Insurance Underwriter Salary in Illinois
The median insurance underwriter salary in Illinois is $78,639 per year, which is 1.0% above the national median of $77,860.
Insurance Underwriter Salary in Illinois by Experience
In Illinois, an entry-level insurance underwriter earns around $50,500, while experienced professionals earn up to $116,150 per year. The cost of living index in Illinois is 95% of the national average.
Salary Percentiles in Illinois
| Percentile | IL Salary |
|---|---|
| 10th Percentile | $49,086 |
| 25th Percentile | $61,812 |
| Median (50th) | $78,639 |
| 75th Percentile | $101,000 |
| 90th Percentile | $127,664 |
Major Cities for Insurance Underwriters in Illinois
The largest employment areas for insurance underwriters in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Insurance Underwriter in Illinois
Education
Most insurance underwriter positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Illinois
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Illinois's demand may vary based on local industry trends.