Underwriter Salary in Denver, Colorado

How much does an Underwriter make in Denver, CO?

As of April 01, 2025, the average annual salary for an Underwriter in Denver, CO is $100,127. According to Salary.com, salaries can range from a low of $79,102 to a high of $128,808, with most professionals earning between $89,122 and $115,140.

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Salary range for an Underwriter

$89,122 to $115,140

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Underwriter

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Job Openings for Underwriter in Denver, CO

What does an Underwriter do?

Common responsibilities of an Underwriter

Evaluates new business submissions, renewals, and policy change requests for their book of business resulting in underwriting decisions within their authority or recommendations for decisions exceeding their authority.

November 24, 2022

Assists the Quality Control Department and the Post-Closing Department in obtaining missing documentation needed in order to render a loan saleable in the secondary market.

December 31, 2022

Provides primary communication and direction for all processing requirements including policy issuance instruction, endorsement requests, billing requirements and audit review.

February 11, 2023

Demonstrates continual learning by attending industry seminars, webinars and other training programs.

February 22, 2023

Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.

March 12, 2023

Works closely with Account Managers, Lending Officers & Management to answer specific loan questions or verify condition and documentation request.

April 05, 2023

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Underwriter Salary By Experience Levels in Denver, CO

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Underwriter Salary By Level of Education in Denver, CO

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LEVEL OF EDUCATION

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Average Salary Range for Underwriter in Denver, CO

Average Base Salary

Core compensation

89122

115140

100127

Average Total Cash Compensation

Includes base and annual incentives

93930

125846

107010

What is the average salary for Underwriter in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter in Denver, CO. The base salary for Underwriter ranges from $89,122 to $115,140 with the average base salary of $100,127. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,930 to $125,846 with the average total cash compensation of $107,010.

View Average Salary for Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$100,127	$89,122 - $115,140
Bonus	$6,883	$4,808 - $10,706
Total Pay	$107,010	$93,930 - $125,846

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Underwriter Salary Near Denver, CO

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Denver, CO
CITY, STATE Westminster, CO	AVERAGE SALARY RANGE $89,122 - $115,140	COMPARE TO Denver, CO 0%
CITY, STATE Aurora, CO	AVERAGE SALARY RANGE $89,061 - $115,061	COMPARE TO Denver, CO
CITY, STATE Arvada, CO	AVERAGE SALARY RANGE $89,122 - $115,140	COMPARE TO Denver, CO 0%
CITY, STATE Broomfield, CO	AVERAGE SALARY RANGE $90,171 - $116,495	COMPARE TO Denver, CO
CITY, STATE Castle Rock, CO	AVERAGE SALARY RANGE $87,575 - $113,141	COMPARE TO Denver, CO
CITY, STATE Boulder, CO	AVERAGE SALARY RANGE $91,744 - $118,528	COMPARE TO Denver, CO

See salaries for Underwriter in locations close to Denver, CO. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Denver, Colorado

Denver is in the center of the Front Range Urban Corridor, between the Rocky Mountains to the west and the High Plains to the east. Denver's topography consists of plains in the city center with hilly areas to the north, west and south. According to the United States Census Bureau the city has a total area of 155 square miles (401 km2), of which 153 square miles (396 km2) is land and 1.6 square miles (4.1 km2) (1.1%) is water. The City and County of Denver is surrounded by only three other counties: Adams County to the north and east, Arapahoe County to the south and east, and Jefferson County...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Underwriter in Denver, CO

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter I	LOCATION Denver, CO	MINIMUM SALARY $54,825	MAXIMUM SALARY $68,783
JOB TITLE Underwriter II	LOCATION Denver, CO	MINIMUM SALARY $65,192	MAXIMUM SALARY $78,617
JOB TITLE Underwriter III	LOCATION Denver, CO	MINIMUM SALARY $86,384	MAXIMUM SALARY $103,300
JOB TITLE Underwriter IV	LOCATION Denver, CO	MINIMUM SALARY $103,075	MAXIMUM SALARY $119,165
JOB TITLE Underwriter V	LOCATION Denver, CO	MINIMUM SALARY $121,581	MAXIMUM SALARY $151,642
JOB TITLE Health Underwriter	LOCATION Denver, CO	MINIMUM SALARY $65,192	MAXIMUM SALARY $78,617

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