Insurance Underwriters Salary
Insurance Underwriters in Colorado make a median of $100,640 a year, or about $48.38 an hour. The range runs from $67K at the entry level to $168K for experienced workers.
Statewide average. Salary and cost of living vary significantly across Colorado. Jump to a metro for precise data:
So what does $101K get you in Colorado?
About insurance underwriters
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Compensation breakdown
Annual earnings by percentile, Colorado
Entry-level insurance underwriters (10th percentile) start around $67K. Mid-career wages sit at $101K. Top earners bring in $168K or more, a $100K spread from bottom to top.
Insurance Underwriters salary by metro in Colorado
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Denver-Aurora-Centennial | $102K | +1% | 1,540 |
| Colorado Springs | $94K | -7% | 240 |
Compare to other states
Track insurance underwriters salary changes
BLS updates this data quarterly. We'll email you when Colorado numbers change.
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Frequently asked questions
Can a insurance underwriter afford a 2BR apartment alone in Colorado?
Yes — at the median salary of $101K, rent takes 19.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,187/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance underwriters in Colorado?
The 10th-percentile wage — what new insurance underwriters typically earn — is $67K/year. Take-home on that works out to about $4,043/month.
Is insurance underwriter a high-paying job in Colorado?
Local pay is 24% above the national median — $101K here vs. $81K nationally.
How does Colorado compare to the national average for insurance underwriters?
Colorado pays $101K median vs. the U.S. average of $81K — that’s +24%.
How much do insurance underwriters make in Colorado?
The median is $100,640 a year, that works out to about $48 an hour. But the range is wide: entry-level workers start around $67,390, and experienced insurance underwriters can clear $167,680. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $101K enough to live in Colorado?
On that salary, you'd take home roughly $6,230/month after taxes. A 2-bedroom here rents for about $1,187/month, which eats 19.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a insurance underwriters salary go in Colorado?
Colorado has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median insurance underwriters salary is worth about $100,640 in national-average purchasing power.
Where do insurance underwriters get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.