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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

Boulder, CO
$99,661
Pop. 105,673
Fort Collins, CO
$82,532
Pop. 169,810
Aurora, CO
$81,753
Pop. 386,261
Colorado Springs, CO
$77,860
Pop. 478,961

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.

Find Insurance Underwriter Jobs in Denver

Browse open insurance underwriter positions in Denver, CO:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Denver

How much does a Insurance Underwriter make in Denver, CO? ▼
The median insurance underwriter salary in Denver, Colorado is $87,203 per year, which is 12.0% above the national median of $77,860. Salaries range from $54,432 (10th percentile) to $141,568 (90th percentile).
How much does a Insurance Underwriter make per hour in Denver? ▼
Based on the median annual salary of $87,203, a insurance underwriter in Denver earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Denver compare to the Colorado state average for insurance underwriter pay? ▼
Denver's median insurance underwriter salary of $87,203 is 6.7% above the Colorado state average of $81,753. The local cost of living index is 112% of the national average.
What is the cost of living in Denver, CO? ▼
Denver has a cost of living index of 112% compared to the national average. This means a insurance underwriter salary of $87,203 in Denver has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Denver? ▼
Most insurance underwriter positions in Denver 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.