The average salary for a underwriter in Illinois is around $60,490 per year.
Avg Salary
Underwriters earn an average yearly salary of $60,490.
Wages typically start from $37,930 and go up to $112,590.
0% above national average Updated in 2021
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$54.13 per hour
$112,590 per year
75th percentile
Senior-level underwriter earnings begin at:
$38.14 per hour
$79,320 per year
50th percentile
Mid-level underwriter earnings begin at:
$29.08 per hour
$60,490 per year
25th percentile
Junior-level underwriter earnings begin at:
$22.90 per hour
$47,630 per year
10th percentile
Starting level underwriter earnings begin at:
$18.24 per hour
$37,930 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $98,760 |
| New York | $97,070 |
| Massachusetts | $96,780 |
| Connecticut | $81,410 |
| Washington | $80,960 |
| California | $80,820 |
| Oregon | $80,160 |
| New Jersey | $80,070 |
| Nevada | $78,680 |
| Colorado | $78,160 |
| Rhode Island | $78,060 |
| New Hampshire | $77,740 |
| Wisconsin | $77,450 |
| Maryland | $77,370 |
| Ohio | $77,050 |
| Pennsylvania | $77,030 |
| Maine | $76,840 |
| Georgia | $76,710 |
| Indiana | $76,060 |
| South Dakota | $76,060 |
| Kansas | $75,370 |
| North Carolina | $73,430 |
| Arizona | $72,640 |
| Arkansas | $72,170 |
| Oklahoma | $70,250 |
| Texas | $69,610 |
| Minnesota | $67,270 |
| Alaska | $63,960 |
| Vermont | $63,960 |
| Utah | $63,850 |
| Nebraska | $63,300 |
| Florida | $63,290 |
| Michigan | $63,240 |
| Tennessee | $62,390 |
| Iowa | $62,320 |
| Alabama | $62,020 |
| Virginia | $62,020 |
| Hawaii | $61,340 |
| New Mexico | $61,320 |
| North Dakota | $60,550 |
| Illinois | $60,490 |
| South Carolina | $60,490 |
| Mississippi | $60,380 |
| Missouri | $60,310 |
| Kentucky | $59,130 |
| Louisiana | $57,660 |
| Idaho | $49,490 |
| Wyoming | $49,150 |
| Montana | $48,630 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Delaware | $103,670 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Illinois. On average, they make less than cost estimators but more than tax preparers.
| Career | Median Salary |
|---|---|
| Cost estimator salary | $77K |
| Revenue agent salary | $68K |
| Loan officer salary | $63K |
| Accountant salary | $75K |
| Auditor salary | $75K |
| Underwriter salary | $60K |
| Market research analyst salary | $62K |
| Fundraiser salary | $60K |
| Insurance appraiser salary | $52K |
| Tax preparer salary | $47K |
Source: CareerExplorer (Aggregated)