Underwriter (Life) I Salary in Illinois
Underwriter (Life) I Salary in Illinois
How much does an Underwriter (Life) I make in Illinois? The average Underwriter (Life) I salary in Illinois is $57,161 as of March 26, 2024, but the range typically falls between $51,339 and $63,987. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Underwriter (Life) I Salary | $46,039 | IL | March 26, 2024 |
| 25th Percentile Underwriter (Life) I Salary | $51,339 | IL | March 26, 2024 |
| 50th Percentile Underwriter (Life) I Salary | $57,161 | IL | March 26, 2024 |
| 75th Percentile Underwriter (Life) I Salary | $63,987 | IL | March 26, 2024 |
| 90th Percentile Underwriter (Life) I Salary | $70,201 | IL | March 26, 2024 |
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What skills does an Underwriter (Life) I 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Job Description for Underwriter (Life) I
Underwriter (Life) I reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) I may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) I typically reports to a supervisor or manager. The Underwriter (Life) I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Underwriter (Life) I.
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Chubb - Chicago, ILJob Description. Life Science P&C Underwriter. Chubb is currently seeking a highly motivated and outgoing business professional to join the organization in...- 2 Days Ago
Select a city to view specific salary and bonus information for Underwriter (Life) I
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Cicero, IL | Avg. Salary $58,614 | Date Updated March 26, 2024 |
| Location Mount Prospect, IL | Avg. Salary $58,390 | Date Updated March 26, 2024 |
| Location Abingdon, IL | Avg. Salary $52,914 | Date Updated March 26, 2024 |
| Location Adair, IL | Avg. Salary $53,417 | Date Updated March 26, 2024 |
| Location Addieville, IL | Avg. Salary $54,255 | Date Updated March 26, 2024 |
| Location Addison, IL | Avg. Salary $58,390 | Date Updated March 26, 2024 |
| Location Akin, IL | Avg. Salary $52,635 | Date Updated March 26, 2024 |
| Location Albany, IL | Avg. Salary $52,188 | Date Updated March 26, 2024 |
| Location Albers, IL | Avg. Salary $54,255 | Date Updated March 26, 2024 |
| Location Albion, IL | Avg. Salary $51,406 | Date Updated March 26, 2024 |
Career Path for Underwriter (Life) I
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Underwriter (Life) I, the first career path typically starts with a Health Underwriter position, and then Health Underwriting Manager.
The second career path typically starts with an Underwriter (Life) II position, and then progresses to Life Underwriting Supervisor.
The third career path typically starts with an Underwriter (P/C) II position, and then progresses to Underwriter (P/C) IV.
Additionally, the fourth career path typically starts with an Underwriter II position, and then progresses to Underwriter IV.
What does an Underwriter (Life) I do?
Are you an HR manager or compensation specialist?
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About Illinois
Similar Jobs to Underwriter (Life) I
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Life Underwriting Director | Experience | EducationBachelors | Salary Compared to This Job |
| Job Title Life Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Underwriter (Life) II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Underwriter (Life) III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Level of Education for Underwriter (Life) I
Jobs with different levels of education may pay very differently. Check the Underwriter (Life) I salary of your education level.
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A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Underwriter (Life) I salary varies from category to category. Click below to see Underwriter (Life) I salary in different categories.
About Illinois Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More
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