Underwriter Salary in Chicago, Illinois (United States)

The average pay for an Underwriter in Chicago, Illinois is $62,081 per year. Most people with this job move on to other positions after 20 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.
)
$43,200 - $85,958
(Median)
43K
62K
74K
86K
MEDIAN: $62,080
10%
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
$43,200 - $85,958  
   
Bonus
$1,000 - $10,096  
Profit Sharing
$1,017 - $5,000  
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).
)
$42,819 - $93,825  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 128
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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.

Experience Affects Underwriter in Chicago, Illinois Salaries

Late-Career
up arrow 25%
Mid-Career
up arrow 18%
Experienced
up arrow 14%
National Average
$64,000

Skills That Affect Underwriter in Chicago, Illinois Salaries

Financial Analysis
up arrow 6%
Risk Management / Risk Control
up arrow 2%
National Average
$64,000
Insurance
up arrow 3%
Data Analysis
up arrow 13%
Loan Underwriting
up arrow 16%
Microsoft Excel
up arrow 17%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 35 votes.

Gender

Female
40%
female alumni
 
Male
60%
male alumni

Years of Experience

Less than 1 year
7%
1-4 years
39%
5-9 years
37%
10-19 years
11%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 80%
vision benefits Vision: 71% employee benefits None: 7%
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