Underwriting Director Salary in the United States

How much does an Underwriting Director make in the United States? The average Underwriting Director salary in the United States is $188,353 as of May 25, 2023, but the range typically falls between $166,185 and $218,635. 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.  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 2023 Salary.com)

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Average Base Salary

Core compensation

 
 
 
166185
218635
188353

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
193484
278783
229886
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Director in the United States. The base salary for Underwriting Director ranges from $166,185 to $218,635 with the average base salary of $188,353. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $193,484 to $278,783 with the average total cash compensation of $229,886.
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166185
218635

 

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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