Business & Finance Colorado Springs, CO Pop. 478,961

Insurance Underwriter Salary in Colorado Springs, Colorado

The median insurance underwriter salary in Colorado Springs, CO is $77,860 per year, which is 0.0% above the national median and 4.8% below the Colorado state average.

City Median
$77,860
vs State Avg
$-3,893
vs National
+$0
Cost of Living
100%

Insurance Underwriter Salary in Colorado Springs by Experience

In Colorado Springs, an entry-level insurance underwriter earns around $50,000, while experienced professionals earn up to $115,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$50,000
+$0 vs national
Mid Level (3-7 yrs)
$78,000
+$0 vs national
Senior Level (8+ yrs)
$115,000
+$0 vs national

Salary Percentiles in Colorado Springs, CO

Percentile Colorado Springs
10th Percentile $48,600
25th Percentile $61,200
Median (50th) $77,860
75th Percentile $100,000
90th Percentile $126,400

Insurance Underwriter Salary in Other Colorado Cities

Boulder, CO
$99,661
Pop. 105,673
Denver, CO
$87,203
Pop. 715,522
Fort Collins, CO
$82,532
Pop. 169,810
Aurora, CO
$81,753
Pop. 386,261

How to Become a Insurance Underwriter in Colorado Springs

Education

Most insurance underwriter positions require a bachelor's degree. Colorado Springs and the surrounding Colorado area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Colorado Springs may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Colorado Springs

Browse open insurance underwriter positions in Colorado Springs, CO:

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Frequently Asked Questions: Insurance Underwriter Salary in Colorado Springs

How much does a Insurance Underwriter make in Colorado Springs, CO? ▼
The median insurance underwriter salary in Colorado Springs, Colorado is $77,860 per year, which is 0.0% above the national median of $77,860. Salaries range from $48,600 (10th percentile) to $126,400 (90th percentile).
How much does a Insurance Underwriter make per hour in Colorado Springs? ▼
Based on the median annual salary of $77,860, a insurance underwriter in Colorado Springs earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Colorado Springs compare to the Colorado state average for insurance underwriter pay? ▼
Colorado Springs's median insurance underwriter salary of $77,860 is 4.8% below the Colorado state average of $81,753. The local cost of living index is 100% of the national average.
What is the cost of living in Colorado Springs, CO? ▼
Colorado Springs has a cost of living index of 100% compared to the national average. This means a insurance underwriter salary of $77,860 in Colorado Springs has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Colorado Springs? ▼
Most insurance underwriter positions in Colorado Springs require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.