As of April 01, 2025, the average annual salary for a VP of Underwriting in Gilbert, AZ is $243,215. Salary.com reports that pay typically ranges from $221,485 to $274,060, with most professionals earning between $201,701 and $302,143.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $274,060 | $22,838 | $5,270 | $132 |
| Average | $243,215 | $20,268 | $4,677 | $117 |
| 25th Percentile | $221,485 | $18,457 | $4,259 | $106 |
An entry-level VP of Underwriting with under 1 year experience makes about $229,917. With less than 2 years of experience, a mid-level VP of Underwriting makes around $231,863. After 2-4 years, the VP of Underwriting pay rises to about $233,485. Those senior VP of Underwriting with 5-8 years of experience earn roughly $236,080, and those VP of Underwriting having 8 years or more experience are expected to earn about $239,323 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Underwriting | $229,917 |
| Intermediate Level VP of Underwriting | $231,863 |
| Senior Level VP of Underwriting | $233,485 |
| Specialist Level VP of Underwriting | $236,080 |
| Expert Level VP of Underwriting | $239,323 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 3% |
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