Vice President Underwriting Salary in the United States

How much does a Vice President Underwriting make in the United States?

As of August 01, 2026, the average salary for a Vice President Underwriting in the United States is $358,430 per year, which breaks down to an hourly rate of $172.

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

  • Top Earners (90th percentile): $445,972
  • Majority Range (25th-75th percentile): $329,430 to $404,253
  • Entry-Level (10th percentile): $303,027
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View as table View as graph 25% $329,430 10% $303,027 90% $445,972 75% $404,253 $358,430 50%(Median) Didn’t find job title? Click

Vice President Underwriting Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $404,253 $33,688 $7,774 $194
Average $358,430 $29,869 $6,893 $172
25th Percentile $329,430 $27,453 $6,335 $158
Check out Vice President Underwriting Job Openings in the United States
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Key Factors That Influence Vice President Underwriting Salaries

A Vice President 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 Vice President Underwriting Salaries?

Experience is a primary driver of a Vice President 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): $122,922
  • Early Career (1-2 years): $167,540
  • Mid-Level (2-4 years): $202,112
  • Senior-Level (5-8 years): $269,265
  • Expert (over 8 years): $355,061
Levels Salary
Underwrit... Level Vice President Underwriting$122,922
Underwrit... Level Vice President Underwriting$167,540
Underwrit... Level Vice President Underwriting$202,112
VP of Und... Level Vice President Underwriting$269,265
Vice Pres... Level Vice President Underwriting$355,061
$122,922 0 yr
$167,540 < 2 yrs
$202,112 2-4 yrs
$269,265 5-8 yrs
$355,061 > 8 yrs
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What Am I Worth?

How Do Vice President Underwriting Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Vice President Underwritings. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $396,854.
  • California: $395,348.
  • Massachusetts: $390,079.

Top Paying Cities for Vice President 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: $452,088
  • San Francisco: $447,138
  • Oakland: $437,715

What Skills Can Increase a Vice President 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.
See More Skills
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 Vice President 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
$419,363
17%
Flexibility
$415,779
16%
Data Analysis
$408,610
14%
Products and Services
$387,104
8%
Partnering
$387,104
8%
Loan Review
$383,520
7%
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Vice President Underwriting Salary by Industry: Top Paying Sectors

For Vice President 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, Vice President Underwriting positions in Retail & Wholesale or Healthcare typically offer lower base pay, as these industries often view Vice President Underwriting as a support function rather than a direct revenue driver.

The top paying industries for a Vice President Underwriting

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$537,645$258.050%
Financial Services$465,959$224.030%
Edu., Gov't. & Nonprofit$394,273$190.010%

How Education impacts a Vice President Underwriting's Salary?

Your level of education can impact your salary potential. While many Vice President 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 Vice President Underwriting with a Bachelor's Degree is between $289,851 and $319,960).

Vice President Underwriting Salaries by Degree Level

Typical Education for Vice President 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%
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Vice President Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Vice President 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 August 01, 2026

Salary Trends for Vice President Underwriting

Salaries for a Vice President Underwriting can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $262,443 in 2023 to around $242,863 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Vice President Underwriting salary trends, .

Average Annual Salary of Vice President Underwriting Over Time

2022
$???
2023
$262,443
2024
$256,935
2025
$242,863
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $262,443
2024 $256,935
2025 $242,863
2026
View More
2027
View More

Most common benefits for Vice President Underwriting

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Vice President Underwriting

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

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

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FAQ about Vice President Underwriting

1. What industry pays the highest salary for Vice President Underwriting?

The Insurance industry offers the highest average compensation for Vice President 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.

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