How much does a Head of Underwriting make? The average Head of Underwriting salary is $256,264 as of April 26, 2022, but the salary range typically falls between $216,584 and $302,469. 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.
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What does a Head of Underwriting do?
Head of Underwriting
Creates appropriate organizational structure to align the design, administration and delivery of learning solutions.
July 01, 2021
Development of credit policy and improvement of underwriting processes by identifying step-change opportunities by studying historical account performance, testing hypothesis and generating rigorous analysis to support policy recommendations.
July 11, 2021
Track record of solving high stakes credit risk, loan-level pricing and consumer credit underwriting problems.
October 14, 2021
Resolve the most complex problems and questions by developing innovative solutions to meet client and organizational needs.
November 26, 2021
Manages the identification of skill gaps within in the organization and actively recommendations solutions and initiatives to address.
December 08, 2021
Designs, develops, facilitates and implements specific learning and development activities that aid in the development of underwriting leadership/management.
January 05, 2022
Actively engages with Heads of Technical Underwriting business units as well as Head of Portfolio Management for the enterprise to identify and address underwriting needs and skill gaps.
January 12, 2022
Head of Underwriting Salary in Major Cities
This chart shows the salary comparison for Head of Underwriting between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Head of Underwriting in each city.
Head of Underwriting Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
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- Kentucky
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- Maine
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- New Hampshire
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- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Head of Underwriting Salary by City
Click to see the salary for Head of Underwriting in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $320,331 |
| Washington, DC | $285,274 |
| Miami, FL | $249,476 |
| Chicago, IL | $271,868 |
| Boston, MA | $288,733 |
| New York, NY | $308,286 |
| Dallas, TX | $254,599 |
If you'd like know Head of Underwriting Salary in other cities, then please select a city in
Average Salary Range for Head of Underwriting
Average Base Salary
Core compensation
216584
302469
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Head of Underwriting in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Head of Underwriting in the United States. The base salary for Head of Underwriting ranges from $216,584 to $302,469 with the average base salary of $256,264. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $257,769 to $431,674 with the average total cash compensation of $330,196.
View Average Salary for Head of Underwriting as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $256,264 | $216,584 - $302,469 |
| Bonus | $73,932 | $41,185 - $129,205 |
| Total Pay | $330,196 | $257,769 - $431,674 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Head of Underwriting online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Head of Underwriting, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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216584
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Comments about Head of Underwriting
What's the difference between Underwriting Supervisor and Head of Underwriting?
According to our latest salary estimation on April 26, 2022. The average salary of Head of Underwriting is $256,264, and the average salary of Underwriting Supervisor is $101,352. The average salary of Underwriting Supervisor is lower than Head of Underwriting. ( 2022-04-26 salary.com )
I am a Head of Underwriting, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Head of Underwriting. a Head of Underwriting Salary in Arlington, MA is $288,733 as of April 26, 2022; a Head of Underwriting Salary in San Bernardino, CA is $273,009 as of April 26, 2022. ( 2022-04-26 salary.com )
Head of Underwriting Frequently Asked Questions
Why does the salary of a Head of Underwriting vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2022-04-26 salary.com )
What are the Pay Factors for Head of Underwriting?
Salary ranges for a Head of Underwriting can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2022-04-26 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2022-04-26 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: April 26, 2022