Average Insurance Underwriter with Financial Analysis Skills Salary in Chicago, Illinois

$62,000
Avg. Salary
$4,000
Bonus
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The average salary for an Insurance Underwriter with Financial Analysis skills in Chicago, Illinois is $62,000.
25%
$45k
MEDIAN
$62k
75%
$75k
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United States (change)
Salary
$45k - $75k
Bonus
$2k - $6k
Total Pay
$45k - $83k

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Job Description for Insurance Underwriter

Insurance Underwriter Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

Insurance Underwriter Job Listings

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Popular Skills for Insurance Underwriter

Skills in Insurance are correlated to pay that is above average. Skills that pay less than market rate include Risk Management / Risk Control and Commercial.

Pay Difference by Location

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Years of Experience

This data is based on 5 survey responses.
Early Career
100.0%

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