Insurance Underwriters Salary
Insurance Underwriters in Denver-Aurora-Centennial, CO make a median of $101,840 a year, or about $48.96 an hour. The range runs from $73K at the entry level to $171K for experienced workers.
Where the paycheck goes
What $102K actually covers in Denver-Aurora-Centennial, month by month
About insurance underwriters
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Compared to nearby metros
Median pay for insurance underwriters in metros near Denver-Aurora-Centennial, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Colorado Springs | $94K | , |
| Phoenix-Mesa-Chandler | $78K | $75K |
| Omaha | $70K | $76K |
| Salt Lake City-Murray | $73K | $72K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Denver-Aurora-Centennial, CO
Entry-level insurance underwriters (10th percentile) start around $73K. Mid-career wages sit at $102K. Top earners bring in $171K or more, a $98K spread from bottom to top.
Insurance Underwriters pay across states
Median income ranked highest to lowest, compared to the national figure
View Insurance Underwriters salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $107K | +31% | 2,890 |
| New Hampshire | $104K | +28% | 270 |
| Nevada | $101K | +25% | 480 |
| Connecticut | $101K | +24% | 2,010 |
| Colorado | $101K | +24% | 2,040 |
| Washington | $99K | +22% | 1,740 |
| New York | $97K | +20% | 6,900 |
| Wisconsin | $97K | +20% | 3,110 |
| New Jersey | $96K | +18% | 3,150 |
| Maine | $96K | +17% | 520 |
| California | $95K | +17% | 6,580 |
| Maryland | $92K | +13% | 1,310 |
| Illinois | $90K | +10% | N/A |
| Georgia | $86K | +6% | 7,160 |
| Rhode Island | $85K | +4% | 250 |
| South Dakota | $83K | +2% | 210 |
| Arkansas | $82K | +1% | 290 |
| District of Columbia | $82K | +1% | N/A |
| Virginia | $82K | +1% | 2,470 |
| Alaska | $82K | +0% | 100 |
| Minnesota | $81K | -1% | 2,550 |
| Missouri | $80K | -2% | 2,130 |
| Kentucky | $80K | -2% | 900 |
| South Carolina | $80K | -2% | 910 |
| Ohio | $79K | -3% | 5,110 |
| Oregon | $79K | -3% | 570 |
| Pennsylvania | $79K | -3% | 5,160 |
| Texas | $79K | -3% | 9,980 |
| Tennessee | $79K | -3% | 1,250 |
| Florida | $79K | -3% | 7,300 |
| Vermont | $78K | -4% | 210 |
| Arizona | $78K | -4% | 3,360 |
| Indiana | $77K | -5% | 2,170 |
| Michigan | $77K | -5% | 2,590 |
| North Carolina | $77K | -5% | 3,460 |
| Kansas | $77K | -5% | 1,230 |
| Louisiana | $77K | -6% | 1,050 |
| Iowa | $75K | -8% | 1,490 |
| Nebraska | $75K | -8% | 1,410 |
| North Dakota | $74K | -9% | 210 |
| Hawaii | $73K | -10% | 230 |
| Utah | $73K | -11% | 490 |
| Oklahoma | $67K | -18% | 600 |
| New Mexico | $64K | -21% | 100 |
| Montana | $63K | -22% | 140 |
| Idaho | $63K | -23% | 360 |
| Wyoming | $62K | -23% | 50 |
| Alabama | $62K | -24% | 1,540 |
| Mississippi | $59K | -27% | 600 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track insurance underwriters salary changes
BLS updates this data annually. We'll email you when Denver-Aurora-Centennial numbers change.
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Quick answers
The stuff people actually ask about this job
Can a insurance underwriter afford a 2BR apartment alone in Denver-Aurora-Centennial?
Yes — at the median salary of $102K, rent takes 27.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,712/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance underwriters in Denver-Aurora-Centennial?
The 10th-percentile wage — what new insurance underwriters typically earn — is $73K/year. Take-home on that works out to about $4,689/month.
Is insurance underwriter a high-paying job in Denver-Aurora-Centennial?
Local pay is 25% above the national median — $102K here vs. $81K nationally.
How does Denver-Aurora-Centennial compare to the national average for insurance underwriters?
Denver-Aurora-Centennial pays $102K median vs. the U.S. average of $81K — that’s +25%.
How much do insurance underwriters make in Denver-Aurora-Centennial, CO?
The median is $101,840 a year, that works out to about $49 an hour. But the range is wide: entry-level workers start around $72,600, and experienced insurance underwriters can clear $171,060. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $102K enough to live in Denver-Aurora-Centennial?
On that salary, you'd take home roughly $6,296/month after taxes. A 2-bedroom here rents for about $1,712/month, which eats 27.2% 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 Denver-Aurora-Centennial?
Denver-Aurora-Centennial 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 $101,840 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.