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How much does an Insurance Underwriter IV make in Rockford, IL? The average Insurance Underwriter IV salary in Rockford, IL is $110,500 as of May 28, 2024, but the range typically falls between $95,500 and $127,900. 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.

Insurance Underwriter IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter IV Salary $81,843 Rockford,IL May 28, 2024
25th Percentile Insurance Underwriter IV Salary $95,500 Rockford,IL May 28, 2024
50th Percentile Insurance Underwriter IV Salary $110,500 Rockford,IL May 28, 2024
75th Percentile Insurance Underwriter IV Salary $127,900 Rockford,IL May 28, 2024
90th Percentile Insurance Underwriter IV Salary $143,742 Rockford,IL May 28, 2024
25% $95,500 10% $81,843 90% $143,742 75% $127,900 $110,500 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Underwriter IV 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 an Insurance Underwriter IV ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter IV 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 an Insurance Underwriter IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as an Insurance Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Insurance Underwriter IV in Rockford, IL
  • Job Description. Job Description. Salary: $90,000 - $100,000 (commensurate with experience). Location. Chicago or Rolling Meadows, IL. Work Arrangement. On...
    - 4 Days Ago
  • Job Description. Job Description. Foresight Risk and Insurance Services, Inc. ("Foresight") is looking for a Commercial Insurance Underwriter with construc...
    - 3 Days Ago
  • Senior Insurance Property Underwriter - Apartment Buildings - Naperville, ILSeeking 5+ years of large habitational building underwriting experience with an...
    - 4 Days Ago
  • Description. Summary. The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and complia...
    - Just Posted
  • Insurance Underwriter - Management Liability D&O - Chicago, ILSeeking individual to bring Management Liability underwriting expertise to a stable and growi...
    - 1 Day Ago
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Average Base Salary

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95500
127900
110500

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
101800
144500
122300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter IV in Rockford, IL. The base salary for Insurance Underwriter IV ranges from $95,500 to $127,900 with the average base salary of $110,500. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $101,800 to $144,500 with the average total cash compensation of $122,300.
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95500
127900

 

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About Rockford, Illinois    Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

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

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