Insurance Underwriters Salary in Chicago, IL (2026)
Source: BLS OEWS · Chicago-Naperville-Elgin, IL-IN · 4,620 employed
The average Insurance Underwriters salary in Chicago, IL is $106,750 per year. The middle 50% of Insurance Underwriterss earn between $77,880 and $129,400. Top earners in the 90th percentile make $160,620 or more. Entry-level positions typically start around $60,490. The median of $98,860 is above the mean, reflecting the wage distribution in this field.
Insurance Underwriters Salary Breakdown in Chicago, IL
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $60,490 |
| 25th Percentile | $77,880 |
| Median (50th Percentile) | $98,860 |
| Mean (Average) | $106,750 |
| 75th Percentile | $129,400 |
| 90th Percentile (Top earners) | $160,620 |
Related Jobs in Chicago, IL
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $162,700 |
| Management Analysts | $127,990 |
| Financial and Investment Analysts | $117,210 |
| Financial Risk Specialists | $114,200 |
| Financial Examiners | $112,940 |
| Project Management Specialists | $111,740 |
Insurance Underwriters Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Denver, CO | $123,590 |
| Seattle, WA | $113,510 |
| Bridgeport, CT | $113,000 |
| San Francisco, CA | $111,150 |
| Topeka, KS | $107,830 |
| Boston, MA | $106,300 |
| Los Angeles, CA | $104,390 |
| Sioux Falls, SD | $103,010 |
Frequently Asked Questions
What is the average Insurance Underwriters salary in Chicago, IL?
The average Insurance Underwriters salary in Chicago, IL is $106,750 per year, according to BLS OEWS.
What is the median Insurance Underwriters salary in Chicago, IL?
The median Insurance Underwriters salary in Chicago, IL is $98,860 per year. Half of Insurance Underwriterss earn more than this and half earn less.
How much do entry-level Insurance Underwriterss make in Chicago, IL?
Entry-level Insurance Underwriterss in Chicago, IL typically earn around $60,490 per year (10th percentile). Workers in the 25th percentile earn about $77,880.
What do the highest-paid Insurance Underwriterss earn in Chicago, IL?
The highest-paid Insurance Underwriterss in Chicago, IL earn $160,620 or more per year (90th percentile). The 75th percentile wage is $129,400.
How many Insurance Underwriterss work in Chicago, IL?
There are approximately 4,620 Insurance Underwriterss employed in the Chicago-Naperville-Elgin, IL-IN area, per BLS OEWS.