Underwriter Salaries & Top Paying Companies in Rolling Meadows, IL

Position

City

Salary

How much does a Underwriter make in Rolling Meadows, IL?

The average salary for a Underwriter is $85,726 per year in Rolling Meadows, IL.

Graph depicting the yearly salary distribution for Underwriter jobs in Rolling Meadows, IL, showing an average salary of $85,726 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Underwriter jobs in Rolling Meadows, IL, showing an average salary of $7,144 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Underwriter jobs in Rolling Meadows, IL, showing an average salary of $1,649 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Underwriter jobs in Rolling Meadows, IL, showing an average salary of $41 with varying distribution percentages across salary ranges.

An Underwriter in Rolling Meadows, IL, earns a competitive salary. On average, Underwriters in this area make about $85,726 each year. This figure offers a good glimpse of what someone in this role might expect to earn. The data shows that salaries can range quite a bit, which means your earnings might vary based on experience and specific responsibilities.

The salary range for Underwriters in Rolling Meadows spans from about $64,250 to $142,250 annually. This range highlights the potential for growth and the different levels of compensation one can achieve. Here’s a breakdown of the salary distribution:

29.23% of Underwriters earn around $64,250.
14.62% earn closer to $71,341.
0.00% earn around $78,432.
29.23% earn about $85,523.
0.00% earn around $92,614.
14.62% earn close to $99,705.
0.00% earn about $106,795.
0.00% earn around $113,886.
0.00% earn about $120,977.
0.00% earn close to $128,068.
7.31% earn around $135,159.
0.00% earn about $142,250.

Understanding this range can help job seekers set realistic expectations and prepare for their career in underwriting.

What are the highest paying cities for a Underwriter near Rolling Meadows, IL?

Near Rolling Meadows, IL, Rosemont offers some of the highest salaries for underwriters, averaging around $103,896. Schaumburg, just a short distance away, comes in closely with an average of $103,066. Hoffman Estates also provides a competitive average salary of $96,698. These cities provide lucrative opportunities for underwriters, making them excellent places to explore for job seekers.

Graph displaying highest paying cities salaries for Underwriter jobs near Rolling Meadows, IL, highlighting Rosemont, IL with the highest at $103,896 and Des Plaines, IL with the lowest at $51,280.

Rosemont, IL
Average Salary: $103,896
Working in insurance in Rosemont offers a vibrant work environment with many opportunities to grow. Key companies like Allstate and Berkshire Hathaway provide solid platforms for career advancement. The area benefits from a network of experienced professionals ready to support newcomers.
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Schaumburg, IL
Average Salary: $103,066
In Schaumburg, insurance professionals find a robust market for their skills. Companies such as Travelers and Zurich Insurance Group offer dynamic careers. The area's blend of established firms and startups makes it an exciting place to build a career.
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Hoffman Estates, IL
Average Salary: $96,698
Hoffman Estates presents a great opportunity for insurance professionals. With companies like CNA Financial and Liberty Mutual, individuals can find stable and rewarding positions. The community's supportive environment encourages personal and professional growth.
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Palatine, IL
Average Salary: $71,875
Palatine is an emerging hub for insurance careers. Local firms such as Arthur J. Gallagher & Co. provide excellent career opportunities. The area's growing insurance sector offers promising prospects for those looking to advance in their field.
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Des Plaines, IL
Average Salary: $51,280
Des Plaines is a promising city for insurance careers. Companies like Allstate and State Farm offer solid employment options. The city's focus on insurance makes it a good place to develop and grow in the industry.
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What are the best paying companies for a Underwriter in Rolling Meadows, IL?

Risk Placement Services, Inc. offers Underwriters in Rolling Meadows, IL one of the highest salaries around. They pay an average of $92,725 per year. Gallagher also provides competitive pay, with Underwriters earning about $68,065 annually. Both companies value skilled Underwriters and offer attractive compensation packages.

Graph displaying best paying company salaries for Underwriter jobs in Rolling Meadows, IL, highlighting Risk Placement Services, Inc. with the highest at $92,725 and Gallagher with the lowest at $68,065.

Risk Placement Services, Inc.
Average Salary: $92,725
Risk Placement Services, Inc. offers competitive salaries for Underwriters. This company focuses on placing insurance, employee benefits, and risk management services. They operate across the United States, including Rolling Meadows, IL. Working here provides opportunities to specialize in different insurance sectors and gain valuable experience.
Gallagher
Average Salary: $68,065
Gallagher is a prominent firm that employs Underwriters in Rolling Meadows, IL. They provide a range of services including insurance, risk management, and consulting. Gallagher is known for its professional environment and support for career growth. Underwriters here often work on various insurance products, making it a diverse and enriching place to work.

What are the best paying Underwriter related jobs in Rolling Meadows, IL?

Underwriters in Rolling Meadows, IL, often find related roles that offer high salaries. Investment Bankers lead the pack with an average salary of $151,250. Actuaries follow closely, earning about $141,625 per year. These positions demand strong analytical skills and a deep understanding of financial markets and risks.

Graph displaying best paying related job salaries for Underwriter jobs near Rolling Meadows, IL, highlighting Investment Banker with the highest at $151,250 and Analyst with the lowest at $82,210.

Investment Banker
Average Salary: $151,250
This role assesses financial risks and potential rewards of investments. Bankers work for firms like JPMorgan Chase and Goldman Sachs in Rolling Meadows. They aim to guide clients on the best financial decisions.
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Actuary
Average Salary: $141,625
Actuaries analyze financial risks for companies. They work at insurance companies like Allstate in Rolling Meadows. Actuaries use math and statistics to predict future risks.
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Underwriting Manager
Average Salary: $121,750
Managers oversee the underwriting process. They work for companies like State Farm in Rolling Meadows. Managers ensure policies are issued correctly and risks are assessed properly.
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Risk Specialist
Average Salary: $112,750
Specialists identify and assess risks for organizations. They work with companies like Allstate in Rolling Meadows. Specialists develop plans to reduce potential risks and losses.
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Risk Management Manager
Average Salary: $108,500
Managers handle all aspects of risk for a company. They work at firms like Chubb in Rolling Meadows. Managers create strategies to protect the company from financial losses.
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Financial Advisor
Average Salary: $105,875
Advisors help clients manage their money. They work for firms like Edward Jones in Rolling Meadows. Advisors provide guidance on investments, retirement plans, and taxes.
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Loss Control Consultant
Average Salary: $96,250
Consultants help companies reduce losses. They work with firms like W. R. Berkley in Rolling Meadows. Consultants review policies and suggest ways to minimize risks.
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Business Analyst
Average Salary: $90,680
Analysts study business processes to find ways to improve them. They work for companies like Accenture in Rolling Meadows. Analysts look at data and suggest changes to increase efficiency.
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Data Analyst
Average Salary: $90,063
Analysts examine data to help companies make decisions. They work for firms like IBM in Rolling Meadows. Analysts use data to predict trends and improve business strategies.
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Analyst
Average Salary: $82,210
Analysts assess information to help companies make smart choices. They work for firms like Deloitte in Rolling Meadows. Analysts look at data and provide insights to improve operations.
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Underwriter Salary in Rolling Meadows, IL

How much does a Underwriter make in Rolling Meadows, IL?

What are the highest paying cities for a Underwriter near Rolling Meadows, IL?

What are the best paying companies for a Underwriter in Rolling Meadows, IL?

Currently 947 Underwriter job openings, nationwide.

How's the job market for a Underwriter in the US?

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