How Much Does a Property Underwriter Make in Springfield, IL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Property Underwriter in Springfield, IL is $71,115. While Salary.com is seeing that Property Underwriter salary in Springfield, IL can go up to $89,980 or down to $55,125, but most earn between $62,745 and $80,990. 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 Property Underwriter
Facultative Property Underwriter
$51,265
Springfield, IL
Per Year
Property and Casualty Underwriter
$72,497
Springfield, IL
Per Year
Senior Property Underwriter
$116,030
Springfield, IL
Per Year
Property Casualty Insurance Underwriter IV
$103,500
Springfield, IL
Per Year
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Similar Job Salaries to Property Underwriter by Company

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Company average base salary in (usd) range
Allianz
Executive Underwriter - Property
$101,723/yr
$91,139
$112,307
RANGE: $91,139 - $112,307
RLI Insurance Company
Associate Underwriter - E&S Property
$71,597/yr
$64,761
$78,434
RANGE: $64,761 - $78,434
Mt. McKinley Managers, LLC.
Senior Underwriter - Retail Property / Chicago
$110,196/yr
$99,543
$120,850
RANGE: $99,543 - $120,850
RealREPP
Underwriter
$71,597/yr
$64,761
$78,434
RANGE: $64,761 - $78,434
$80,640/yr
$73,447
$87,832
RANGE: $73,447 - $87,832
Fay Group
Underwriter
$83,425/yr
$75,984
$90,866
RANGE: $75,984 - $90,866
Beazley
Underwriter
$106,464/yr
$97,792
$115,137
RANGE: $97,792 - $115,137
Everest Insurance Chile
Junior Underwriter Property
$68,891/yr
$62,415
$75,367
RANGE: $62,415 - $75,367
Richmond National
Underwriter, Commercial Property
$67,427/yr
$60,988
$73,865
RANGE: $60,988 - $73,865

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What Does a Property Underwriter Do?

A property underwriter helps determine coverage amounts and premiums on property that may include houses, land, boats, cars or other valuable property.
Updated November 29, 2021

Frequently Asked Questions About a Property Underwriter Salaries

What is the average of a Property Underwriter in Springfield, IL?

The Property Underwriter salary range is from $62,745 to $80,990, and the average Property Underwriter salary is $71,115/year in Springfield, IL. The Property Underwriter's salary will change in different locations.

Which location pays the highest Property Underwriter salary in the United States?

The Property Underwriter salary in San Jose, CA is $92,873 which is the highest in the US.

What kinds of reasons will influence the Property 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 Property Underwriter.

What is the growth rate of the Property Underwriter's salary?

If you are thinking of becoming a Property Underwriter or planning the next step in your career, find the detailed salary report of a Property Underwriter.