As of January 01, 2025, the average annual salary for an Insurance Underwriter IV in Rockford, IL is $112,500. Salary.com reports that pay typically ranges from $97,200 to $130,300, with most professionals earning between $83,270 and $146,506.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $130,300 | $10,858 | $2,506 | $63 |
| Average | $112,500 | $9,375 | $2,163 | $54 |
| 25th Percentile | $97,200 | $8,100 | $1,869 | $47 |
An entry-level Insurance Underwriter IV with under 1 year experience makes about $104,793. With less than 2 years of experience, a mid-level Insurance Underwriter IV makes around $105,923. After 2-4 years, the Insurance Underwriter IV pay rises to about $107,731. Those senior Insurance Underwriter IV with 5-8 years of experience earn roughly $109,991, and those Insurance Underwriter IV having 8 years or more experience are expected to earn about $114,213 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter IV | $104,793 |
| Intermediate Level Insurance Underwriter IV | $105,923 |
| Senior Level Insurance Underwriter IV | $107,731 |
| Specialist Level Insurance Underwriter IV | $109,991 |
| Expert Level Insurance Underwriter IV | $114,213 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 2% |
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