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Insurance Underwriter Salary in Illinois

Explore insurance underwriter salaries in Illinois including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in IL
$92,264
Monthly: $7,689
Biweekly: $3,549
Entry Level
$55,358
Monthly: $4,613
Biweekly: $2,129
Senior Level
$124,556
Monthly: $10,380
Biweekly: $4,791
Job Growth
14%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$55,358$92,264$124,556
Monthly$4,613$7,689$10,380
Biweekly$2,129$3,549$4,791
Weekly$1,065$1,774$2,395
Hourly$27$44$60

IL vs National Comparison

National Median
$87,870
IL Median
$92,264
Difference
+$4,394
Multiplier
1.05x
National
IL

About This Career

Evaluate insurance applications and determine coverage and premiums.

Education

Bachelor's degree in Insurance or related field

Key Skills

Risk AssessmentPolicy AnalysisDecision MakingAttention to Detail

Compare States

See how Illinois compares to other states for insurance underwriter salaries:

TXCANYFLCO

Compare Jobs

Compare salaries for other business & finance jobs in Illinois:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Insurance Underwriter in Illinois

Dig into every angle of a insurance underwriter salary ($92,264 median) in Illinois — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $92,264 in Illinois

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $92,264 in Illinois

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $92,264 in Illinois

Exactly which federal and state brackets your salary crosses.

$350,000 mortgage in Illinois

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $90,000

Savings benchmarks and projections for your income level.

Insurance Underwriter salary in Chicago

Drill down to city-level salary data for Chicago, Illinois.

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Frequently Asked Questions

What is the median insurance underwriter salary in Illinois?

The median insurance underwriter salary in Illinois is $92,264, compared to a national median of $87,870.

What is the entry-level insurance underwriter salary in Illinois?

Entry-level insurance underwriter positions in Illinois typically pay around $55,358 annually.

What is the senior insurance underwriter salary in Illinois?

Senior insurance underwriter professionals in Illinois earn around $124,556 annually.

What is the job growth outlook for insurance underwriter?

The projected 10-year job growth outlook for insurance underwriter positions is 14%, which indicates strong demand in this field.

What education is needed to become a insurance underwriter?

Bachelor's degree in Insurance or related field

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