As of July 01, 2026, the average salary for an Underwriting Assistant IV in Illinois is $73,252 per year, which breaks down to an hourly rate of $35.
However, an Underwriting Assistant IV's salary can vary significantly. Here’s a look at the typical salary range:
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Underwriting Assistant IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $79,080 | $6,590 | $1,521 | $38 |
| Average | $73,252 | $6,104 | $1,409 | $35 |
| 25th Percentile | $66,660 | $5,555 | $1,282 | $32 |
Confidential - Downers Grove, IL
Confidential - Oak Brook, IL
Confidential - Chicago, IL
Confidential - Chicago, IL
An Underwriting Assistant IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriting Assistant IVs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Underwriting Assistant IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $79,170. While startup companies pay approximate $67,095.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $67,095 |
| Growth Stage | 51~500 | $70,934 |
| Established | 501~5000 | $76,490 |
| Enterprise | 5000+ | $79,170 |
Understanding how an Underwriting Assistant IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $79,080 | $6,590 | $1,521 | $38 |
| Average | $73,252 | $6,104 | $1,409 | $35 |
| 25th Percentile | $66,660 | $5,555 | $1,282 | $32 |
Promotions are the fastest way to increase your earnings. As an Underwriting Assistant IV, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Underwriting Supervisor - Life | $119,511 | 63% |
| Underwriting Manager - Complex Medical | $134,191 | 83% |
| Underwriting Supervisor - P&C | $117,469 | 60% |
| Underwriting Team Leader | $95,399 | 30% |
Ready to take the next step in your career? Browse thousands of current Underwriting Assistant IV job openings on our job board. Use the search bar below to find your perfect match.
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