Underwriter in Chicago, Illinois Salary

The average pay for an Underwriter in Chicago, Illinois is $63,877 per year. A skill in Financial Analysis is associated with high pay for this job.

$49,678 - $82,147
$50K
$64K
$82K
MEDIAN: $63,877
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$30K$60K$90K
Salary
$49,678 - $82,147  
   
Bonus
$2,027 - $10,186  
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).
)
$50,324 - $87,682  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 51

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United States (change)

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About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

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.

Key Stats for Underwriter

Gender

Female
38 %
Male
62 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
Less than 1 year
5%
1-4 years
60%
5-9 years
24%
10-19 years
7%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Mid-Career
▲20%

Late-Career
▲18%

Experienced
▲3%

National Average
$68,000

▼9%

Skills That Affect Underwriter Salaries

Financial Analysis
▲13%

Risk Management / Risk Control
▲4%

Insurance
▼0%

National Average
$68,000

Loan Underwriting
▼1%

Data Analysis
▼14%

Customer Service
▼15%

Microsoft Excel
▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
5%
1-4 years
60%
5-9 years
24%
10-19 years
7%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 98%
dental benefits
Dental: 83%
vision benefits
Vision: 74%
dental benefits
None: 2%
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