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Insurance Underwriter III Salary in Abingdon, Illinois

Insurance Underwriter III Salary in Abingdon, IL

How much does an Insurance Underwriter III make in Abingdon, IL? The average Insurance Underwriter III salary in Abingdon, IL is $89,400 as of March 26, 2024, but the range typically falls between $79,600 and $102,700. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Insurance Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter III Salary $70,678 Abingdon,IL March 26, 2024
25th Percentile Insurance Underwriter III Salary $79,600 Abingdon,IL March 26, 2024
50th Percentile Insurance Underwriter III Salary $89,400 Abingdon,IL March 26, 2024
75th Percentile Insurance Underwriter III Salary $102,700 Abingdon,IL March 26, 2024
90th Percentile Insurance Underwriter III Salary $114,809 Abingdon,IL March 26, 2024
25% $79,600 10% $70,678 90% $114,809 75% $102,700 $89,400 50%(Median) Didn’t find job title? Click
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Check out Insurance Underwriter III Job Openings in Abingdon, Illinois

Insurance Underwriter

Diedre Moire Corp. - Chicago, IL

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Insurance Underwriter

Diedre Moire Corp. - The Gap, IL

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Commercial Insurance Underwriter - Midwest Region (REMOTE)

Safesite and Foresight Insurance - Chicago, IL

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Commercial Insurance Underwriter - Midwest Region (REMOTE)

Safesite and Foresight Insurance - Chicago, IL

Apply Now
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Job Description

The Insurance Underwriter III 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 III ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter III 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 III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Insurance Underwriter III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter III in Abingdon, IL
  • Diedre Moire Corp. - Chicago, IL
    Insurance Underwriter - Apartment Building Property E&S Underwriter - Chicago, IL. Insurer of apartment building and hotel property risks seeks experienced...
    - 3 Days Ago
  • Diedre Moire Corp. - The Gap, IL
    Insurance Underwriter - Apartment Building Property E&S Underwriter - Chicago, IL Insurer of apartment building and hotel property risks seeks experienced ...
    - 3 Days Ago
  • Safesite and Foresight Insurance - Chicago, IL
    Foresight Risk and Insurance Services, Inc. ("Foresight") is looking for a Commercial Insurance Underwriter with construction experience based on the East ...
    - 4 Days Ago
  • Safesite and Foresight Insurance - Chicago, IL
    Job Description. Job Description. Foresight Risk and Insurance Services, Inc. ("Foresight") is looking for a Commercial Insurance Underwriter with construc...
    - 5 Days Ago
  • Illinois Mutual Life Insurance Company - Peoria, IL
    Job Description. Job Description. Description. Job Summary. The Underwriter Trainee underwrites individual disability income insurance applications, within...
    - 1 Day Ago

Career Path for this job

  1. Down a level:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Underwriter III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Underwriter IV

    7 + years experience
    Bachelor's Degree

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Understand the total compensation opportunity for an Insurance Underwriter III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
79600
102700
89400

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
83800
112100
95300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter III in Abingdon, IL. The base salary for Insurance Underwriter III ranges from $79,600 to $102,700 with the average base salary of $89,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $83,800 to $112,100 with the average total cash compensation of $95,300.
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79600
102700

 

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About Abingdon, Illinois    Abingdon is a city in Knox County, Illinois, United States, 50 miles (80 km) west of Peoria. It is part of the Galesburg Micropolitan Statistical Area....More

Abingdon, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Abingdon, Illinois

Insurance Underwriter III Salary in popular cities: Chicago, Aurora, Rockford

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