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Group Insurance Underwriter I Salary in Denver, CO

How Much Does a Group Insurance Underwriter I make?

Group Insurance Underwriter I made a median salary around $63,998 in December, 2024. The best-paid 25 percent made $72,669 probably that year, while the lowest-paid 25 percent made around $57,194. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Check out Group Insurance Underwriter I jobs in Denver, Colorado

Insurance Underwriter

Diedre Moire Corp. - Aurora, CO

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Insurance Underwriter

Diedre Moire Corp. - Aurora, CO

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Insurance Underwriter

Diedre Moire Corp. - Aurora, CO

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Insurance Underwriter

Diedre Moire Corp. - Aurora, CO

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Best-Paying Cities for Group Insurance Underwriter I

The metropolitan areas that pay the highest salary in the Group Insurance Underwriter I profession are Boulder , Eldorado Springs , Jamestown , Louisville , Niwot .
Boulder, CO $65,947
Eldorado Springs, CO $65,947
Jamestown, CO $65,947
Louisville, CO $65,947
Niwot, CO $65,947

Best-Paying States for Group Insurance Underwriter I

The states and districts that pay Group Insurance Underwriter I the highest salary are District of Columbia (around $69,971) , California (around $69,342) , New Jersey (around $68,902) , Alaska (around $68,462) , and Massachusetts (around $68,399) .
District of Columbia $69,971
California $69,342
New Jersey $68,902
Alaska $68,462
Massachusetts $68,399

What is the Career Path of Group Insurance Underwriter I?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Group Insurance Underwriter I, the first career path typically starts with a Health Underwriter position , and then progresses to Health Underwriting Director.

The second career path typically starts with an Underwriter (Life) II position , and then progresses to Life Underwriting Director.

The third career path typically starts with an Underwriter (P/C) II position , and then progresses to Property Casualty Underwriting Director.

Additionally, the fourth career path typically starts with an Underwriter II position , and then progresses to Chief Underwriting Officer.

Besides, Group Insurance Underwriter I can also turn to other related jobs, including Life Insurance Underwriter I , Group Underwriter I , Group Insurance Underwriter II and Group Insurance Underwriter III .

Frequently Asked Questions for Group Insurance Underwriter I

Q: What is the salary range of Group Insurance Underwriter I in Denver, CO?
A: In 2024 , the lowest-paid Group Insurance Underwriter I in Denver, CO earned an average annual salary of $57,194 , while the highest-paid made $72,669.
Q: What is the salary for a Group Insurance Underwriter I in California?
A: Group Insurance Underwriter I employed in California earned an average salary of $69,342 in 2024.

Average Group Insurance Underwriter I Pay vs. Other Jobs

Group Insurance Underwriter I earned an average salary of $63,998 in 2024. Other jobs related to Group Insurance Underwriter I earned the following average salary in December, 2024. Life Insurance Underwriter I made $57,930 , Group Underwriter I made $63,998 , Group Insurance Underwriter II and Group Insurance Underwriter III made $76,479 and $98,998 respectively .

Relevant Jobs of Group Insurance Underwriter I

Life Insurance Underwriter I - Average Salary $57,930
The Life Insurance Underwriter I calculates rates and premiums from approved decrement tables. Reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Being a Life Insurance Underwriter I may require a bachelor's degree. May have contact with the field force for information on which to base decisions. In addition, Life Insurance Underwriter I typically reports to a supervisor or manager. Being a Life Insurance Underwriter I works on projects/matters of limited complexity in a support role. Work is closely managed. Working as a Life Insurance Underwriter I typically requires 0-2 years of related experience.
Group Underwriter I - Average Salary $63,998
There is currently no job description for Group Underwriter I, be the first to submit the job responsibilities for Group Underwriter I.
Group Insurance Underwriter II - Average Salary $76,479
There is currently no job description for Group Insurance Underwriter II, be the first to submit the job responsibilities for Group Insurance Underwriter II.
Group Insurance Underwriter III - Average Salary $98,998
There is currently no job description for Group Insurance Underwriter III, be the first to submit the job responsibilities for Group Insurance Underwriter III.
Insurance Underwriter I - Average Salary $63,370
The Insurance Underwriter I utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter I ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter I may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Insurance Underwriter I typically requires 0-2 years of related experience.