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Underwriting Associate Jobs in Colorado (NOW HIRING)

Walker & Dunlop

Associate, Real Estate Equity

Denver, CO · On-site

$85 - $95/hr

Position Summary The Associate will support the execution and management of real estate equity ... Support underwriting, due diligence, and execution of new investments * Build and maintain ...

Tallgrass

Associate-Capital Markets

Lakewood, CO · On-site

The Associate plays a central role in project finance execution, capital formation, commercial ... Financial Modeling & Investment Underwriting * Own the development and maintenance of complex ...

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All JobsUnderwriting Associate JobsUnderwriting Associate Jobs in Colorado

Underwriting Associate information

See Colorado salary details

$9

$19

$33

How much do underwriting associate jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for underwriting associate in Colorado is $19.99, according to ZipRecruiter salary data. Most workers in this role earn between $15.91 and $21.25 per hour, depending on experience, location, and employer.

What is an underwriting associate?

Underwriting associates are entry- to mid-level professionals who support underwriters in evaluating and processing insurance applications or loan requests. They assist in gathering and reviewing applicant information, assessing risk factors, and preparing documentation necessary for decision-making. Their work ensures that underwriters have accurate data to determine whether to approve or deny coverage or loans, and under what terms. Underwriting associates often interact with agents, clients, and other departments to facilitate a smooth underwriting process.

What are the key skills and qualifications needed to thrive as an underwriting associate?

To thrive as an Underwriting Associate, you need a strong understanding of risk assessment, analytical skills, and knowledge of insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, data analysis tools, and sometimes certifications such as CPCU or AU is highly valuable. Attention to detail, effective communication, and organizational skills help you excel in evaluating applications and collaborating with clients and colleagues. These skills ensure accurate risk evaluation, efficient workflow, and compliance with industry standards, leading to sound business decisions and customer satisfaction.

What are some common challenges underwriting associates face when balancing risk assessment with client expectations?

Underwriting Associates often need to carefully evaluate the risk profile of applicants while also considering the business objectives and maintaining positive relationships with clients or brokers. A common challenge is ensuring thorough risk analysis under tight deadlines, especially when clients expect quick decisions. Balancing the need for accuracy and compliance with internal policies, while also providing responsive service, requires strong organizational and communication skills. Collaborating closely with senior underwriters and other departments can help manage these challenges and ensure informed, fair decisions.

Is underwriting a hard career?

Underwriting is a detail-oriented role that requires strong analytical skills, attention to detail, and knowledge of insurance or financial products. It can be challenging due to the need to assess risk accurately and make decisions under pressure, but it also offers opportunities for professional growth and specialization.

Is underwriting an entry level position?

Underwriting associate positions are often entry-level roles that require basic knowledge of insurance or finance, strong analytical skills, and attention to detail. Many employers provide on-the-job training, and some roles may prefer candidates with a relevant degree or certification, such as the Chartered Insurance Professional (CIP).

What are the most commonly searched types of Underwriting jobs in Colorado?

The most popular types of Underwriting jobs in Colorado are:

What cities in Colorado are hiring for Underwriting Associate jobs?

Cities in Colorado with the most Underwriting Associate job openings:

Underwriting Associate jobs near you
Infographic showing various Underwriting Associate job openings in Colorado as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $41,587 per year, or $20 per hour.

Farmers Business Insurance Associate

Ryan Reardon Farmers Insurance

Colorado Springs, CO • On-site

$80K - $95K/yr

Full-time

Dental, Vision, Life, Retirement, PTO

Posted 28 days ago

Job description

The Business Insurance Associate supports the agency’s commercial lines growth by helping local business owners understand their coverage needs and connecting them with tailored insurance solutions. This role blends sales, client relationship management, and underwriting support. The associate will prospect, quote, and onboard new commercial clients while assisting with renewals, policy changes, and service requests.

This position is ideal for someone who enjoys working with small business owners, has strong communication skills, and is motivated by building long‑term professional relationships. The role is on‑site in Colorado Springs and offers long‑term career growth within the agency.

Responsibilities

Sales Business Development

  • Prospect and engage local business owners through outbound calls, networking, referrals, and community involvement.


  • Identify coverage needs and present appropriate commercial insurance solutions.


  • Prepare and deliver quotes for BOP, commercial auto, workers’ comp, general liability, and other lines.


  • Manage follow‑ups, pipeline activity, and onboarding of new commercial clients.


Client Service Support


  • Assist clients with policy changes, billing questions, certificates of insurance, and claims coordination.


  • Maintain accurate client records and documentation within agency systems.


  • Support renewal reviews by identifying coverage gaps, rate changes, and cross‑sell opportunities.


  • Provide responsive, professional service that strengthens client retention.


Operational Administrative


  • Work closely with the agency owner to prioritize leads, manage workflows, and support commercial marketing efforts.


  • Ensure applications, underwriting documents, and required forms are completed accurately.


  • Maintain compliance with Farmers Insurance standards, state regulations, and agency procedures.
Requirements

Required:

  • Strong communication skills with the ability to explain coverage clearly and professionally.


  • Sales‑driven mindset with comfort in outreach, prospecting, and relationship‑building.


  • Solid organizational skills and attention to detail for managing documentation and follow‑ups.


  • Ability to work independently while collaborating with the agency team.


  • Proficiency with office software and willingness to learn agency management systems.


  • High school diploma or equivalent.


  • Ability to pass a standard background check.


Licensing:


  • Active Property Casualty license required (or willingness to obtain — agency support available).


  • Life Health license preferred but not required for the role.


Preferred:


  • Experience in commercial insurance, small business sales, banking, lending, or other B2B environments.


  • Comfort speaking with business owners and discussing operational risks.


  • Familiarity with Farmers commercial products (BOP, GL, WC, CA, etc.) is a plus.
Benefits
Flexible Schedule###Dental Insurance###Vision Insurance###Life Insurance###Disability Insurance###Mon-Fri Schedule###Career Growth Opportunities###Retirement Plan###Paid Time Off (PTO)###