Insurance Underwriter II Salary in Illinois
Insurance Underwriter II Salary in Illinois
How much does an Insurance Underwriter II make in Illinois? The average Insurance Underwriter II salary in Illinois is $74,600 as of March 26, 2024, but the range typically falls between $66,800 and $86,100. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Insurance Underwriter II Salary | $59,699 | IL | March 26, 2024 |
| 25th Percentile Insurance Underwriter II Salary | $66,800 | IL | March 26, 2024 |
| 50th Percentile Insurance Underwriter II Salary | $74,600 | IL | March 26, 2024 |
| 75th Percentile Insurance Underwriter II Salary | $86,100 | IL | March 26, 2024 |
| 90th Percentile Insurance Underwriter II Salary | $96,570 | IL | March 26, 2024 |
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Job Description
The Insurance Underwriter II utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter II ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter II may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Insurance Underwriter II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)
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Career Path for this job
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Down a level:
Insurance Underwriter I
0 - 2 years experience
Bachelor's Degree -
This Job:
Insurance Underwriter II
2 - 4 years experience
Bachelor's Degree -
Up a level:
Insurance Underwriter III
4 - 7 years experience
Bachelor's Degree
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Select a city to view specific salary and bonus information for Insurance Underwriter II
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Cicero, IL | Avg. Salary $76,418 | Date Updated March 26, 2024 |
| Location Mount Prospect, IL | Avg. Salary $76,126 | Date Updated March 26, 2024 |
| Location Abingdon, IL | Avg. Salary $68,987 | Date Updated March 26, 2024 |
| Location Adair, IL | Avg. Salary $69,643 | Date Updated March 26, 2024 |
| Location Addieville, IL | Avg. Salary $70,736 | Date Updated March 26, 2024 |
| Location Addison, IL | Avg. Salary $76,126 | Date Updated March 26, 2024 |
| Location Akin, IL | Avg. Salary $68,623 | Date Updated March 26, 2024 |
| Location Albany, IL | Avg. Salary $68,040 | Date Updated March 26, 2024 |
| Location Albers, IL | Avg. Salary $70,736 | Date Updated March 26, 2024 |
| Location Albion, IL | Avg. Salary $67,020 | Date Updated March 26, 2024 |
About Illinois
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About Illinois Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More
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