Illinois·Business and Financial Operations Occupations·SOC 13-2053

Best Insurance Underwriter programs in Illinois, ranked by enrollment

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of.

13 schools in Illinois run programs that feed this job, graduating 161 people a year. The job pays a median of $89,620 in Illinois across about jobs (BLS OEWS May 2025).

Also calledUnderwriterLife UnderwriterAccount UnderwriterPersonal Lines UnderwriterBond UnderwriterInsurance WriterField UnderwriterInsurance Analyst
Graduates / yr
161
in Illinois
Median pay · Illinois
$89,620
BLS OEWS May 2025
Jobs in state
people employed
Schools
13
with a feeder program
Avg graduation rate
61%
across those schools
Median net price
$20,903
per year, IPEDS

Fields of study in Illinois that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

2 programs in Illinois that lead to this job

Ranked by graduates per year in Illinois (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Illinois page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.1304In Illinois
99
61.5%
10$62,069$23,500
2
Insurancemain feeder
CIP 52.1701In Illinois
62
38.5%
3$56,988$22,500

Top 13 schools in Illinois

Ranked by graduates per year into this job. Graduate earnings are reported for 6 of the 13 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1University of Illinois Urbana - Champaign
Champaign, IL Public · 1 feeder programs
71Actuarial Science$72,52785%42%
2William Rainey Harper College
Palatine, IL Public · 1 feeder programs
33Insurance48%
3Illinois State University
Normal, IL Public · 1 feeder programs
22Insurance$51,49965%88%
4DePaul University
Chicago, IL Private not-for-profit · 1 feeder programs
9Actuarial Science$51,52268%$28,14176%
5Danville Area Community College
Danville, IL Public · 1 feeder programs
7Insurance45%
6North Central College
Naperville, IL Private not-for-profit · 1 feeder programs
5Actuarial Science$85,16864%$20,05277%
7Aurora University
Aurora, IL Private not-for-profit · 1 feeder programs
3Actuarial Science60%$18,43181%
8Olivet Nazarene University
Bourbonnais, IL Private not-for-profit · 1 feeder programs
3Actuarial Science61%$20,90356%
9Illinois College
Jacksonville, IL Private not-for-profit · 1 feeder programs
2Actuarial Science64%$15,78678%
10Northern Illinois University
Dekalb, IL Public · 1 feeder programs
2Actuarial Science$51,12849%70%
11Roosevelt University
Chicago, IL Private not-for-profit · 1 feeder programs
2Actuarial Science$48,71535%$21,08597%
12Bradley University
Peoria, IL Private not-for-profit · 1 feeder programs
1Actuarial Science76%$21,76877%
13Elmhurst University
Elmhurst, IL Private not-for-profit · 1 feeder programs
1Actuarial Science70%$20,79474%

All 13 schools in Illinois

Every school in Illinois with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Illinois that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of Illinois Urbana - ChampaignChampaignPublic711
William Rainey Harper CollegePalatinePublic331
Illinois State UniversityNormalPublic221
DePaul UniversityChicagoPrivate not-for-profit91
Danville Area Community CollegeDanvillePublic71
North Central CollegeNapervillePrivate not-for-profit51
Aurora UniversityAuroraPrivate not-for-profit31
Olivet Nazarene UniversityBourbonnaisPrivate not-for-profit31
Illinois CollegeJacksonvillePrivate not-for-profit21
Northern Illinois UniversityDekalbPublic21
Roosevelt UniversityChicagoPrivate not-for-profit21
Bradley UniversityPeoriaPrivate not-for-profit11
Elmhurst UniversityElmhurstPrivate not-for-profit11

What insurance underwriters earn in Illinois

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Illinois
$89,620
Mean annual
$99,120
Jobs in state
What the range looks like
10th pct$59,730Median$89,62090th pct$161,410
Versus the national median
+10.1%

U.S. median $81,370. Illinois pays above the national figure.

Metro areas in Illinois

Chicago-Naperville-Elgin, IL-IN
$99,840median
4,060 jobs
Springfield, IL
$74,680median
70 jobs
Peoria, IL
$75,910median
250 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
-2.6%
Decline
Openings per year
8,200
new jobs plus replacements
Employment change
-3,300
127,000 → 123,700
Typical entry education
Bachelor's degree
Plus moderate-term on-the-job training

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Insurance Underwriters page.

How to become a Insurance Underwriter

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
On-the-job training
Moderate-term on-the-job training

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Reading ComprehensionActive ListeningCritical ThinkingWritingSpeakingActive Learning

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Illinois

Every major mapped to this job

The official federal mapping behind the rankings above.

All 4 majors mapped to Insurance Underwriters4 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0215Risk Management
  • 52.0810Financial Risk Management
  • 52.1304Actuarial Science
  • 52.1701Insurance

Common questions

Answers for people weighing insurance underwriters programs in Illinois.

What degree do you need to become an Insurance Underwriter?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Actuarial Science, which awarded 99 degrees in Illinois in 2024-25, 61.5% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming an Insurance Underwriter?+

The NCES CIP-to-SOC crosswalk maps 2 programs to this occupation. The largest are Management Sciences and Quantitative Methods, Insurance. Together they graduate about 161 people a year in Illinois.

How much do insurance underwriters earn in Illinois?+

The median is $89,620 a year (BLS OEWS May 2025). That is 10.1% above the U.S. median of $81,370. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for insurance underwriters growing?+

BLS projects a -2.6% change in employment between 2024 and 2034, decline, with roughly 8,200 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Illinois?+

13 institutions in Illinois reported graduates from at least one of the 2 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do insurance underwriters work under?+

Employers advertise this work under many names. O*NET records Underwriter, Life Underwriter, Account Underwriter, Personal Lines Underwriter among the most commonly reported, all mapping to SOC 13-2053.

Programs in IllinoisActuarial ScienceInsurance

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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