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Chief Underwriting Officer Salary

How much does a Chief Underwriting Officer make in the United States?
Get insights on the salary, benefits, education and job description.

$177,490 (USD)/yr

Average Base Salary

$85 (USD)/hr

Average Hourly Rate

$19,559 (USD)/yr

Average Bonus
The average chief underwriting officer salary in United States is $177,490 or an equivalent hourly rate of $85. In addition, they earn an average bonus of $19,559. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
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Salary by Experience

$121,881 (USD)

Entry Level Salary

$221,733 (USD)

Senior Level Salary
An entry level chief underwriting officer (1-3 years of experience) earns an average salary of $121,881. On the other end, a senior level chief underwriting officer (8+ years of experience) earns an average salary of $221,733.

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Salary Potential
Estimated salary in 2023:
$205,760 (USD)
5 Year Change:
16 %
Job Description
Directs and coordinates activities for the underwriting management team, and presides over underwriting for all lines of insurance offered by the organization. Oversees the direction of the underwriters performing analysis and making underwriting decisions for the organization. Establishes policies and objectives in line with objectives of the organization, conferring with other organization top executives.
Education
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About the Data
The above data is a sample of data available in ERI"s Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI"s Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.

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