Financial Underwriter Salary in Rockford, IL

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How much does a Financial Underwriter make in Rockford, IL? The average Financial Underwriter salary in Rockford, IL is $60,221 as of March 26, 2024, but the salary range typically falls between $53,821 and $68,380. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary range for an Financial Underwriter

$53,821 to $68,380

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Financial Underwriter

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Job Openings for Financial Underwriter in Rockford, IL

Real Estate Development Finance Underwriter (Raleigh/Durham)

Raleigh Housing Authority - Charlotte , NC

Deal structuring and financial modeling for multiple real estate projects. * Produce feasibility analysis for prospective real estate developments. * Underwrite deals financed with federally ...

ZipRecruiter - 27 days ago

ABL Underwriter

Northpoint Commercial Finance - Atlanta , GA

Hold a bachelor's degree in Accounting, Business or Finance; * Minimum 3 years' experience in ABL and/or Lender Finance underwriting. (Candidates with prior auditing and portfolio management ...

LinkedIn - 16 days ago

Underwriter Trainee Program: Associate Underwriter

WCF Insurance - Sandy , UT

This person in this position provides small business services - via phone calls, emails, and online applications - including marketing, finance, underwriting, and internet services. Qualifications ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 6 days ago

Financial & Underwriting Analyst

Alliant Insurance Services - Houston , TX

SUMMARY Responsible for providing the Consulting Team with financial and analytic support on client projects, including, but not limited to, updating claims experience reports and reserve ...

Lensa - 6 days ago

Employee Benefits Financial Underwriting Analyst MNN9475

Capstone Search Group - Dallas , TX

Your responsibilities include financial and contractual analysis, claims utilization analysis, and ... Possess technical knowledge of underwriting aspects such as plan design, funding arrangements, risk ...

ZipRecruiter - 64 days ago

Underwriter (Non-Mortgage Industry ONLY APPLY)

BriteCap Financial, LLC - Las Vegas , NV

Underwriter (Non-Mortgage Industry) We are an alternative financing company that provides working capital cash advances to small and medium-sized businesses to fuel their growth and prosperity

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago

What does a Financial Underwriter do?

Common responsibilities of a Financial Underwriter

Reviews, collects and analyzes client specific information including financial condition, employee demographics and previous claim experience to determine risk, potential benefit features and premium equivalent rates for self-funded groups.

October 18, 2022

Provides underwriting and financial knowledge sharing and education to clients, peers, and/or members of the sales and client service teams.

November 10, 2022

Demonstrate success in the marketing and sales of intangibles, negotiating, building strong relationships with customers, and providing exceptional customer service.

January 18, 2023

Requires extended periods of computer use.

January 30, 2023

Makes decisions regarding pricing, capacity, terms and conditions based on those analyses on the most complex accounts.

February 04, 2023

Manages the submission and underwriting process for own agency plant, working with more experienced underwriters if outside authority.

February 24, 2023

Assists as necessary in the negotiation of benefit plan designs and financial assumptions with client service team on new and renewal business.

March 03, 2023

Meeting with producers and renewal customers to make sales presentations including product education and new product roll out.

April 15, 2023

Takes ownership and responsibility for actions and outcomes, performance and results.

May 17, 2023

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Financial Underwriter Salary By Experience Levels in Rockford, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Financial Underwriter Salary By Level of Education in Rockford, IL

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LEVEL OF EDUCATION

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Average Salary Range for Financial Underwriter in Rockford, IL

Average Base Salary

Core compensation

53821

68380

60221

Average Total Cash Compensation

Includes base and annual incentives

55520

71925

62555

What is the average salary for Financial Underwriter in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Financial Underwriter in Rockford, IL. The base salary for Financial Underwriter ranges from $53,821 to $68,380 with the average base salary of $60,221. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,520 to $71,925 with the average total cash compensation of $62,555.

View Average Salary for Financial Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$60,221	$53,821 - $68,380
Bonus	$2,334	$1,698 - $3,545
Total Pay	$62,555	$55,520 - $71,925

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Financial Underwriter Salary Near Rockford, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Rockford, IL
CITY, STATE Janesville, WI	AVERAGE SALARY RANGE $53,758 - $68,300	COMPARE TO Rockford, IL
CITY, STATE Elgin, IL	AVERAGE SALARY RANGE $57,173 - $72,638	COMPARE TO Rockford, IL
CITY, STATE Hoffman Estates, IL	AVERAGE SALARY RANGE $57,611 - $73,195	COMPARE TO Rockford, IL
CITY, STATE Aurora, IL	AVERAGE SALARY RANGE $57,621 - $73,208	COMPARE TO Rockford, IL
CITY, STATE Madison, WI	AVERAGE SALARY RANGE $53,978 - $68,579	COMPARE TO Rockford, IL
CITY, STATE Wheaton, IL	AVERAGE SALARY RANGE $57,153 - $72,613	COMPARE TO Rockford, IL

See salaries for Financial Underwriter in locations close to Rockford, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Rockford, Illinois

Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is the county seat of Winnebago County (a small portion of the city is located in Ogle County). The largest city in Illinois outside of the Chicago metropolitan area, Rockford is the third-largest city in the state and the 171st most populous in the United States According to 2010 U.S. Census Data, the City of Rockford had a population of 152,871, with an outlying metropolitan area population of 348,360. The City of Rockford's population is 147,051...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Financial Lines Underwriter	LOCATION Rockford, IL	MINIMUM SALARY $53,821	MAXIMUM SALARY $68,380
JOB TITLE Loan Underwriter IV	LOCATION Rockford, IL	MINIMUM SALARY $85,803	MAXIMUM SALARY $112,995
JOB TITLE Underwriter (Life) I	LOCATION Rockford, IL	MINIMUM SALARY $49,031	MAXIMUM SALARY $61,109
JOB TITLE Underwriter (Life) II	LOCATION Rockford, IL	MINIMUM SALARY $62,014	MAXIMUM SALARY $79,031
JOB TITLE Underwriter (Life) III	LOCATION Rockford, IL	MINIMUM SALARY $84,927	MAXIMUM SALARY $104,194
JOB TITLE Entry Underwriter (Life)	LOCATION Rockford, IL	MINIMUM SALARY $49,100	MAXIMUM SALARY $61,200

The Financial Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Rockford, IL that might be a good fit for the type of job and salary you are looking for.

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53821

68380

About Rockford, Illinois Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois area prices were up 1.3% from a year ago

Financial Underwriter Salary in popular cities: Chicago, Aurora, Joliet

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