How much does a Underwriter make in Milwaukee, WI?
An Underwriter in Milwaukee, WI, can expect to earn a competitive salary. On average, Underwriters in the area bring home around $110,758 per year. This figure reflects a range of incomes, with the lowest being $59,610 and the highest reaching up to $160,000 annually. The majority of Underwriters find themselves in the middle of this spectrum.
The salary distribution also shows the different pay brackets Underwriters might earn. For instance, the bottom 10% of earners make about $59,610, while the top 10% earn over $150,000. This variety in income allows professionals in this field to find a role that aligns with their experience and skill level. Factors such as experience, company size, and specific industry can influence these earnings. Milwaukee offers a range of opportunities for Underwriters to advance their careers and increase their income.
What are the highest paying cities for a Underwriter near Milwaukee, WI?
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Cedar Rapids, IA
Average Salary: $130,040
In Cedar Rapids, you can find roles with strong local firms, offering a mix of traditional and innovative practices. Cedar Rapids boasts a supportive business community, making it a great place to grow professionally. Companies like Wellmark Blue Cross and Blue Shield provide opportunities to make impactful decisions.
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Chicago, IL
Average Salary: $119,852
Chicago is a bustling hub for underwriting roles, with many opportunities in finance and insurance sectors. The city's vibrant economy means you'll work with top-tier firms like Allstate and Aon. Diverse projects keep the job engaging and rewarding.
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Minneapolis, MN
Average Salary: $108,280
Minneapolis offers a blend of corporate opportunities and local business connections. Working in underwriting here, you'll find roles with companies like U.S. Bank and Target. The city’s supportive environment fosters professional growth and stability.
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Rockford, IL
Average Salary: $88,825
Rockford provides a mix of smaller companies and large firms, offering a solid platform for underwriting careers. Companies like Winnebago Industries give you a chance to work on diverse projects. The community is welcoming and offers a great work-life balance.
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Madison, WI
Average Salary: $79,990
Madison’s underwriting jobs come with great benefits and a friendly business atmosphere. Companies like Epic Systems and SSM Health provide dynamic work environments. The city’s focus on education and innovation makes it an exciting place to work.
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La Crosse, WI
Average Salary: $73,000
La Crosse offers a quieter pace with ample opportunities in local firms. Working here, you'll find a strong sense of community and support. Companies like Gundersen Health System offer rewarding positions with a focus on quality and care.
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Racine, WI
Average Salary: $72,950
Racine provides a mix of corporate and local business opportunities. Working here, you'll find roles with companies like Johnson Controls and Snap-on. The city’s focus on manufacturing and innovation offers a unique work environment.
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Green Bay, WI
Average Salary: $71,718
Green Bay offers a solid foundation for underwriting careers, with opportunities in insurance and finance. Companies like Bellin Health and Green Bay Packaging provide diverse projects. The city’s strong community ties make it a welcoming place to work.
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Waukesha, WI
Average Salary: $70,414
Waukesha combines small-town charm with big business opportunities. Working here, you'll find roles with companies like Waukesha Electric Systems. The city’s friendly atmosphere and professional opportunities make it a great choice.
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Appleton, WI
Average Salary: $69,375
Appleton offers a balanced environment with opportunities in both local and corporate settings. Companies like Appleton Area School District and Kwik Trip provide a variety of roles. The city’s focus on education and community makes it a great place to work.
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What are the best paying companies for a Underwriter in Milwaukee, WI?
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Liberty Mutual Insurance
Average Salary: $130,229
Liberty Mutual Insurance offers Underwriter jobs that cover various insurance products. They provide opportunities for professionals to work in Milwaukee and other locations. This role involves assessing risks and determining insurance policies. Liberty Mutual is a global leader in insurance, providing excellent career growth.
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Old National Bank
Average Salary: $120,688
At Old National Bank, Underwriters play a key role in the financial services industry. They analyze risks and help make lending decisions. This company operates in Milwaukee and other parts of the country. Underwriters at Old National Bank benefit from a stable and supportive work environment.
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Rural Mutual Insurance Company
Average Salary: $57,500
Rural Mutual Insurance Company employs Underwriters to work on agricultural insurance policies. They offer roles in Milwaukee and other areas. This position requires assessing the risks related to farming and providing coverage. Rural Mutual is known for its community-focused approach and supportive atmosphere.
What are the best paying Underwriter related jobs in Milwaukee, WI?
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Risk Management Director
Average Salary: $240,015
Manages the risk strategy for a company. Oversees risk assessments and ensures policies are in place. Works closely with top executives to make informed decisions.
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Chief Risk Officer
Average Salary: $199,355
Leads the risk management team. Identifies potential risks and develops plans to mitigate them. Collaborates with different departments to implement risk controls.
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Investment Banker
Average Salary: $184,593
Helps companies raise capital. Provides financial advice on mergers and acquisitions. Works with clients to develop strategies for financial growth.
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Risk Management Manager
Average Salary: $157,845
Manages a team of risk analysts. Implements risk management strategies. Conducts risk assessments to identify potential threats.
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Underwriting Manager
Average Salary: $157,319
Oversees the underwriting team. Evaluates insurance applications. Makes decisions on approving or denying insurance policies.
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Certified Financial Planner
Average Salary: $150,910
Helps clients achieve their financial goals. Provides advice on investments, retirement, and taxes. Works one-on-one with clients to create financial plans.
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Actuary
Average Salary: $136,542
Analyzes financial risks using mathematics. Prepares reports on potential future events. Works with insurance and finance companies to develop policies.
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Bank Consultant
Average Salary: $132,450
Advises banks on improving operations. Provides financial and risk management strategies. Helps banks make data-driven decisions.
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Portfolio Manager
Average Salary: $122,669
Manages investment portfolios for clients. Develops investment strategies. Monitors market trends to maximize returns.
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Loss Control Consultant
Average Salary: $108,236
Identifies risks and develops strategies to reduce losses. Works with companies to improve safety and risk management. Provides training and resources to minimize risks.
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