Insurance Underwriters Salary in Chicago-Naperville-Elgin, IL-IN
SOC 13-2053 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Insurance Underwriters in Chicago-Naperville-Elgin, IL-IN is $98,860 per year as of 2024. That works out to roughly $47.53 per hour. This is 24% above the national median of $79,880. 4,620 people work as Insurance Underwriters in Chicago-Naperville-Elgin, IL-IN. Wages have grown 57% since 2014, when the median was $62,840.
Median Annual Salary
$98,860
Mean Annual
$106,750
Median Hourly
$47.53
Total Employed
4,620
Location Quotient
1.48
Concentrated here
Salary Distribution
How This Compares
Chicago-Naperville-Elgin, IL-IN
$98,860
this metro
Illinois
$84,580
you earn +17% vs state
United States
$79,880
you earn +24% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $98,860 |
| 2023 | $82,420 |
| 2022 | $79,260 |
| 2021 | $63,960 |
| 2020 | $78,010 |
| 2019 | $76,240 |
| 2018 | $73,140 |
| 2017 | $74,640 |
| 2016 | $72,180 |
| 2015 | $62,500 |
| 2014 | $62,840 |
Related Business and Financial Operations Occupations Jobs in Chicago-Naperville-Elgin, IL-IN
Other occupations in the same group, sorted by salary.
| Management Analysts | $120,140 |
| Personal Financial Advisors | $108,640 |
| Project Management Specialists | $104,640 |
| Financial and Investment Analysts | $102,790 |
| Financial Examiners | $102,190 |
| Financial Risk Specialists | $98,850 |