Small Business Underwriter Salary in Chicago, IL

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How much does a Small Business Underwriter make in Chicago, IL? The average Small Business Underwriter salary in Chicago, IL is $64,659 as of March 26, 2024, but the salary range typically falls between $57,788 and $73,420. 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 Small Business Underwriter

$57,788 to $73,420

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Small Business Underwriter

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Job Openings for Small Business Underwriter in Chicago, IL

Senior Underwriter, Equipment Finance

ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT - San Francisco , CA

Small business owners uplift communities and anchor local economies, while creating opportunities ... The Senior Underwriter will provide underwriting support in the Trucking and Mobile Food Truck ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 7 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 ... Primary Responsibilities · Gather and evaluate small business financial information to determine ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago

Underwriter, Merchant Cash Advance (MCA)

Finfare Inc. - Irvine , CA

The ideal candidate will have a proven track record in underwriting MCAs or small business lending, with a keen eye for detail and a commitment to supporting business growth through sound financial ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 6 days ago

Commercial Underwriter

Safepoint MGA, LLC - Metairie , LA

Solicit, underwrite and price new and renewal small commercial property and casualty business * Selects new business and evaluates renewal accounts in accordance with company underwriting philosophy ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 20 days ago

Credit Underwriter II - Asset Based Lending

Kapitus - Los Angeles , CA

Responsible for full cycle underwriting of assigned small business financing * Determine the ability of the merchant to repay financing based on analysis of the client's cash flow statements, credit ...

ZipRecruiter - 86 days ago

Senior Underwriter, Private Commercial ML (West)

Argo Group - San Francisco , CA

We're an innovative organization that's small enough to be agile and big enough to make a ... Underwrite and analyze new business and renewal submissions for our private commercial line of ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 76 days ago

What does a Small Business Underwriter do?

Common responsibilities of a Small Business Underwriter

Monitor premium growth for each "small business" segment, within assigned territory, with the use of electronic reporting tools.

September 10, 2022

Communicate effectively with the sales team and other members of the credit team regarding underwriting details, deal structure.

November 10, 2022

Maintains the customer relationships that were developed by the loan originators including Bank branch personnel and the Business Development and Underwriter.

December 26, 2022

Act with a sense of urgency to resolve branch or customer complaints, production problems, and unusual requests.

February 02, 2023

Assist our portfolio management team in working with clients whose loans are past due and/or their business is showing signs of trouble.

March 06, 2023

Develop and maintain relationships with individuals and organizations with strong community ties that are consistent with LEDC's mission.

March 09, 2023

Negotiate and actively attempt to resolves conflicts around projects or work assignments and communicate problems to manager as needed.

March 10, 2023

Demonstrated effective time management skills are necessary along with the ability to multitask and consistently follow up in a timely and effective manner.

March 18, 2023

Participate in work unit or company activities that enhance the efforts and goals of the department and/or team.

March 25, 2023

Provide feedback to the line of business and its risk controls ensuring consistency and compliance with risk management framework and policies.

May 05, 2023

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Small Business Underwriter Salary By Experience Levels in Chicago, 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.

Small Business Underwriter Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Small Business Underwriter in Chicago, IL

Average Base Salary

Core compensation

57788

73420

64659

Average Total Cash Compensation

Includes base and annual incentives

59611

77226

67165

What is the average salary for Small Business Underwriter in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Small Business Underwriter in Chicago, IL. The base salary for Small Business Underwriter ranges from $57,788 to $73,420 with the average base salary of $64,659. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,611 to $77,226 with the average total cash compensation of $67,165.

View Average Salary for Small Business Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$64,659	$57,788 - $73,420
Bonus	$2,506	$1,824 - $3,806
Total Pay	$67,165	$59,611 - $77,226

* 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.

Small Business Underwriter Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $58,113 - $73,833	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $58,113 - $73,833	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $58,047 - $73,749	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $58,091 - $73,805	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $58,091 - $73,805	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $56,790 - $72,152	COMPARE TO Chicago, IL

See salaries for Small Business Underwriter in locations close to Chicago, 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 Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

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

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The Small Business 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 Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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57788

73420

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Small Business Underwriter Salary in popular cities: Aurora, Rockford, Joliet

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