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Underwriting Manager - Complex Medical Salary in Illinois

How much does an Underwriting Manager - Complex Medical make in Illinois?

As of July 01, 2026, the average salary for an Underwriting Manager - Complex Medical in Illinois is $134,191 per year, which breaks down to an hourly rate of $65.

However, an Underwriting Manager - Complex Medical's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $152,544
  • Majority Range (25th-75th percentile): $125,478 to $143,798
  • Entry-Level (10th percentile): $117,545
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View as table View as graph 25% $125,478 10% $117,545 90% $152,544 75% $143,798 $134,191 50%(Median) Didn’t find job title? Click

Underwriting Manager - Complex Medical Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $143,798 $11,983 $2,765 $69
Average $134,191 $11,183 $2,581 $65
25th Percentile $125,478 $10,456 $2,413 $60
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Key Factors That Influence Underwriting Manager - Complex Medical Salaries

An Underwriting Manager - Complex Medical's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Underwriting Manager - Complex Medical Salaries?

Experience is a primary driver of an Underwriting Manager - Complex Medical's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Health Underwriter (2-4 years): $72,680
  • Health Underwriter, Sr. (4-7 years): $94,486
  • Underwriting Manager - Complex Medical (7+ years): $134,191
  • Health Underwriting Director (7+ years): $166,537
Job Role Years of Experience Average Salary
Health Underwriter2-4 years$72,680
Health Underwriter, Sr.4-7 years$94,486
Underwriting Manager - Complex Medical7+ years$134,191
Health Underwriting Director7+ years$166,537
$72,680 Health Un...
$94,486 Health Un...
$134,191 Underwrit...
$166,537 Health Un...
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What Am I Worth?

Top Paying Cities for Underwriting Manager - Complex Medicals

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:

  • Effingham: $123,697
  • Saint Peter: $123,527
  • Salem: $123,997

Underwriting Manager - Complex Medical Salary by Company Size: Startups vs. Enterprise

Underwriting Manager - Complex Medical salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $145,031. While startup companies pay approximate $122,912.

Underwriting Manager - Complex Medical Salary by Company Size

Company Size Employees Average Salary
Startup1~50$122,912
Growth Stage51~500$129,944
Established501~5000$140,122
Enterprise5000+$145,031

Underwriting Manager - Complex Medical Salary by Industry: Top Paying Sectors

For Underwriting Manager - Complex Medical roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 40% above the average. In contrast, Underwriting Manager - Complex Medical positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Underwriting Manager - Complex Medical as a support function rather than a direct revenue driver.

The top paying industries for an Underwriting Manager - Complex Medical

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Healthcare$187,867$90.040%
Financial Services$161,029$77.020%

Underwriting Manager - Complex Medical Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Manager - Complex Medical'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on July 01, 2026
$125,478
Average $134,191/year
$143,798
$10,456
Average $11,183/month
$11,983
$2,413
Average $2,581/week
$2,765
$60
Average $65/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $143,798 $11,983 $2,765 $69
Average $134,191 $11,183 $2,581 $65
25th Percentile $125,478 $10,456 $2,413 $60

Underwriting Manager - Complex Medical Salary Growth & Career Path

Underwriting Manager - Complex Medical
Underwriting Director - Life
Underwriting Director - Complex Medical
Underwriting Director - P&C
Underwriting Senior Manager
VP of Underwriting - Life
VP of Underwriting - P&C
SVP of Underwriting

Promotions are the fastest way to increase your earnings. As an Underwriting Manager - Complex Medical, 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.

Underwriting Manager - Complex Medical Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Underwriting Director - Life $166,537 24%
Underwriting Director - Complex Medical $166,537 24%
Underwriting Director - P&C $226,931 69%
Underwriting Senior Manager $166,153 24%

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