How much does a Small Commercial Underwriter Trainee make in Chicago, IL? The average Small Commercial Underwriter Trainee salary in Chicago, IL is $64,834 as of April 24, 2024, but the salary range typically falls between $58,903 and $74,125. 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.
Search Small Commercial Underwriter Trainee Jobs in Chicago, IL
As a Small Commercial Underwriter Trainee, you will be responsible for learning and understanding the underwriting process for small commercial insurance policies. This will involve reviewing and analyzing insurance applications, assessing risk factors, and determining appropriate coverage and pricing for small businesses. You will work closely with experienced underwriters to develop your skills in evaluating and selecting risks, as well as building relationships with agents and brokers. Additionally, you will be expected to stay updated on industry trends and regulations to ensure accurate and compliant underwriting decisions. This role requires strong analytical and communication skills, as well as the ability to work effectively in a fast-paced and dynamic environment.
See user submitted job responsibilities for Small Commercial Underwriter Trainee.
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectSalary.com's CompAnalyst platform offers:
RELEVANT JOB EXPERIENCE
LEVEL OF EDUCATION
Core compensation
Includes base and annual incentives
Average Salary | Average Salary Range | |
---|---|---|
Base Salary | $64,834 | $58,903 - $74,125 |
Bonus | $2,413 | $2,438 - $4,250 |
Total Pay | $67,247 | $61,341 - $78,375 |
CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Chicago, IL |
---|---|---|
CITY, STATE Cicero, IL | AVERAGE SALARY RANGE $59,234 - $74,542 | COMPARE TO Chicago, IL |
CITY, STATE Oak Park, IL | AVERAGE SALARY RANGE $59,234 - $74,542 | COMPARE TO Chicago, IL |
CITY, STATE Oak Lawn, IL | AVERAGE SALARY RANGE $59,167 - $74,457 | COMPARE TO Chicago, IL |
CITY, STATE Evanston, IL | AVERAGE SALARY RANGE $59,212 - $74,513 | COMPARE TO Chicago, IL |
CITY, STATE Skokie, IL | AVERAGE SALARY RANGE $59,212 - $74,513 | COMPARE TO Chicago, IL |
CITY, STATE Arlington Heights, IL | AVERAGE SALARY RANGE $57,886 - $72,845 | COMPARE TO Chicago, IL |
JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
---|---|---|---|
JOB TITLE Small Commercial Underwriter | LOCATION Chicago, IL | MINIMUM SALARY $51,985 | MAXIMUM SALARY $67,993 |
JOB TITLE Commercial Lines Underwriter Trainee | LOCATION Chicago, IL | MINIMUM SALARY $65,385 | MAXIMUM SALARY $84,275 |
JOB TITLE Small Business Underwriter | LOCATION Chicago, IL | MINIMUM SALARY $57,931 | MAXIMUM SALARY $73,601 |
JOB TITLE Underwriter Trainee | LOCATION Chicago, IL | MINIMUM SALARY $57,931 | MAXIMUM SALARY $73,601 |
JOB TITLE Commercial Underwriter | LOCATION Chicago, IL | MINIMUM SALARY $53,301 | MAXIMUM SALARY $66,393 |
JOB TITLE Small Commercial Underwriting Technician | LOCATION Chicago, IL | MINIMUM SALARY $49,789 | MAXIMUM SALARY $61,889 |
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 Commercial Underwriter Trainee Salary in popular cities: Aurora, Rockford, Joliet
Recently searched related titles: Literary Manager
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Small Commercial Underwriter Trainee : Field Underwriter