How much does an Underwriter (P/C) I make in Elgin, IL?
As of March 01, 2025, the average annual salary for an Underwriter (P/C) I in Elgin, IL is $64,618. According to Salary.com, salaries can range from a low of $53,521 to a high of $82,228, with most professionals earning between $58,809 and $73,836.
How much does an Underwriter (P/C) I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Underwriter (P/C) I salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Underwriter (P/C) I hourly pay, weekly pay, monthly pay and so on.
Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$71,546 |
$5,962 |
$1,376 |
$34 |
Average |
$62,614 |
$5,218 |
$1,204 |
$30 |
25th Percentile |
$56,986 |
$4,749 |
$1,096 |
$27 |
Last Updated on March 01, 2025
How Does Experience Level Affect an Underwriter (P/C) I's Salary?
An entry-level Underwriter (P/C) I with under 1 year experience makes about $63,436.
With less than 2 years of experience, a mid-level Underwriter (P/C) I makes around $63,865.
After 2-4 years, the Underwriter (P/C) I pay rises to about $65,497.
Those senior Underwriter (P/C) I with 5-8 years of experience earn roughly $66,585, and those Underwriter (P/C) I having 8 years or more experience are expected to earn about $66,857 on average.
Levels |
Salary |
Entry Level Underwriter (P/C) I
|
$63,436
|
Intermediate Level Underwriter (P/C) I
|
$63,865
|
Senior Level Underwriter (P/C) I
|
$65,497
|
Specialist Level Underwriter (P/C) I
|
$66,585
|
Expert Level Underwriter (P/C) I
|
$66,857
|
$63,436
0 yr
$63,865
< 2 yrs
$65,497
2-4 yrs
$66,585
5-8 yrs
$66,857
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
1%
|
Mid Level
|
2%
|
Senior Level
|
5%
|
Top Level
|
6%
|
Experienced
|
7%
|
View as graph
View as table
Last Updated on March 01, 2025