Insurance Underwriter Salary in Springfield, Illinois
The median insurance underwriter salary in Springfield, IL is $70,853 per year, which is 9% below the national median and 9.9% below the Illinois state average.
Insurance Underwriter Salary in Springfield by Experience
In Springfield, an entry-level insurance underwriter earns around $45,500, while experienced professionals earn up to $104,650 per year. The local cost of living index is 85% of the national average.
Salary Percentiles in Springfield, IL
| Percentile | Springfield |
|---|---|
| 10th Percentile | $44,226 |
| 25th Percentile | $55,692 |
| Median (50th) | $70,853 |
| 75th Percentile | $91,000 |
| 90th Percentile | $115,024 |
Insurance Underwriter Salary in Other Illinois Cities
How to Become a Insurance Underwriter in Springfield
Education
Most insurance underwriter positions require a bachelor's degree. Springfield and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Springfield may vary based on local industry and population growth.