Senior Underwriter Salary in Chicago, Illinois

Senior Underwriter Salary in Chicago, IL

How much does a Senior Underwriter make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Senior Underwriter in Chicago, IL is $144,086. Salary.com reports that pay typically ranges from $128,733 to $160,562, with most professionals earning between $114,755 and $175,563.

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Senior Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Underwriter Salary $114,755 Chicago,IL April 01, 2025
25th Percentile Senior Underwriter Salary $128,733 Chicago,IL April 01, 2025
50th Percentile Senior Underwriter Salary $144,086 Chicago,IL April 01, 2025
75th Percentile Senior Underwriter Salary $160,562 Chicago,IL April 01, 2025
90th Percentile Senior Underwriter Salary $175,563 Chicago,IL April 01, 2025
25% $128,733 10% $114,755 90% $175,563 75% $160,562 $144,086 50%(Median) Didn’t find job title? Click
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Senior Underwriter

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Job Openings for Senior Underwriter in Chicago, IL

Career Path for this job

  1. Down a level:

    Underwriter IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Senior Underwriter

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Underwriting Supervisor

    3 - 5 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for a Senior Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
128733
160562
144086

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
128733
160562
144086
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Underwriter in Chicago, IL. The base salary for Senior Underwriter ranges from $128,733 to $160,562 with the average base salary of $144,086. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $128,733 to $160,562 with the average total cash compensation of $144,086.

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128733
160562

 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago

Senior Underwriter Salary in popular cities: Aurora, Rockford, Joliet

Skills associated with Senior Underwriter: Underwriting, Basis, RISK, Timely

Recently searched related titles: Commercial Insurance Underwriter

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role