Business & Finance Rockford, IL
Pop. 148,655
Insurance Underwriter Salary in Rockford, Illinois
The median insurance underwriter salary in Rockford, IL is $68,517 per year, which is 12% below the national median and 12.9% below the Illinois state average.
City Median
$68,517
vs State Avg
$-10,122
vs National
$-9,343
Cost of Living
82%
Insurance Underwriter Salary in Rockford by Experience
In Rockford, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 82% of the national average.
Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national
Salary Percentiles in Rockford, IL
| Percentile | Rockford |
|---|---|
| 10th Percentile | $42,768 |
| 25th Percentile | $53,856 |
| Median (50th) | $68,517 |
| 75th Percentile | $88,000 |
| 90th Percentile | $111,232 |
Insurance Underwriter Salary in Other Illinois Cities
How to Become a Insurance Underwriter in Rockford
Education
Most insurance underwriter positions require a bachelor's degree. Rockford 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 Rockford may vary based on local industry and population growth.