As of December 01, 2024, the average annual pay of Underwriter III in IL is $98,388. While Salary.com is seeing that Underwriter III salary in IL can go up to $126,447 or down to $77,758, but most earn between $87,589 and $113,075. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter III in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $110,533 | $9,211 | $2,126 | $53 |
| Average | $96,176 | $8,015 | $1,850 | $46 |
| 25th Percentile | $85,620 | $7,135 | $1,647 | $41 |
An entry-level Underwriter III with under 1 year experience makes about $93,101. With less than 2 years of experience, a mid-level Underwriter III makes around $93,903. After 2-4 years, the Underwriter III pay rises to about $95,506. Those senior Underwriter III with 5-8 years of experience earn roughly $97,912, and those Underwriter III having 8 years or more experience are expected to earn about $103,367 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter III | $93,101 |
| Intermediate Level Underwriter III | $93,903 |
| Senior Level Underwriter III | $95,506 |
| Specialist Level Underwriter III | $97,912 |
| Expert Level Underwriter III | $103,367 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 7% |
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Underwriter III salary varies from city to city. Compared with national average salary of Underwriter III, the highest Underwriter III salary is in San Francisco, CA, where the Underwriter III salary is 25.0% above. The lowest Underwriter III salary is in Miami, FL, where the Underwriter III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $120,220 |
25.0%
|
| Washington, DC | $107,044 |
11.3%
|
| Miami, FL | $92,810 |
|
| Chicago, IL | $100,889 |
4.9%
|
| Boston, MA | $107,814 |
12.1%
|
| New York, NY | $112,334 |
16.8%
|
