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Insurance Underwriters Salary in Colorado

Last updated: 2025 BLS data · Page refreshed:

How much do Insurance Underwriters make in Colorado?

Last updated: 2025 data from the Bureau of Labor Statistics

$100,640
Median Annual Salary
▲ +0.6% vs 2024
$111,330
Mean Salary
$100,640
Median Salary
$48.38
Hourly Rate
2,040 people work as Insurance Underwriters in Colorado

Insurance Underwriters salary by percentile in Colorado

BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).

Insurance Underwriters salary in Colorado — 2025 BLS percentilesHorizontal bars showing 10th, 25th, 50th, 75th and 90th percentile annual salaries for Insurance Underwriters in Colorado.10thBottom 10% earn less than $67,390$67,39025th25% earn less than $76,860$76,860MedianHalf earn more than $100,640$100,64075th75% earn less than $130,880$130,88090thTop 10% earn more than $167,680$167,680

Insurance Underwriters in Colorado earn a median salary of $100,640 per year ($8,386/month). This is 23.2% above the national average of $81,709. Colorado ranks #5 out of 49 states for Insurance Underwriters pay. Approximately 2,040 people work in this occupation across Colorado. Salaries increased by 0.6% compared to 2024.

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in Colorado

Salaries for Insurance Underwriters in Colorado range from $67,390 at the 10th percentile (entry level) to $167,680 at the 90th percentile (experienced). The middle 50% earn between $76,860 and $130,880.

Median $100,640
P10: $67,390 P25: $76,860 P75: $130,880 P90: $167,680
10th
$67,390
25th
$76,860
Median
$100,640
75th
$130,880
90th
$167,680
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $67,390 $32.40 $5,615
25th Percentile $76,860 $36.95 $6,405
Median (50th) $100,640 $48.38 $8,386
75th Percentile $130,880 $62.92 $10,906
90th Percentile (Experienced) $167,680 $80.62 $13,973

Note: The mean (average) salary of $111,330 differs from the median because salary distributions are typically skewed by high earners.

📊 How Does This Compare?

#5
Colorado ranks #5 of 49 states
$81,709
National avg. for Insurance Underwriters
+23.2%
vs. national average
Above Average

What does this salary really buy? See Insurance Underwriters salary in Colorado adjusted for cost of living →

How much do you actually take home? See Insurance Underwriters take-home pay in Colorado after taxes →

Explore Insurance Underwriters Data in Colorado

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much do Insurance Underwriters make in Colorado?
The median annual salary for Insurance Underwriters in Colorado is $100,640 as of 2025. The average (mean) salary is $111,330.
What is the salary range for a Insurance Underwriters in Colorado?
Salaries for Insurance Underwriters in Colorado range from $67,390 at the 10th percentile to $167,680 at the 90th percentile. The middle 50% earn between $76,860 and $130,880.
What is the starting salary for a Insurance Underwriters in Colorado?
Entry-level Insurance Underwriters positions in Colorado typically start around $67,390 (10th percentile). With some experience, salaries rise to $76,860 (25th percentile).
How many people work as Insurance Underwriters in Colorado?
According to 2025 BLS data, approximately 2,040 people are employed as Insurance Underwriters in Colorado.
What is the hourly rate for a Insurance Underwriters in Colorado?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Colorado is approximately $48.38 per hour.

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Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS

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