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Insurance Underwriters Salary in Chicago-Naperville-Elgin, IL-IN

The median annual wage for Insurance Underwriters in Chicago-Naperville-Elgin, IL-IN is $98,860 (May 2024 BLS OES). The mean (average) is $106,750.

Pay spans roughly $60,490 at the 10th percentile to $160,620 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $47.53 per hour. An estimated 4,620 people work as insurance underwriters in Chicago-Naperville-Elgin, IL-IN.

Median (annual)$98,860
Mean (annual)$106,750
Median (hourly)$47.53
10th percentile$60,490
90th percentile$160,620
Employment4,620

Updated 2026-07-23.

Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.