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Applied Underwriters Jobs in Virginia (NOW HIRING)

Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU), or equivalent. * Proficiency in agency management software, preferably Applied (TAM or EPIC) or AMS360. * Strong ...

... underwriting guidelines and loan process * Ability to review AUS findings and guidelines prior to loan submission to confirm that application fits loan program applied for * Understand how to ...

New

Mortgage Loan Processor

Colonial Heights, VA · On-site

$39K - $53K/yr

... underwriting guidelines and loan process • Ability to review AUS findings and guidelines prior to loan submission to confirm that application fits loan program applied for • Understand how to ...

Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU), or equivalent. * Proficiency in agency management software, preferably Applied (TAM or EPIC) or AMS360. * Strong ...

Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU), or equivalent. * Proficiency in agency management software, preferably Applied (TAM or EPIC) or AMS360. * Strong ...

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Showing results 1-20

Applied Underwriters information

See Virginia salary details

$13

$22

$32

How much do applied underwriters jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for applied underwriters in Virginia is $22.56, according to ZipRecruiter salary data. Most workers in this role earn between $18.61 and $25.48 per hour, depending on experience, location, and employer.

What is the difference between Applied Underwriters vs Underwriter?

AspectApplied UnderwritersUnderwriter
CredentialsTypically requires insurance licensing, underwriting certificationsRequires similar insurance licenses, underwriting training
Work EnvironmentOffice-based, insurance companies, underwriting departmentsOffice or remote, insurance firms, risk assessment roles
Industry UsageUsed by insurance companies, especially in specialty underwritingCommonly used across insurance sectors for risk evaluation

Applied Underwriters is a specific company specializing in insurance underwriting services, whereas Underwriter is a general job title for professionals assessing risk in insurance, finance, or lending industries. While both roles involve risk assessment and require similar certifications, Applied Underwriters refers to a particular employer, and Underwriter is a broader role found across many organizations.

What job categories do people searching Applied Underwriters jobs in Virginia look for?

The top searched job categories for Applied Underwriters jobs in Virginia are:

Infographic showing various Applied Underwriters job openings in Virginia as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 23% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $46,918 per year, or $22.6 per hour.

Senior Commercial Underwriter

Burke & Herbert Bank & Trust

Richmond, VA • On-site

$93K - $111K/yr

Other

Re-posted 25 days ago


Burke & Herbert Bank rating

6.4

Company rating: 6.4 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

150th of 174 rated banks


Job description

Job Description
Job Description
Job Posting TitleSenior Commercial Underwriter
Job Description

CLASSIFICATION

Exempt


REPORTS TO

Credit Manager


DATE

October 3, 2024


JOB DESCRIPTION

Summary/Objective

The Senior Commercial Underwriter shall perform financial analysis and risk assessment on Commercial & Industrial and Commercial Real Estate transactions. This independent analysis function is designed to provide an in-depth evaluation of the strengths and weaknesses in commercial loan requests that will assist management in determining if the overall risk in a credit request is acceptable to the Bank. In addition, this position may be asked to apply their financial analysis skills to assist other areas of credit risk management.


Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Prepare timely, high quality credit analysis and recommendations that accurately describe the transaction along with risk and mitigating factors associated with the loan request.
  • Prepare detailed analysis of historical property operations to make informed decisions about future performance.
  • Utilize financial spreading software as well as other financial analysis tools to evaluate borrower’s cash flow and determine adequacy of the borrower’s primary and secondary repayment sources.
  • For real estate transactions, in-depth understanding of property operating statements, leases, rent rolls, real estate schedules and the ability to perform detailed cash flow analysis using CRE templates. Ability to perform stress testing scenarios on construction projects and stabilized income producing real estate properties.
  • For C&I transactions, ability to understand cash flow cycles, conduct sensitivity analysis, evaluate Borrower’s cash flow and its ability to provide adequate debt coverage for the proposed transactions as well as determine cushions of protections.
  • Research and investigate applicable market data using industry related tools such as Co Star and Vertical IQ.
  • Analyze third-party reports and appraisals. Determine and obtain missing files and/or missing documentation as needed to complete the assignment.
  • Experience in analyzing and interpreting all levels of financial statement quality.
  • Ability to analyze complex personal financial statements and personal tax returns of sponsors/guarantors as well as contingent debt.
  • Assign risk rating based on risk rating metrics and Bank loan policy.
  • Monitor and measure financial covenants as well as Borrower operating performance.
  • Assist with preparation of loan presentations for Executive and Board Loan Committees.
  • Perform routine annual reviews of relationships within loan portfolio.
  • Assist with training & mentoring of commercial underwriting team members.
  • Attend client meetings, as appropriate, to support underwriting request.


Other Duties

  • Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
  • Perform other duties as assigned.


Skills/Abilities

  • High level of commercial loan underwriting expertise.
  • Extensive knowledge of spreading and analyzing financial statements.
  • Thorough understanding of financial accounting.
  • Knowledge of applicable local market.
  • Ability to work well under pressure and meet designated deadlines.
  • Full understanding of loan documentation and applicable regulatory requirements.
  • Excellent verbal and written communication skills.
  • Computer literate with proficiency in Microsoft Office applications.
  • Excellent organizational skills.
  • Strong analytical skills and attention to detail.
  • Ability to work independently while meeting processing standards for quality and quantity.
  • Experience with Financial Spreading software.
  • Experience with industry related tools (Vertical IQ & Co-Star preferred).


Supervisory Responsibility


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