Vp Underwriting Salary in the United States

How much does a Vp Underwriting make in the United States?

As of October 01, 2026, the average salary for a Vp Underwriting in the United States is $341,492 per year, which breaks down to an hourly rate of $164.

However, a Vp Underwriting's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $414,970
  • Majority Range (25th-75th percentile): $311,830 to $379,953
  • Entry-Level (10th percentile): $284,824

Key Factors That Influence Vp Underwriting Salaries

A Vp Underwriting's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Vp Underwriting Salaries?

Experience is a primary driver of a Vp Underwriting's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $124,661
  • Early Career (1-2 years): $163,973
  • Mid-Level (2-4 years): $197,871
  • Senior-Level (5-8 years): $263,600
  • Expert (over 8 years): $347,671
Levels Salary
Underwrit... Level Vp Underwriting$124,661
Underwrit... Level Vp Underwriting$163,973
Underwrit... Level Vp Underwriting$197,871
VP of Und... Level Vp Underwriting$263,600
Vp Underw... Level Vp Underwriting$347,671

Top Paying Cities for Vp Underwritings

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $430,724
  • San Francisco: $426,008
  • Oakland: $417,030

What Skills Can Increase a Vp Underwriting's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 4.44% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Services (Mentioned in 1.67% Job Postings): A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  • Financial Analysis (Mentioned in 1.11% Job Postings): Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
Skills Demand Percentage
Analysis 4.44%
Financial Services 1.67%
Financial Analysis 1.11%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Vp Underwriting's salary.

  • Insurance Law: Can increase your salary by up to 17%.
  • Flexibility: Can increase your salary by up to 16%.
  • Data Analysis: Can increase your salary by up to 14%.
Skill Salary Salary % Increase
Insurance Law $399,546
17%
Flexibility $396,131
16%
Data Analysis $389,301
14%

Vp Underwriting Salary by Industry: Top Paying Sectors

For Vp Underwriting roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Vp Underwriting positions in Retail & Wholesale or Healthcare typically offer lower base pay, as these industries often view Vp Underwriting as a support function rather than a direct revenue driver.

The top paying industries for a Vp Underwriting

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$512,238$246.050%
Financial Services$443,940$213.030%
Edu., Gov't. & Nonprofit$375,641$181.010%

How Education impacts a Vp Underwriting's Salary?

Your level of education can impact your salary potential. While many Vp Underwritings enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Vp Underwriting with a Bachelor's Degree is between $289,851 and $319,960).

Vp Underwriting Salaries by Degree Level

Typical Education for Vp Underwriting
Degree Level % of user with this level of education
No Diploma 2.4%
High School 8.5%
Associates 3.7%
Bachelors 51.2%
Masters 24.4%
Doctorate 9.8%

Vp Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Vp Underwriting's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$311,830
Average $341,492/year
$379,953
$25,986
Average $28,458/month
$31,663
$5,997
Average $6,567/week
$7,307
$150
Average $164/hour
$183
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $379,953 $31,663 $7,307 $183
Average $341,492 $28,458 $6,567 $164
25th Percentile $311,830 $25,986 $5,997 $150

Most common benefits for Vp Underwriting

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Vp Underwriting

Here are companies hiring for Vp Underwriting and their salaries, click below for more details.

Find Your Next Vp Underwriting Job

Ready to take the next step in your career? Browse thousands of current Vp Underwriting job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Vp Underwriting

1. What industry pays the highest salary for Vp Underwriting?

The Insurance industry offers the highest average compensation for Vp Underwriting roles, with salaries approximately 50% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst