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Loan Underwriting Supervisor Salary in Chicago, Illinois

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Loan Underwriting Supervisor Salary in Chicago, IL

How much does a Loan Underwriting Supervisor make?

As of December 01, 2024, the average annual pay of Loan Underwriting Supervisor in Chicago, IL is $109,240. While Salary.com is seeing that Loan Underwriting Supervisor salary in Chicago, IL can go up to $132,450 or down to $72,658, but most earn between $90,091 and $121,389. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriting Supervisor in the United States.

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Loan Underwriting Supervisor Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $115,718 $9,643 $2,225 $56
Average $104,137 $8,678 $2,003 $50
25th Percentile $85,883 $7,157 $1,652 $41
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Average Salary

25% $90,091 10% $72,658 90% $132,450 75% $121,389 $109,240 50%(Median) Didn’t find job title? Click
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View Loan Underwriting Supervisor Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Loan Underwriting Supervisor salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Loan Underwriting Supervisor hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$85,883
Average
$104,137/year
$115,718
$7,157
Average
$8,678/month
$9,643
$1,652
Average
$2,003/week
$2,225
$41
Average
$50/hour
$56
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $115,718 $9,643 $2,225 $56
Average $104,137 $8,678 $2,003 $50
25th Percentile $85,883 $7,157 $1,652 $41
Last Updated on December 01, 2024

View Loan Underwriting Supervisor Salary by Experience Levels

An entry-level Loan Underwriting Supervisor with under 1 year experience makes about $101,563. With less than 2 years of experience, a mid-level Loan Underwriting Supervisor makes around $102,416. After 2-4 years, the Loan Underwriting Supervisor pay rises to about $105,259. Those senior Loan Underwriting Supervisor with 5-8 years of experience earn roughly $108,672, and those Loan Underwriting Supervisor having 8 years or more experience are expected to earn about $111,739 on average.

Levels Salary
Entry Level Loan Underwriting Supervisor $101,563
Intermediate Level Loan Underwriting Supervisor $102,416
Senior Level Loan Underwriting Supervisor $105,259
Specialist Level Loan Underwriting Supervisor $108,672
Expert Level Loan Underwriting Supervisor $111,739
$101,563 0 yr
$102,416 < 2 yrs
$105,259 2-4 yrs
$108,672 5-8 yrs
$111,739 > 8 yrs
Last Updated on December 01, 2024
Entry Level 2%
Mid Level 2%
Senior Level 1%
Top Level 4%
Experienced 7%
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Last Updated on December 01, 2024

Highest Paying Cities in Illinois for Loan Underwriting Supervisor

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Job Openings of Loan Underwriting Supervisor

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Cost of Living In Chicago, IL

Cost of Living in Chicago , IL is
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Best-Paid Skills and Qualifications for Loan Underwriting Supervisor

What skills does a Loan Underwriting Supervisor need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.

3.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

See More Skills
Analysis 6.65%
Credit Management 1.58%
Billing 0.95%
Others 90.82%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Underwriting Supervisor higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Process Improvement, you can get a 51% salary raise. If you are good at Communicates Effectively, your salary will increase by 13%. If you are expert in Attention to Detail, your salary will rise by 9%.
Skill Salary Demand
Process Improvement
 $164,952
51%
Communicates Effectively
 $123,441
13%
Attention to Detail
 $119,071
9%
Accounts Receivable
 $119,071
9%
Logistics
 $117,979
8%
Communication Skills
 $117,979
8%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Loan Underwriting Supervisor is $109,240 per year in Chicago, IL, updated at December 01, 2024.
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