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Assistant Underwriter Jobs in Delaware (NOW HIRING)

Conduct credit investigations, and prepare loan packages for underwriters and SBA officers for more complex and/or non-routine deals. Primary Responsibilities: * Evaluate commercial loan/lease ...

Conduct credit investigations, and prepare loan packages for underwriters and SBA officers for more complex and/or non-routine deals. Primary Responsibilities: * Evaluate commercial loan/lease ...

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Assistant Underwriter information

See Delaware salary details

$13

$22

$32

How much do assistant underwriter jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for assistant underwriter in Delaware is $22.77, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $25.72 per hour, depending on experience, location, and employer.

What is an assistant underwriter?

Assistant Underwriters are professionals who support underwriters in evaluating insurance applications, assessing risk, and determining appropriate coverage and premiums. They gather and review relevant information, process paperwork, and communicate with clients, agents, and other stakeholders. Assistant Underwriters play a crucial role in ensuring the underwriting process runs smoothly and efficiently, often serving as a bridge between clients and senior underwriters. Their responsibilities may also include data entry, preparing reports, and maintaining accurate records. This entry-level position offers valuable experience for those interested in advancing within the insurance industry.

What are some common challenges assistant underwriters face when supporting the underwriting process?

Assistant Underwriters often manage multiple tasks simultaneously, such as gathering client information, analyzing risk factors, and ensuring documentation accuracy. One common challenge is balancing administrative duties with the need to develop a strong understanding of underwriting guidelines and risk assessment criteria. Additionally, Assistant Underwriters must effectively communicate with brokers, agents, and senior underwriters to clarify requirements and resolve discrepancies. Adapting to evolving industry regulations and technology platforms is also essential for success in this role.

What are the key skills and qualifications needed to thrive as an assistant underwriter, and why are they important?

To thrive as an Assistant Underwriter, you need strong analytical skills, attention to detail, and a foundational understanding of insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, risk assessment tools, and sometimes certifications such as the Chartered Property Casualty Underwriter (CPCU) designation are valuable. Excellent organizational skills, communication abilities, and teamwork make candidates stand out in supporting underwriters and interacting with clients. These competencies are crucial for accurately assessing risk, ensuring compliance, and contributing to efficient underwriting processes.

What is the difference between Assistant Underwriter vs Underwriter?

AspectAssistant UnderwriterUnderwriter
CredentialsTypically requires a bachelor's degree, sometimes an insurance certificationSame as Assistant Underwriter, often with additional experience or certifications
Work EnvironmentSupports senior underwriters, reviews applications, gathers dataEvaluates risks, makes final approval decisions
Industry UsageCommon entry-level or support role in insurance companiesMid-level or senior role responsible for risk assessment

The main difference between an Assistant Underwriter and an Underwriter lies in responsibility and decision-making authority. Assistant Underwriters support underwriters by preparing and reviewing applications, while underwriters make the final risk assessments and approval decisions. Both roles require similar credentials and work within the same industry environment, but the underwriter holds greater responsibility and experience.

Can I become an assistant underwriter with no experience?

Assistant underwriters often start with little or no experience, as employers may provide on-the-job training and look for candidates with strong attention to detail, basic math skills, and good communication. Relevant education such as a high school diploma or a related certification can be helpful, but many roles prioritize willingness to learn and foundational skills over prior experience.

How much do assistant underwriters earn?

Assistant underwriters typically earn between $45,000 and $65,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced assistants or those with specialized skills can earn higher salaries. The role often requires knowledge of underwriting processes and relevant certifications.

Is an assistant underwriter a good job?

An assistant underwriter is an entry-level role in the insurance industry that involves supporting underwriters with data analysis, risk assessment, and documentation. It can be a good starting point for a career in underwriting or insurance, offering opportunities for skill development and advancement with experience and relevant certifications. The job typically requires attention to detail, analytical skills, and familiarity with underwriting software.

What are the most commonly searched types of Underwriter jobs in Delaware?

The most popular types of Underwriter jobs in Delaware are:

What job categories do people searching Assistant Underwriter jobs in Delaware look for?

The top searched job categories for Assistant Underwriter jobs in Delaware are:

What cities in Delaware are hiring for Assistant Underwriter jobs?

Cities in Delaware with the most Assistant Underwriter job openings:

Infographic showing various Assistant Underwriter job openings in Delaware as of August 2026, with employment types broken down into 2% As Needed, 75% Full Time, 20% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $47,365 per year, or $22.8 per hour.

Business Banking Underwriter I

Wilmington, DE • On-site


M&T Bank
Finance and Insurance • 10K+ employees

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

79th of 172 rated banks

Good employer

Recommended by parents

Respectful managers


$24.87 - $41.45/hr

Full-time

Re-posted yesterday


Job description

Overview:

Evaluate commercial loan/lease applications received primarily through the branch network channel. Adjudicate primarily new credit requests (of $25,000 or less) in accordance with designated approval authority with group credits and/or renewals (up to $100,000). Prepare credit analysis for commercial loan applications and enter credit applications into the credit system for underwriter review.  Conduct credit investigations, and prepare loan packages for underwriters and SBA officers for more complex and/or non-routine deals.

Primary Responsibilities:
  • Evaluate commercial loan/lease applications received primarily through branch network channel (and potentially via our online channel assuming future functionality). Credit facilities include secured and unsecured term loans, commercial mortgages, lines of credit, letters of credit and equipment leases. Evaluate each loan applicant's financial condition, cash flow and credit history in order to make appropriate loan decisions within individual lending authority.
  • Initiate and process credit requests in credit system for underwriters.
  • Interact with loan underwriters, bank office managers, various SBA personnel, and external customers throughout the underwriting process.  Research M&T Bank systems for the status of loan and deposit accounts, and enter into the credit system.
  • Understanding of governmental credit support available to small business loans (SBA programs) is required.  Review proposed loan packages for SBA eligibility following SBA program guidelines, policies and procedures for more complex and/or non-routine deals.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite.  Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Scope of Responsibilities:

Incumbent is to ensure customer credit requests are processed in accordance with bank policy, compliance and Business Banking underwriting guidelines in a timely manner that supports the bank's ability to deliver superior customer service. This allows the department to deliver high customer service as evidenced with a short turnaround time, which has a direct effect on the Department's ability to meet its Service Level Agreements.

Education and Experience Required:

Bachelor's degree in Business Administration and one year commercial or business banking underwriting or related credit processing experience or in lieu of a degree, a combined minimum of 5 years higher education and/or work experience to include one year commercial or business banking underwriting or related credit processing experience.

Education and Experience Preferred:

Working knowledge or financial statements, tax returns, and credit reports.

Requires knowledge of Microsoft Excel and Word.

Self-motivated, well organized and positive demeanor.

Strong verbal and written communication skills coupled with attractive negotiation skills.

Ability to work under critical time constraints.

Ability to function professionally at many different levels (clients, management, peers, etc). Consistently maintain a high level of professionalism and service when dealing with various loan and lease sources.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $24.87 - $41.45 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationWilmington, Delaware, United States of America


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