How much does an Underwriting Manager make in Chicago, IL? The average Underwriting Manager salary in Chicago, IL is $120,181 as of March 29, 2021, but the range typically falls between $102,452 and $147,203. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Underwriting Manager manages daily operations of the underwriting process. Provides credit decisions and recommendations for complex cases. Being an Underwriting Manager reviews plans and procedures regarding risk management, application and renewal, and acceptance and rejection. Requires a bachelor's degree. Additionally, Underwriting Manager typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2021 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2019
What does an Underwriting Manager do?
Underwriting Manager in Addison, TX
Performs employee reviews, and counseling when needed, as well as recommending salary increases, hiring and firing of regional underwriting staff, and tracking employee attendance.
October 29, 2020
Monitors and manages daily workflow on loan files and maintaining companyÆs turn time.
December 07, 2020
Demonstrated judgment and decision making ability.
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Manager in Chicago, IL. The base salary for Underwriting Manager ranges from $102,452 to $147,203 with the average base salary of $120,181. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,567 to $167,180 with the average total cash compensation of $136,935.