Insurance Underwriters pay in Colorado
$111,330avg. a year
$53.53 an hour · 2,040 employed
Insurance Underwriters in Colorado earn an average of $111,330 a year. That is $17,630 (19%) more than the U.S. average of $93,700. The best-paying metro area is Denver-Aurora-Centennial, CO at $115,260.
$100,640Median pay
$53.53Average hourly
+25%Avg. pay since 2020
#2Of 48 states + D.C.
Top-paying Colorado metro areas
Average pay for insurance underwriters by metro area. Swipe to see all 2.
11,540 jobs
Denver-Aurora-Centennial, CO
$115,260
$55.42 an hour
2240 jobs
Colorado Springs, CO
$104,410
$50.20 an hour
Why people trust JobPayFacts
Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
Insurance Underwriters pay in Colorado, charted
Pay over time
Colorado, annual wage, May of each year
AverageMedian
Where Colorado insurance underwriters work
Employment by metro area, May 2025
Average pay by state
May 2025 · Colorado highlighted · tap a state
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Under $78k$78k–$88k$88k–$99k$99k+Colorado
Colorado vs. neighbors
Average pay, May 2025
| Area | Avg. pay | Hourly |
|---|---|---|
| United States | $93,700 | $45.05 |
| Colorado | $111,330 | $53.53 |
| Kansas | $95,660 | $45.99 |
| Nebraska | $76,900 | $36.97 |
| Utah | $76,430 | $36.75 |
| Oklahoma | $72,490 | $34.85 |
| New Mexico | $71,970 | $34.60 |
Related jobs in Colorado
- Accountants and Auditors$103,150
- Financial and Investment Analysts$116,590
- Loan Officers$97,840
- Financial Specialists, All Other$96,150
- Financial Examiners$105,650
- Personal Financial Advisors$123,110
Average pay, Colorado, May 2025
Bureau of Labor Statistics OEWS
Questions and answers
How much do insurance underwriters make in Colorado?
The average is $111,330 a year, and the median is $100,640. That is $17,630 (19%) more than the U.S. average of $93,700.
What is the hourly wage in Colorado?
$53.53 an hour on average; the median is $48.38.
Where in Colorado do they earn the most?
Denver-Aurora-Centennial, CO ($115,260), followed by Colorado Springs, CO ($104,410). The lowest average among 2 metro areas with data is Colorado Springs, CO ($104,410).
How does Colorado rank?
Colorado ranks #2 of 49 states (including D.C.) with published data for this job, by average pay.
Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 13-2053. State rank compares average pay across states with published data. Metro figures cover metropolitan statistical areas; a metro area can cross state lines. See also the national insurance underwriters page. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.