Retail Underwriter Salaries in Illinois
How Much Does a Retail Underwriter Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Retail Underwriter in Illinois is $98,193.
While Salary.com is seeing that Retail Underwriter salary in IL can go up to $124,201
or down to $75,869, but most earn between $86,508 and $111,806.
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 Retail Underwriter
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Similar Job Salaries to Retail Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Mt. McKinley Managers, LLC.
Senior Underwriter - Retail Property / Chicago
|
$110,196/yr
|
RANGE: $99,543 - $120,850
|
|
Everest Insurance
Senior Underwriter - Retail Property / Chicago
|
$111,721/yr
|
RANGE: $100,920 - $122,521
|
|
Sompo
AVP Underwriter, Primary Retail Casualty
|
$110,165/yr
|
RANGE: $99,023 - $121,307
|
|
RealREPP
Underwriter
|
$71,597/yr
|
RANGE: $64,761 - $78,434
|
|
Wintrust Financial Corporation
Underwriter
|
$80,640/yr
|
RANGE: $73,447 - $87,832
|
|
Berkley
Underwriter
|
$71,597/yr
|
RANGE: $64,761 - $78,434
|
|
Allied World
Underwriter/Sr. Underwriter
|
$75,207/yr
|
RANGE: $68,115 - $82,299
|
|
PURE Insurance
Underwriter/Senior Underwriter - Midwest
|
$99,523/yr
|
RANGE: $90,685 - $108,361
|
|
CRC Group
Associate Underwriter
|
$71,597/yr
|
RANGE: $64,761 - $78,434
|
|
axiscapital
Underwriter - Intern
|
$78,863/yr
|
RANGE: $71,884 - $85,842
|
Top 10 Highest Paying Cities For Retail 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 Retail 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 Retail Underwriter job salaries in Illinois.
Some cities can pay higher salaries for Retail Underwriter jobs, which can indicate that there is a large demand for Retail Underwriter positions in this city.
The following table shows top 10 cities where the Retail Underwriter salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Retail Underwriter salary is $99,551 in Chicago,
which is higher than the national average. There are 20 cities' Retail Underwriter salary higher than national average in Illinois.
The average salary for a Retail Underwriter in Illinois is $98,193,
but we found that the city with the highest salary for Retail Underwriter jobs is Chicago, IL, and it is higher than Cicero.
Retail 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 | $99,551 | $8,296 | $1,914 | $48 |
| Cicero | $99,551 | $8,296 | $1,914 | $48 |
| Oak Park | $99,551 | $8,296 | $1,914 | $48 |
| Evanston | $99,512 | $8,293 | $1,914 | $48 |
| Skokie | $99,512 | $8,293 | $1,914 | $48 |
| Oak Lawn | $99,435 | $8,286 | $1,912 | $48 |
| Des Plaines | $99,281 | $8,273 | $1,909 | $48 |
| Mount Prospect | $99,204 | $8,267 | $1,908 | $48 |
| Aurora | $98,780 | $8,232 | $1,900 | $47 |
| Hoffman Estates | $98,694 | $8,224 | $1,898 | $47 |
What Does a Retail Underwriter Do?
If you are a Conventional Underwriter with experience, please read on! We are looking for a Conventional or DE Underwriter to join our team! This is a 100% remote position working with Retail Underwr.
Updated December 13, 2021
For example, a broker-dealer that receives an institutional communication from a mutual fund underwriter is responsible for assuring that its associated persons do not forward the communication to retail investors.
Updated November 23, 2021
If you are a Retail Mortgage Underwriter with experience, please read on! This is an opening available due to growth at a faster rate compared to our competitors.
Updated October 07, 2021
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Explore JobArchitectFrequently Asked Questions About a Retail Underwriter Salaries
What is the average of a Retail Underwriter in Illinois?
The Retail Underwriter salary range is from $86,508 to $111,806, and the average Retail Underwriter salary is $98,193/year in Illinois.
The Retail Underwriter's salary will change in different locations.
Which location pays the highest Retail Underwriter salary in the United States?
The Retail Underwriter salary in San Jose, CA is $121,505
which is the highest in the US.
What kinds of reasons will influence the Retail 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 Retail Underwriter.
What is the growth rate of the Retail Underwriter's salary?
If you are thinking of becoming a Retail Underwriter or planning the next step in your career, find the detailed salary report of a Retail Underwriter.
