As of March 01, 2025, the average annual salary for a VP of Underwriting in Colorado is $268,906. Salary.com reports that pay typically ranges from $231,550 to $314,497, with most professionals earning between $197,540 and $356,005.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $308,330 | $25,694 | $5,929 | $148 |
| Average | $263,633 | $21,969 | $5,070 | $127 |
| 25th Percentile | $227,010 | $18,918 | $4,366 | $109 |
An entry-level VP of Underwriting with under 1 year experience makes about $243,049. With less than 2 years of experience, a mid-level VP of Underwriting makes around $246,353. After 2-4 years, the VP of Underwriting pay rises to about $249,107. Those senior VP of Underwriting with 5-8 years of experience earn roughly $253,513, and those VP of Underwriting having 8 years or more experience are expected to earn about $259,020 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Underwriting | $243,049 |
| Intermediate Level VP of Underwriting | $246,353 |
| Senior Level VP of Underwriting | $249,107 |
| Specialist Level VP of Underwriting | $253,513 |
| Expert Level VP of Underwriting | $259,020 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 2% |
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VP of Underwriting salary varies from city to city. Compared with national average salary of VP of Underwriting, the highest VP of Underwriting salary is in San Francisco, CA, where the VP of Underwriting salary is 25.0% above. The lowest VP of Underwriting salary is in Miami, FL, where the VP of Underwriting salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $329,542 |
25.0%
|
| Washington, DC | $293,424 |
11.3%
|
| Miami, FL | $254,406 |
|
| Chicago, IL | $276,551 |
4.9%
|
| Boston, MA | $295,533 |
12.1%
|
| New York, NY | $307,924 |
16.8%
|
