Insurance Underwriter Salary in Colorado
The median insurance underwriter salary in Colorado is $81,753 per year, which is 5.0% above the national median of $77,860.
Insurance Underwriter Salary Overview in Colorado (2026)
Colorado ranks #15 out of 50 states for insurance underwriter compensation. Colorado falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $81,753 per year, insurance underwriters in Colorado earn $3,893 more than the national median of $77,860.
Colorado's cost of living is near the national average at 105%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.
The salary spread in Colorado is significant: insurance underwriters at the 10th percentile earn $51,030, while those at the 90th percentile bring home $132,720 — a $81,690 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Colorado for this role is Boulder, where the median reaches $99,661.
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.
Insurance Underwriter Salary in Colorado by Experience
In Colorado, an entry-level insurance underwriter earns around $52,500, while experienced professionals earn up to $120,750 per year. The cost of living index in Colorado is 105% of the national average.
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See Investment Options →Salary Percentiles in Colorado
| Percentile | CO Salary |
|---|---|
| 10th Percentile | $51,030 |
| 25th Percentile | $64,260 |
| Median (50th) | $81,753 |
| 75th Percentile | $105,000 |
| 90th Percentile | $132,720 |
Insurance Underwriter Salary by City in Colorado
The largest employment areas for insurance underwriters in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries vary by city based on local cost of living and demand.
How to Become a Insurance Underwriter in Colorado
Education
Most insurance underwriter positions require a bachelor's degree. Colorado has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Colorado
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Colorado's demand may vary based on local industry trends.
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Data shows Insurance Underwriters who negotiate earn 7–15% more. A single negotiation could add $38,997 over your career trajectory.
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