Business & Finance Aurora, IL Pop. 197,757

Insurance Underwriter Salary in Aurora, Illinois

The median insurance underwriter salary in Aurora, IL is $78,639 per year, which is 1.0% above the national median and 0.0% above the Illinois state average.

City Median
$78,639
vs State Avg
+$0
vs National
+$779
Cost of Living
95%

Insurance Underwriter Salary in Aurora by Experience

In Aurora, an entry-level insurance underwriter earns around $50,500, while experienced professionals earn up to $116,150 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$50,500
+$500 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$116,150
+$1,150 vs national

Salary Percentiles in Aurora, IL

Percentile Aurora
10th Percentile $49,086
25th Percentile $61,812
Median (50th) $78,639
75th Percentile $101,000
90th Percentile $127,664

Insurance Underwriter Salary in Other Illinois Cities

Naperville, IL
$88,760
Pop. 149,540
Chicago, IL
$87,982
Pop. 2,693,976
Springfield, IL
$70,853
Pop. 114,394
Rockford, IL
$68,517
Pop. 148,655

How to Become a Insurance Underwriter in Aurora

Education

Most insurance underwriter positions require a bachelor's degree. Aurora and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Aurora may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Aurora

Browse open insurance underwriter positions in Aurora, IL:

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Frequently Asked Questions: Insurance Underwriter Salary in Aurora

How much does a Insurance Underwriter make in Aurora, IL? ▼
The median insurance underwriter salary in Aurora, Illinois is $78,639 per year, which is 1.0% above the national median of $77,860. Salaries range from $49,086 (10th percentile) to $127,664 (90th percentile).
How much does a Insurance Underwriter make per hour in Aurora? ▼
Based on the median annual salary of $78,639, a insurance underwriter in Aurora earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Aurora compare to the Illinois state average for insurance underwriter pay? ▼
Aurora's median insurance underwriter salary of $78,639 is 0.0% above the Illinois state average of $78,639. The local cost of living index is 95% of the national average.
What is the cost of living in Aurora, IL? ▼
Aurora has a cost of living index of 95% compared to the national average. This means a insurance underwriter salary of $78,639 in Aurora has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Aurora? ▼
Most insurance underwriter positions in Aurora require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.