How much does an Underwriter V make in Chicago, IL?
As of April 01, 2025, the average annual salary for an Underwriter V in Chicago, IL is $137,937. According to Salary.com, salaries can range from a low of $109,857 to a high of $168,070, with most professionals earning between $123,239 and $153,710.
How much does an Underwriter V make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Underwriter V salary data based on specialized databases to help you get a fairer salary.
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Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$148,742 |
$12,395 |
$2,860 |
$72 |
Average |
$133,479 |
$11,123 |
$2,567 |
$64 |
25th Percentile |
$119,256 |
$9,938 |
$2,293 |
$57 |
Last Updated on April 01, 2025
How Does Experience Level Affect an Underwriter V's Salary?
An entry-level Underwriter V with under 1 year experience makes about $132,014.
With less than 2 years of experience, a mid-level Underwriter V makes around $133,111.
After 2-4 years, the Underwriter V pay rises to about $133,550.
Those senior Underwriter V with 5-8 years of experience earn roughly $135,743, and those Underwriter V having 8 years or more experience are expected to earn about $137,498 on average.
Levels |
Salary |
Entry Level Underwriter V
|
$132,014
|
Intermediate Level Underwriter V
|
$133,111
|
Senior Level Underwriter V
|
$133,550
|
Specialist Level Underwriter V
|
$135,743
|
Expert Level Underwriter V
|
$137,498
|
$132,014
0 yr
$133,111
< 2 yrs
$133,550
2-4 yrs
$135,743
5-8 yrs
$137,498
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
1%
|
Mid Level
|
0%
|
Senior Level
|
0%
|
Top Level
|
2%
|
Experienced
|
3%
|
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Last Updated on April 01, 2025