103Insurance Underwriter Profiles
listed with us
Explore how much you can earn
Insurance Underwriter salary in Chicago,IL
How much can you earn as a Insurance Underwriter in Chicago,IL?Insurance Underwriter in Chicago, IL earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Insurance Underwriter typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Insurance Underwriter Chicago, IL
Insurance Underwriters in Chicago, IL, play a crucial role in the financial sector, analyzing insurance applications and deciding whether to provide insurance, and under what terms. They evaluate insurance applications and determine coverage amounts and premiums. Here is a snapshot of the average salary and compensation ranges of Insurance Underwriters in Chicago.
| Compensation | 25th Percentile | 50th Percentile (Median) | 75th Percentile |
|---|---|---|---|
| Average Salary | $60,000 | $70,000 | $80,000 |
| Total Compensation | $65,000 | $75,000 | $85,000 |
Insurance Underwriter Salary by Experience Level
The compensation for Insurance Underwriters also varies significantly with experience. Here's how the total compensation changes with experience.
| Experience Level | Estimated Total Compensation |
|---|---|
| 0-2 Years | $58,000 |
| 3-5 Years | $68,000 |
| 6-10 Years | $78,000 |
| 10+ Years | $88,000 |
Related Roles & Salaries
There are several other roles closely related to Insurance Underwriter, and here's the typical salary range for these roles in Chicago, IL.
| Role | Typical Salary Range |
|---|---|
| Insurance Analyst | $55,000 - $75,000 |
| Risk Manager | $70,000 - $90,000 |
| Claims Adjuster | $50,000 - $70,000 |
| Insurance Sales Agent | $45,000 - $65,000 |
| Insurance Broker | $60,000 - $80,000 |
107Insurance Underwriter Jobs
posted with us
Are you looking for a Job or Hiring Experts?Get right matches acros various industries!Get Started Now!
