Underwriting Team Lead Salaries in Illinois
How Much Does an Underwriting Team Lead Make in Illinois?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Underwriting Team Lead in Illinois is $113,413.
While Salary.com is seeing that Underwriting Team Lead salary in IL can go up to $148,585
or down to $80,998, but most earn between $96,446 and $131,823.
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 Team Lead
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Similar Job Salaries to Underwriting Team Lead by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
AXA Investment Managers
Team Lead - Underwriting Operations
|
$148,719/yr
|
RANGE: $124,515 - $172,923
|
|
AXA XL
Team Lead - Underwriting Operations
|
$125,087/yr
|
RANGE: $105,316 - $144,858
|
|
Sunflower Bank, N.A.
Commercial Underwriting Team Lead
|
$161,175/yr
|
RANGE: $131,878 - $190,473
|
|
Tri Pointe Homes Holdings, Inc.
Underwriting Team Lead
|
$118,347/yr
|
RANGE: $97,977 - $138,717
|
|
Munich Re Specialty - North America
Underwriting Support Team Lead
|
$116,070/yr
|
RANGE: $98,821 - $133,319
|
|
National Union Fire Insurance Company of Pittsburgh, Pa.
AVP, Underwriting Team Lead
|
$146,345/yr
|
RANGE: $122,399 - $170,290
|
|
Zurich Insurance Company Ltd.
Underwriting Team Lead
|
$124,721/yr
|
RANGE: $105,016 - $144,426
|
|
KeyBank National Association
Underwriting Team Lead, Commercial Banking
|
$132,539/yr
|
RANGE: $108,518 - $156,561
|
|
KeyBank
Underwriting Team Lead, Commercial Banking
|
$122,065/yr
|
RANGE: $100,594 - $143,535
|
Top 10 Highest Paying Cities For Underwriting Team Lead 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 Team Lead 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 Team Lead job salaries in Illinois.
Some cities can pay higher salaries for Underwriting Team Lead jobs, which can indicate that there is a large demand for Underwriting Team Lead positions in this city.
The following table shows top 10 cities where the Underwriting Team Lead salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Evanston.
The Underwriting Team Lead salary is $116,295 in Chicago,
which is higher than the national average. There are 20 cities' Underwriting Team Lead salary higher than national average in Illinois.
The average salary for an Underwriting Team Lead in Illinois is $113,413,
but we found that the city with the highest salary for Underwriting Team Lead jobs is Chicago, IL, and it is higher than Cicero.
Underwriting Team Lead 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 | $116,295 | $9,691 | $2,236 | $56 |
| Cicero | $116,295 | $9,691 | $2,236 | $56 |
| Evanston | $116,295 | $9,691 | $2,236 | $56 |
| Oak Park | $116,295 | $9,691 | $2,236 | $56 |
| Skokie | $116,295 | $9,691 | $2,236 | $56 |
| Oak Lawn | $116,185 | $9,682 | $2,234 | $56 |
| Des Plaines | $115,963 | $9,664 | $2,230 | $56 |
| Mount Prospect | $115,852 | $9,654 | $2,228 | $56 |
| Aurora | $115,298 | $9,608 | $2,217 | $55 |
| Hoffman Estates | $115,298 | $9,608 | $2,217 | $55 |
What Does an Underwriting Team Lead Do?
Commenting on the appointment, Vantage CEO, Greg Hendrick, said: “We are very excited for Alex to lead our talented and growing Insurance team at Vantage.
Updated October 18, 2021
If you are thinking of becoming an Underwriting Team Lead or planning the next step in your career, find details about.
Updated December 12, 2021
Shuohan Dai joins as Senior Underwriter in Singapore and will work closely with the existing teams to oversee CRS’ underwriting activities in APAC.
Updated November 28, 2021
And, for more complex cases you can rely on the hands-on experience within our expert underwriting team.
Updated October 25, 2021
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Explore JobArchitectFrequently Asked Questions About an Underwriting Team Lead Salaries
What is the average of an Underwriting Team Lead in Illinois?
The Underwriting Team Lead salary range is from $96,446 to $131,823, and the average Underwriting Team Lead salary is $113,413/year in Illinois.
The Underwriting Team Lead's salary will change in different locations.
Which location pays the highest Underwriting Team Lead salary in the United States?
The Underwriting Team Lead salary in San Jose, CA is $139,133
which is the highest in the US.
What kinds of reasons will influence the Underwriting Team Lead'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 Team Lead.
What is the growth rate of the Underwriting Team Lead's salary?
If you are thinking of becoming an Underwriting Team Lead or planning the next step in your career, find the detailed salary report of an Underwriting Team Lead.
