Insurance Underwriters in Colorado
Get the information you need to know about working as an Insurance Underwriter.
While jobs for Insurance Underwriters in Colorado are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in Colorado is expected to decrease.
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Insurance Underwriters in Colorado earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Colorado?
In Colorado, there were 1,330 people working as Insurance Underwriters in the year 2018.
There were 1,360 Insurance Underwriters employed in this state in 2017.
That’s a decline of 30 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means Colorado has more Insurance Underwriters than average.
Job Projections for Colorado
Jobs for Insurance Underwriters in this state are declining at a rate of 2.6% which is a slower decline than the nationwide estimated projection of
Colorado Annual Job Openings
The BLS is projecting 110 annual Insurance Underwriters job openings in Colorado, and 1,490 total jobs in the year 2026.
Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.
What do Insurance Underwriters Make in Colorado?
In 2018 wages for Insurance Underwriters ranged from $46,390 to $121,880 with $71,180 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $22.3 to $58.6. The median hourly rate was $34.22.
In 2017 the median pay for this field was $35.56 an hour.
The hourly rate declined by $1.34.
The median salary in Colorado is higher than the nationwide median salary.
Top Colorado Metros for Insurance Underwriters
The table below shows some of the metros in this state with the most Insurance Underwriters.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Denver-Aurora-Lakewood, CO | 960 | $76,080 |
| Greeley, CO | 50 | $65,210 |
Top States for Insurance Underwriters Employment
View the list below to see where most Insurance Underwriters work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 9,130 | $78,750 |
| New York | 8,430 | $78,420 |
| Texas | 7,560 | $61,240 |
| Georgia | 6,020 | $73,910 |
| Illinois | 5,780 | $70,410 |
| Florida | 4,970 | $63,790 |
| Pennsylvania | 4,640 | $71,070 |
| Ohio | 4,630 | $68,190 |
| New Jersey | 3,190 | $79,930 |
| Connecticut | 2,940 | $70,980 |
| Massachusetts | 2,410 | $76,760 |
| Missouri | 2,320 | $64,660 |
| Wisconsin | 2,260 | $63,490 |
| Virginia | 2,180 | $64,260 |
| North Carolina | 2,010 | $71,570 |
| Iowa | 1,850 | $67,020 |
| Minnesota | 1,620 | $63,820 |
| Washington | 1,610 | $76,110 |
| Arizona | 1,570 | $71,400 |
| Nebraska | 1,530 | $59,960 |
Below are the states where Insurance Underwriters get paid the most:
| State | Annual Median Salary |
|---|---|
| New Hampshire | $80,530 |
| District of Columbia | $80,410 |
| New Jersey | $79,930 |
| California | $78,750 |
| New York | $78,420 |
| Massachusetts | $76,760 |
| Maryland | $76,450 |
| Washington | $76,110 |
| South Dakota | $74,810 |
| Georgia | $73,910 |
Related Careers in CO
You may also be interested in the following careers:
| Occupation | CO Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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