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As of August 01, 2026, the average salary for a Workers Compensation Analyst in Colorado is $68,466 per year, which breaks down to an hourly rate of $33.
However, a Workers Compensation Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Workers Compensation Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $78,805 | $6,567 | $1,515 | $38 |
| Average | $68,466 | $5,705 | $1,317 | $33 |
| 25th Percentile | $63,968 | $5,331 | $1,230 | $31 |
Law Offices of Miguel Martinez PC - Denver, CO
TheBest Claims - Lakewood, CO
Congruex - Boulder, CO
KING'S INSURANCE STAFFING LLC - Denver, CO
A Workers Compensation Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Workers Compensation Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Workers C... Level Workers Compensation Analyst | $67,705 |
| Compensat... Level Workers Compensation Analyst | $80,817 |
| Compensat... Level Workers Compensation Analyst | $106,007 |
| Compensat... Level Workers Compensation Analyst | $128,720 |
| Compensat... Level Workers Compensation Analyst | $123,431 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Workers Compensation Analysts. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Workers Compensation Analyst roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Internet and Aerospace & Defense sectors offer the strongest compensation, at 30% above the average. In contrast, Workers Compensation Analyst positions in Media or Energy & Utilities typically offer lower base pay, as these industries often view Workers Compensation Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $89,005 | $43.0 | 30% |
| Aerospace & Defense | $85,582 | $41.0 | 25% |
| Healthcare | $82,159 | $39.0 | 20% |
| Financial Services | $78,735 | $38.0 | 15% |
| Chemicals | $75,312 | $36.0 | 10% |
Understanding how a Workers Compensation Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $78,805 | $6,567 | $1,515 | $38 |
| Average | $68,466 | $5,705 | $1,317 | $33 |
| 25th Percentile | $63,968 | $5,331 | $1,230 | $31 |
Ready to take the next step in your career? Browse thousands of current Workers Compensation Analyst job openings on our job board. Use the search bar below to find your perfect match.
Gallagher Bassett
Denver, CO
Gallagher Bassett | Denver, CO
IntroductionAt Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than just our job, its our pu... more
5 Days Ago
Arthur J. Gallagher & Co.
Denver, CO
Arthur J. Gallagher & Co. | Denver, CO
Job Opportunity At Gallagher BassettAt Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than ... more
5 Days Ago
Elite
Denver, CO
Elite | Denver, CO
Job Description. Job Description. Position: Sr. Workers Compensation Claims Adjuster. Salary: $80,000 to $90,000 (depending on experience). Type: Hybrid. .... more
5 Days Ago
Vantage Data Centers
Denver, CO
Vantage Data Centers | Denver, CO
Senior Analyst, CompensationThis position will be based on-site at our office in Denver, CO. in alignment with our flexible work policy. (3 days on site re... more
5 Days Ago
TheBest Claims
Denver, CO
TheBest Claims | Denver, CO
Our client, a National Third Party Administrator, is looking for a Workers' Compensation Supervisor for their Direct Hire opportunity. The ideal candidate ... more
4 Days Ago
ForzaCare
80018, CO
ForzaCare | 80018, CO
Job Description. Job Description. ABOUT US:Founded in 2022, ForzaCare is a purpose-driven organization that helps injured individuals recover faster and re... more
1 Day Ago
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