Underwriting Officer Salaries in Illinois
How Much Does an Underwriting Officer Make in Illinois?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Underwriting Officer in Illinois is $80,694.
While Salary.com is seeing that Underwriting Officer salary in IL can go up to $93,577
or down to $63,414, but most earn between $71,649 and $87,438.
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 Underwriting Officer
Assistant Commercial Credit Underwriting and Analysis Officer
$55,009
Illinois
Per Year
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Similar Job Salaries to Underwriting Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
AmTrust Financial
Deputy Home Office Underwriting Officer, E&S
|
$158,696/yr
|
RANGE: $131,594 - $185,798
|
|
Zurich North America
Commercial Surety Underwriting Officer (Account Executive or AVP Level)
|
$175,239/yr
|
RANGE: $140,223 - $210,256
|
|
Liberty Mutual Insurance
Underwriting Officer
|
$179,033/yr
|
RANGE: $143,053 - $215,013
|
|
Zurich North America
AVP, Underwriting Officer Or VP Senior Underwriting Officer
|
$171,981/yr
|
RANGE: $137,666 - $206,297
|
|
IH Mississippi Valley Credit Union
Underwriting Manager
|
$100,620/yr
|
RANGE: $83,297 - $117,942
|
|
AG1 Asurion Insurance Services
Director, Underwriting
|
$190,017/yr
|
RANGE: $159,825 - $220,210
|
|
AXA XL
UNDERWRITING ASSISTANT
|
$74,608/yr
|
RANGE: $64,739 - $84,476
|
Top 10 Highest Paying Cities For Underwriting Officer Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Underwriting Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Underwriting Officer job salaries in Illinois.
Some cities can pay higher salaries for Underwriting Officer jobs, which can indicate that there is a large demand for Underwriting Officer positions in this city.
The following table shows top 10 cities where the Underwriting Officer salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Evanston.
The Underwriting Officer salary is $82,745 in Chicago,
which is higher than the national average. There are 20 cities' Underwriting Officer salary higher than national average in Illinois.
The average salary for an Underwriting Officer in Illinois is $80,694,
but we found that the city with the highest salary for Underwriting Officer jobs is Chicago, IL, and it is higher than Cicero.
Underwriting Officer 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 | $82,745 | $6,895 | $1,591 | $40 |
| Cicero | $82,745 | $6,895 | $1,591 | $40 |
| Evanston | $82,745 | $6,895 | $1,591 | $40 |
| Oak Park | $82,745 | $6,895 | $1,591 | $40 |
| Skokie | $82,745 | $6,895 | $1,591 | $40 |
| Oak Lawn | $82,666 | $6,889 | $1,590 | $40 |
| Des Plaines | $82,508 | $6,876 | $1,587 | $40 |
| Mount Prospect | $82,429 | $6,869 | $1,585 | $40 |
| Aurora | $82,035 | $6,836 | $1,578 | $39 |
| Hoffman Estates | $82,035 | $6,836 | $1,578 | $39 |
What Does an Underwriting Officer Do?
Adam has experience working for US/London insurance companies, Lloyd’s syndicates, Lloyd’s brokers and underwriting agencies across all forms of speciality, financial and P&C lines, including General Liability, CAR, Product Liability, Professional Indemnity and Directors & Officers.
Updated November 30, 2021
As chief underwriting officer for Public Entities, Manwaring will focus on expanding the practice focused on the complex risks facing K-12 school systems, government operations and higher education.
Updated December 15, 2021
Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance - Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance - Public Entities and Programs.
Updated November 30, 2021
The main duties of the Underwriting & Statistics Officer shall comprise amongst others the following:.
Updated November 28, 2021
Chubb Appoints Hilda Toh as Property and Casualty Chief Underwriting Officer for United Kingdom, Ireland and South Africa.
Updated October 27, 2021
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Explore JobArchitectFrequently Asked Questions About an Underwriting Officer Salaries
What is the average of an Underwriting Officer in Illinois?
The Underwriting Officer salary range is from $71,649 to $87,438, and the average Underwriting Officer salary is $80,694/year in Illinois.
The Underwriting Officer's salary will change in different locations.
Which location pays the highest Underwriting Officer salary in the United States?
The Underwriting Officer salary in San Jose, CA is $98,994
which is the highest in the US.
What kinds of reasons will influence the Underwriting Officer'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 Underwriting Officer.
What is the growth rate of the Underwriting Officer's salary?
If you are thinking of becoming an Underwriting Officer or planning the next step in your career, find the detailed salary report of an Underwriting Officer.
