Underwriter in Chicago, Illinois Salary

The average pay for an Underwriter in Chicago, Illinois is $62,727 per year. Most people with this job move on to other positions after 20 years in this career.

$43,508 - $87,961
(Median)
$44K
$63K
$88K
MEDIAN: $62,726
10%
50%
90%

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Local Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$43,508 - $87,961  
   
Bonus
$1,021 - $10,926  
Profit Sharing
$3,025  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$43,095 - $96,037  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 119
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Insurance Underwriter Job Listings

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Pay by Experience Level for Underwriter

Median of all compensation (including tips, bonus, and overtime) by years of experience.

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Experience Affects Underwriter Salaries

Late-Career
up arrow 22%

Mid-Career
up arrow 17%

Experienced
up arrow 13%

National Average
$66,000


Skills That Affect Underwriter Salaries

Financial Analysis
up arrow 5%

National Average
$66,000

Risk Management / Risk Control
up arrow 1%

Customer Service
up arrow 3%


Data Analysis
up arrow 12%

Microsoft Excel
up arrow 18%

Loan Underwriting
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
7%
1-4 years
47%
5-9 years
26%
10-19 years
13%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 83%
medical benefits
Vision: 76%
dental benefits
None: 6%
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