Insurance Underwriter salary in Denver-Aurora-Centennial, CO
Insurance Underwriters in the Denver-Aurora-Centennial, CO metro area earn a median of $101,840 a year ($48.96 an hour), based on BLS data for 1,540 workers.
Pay ranges from $72,600 for the lowest-paid 10% to $171,060 for the top 10%. That is 25% higher than the national median of $81,370. Pay here is 1% higher than the Colorado statewide median of $100,640. There are 0.96 insurance underwriters per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $115,260, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Denver-Aurora-Centennial, CO
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $72,600 | $34.90 |
| 25th percentile | $80,990 | $38.94 |
| Median | $101,840 | $48.96 |
| 75th percentile | $137,700 | $66.20 |
| 90th percentile (top earners) | $171,060 | $82.24 |
| Average (mean) | $115,260 | $55.42 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,486.67 |
| Semi-monthly (24 a year) | $4,243.33 |
| Biweekly (26 a year) | $3,916.92 |
| Weekly | $1,958.46 |
| Hourly | $48.96 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Colorado Springs, CO | $93,960 | 240 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the Colorado statewide figures.
Related jobs in Denver-Aurora-Centennial, CO
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $100,020 | $48.09 |
| Financial and Investment Analysts | $104,480 | $50.23 |
| Personal Financial Advisor | $98,740 | $47.47 |
| Financial Specialists, All Other | $88,090 | $42.35 |
| Loan Officer | $100,130 | $48.14 |
| Financial Examiner | $101,070 | $48.59 |
| Tax Preparer | $65,150 | $31.32 |
| Budget Analyst | $100,720 | $48.42 |
| Financial Risk Specialist | $118,620 | $57.03 |
| Credit Analyst | $81,380 | $39.12 |
| Tax Examiners and Collectors, and Revenue Agents | $69,750 | $33.53 |
| Property Appraisers and Assessors | $79,110 | $38.04 |
| Credit Counselor | $58,710 | $28.23 |
| Business Operations Specialists, All Other | $94,990 | $45.67 |
More: Business and Financial Operations Occupations · all salaries in Denver-Aurora-Centennial, CO
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Denver-Aurora-Centennial, CO?
The median salary for insurance underwriters in the Denver-Aurora-Centennial, CO metro area is $101,840 a year, or $48.96 an hour. Pay ranges from $72,600 for the lowest-paid 10% to $171,060 for the top 10%.
How much do the highest-paid insurance underwriters make in Denver-Aurora-Centennial, CO?
The top 10% of insurance underwriters in the Denver-Aurora-Centennial, CO metro area earn at least $171,060 a year. The top 25% earn $137,700 or more.
What is the starting pay for insurance underwriters in Denver-Aurora-Centennial, CO?
Entry-level pay (the 10th percentile) is about $72,600 a year, and a quarter of insurance underwriters earn $80,990 or less.
How many insurance underwriters work in Denver-Aurora-Centennial, CO?
About 1,540 insurance underwriters are employed in the Denver-Aurora-Centennial, CO metro area, not counting the self-employed.