How Much Does a Vice President of Group Underwriting make?

Vice President of Group Underwriting made a median salary around $245,149 in December, 2024. The best-paid 25 percent made $286,810 probably that year, while the lowest-paid 25 percent made around $211,465. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $211,465 10% $180,798 90% $324,740 75% $286,810 $245,149 50%(Median)
Check out Vice President of Group Underwriting jobs in Oklahoma

Group Vice President - Acute Care Division

Universal Health Services receives - Oklahoma City, OK

Underwriting Manager

Michigan Millers Mutual Insurance Company - LANSING, MI

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Best-Paying Cities for Vice President of Group Underwriting

The metropolitan areas that pay the highest salary in the Vice President of Group Underwriting profession are Grant , Hendrix , Hugo , Kemp , Kenefic .
Grant, OK $259,460
Hendrix, OK $259,460
Hugo, OK $259,460
Kemp, OK $259,460
Kenefic, OK $259,460

Best-Paying States for Vice President of Group Underwriting

The states and districts that pay Vice President of Group Underwriting the highest salary are District of Columbia (around $294,973) , California (around $292,323) , New Jersey (around $290,468) , Alaska (around $288,613) , and Massachusetts (around $288,348) .
District of Columbia $294,973
California $292,323
New Jersey $290,468
Alaska $288,613
Massachusetts $288,348

What is the Career Path of Vice President of Group Underwriting?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

The first career path typically progresses to Chief Underwriting Officer.
Besides, Vice President of Group Underwriting can also turn to other related jobs, including Vice President of Underwriting , Vice President Underwriting , Group Branch Vice President and Group Vice President .

Frequently Asked Questions for Vice President of Group Underwriting

Q: What is the salary range of Vice President of Group Underwriting in Oklahoma?
A: In 2024 , the lowest-paid Vice President of Group Underwriting in Oklahoma earned an average annual salary of $211,465 , while the highest-paid made $286,810.
Q: What is the salary for a Vice President of Group Underwriting in California?
A: Vice President of Group Underwriting employed in California earned an average salary of $292,323 in 2024.

Average Vice President of Group Underwriting Pay vs. Other Jobs

Vice President of Group Underwriting earned an average salary of $245,149 in 2024. Other jobs related to Vice President of Group Underwriting earned the following average salary in December, 2024. Vice President of Underwriting made $289,520 , Vice President Underwriting made $293,429 , Group Branch Vice President and Group Vice President made $213,715 and $205,903 respectively .

Relevant Jobs of Vice President of Group Underwriting

Vice President of Underwriting - Average Salary $289,520
The Vice President of Underwriting develops all underwriting procedures and employs new practices. Directs and oversees all aspects of an organization's underwriting function. Being a Vice President of Underwriting requires a bachelor's degree. Coordinates work between home office, field underwriting, and field sales force. In addition, Vice President of Underwriting typically reports to top management. The Vice President of Underwriting manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head.
Vice President Underwriting - Average Salary $293,429
The Vice President of Underwriting is responsible for overseeing the underwriting process within an organization, ensuring that all policies and procedures are followed and that risk is properly assessed and managed. They work closely with underwriters to review and approve complex or high-value insurance applications, providing guidance and support as needed. Additionally, they may be involved in developing underwriting strategies, setting underwriting guidelines, and monitoring the performance of the underwriting team to ensure that business objectives are met. The Vice President of Underwriting also plays a key role in building and maintaining relationships with brokers, agents, and clients, and may be involved in negotiating terms and conditions for large or complex accounts. Strong leadership, analytical, and communication skills are essential for this role.
Group Branch Vice President - Average Salary $213,715
Group Branch Vice President plans and directs a retail branch network's financial, sales, and service performance. Establishes the strategy, goals, and performance levels required to meet the organizational objectives. Being a Group Branch Vice President uses financial and customer metrics analysis to identify opportunities, understand customer needs, and target the resources needed to achieve goals. Develops a relationship-building sales culture and standards for exceptional customer service that drives sales with focused coaching, training, and incentives. Additionally, Group Branch Vice President creates cross-functional collaboration to provide customers seamless support for product and service needs. Leads regional civic activities to promote the visibility and positive presence of the bank. Requires a bachelor's degree. Typically reports to senior management. The Group Branch Vice President manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Group Branch Vice President typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
Group Vice President - Average Salary $205,903
There is currently no job description for Group Vice President, be the first to submit the job responsibilities for Group Vice President.
Vice President of Life Underwriting - Average Salary $199,880
The Vice President of Life Underwriting develops and implements plans and procedures regarding risk management, application and renewal, acceptance and rejection. Manages all aspects of the life underwriting business line. Being a Vice President of Life Underwriting requires a bachelor's degree. Keeps abreast of any changes to medical progress and regulations which pertain to life insurance products. In addition, Vice President of Life Underwriting typically reports to Top Underwriting Executive. The Vice President of Life Underwriting manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Vice President of Life Underwriting typically requires 8+ years of managerial experience.