(800) 627 3697 info.eri@erieri.com
Are you working in compensation or HR? See our salary, cost-of-living, and executive pay applications in action. Try our free salary assessor demo.

Underwriter Commercial Property Insurance Salary
in Chicago, Illinois

$86,127 (USD)

Average Salary

$41/hr

Average Hourly

$3,299

Average Bonus

Last updated: May 20, 2019

Salary Recap

The average pay for an Underwriter Commercial Property Insurance is $86,127 a year and $41 an hour in Chicago, Illinois, United States. The average salary range for an Underwriter Commercial Property Insurance is between $61,245 and $106,545. On average, a Bachelor's Degree is the highest level of education for an Underwriter Commercial Property Insurance. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

Customize:
 
arrow_downward
Scroll for Salary Potential, Education and Skills
arrow_downward

Job Summary

Description:
  • Examines individual applications for commercial property insurance to evaluate degree of risk involved and accepts applications, following company's underwriting policies.
  • Checks such documents as application form, inspection report, insurance maps, and medical reports to determine degree of risk from such factors as applicant's financial standing, age, occupation, accident experience, and value and condition of real property.
Underwriter Commercial Property Insurance Job Prevalence in Chicago, Illinois, United States

Job family: Insurance Underwriters

Job family population: 89,910

Estimated population of Underwriter Commercial Property Insurance jobs: 11,656

Rate of error: 2.3%

Salary Potential

Estimated salary in 2024:
$99,845
5 Year Change:
16 %

Education

Skills

Underwriter Commercial Property Insurance Job Listings for Chicago, Illinois

Property & Casualty Commercial Insurance Technician
Apr 10
us
Roanoke Group Inc.
... commercial property and casualty (P&C) insurance premiums of assigned customer service ... Furnish underwriters with additional information as requested. * Handle telephone requests and ...
Licensed Commercial Customer Service Representative
Mar 28
Orland Park, IL, USA
B and j insurance agency inc
Previous Commercial Property Casualty insurance underwriting experience * Completed insurance courses such as IIA and/or CPCU preferred * Demonstrated knowledge of commercial multi-line product line ...
Commercial Lines Learning Facilitator
May 3
Chicago, IL, USA
Chubb
Description Chubb is the world's largest publicly traded property and casualty insurer. With ... Facilitates all virtual learning for Underwriting and Claims while adhering to ILD standards
Production Underwriter
May 1
Park Ridge, United States
FM Global
AFM, a member of the FM Global Group, specializes in commercial property insurance for business and ... AFM is looking for a production underwriter to join the Chicago Operations in Park Ridge, IL. This ...
Senior Commercial Account Manager
May 10
Westmont, IL, USA
Employco USA
Complete underwriting - loss-pick analysis of workers' compensation policies * Evaluate risk and ... insurance experience (workers' compensation, property, general liability, auto, umbrella, etc.
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

Salaries By Location

Similar Job Titles

Are you an Employer?

Free Salary Assessor Product Demo
;
Are you an HR Professional?
Try our salary assessor and find out how much you should be paying
Explore our most popular jobs
View our most popular salary searches and other resources