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As of August 01, 2026, the average salary for a Policy Manager in Illinois is $82,187 per year, which breaks down to an hourly rate of $40.
However, a Policy Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Policy Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $88,381 | $7,365 | $1,700 | $42 |
| Average | $82,187 | $6,849 | $1,581 | $40 |
| 25th Percentile | $72,604 | $6,050 | $1,396 | $35 |
Institute of Food Technologists - Chicago, IL
Amwins - Chicago, IL
Illinois Mutual Life Insurance Company - Peoria, IL
AbbVie - North Chicago, IL
A Policy Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Policy Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Policy Manager | $77,990 |
| Intermediate Level Policy Manager | $78,439 |
| Senior Level Policy Manager | $79,936 |
| Specialist Level Policy Manager | $81,731 |
| Expert Level Policy Manager | $83,280 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Policy Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Policy Manager roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Policy Manager positions in Business Services typically offer lower base pay, as this sector often view Policy Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $98,624 | $47.0 | 20% |
Understanding how a Policy Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $88,381 | $7,365 | $1,700 | $42 |
| Average | $82,187 | $6,849 | $1,581 | $40 |
| 25th Percentile | $72,604 | $6,050 | $1,396 | $35 |
Ready to take the next step in your career? Browse thousands of current Policy Manager job openings on our job board. Use the search bar below to find your perfect match.
Braven
Chicago, IL
Braven | Chicago, IL
Job Description. Job Description. Job. Title. Head of Public Policy. Team. External Affairs. Location. In-person. Preferred locations: Washington( DC). Add... more
8 Days Ago
Treatment Alternatives for Stronger Communities
Chicago, IL
Treatment Alternatives for Stronger Communities | Chicago, IL
Job Description. Job Description. At TASC (Treatment Alternatives for Stronger Communities), our mission is to empower people and strengthen communities wi... more
8 Days Ago
Chicago Metropolitan Agen
Chicago, IL
Chicago Metropolitan Agen | Chicago, IL
Job Description. Job Description. The Chicago Metropolitan Agency for Planning (CMAP) is seeking to hire a full-time employee at the Director level in the ... more
8 Days Ago
University of Illinois System
Urbana, IL
University of Illinois System | Urbana, IL
Policy Coordinator (Remote)Analyze, recommend, and develop policy and procedures regarding Medicaid services that will maximize Illinois resources, increas... more
10 Days Ago
Illinois Association of School Boards
Springfield, IL
Illinois Association of School Boards | Springfield, IL
Job Description. Job Description. Salary: 70-99k/Annually. Founded in 1913. The Vision of the Illinois Association of School Boards is excellence in local ... more
11 Days Ago
Wintrust Financial
Des Plaines, IL
Wintrust Financial | Des Plaines, IL
Senior Financial Analyst Accounting Policy. Wintrust provides community and commercial banking, specialty finance and wealth management services through it... more
8 Days Ago
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