Business & Finance Denver, CO
Pop. 715,522
Insurance Underwriter Salary in Denver, Colorado
The median insurance underwriter salary in Denver, CO is $87,203 per year, which is 12.0% above the national median and 6.7% above the Colorado state average.
City Median
$87,203
vs State Avg
+$5,450
vs National
+$9,343
Cost of Living
112%
Insurance Underwriter Salary in Denver by Experience
In Denver, an entry-level insurance underwriter earns around $56,000, while experienced professionals earn up to $128,800 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$56,000
+$6,000 vs national
Mid Level (3-7 yrs)
$87,360
+$9,360 vs national
Senior Level (8+ yrs)
$128,800
+$13,800 vs national
Salary Percentiles in Denver, CO
| Percentile | Denver |
|---|---|
| 10th Percentile | $54,432 |
| 25th Percentile | $68,544 |
| Median (50th) | $87,203 |
| 75th Percentile | $112,000 |
| 90th Percentile | $141,568 |
Insurance Underwriter Salary in Other Colorado Cities
How to Become a Insurance Underwriter in Denver
Education
Most insurance underwriter positions require a bachelor's degree. Denver 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 Denver may vary based on local industry and population growth.