Insurance Underwriters: Entry-Level vs Senior Salary in Illinois (2024)

How does Insurance Underwriters salary grow from entry-level to senior in Illinois? State salary progression based on 2024 BLS data.

226% career growth potential

Data: BLS OEWS 2024 • Illinois salary data • Updated 2026-04-06

Entry-Level (P10)
$41,180
$3,432/mo
Mid-Career (Median)
$76,110
$6,342/mo
Senior (P90)
$134,130
$11,178/mo

Illinois vs National Average

Entry-Level (P10)
$41,180
National: $50,617
-18.6%
Mid-Career (Median)
$76,110
National: $75,151
+1.3%
Senior (P90)
$134,130
National: $125,411
+7.0%

Salary Progression: Entry-Level to Senior

The salary range for Insurance Underwriters in Illinois spans from $41,180 at entry-level to $134,130 at senior level — a difference of $92,950 per year.

P10
$41K
P25
$50K
Median
$76K
P75
$100K
P90
$134K

Career Growth Premium: +226%

Senior Insurance Underwriterss in Illinois earn $92,950 more per year than entry-level professionals.

Annual Difference
+$92,950
Monthly Difference
+$7,746
Hourly Difference
+$44.69
Growth Multiple
3.3x

Detailed Salary Breakdown by Experience Level

Complete percentile breakdown showing how Insurance Underwriters salary increases with experience in Illinois, from entry-level (10th percentile) to senior (90th percentile).

Experience Level Percentile Annual Salary Monthly Hourly
Entry-Level P10 $41,180 $3,432 $19.80
Early Career P25 $50,070 $4,172 $24.07
Mid-Career Median $76,110 $6,342 $36.59
Experienced P75 $100,530 $8,378 $48.33
Senior / Expert P90 $134,130 $11,178 $64.49
Key Insight

Insurance Underwriters in Illinois offers exceptional career salary growth. Professionals who advance from entry-level to senior can expect their salary to more than triple — from $41,180 to $134,130. This 226% growth potential makes it one of the highest-growth occupations in terms of pay progression in the state. Investing in skills development and certifications can accelerate this trajectory.

How Illinois Compares to Other States

Where does Illinois rank for Insurance Underwriters senior-level salaries? Compare Illinois's P90 pay to other top-paying states.

1
$203,990
Entry: $61K
+234%
2
$175,940
Entry: $59K
+198%
3
$174,270
Entry: $77K
+124%
4
$171,170
Entry: $48K
+252%
5
$150,480
Entry: $64K
+133%
6
$150,370
Entry: $62K
+141%
7
$149,880
Entry: $63K
+134%
8
$147,740
Entry: $48K
+205%
9
$138,530
Entry: $61K
+127%
10
$138,210
Entry: $53K
+158%

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Frequently Asked Questions

What is the entry-level salary for a Insurance Underwriters?

Entry-level Insurance Underwriterss (10th percentile) earn approximately $41,180 per year, or $3,431 per month. Early-career professionals (25th percentile) earn around $50,070. Based on 2024 BLS OEWS data across all U.S. states.

How much does a senior Insurance Underwriters make?

Senior Insurance Underwriterss (90th percentile) earn approximately $134,130 per year. Experienced professionals (75th percentile) earn around $100,530. This represents a career premium of 226% over entry-level pay.

What is the salary growth potential for a Insurance Underwriters?

The career salary growth potential for Insurance Underwriterss is 226%. Entry-level professionals start at $41,180, while senior-level can earn up to $134,130 — a difference of $92,950 per year.

Which state pays the highest salary for senior Insurance Underwriterss?

The highest-paying state for senior Insurance Underwriterss is Illinois, where 90th-percentile salaries reach $134,130 per year. See the full state-by-state comparison above.

How are entry-level and senior Insurance Underwriters salaries determined?

We use BLS Occupational Employment and Wage Statistics (OEWS) 2024 data. The 10th percentile (P10) approximates entry-level pay — the salary that 90% of workers earn more than. The 90th percentile (P90) approximates senior/expert-level pay — only 10% of workers earn above this threshold. National averages are computed across all reporting U.S. states.

Related Salary Pages

About This Data

Salary percentile data for Illinois from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS), May 2024. P10 approximates entry-level compensation; P90 approximates senior/expert-level compensation. State averages differ from national averages due to regional variations in cost of living, demand, and workforce composition. Actual salaries vary based on employer, experience, education, certifications, and specific location within Illinois.

Our Methodology · Data Sources · Source: BLS OEWS

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