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Underwriter Salary in Chicago, Illinois (United States)

The average pay for an Underwriter in Chicago, Illinois is $62,536 per year. Most people with this job move on to other positions after 10 years in this career.
Underwriter in Chicago, Illinois Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$43,717 - $86,320
(Median)
44K
51K
63K
74K
86K
MEDIAN: $62,536
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Salary
$43,717 - $86,320  
   
Bonus
$1,027 - $10,045  
Profit Sharing
$1,006 - $4,972  
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).
)
$43,140 - $94,038  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 124
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Location:
Years in Field/Career:
United States (change)

Insurance Underwriter Job Listings

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Pay by Experience Level for Underwriter in Chicago, Illinois

Median of all compensation (including tips, bonus, and overtime) by years of experience.
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Experience Affects Underwriter in Chicago, Illinois Salaries

Late-Career
up arrow 24%
Mid-Career
up arrow 18%
Experienced
up arrow 15%
National Average
$65,000

Skills That Affect Underwriter in Chicago, Illinois Salaries

Financial Analysis
up arrow 4%
Risk Management / Risk Control
0%
National Average
$65,000
Data Analysis
up arrow 2%
Loan Underwriting
up arrow 17%
Microsoft Excel
up arrow 17%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 32 votes.

Gender

Female
36%
female alumni
 
Male
64%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
42%
5-9 years
35%
10-19 years
11%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 84%
vision benefits Vision: 71% employee benefits None: 6%