SOC 13-2053 · Illinois · BLS OEWS May 2024
The median salary for Insurance Underwriters in Illinois is $83,866 per year ($40.32/hr). This is 5% higher than the national median of $79,872. The middle 50% earn between $66,219 and $110,074 annually. Top earners at the 90th percentile reach $144,930.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $26.07 | $54,229 | +5.0% |
| P25 | $31.84 | $66,219 | +5.0% |
| P50MEDIAN | $40.32 | $83,866 | +5.0% |
| P75 | $52.92 | $110,074 | +5.0% |
| P90 | $69.68 | $144,930 | +5.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Insurance Underwriters in Illinois is approximately $83,866, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 5% higher than the national median of $79,872.
Entry-level Insurance Underwriters (10th percentile) in Illinois earn approximately $54,229 per year. The 25th percentile is $66,219. Top earners (90th percentile) reach $144,930.
Illinois pays 5% higher than the national average. The national P50 is $79,872 vs $83,866 in Illinois. Based on BLS national data adjusted for regional cost factors.
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