Insurance Underwriters salary
in Chicago-Naperville-Elgin, IL-IN
- Middle 50%
- $76,660–$130,050
- vs U.S. median
- +23%
- Metro rank
- #8 of 77
Insurance Underwriters in the Chicago-Naperville-Elgin, IL-IN metro earn a median of $99,840 a year, based on BLS estimates for 4,060 jobs (May 2025). That is 23% above the U.S. median of $81,370 and 11% above the IL statewide median of $89,620. It ranks #8 of 77 metros with published figures for this job.
- SOURCEBLS OEWS, May 2025
- SAMPLE4,060 jobs (estimate)
- SCOPEall employers, all experience levels
- PERIODMay 2025 estimates
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Questions
What is the average Insurance Underwriters salary in Chicago?
The BLS median is $99,840 a year (May 2025). Half of the 4,060 jobs pay between $76,660 and $130,050. The 10th percentile is $64,360 and the 90th is $164,440.
Is Chicago a high-paying metro for Insurance Underwriters?
That is 23% above the U.S. median of $81,370 and 11% above the IL statewide median of $89,620. It ranks #8 of 77 U.S. metros with published BLS figures for this job.
How much do Insurance Underwriters make an hour in Chicago?
About $48.00 an hour at the median (the BLS annual figure of $99,840 divided by 2,080 hours, the conversion BLS uses). The middle half earn about $36.86–$62.52 an hour. Straight-time pay, before overtime and shift differentials.
Does this include experience levels?
BLS figures cover all experience levels together. Employer filings carry a DOL wage level, which the free checker can filter by (approximate).
Sources: U.S. BLS Occupational Employment and Wage Statistics, May 2025 (national + state) (metro area estimates, all employers); employer rows from U.S. DOL OFLC LCA Disclosure Data, FY2026 Q3 (LCA_Disclosure_Data_FY2026_Q3.xlsx). Base pay only. Estimates can have sampling error, especially for smaller metros.