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Life Underwriting Supervisor Salary in Chicago, IL

How much does a Life Underwriting Supervisor make in Chicago, IL?

As of March 01, 2026, the average salary for a Life Underwriting Supervisor in Chicago, IL is $121,077 per year, which breaks down to an hourly rate of $58.

However, a Life Underwriting Supervisor's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $139,681
  • Majority Range (25th-75th percentile): $113,368 to $130,815
  • Entry-Level (10th percentile): $106,349
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View as table View as graph 25% $113,368 10% $106,349 90% $139,681 75% $130,815 $121,077 50%(Median) Didn’t find job title? Click

Life Underwriting Supervisor Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $130,815 $10,901 $2,516 $63
Average $121,077 $10,090 $2,328 $58
25th Percentile $113,368 $9,447 $2,180 $55
Check out Life Underwriting Supervisor Job Openings in Chicago, IL
Sr Life Underwriting Consultant

Horace Mann - Springfield, IL

Hybrid Senior Life Underwriting Leader

Horace Mann - Springfield, IL

Quality Review Life Underwriting Auditor

Corebridge Financial - Chicago, IL

Senior Underwriting Lead Life Sciences

QBE Insurance Group - Chicago, IL

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Key Factors That Influence Life Underwriting Supervisor Salaries

A Life Underwriting Supervisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Life Underwriting Supervisor Salaries?

Experience is a primary driver of a Life Underwriting Supervisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Underwriter (Life) II (2-4 years): $73,690
  • Underwriter (Life) III (4-7 years): $95,791
  • Life Underwriting Supervisor (7+ years): $121,077
  • Life Underwriting Manager (7+ years): $141,707
  • Life Underwriting Director (7+ years): $168,846
Job Role Years of Experience Average Salary
Underwriter (Life) II2-4 years$73,690
Underwriter (Life) III4-7 years$95,791
Life Underwriting Supervisor7+ years$121,077
Life Underwriting Manager7+ years$141,707
Life Underwriting Director7+ years$168,846
$73,690 Underwrit...
$95,791 Underwrit...
$121,077 Life Unde...
$141,707 Life Unde...
$168,846 Life Unde...
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What Am I Worth?

Top Paying Cities for Life Underwriting Supervisors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $147,779
  • San Francisco: $146,326
  • Oakland: $143,081

Life Underwriting Supervisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Life Underwriting Supervisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on March 01, 2026
$113,368
Average $121,077/year
$130,815
$9,447
Average $10,090/month
$10,901
$2,180
Average $2,328/week
$2,516
$55
Average $58/hour
$63
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $130,815 $10,901 $2,516 $63
Average $121,077 $10,090 $2,328 $58
25th Percentile $113,368 $9,447 $2,180 $55

Life Underwriting Supervisor Salary Growth & Career Path

Life Underwriting Supervisor
Health Underwriting Manager
Life Underwriting Manager
Property Casualty Underwriting Supervisor
Underwriting Supervisor
Health Underwriting Director
Life Underwriting Director
Property Casualty Underwriting Director
Chief Underwriting Officer

Promotions are the fastest way to increase your earnings. As a Life Underwriting Supervisor, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Life Underwriting Supervisor Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Health Underwriting Manager $135,998 12%
Life Underwriting Manager $141,707 17%
Property Casualty Underwriting Supervisor $119,022 -2%
Underwriting Supervisor $107,939 -11%

Salaries of jobs related to Life Underwriting Supervisor

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Cost of Living In Chicago, IL

Cost of Living in Chicago, IL is
12.4% Higher
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