Average Insurance Underwriter with Commercial Skills Salary in Chicago, Illinois

Average Insurance Underwriter with Commercial Skills Salary in Chicago, Illinois

$67,350
Avg. Base Salary (USD)
10%
$40k
MEDIAN
$67k
90%
$164k

The average salary for an Insurance Underwriter is $67,350

Base Salary
$40k - $164k
Bonus
$0 - $7k
Total Pay
$40k - $164k
Is Average Insurance Underwriter with Commercial Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
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What Do Insurance Underwriters Do?

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.
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Gender Breakdown

Female
80.0%
Male
20.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

67%

Dental

67%

Vision

56%

None

33%