Underwriting Director Salary in the United States

How much does an Underwriting Director make hourly in the United States? The average hourly wage for an Underwriting Director in the United States is $87 as of April 26, 2022, but the range typically falls between $77 and $101. Hourly rate 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.  View the Cost of Living in Major Cities

Job Description

Directs and implements underwriting strategy, operations, and policy development for product lines. Ensures profitability, growth, and efficiencies that align with the organization's goals and objectives. Establishes financial control guidelines, tools, administrative standards, and best practices. Researches competitors and market conditions to develop and maintain risk selection criteria and methods that support sound risk management. Requires a bachelor's degree. Typically reports to top underwriting executive. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Underwriting Director, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
77
101
87

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
89
129
106
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Underwriting Director in the United States. The average hourly rate for Underwriting Director ranges from $77 to $101 with the average hourly pay of $87. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $89 to $129 with the average total hourly cash compensation of $106.
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77
101

 

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Career Path for this job

  1. Down a level:

    Underwriting Senior Manager


    Bachelor's Degree

  2. This Job:

    Underwriting Director


    Bachelor's Degree

  3. Up a level:

    Top Underwriting Executive


    Bachelor's Degree

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Job Openings for Underwriting Director