more than the national average. These job titles also find higher than average salaries in New York, New York (11.7% more) and Chicago, Illinois (9.9% more). The lowest salaries can be found in Minneapolis, Minnesota (17.4% less), Irvine, California (16.6% less) and Atlanta, Georgia (11.2% less).

Years of Experience

This data is based on 182 survey responses.
Early Career
5.5%
Mid Career
12.1%
Experienced
39.0%
Late Career
43.4%