Commercial Insurance Underwriter Salaries in Illinois
How Much Does a Commercial Insurance Underwriter Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Insurance Underwriter in Illinois is $151,466.
While Salary.com is seeing that Commercial Insurance Underwriter salary in IL can go up to $200,107
or down to $103,240, but most earn between $126,223 and $176,927.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Commercial Insurance Underwriter
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Similar Job Salaries to Commercial Insurance Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Liberty Mutual Insurance
Commercial Insurance Underwriter
|
$82,412/yr
|
RANGE: $74,121 - $90,703
|
|
Godot Consulting Group
Title Insurance: National Commercial Underwriter - Remote
|
$70,944/yr
|
RANGE: $63,539 - $78,350
|
|
G-PAC
Commercial Underwriter
|
$83,359/yr
|
RANGE: $74,271 - $92,446
|
|
TEKsystems
Insurance Underwriter Assistant
|
$69,550/yr
|
RANGE: $62,659 - $76,440
|
|
Warrior Insurance Network
Commercial Lines Underwriter
|
$71,570/yr
|
RANGE: $64,736 - $78,403
|
|
PNC
Commercial Underwriter III
|
$81,732/yr
|
RANGE: $74,291 - $89,173
|
|
First Chicago Insurance Company (FCIC)
Commercial Lines Underwriter
|
$71,570/yr
|
RANGE: $64,736 - $78,403
|
|
Burns & Wilcox
Commercial Lines Underwriter
|
$87,296/yr
|
RANGE: $79,469 - $95,122
|
|
Burns & Wilcox
Senior Commercial Lines Underwriter
|
$104,417/yr
|
RANGE: $95,690 - $113,143
|
|
Brown & Riding
Associate Underwriter - Wholesale Insurance Brokerage
|
$71,597/yr
|
RANGE: $64,761 - $78,434
|
Top 10 Highest Paying Cities For Commercial Insurance Underwriter Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Commercial Insurance Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Commercial Insurance Underwriter job salaries in Illinois.
Some cities can pay higher salaries for Commercial Insurance Underwriter jobs, which can indicate that there is a large demand for Commercial Insurance Underwriter positions in this city.
The following table shows top 10 cities where the Commercial Insurance Underwriter salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Commercial Insurance Underwriter salary is $153,561 in Chicago,
which is higher than the national average. There are 20 cities' Commercial Insurance Underwriter salary higher than national average in Illinois.
The average salary for a Commercial Insurance Underwriter in Illinois is $151,466,
but we found that the city with the highest salary for Commercial Insurance Underwriter jobs is Chicago, IL, and it is higher than Cicero.
Commercial Insurance Underwriter jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $153,561 | $12,797 | $2,953 | $74 |
| Cicero | $153,561 | $12,797 | $2,953 | $74 |
| Oak Park | $153,561 | $12,797 | $2,953 | $74 |
| Evanston | $153,502 | $12,792 | $2,952 | $74 |
| Skokie | $153,502 | $12,792 | $2,952 | $74 |
| Oak Lawn | $153,383 | $12,782 | $2,950 | $74 |
| Des Plaines | $153,145 | $12,762 | $2,945 | $74 |
| Mount Prospect | $153,026 | $12,752 | $2,943 | $74 |
| Aurora | $152,372 | $12,698 | $2,930 | $73 |
| Hoffman Estates | $152,239 | $12,687 | $2,928 | $73 |
What Does a Commercial Insurance Underwriter Do?
An Associate in Commercial Underwriting (AU) is a person with qualifications to evaluate risk for insurance companies.
Updated December 01, 2021
Property and casualty insurance agents act as field underwriters, initially inspecting homes or rental properties for conditions such as deteriorated roofs or foundations that pose a risk to the carrier.
Updated December 01, 2021
Insurance underwriters assume the risk of a future event and charge premiums in return for a promise to reimburse the client an amount in the event damage or occurs.
Updated November 27, 2021
Insurance underwriters are professionals who evaluate and analyze the risks involved in insuring people and assets.
Updated November 21, 2021
A career as a commercial lines underwriter typically requires a bachelor’s degree with coursework in finance, business, mathematics, and economics.
Updated November 15, 2021
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Explore JobArchitectFrequently Asked Questions About a Commercial Insurance Underwriter Salaries
What is the average of a Commercial Insurance Underwriter in Illinois?
The Commercial Insurance Underwriter salary range is from $126,223 to $176,927, and the average Commercial Insurance Underwriter salary is $151,466/year in Illinois.
The Commercial Insurance Underwriter's salary will change in different locations.
Which location pays the highest Commercial Insurance Underwriter salary in the United States?
The Commercial Insurance Underwriter salary in San Jose, CA is $187,427
which is the highest in the US.
What kinds of reasons will influence the Commercial Insurance Underwriter's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Commercial Insurance Underwriter.
What is the growth rate of the Commercial Insurance Underwriter's salary?
If you are thinking of becoming a Commercial Insurance Underwriter or planning the next step in your career, find the detailed salary report of a Commercial Insurance Underwriter.
