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Assistant Underwriter Jobs in Iowa (NOW HIRING)

Underwriting Assistant

Davenport, IA ยท On-site

$17.25 - $23.75/hr

Old Republic Bitco Corporation is seeking an Underwriting Assistant to join our Home Office located in Davenport, IA . As a respected specialty insurer with 11 branch offices across 10 states, OR ...

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Assistant Underwriter information

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How much do assistant underwriter jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for assistant underwriter in Iowa is $21.37, according to ZipRecruiter salary data. Most workers in this role earn between $17.60 and $24.13 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 Iowa?

The most popular types of Underwriter jobs in Iowa are:

What cities in Iowa are hiring for Assistant Underwriter jobs?

Cities in Iowa with the most Assistant Underwriter job openings:

Infographic showing various Assistant Underwriter job openings in Iowa as of August 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 66% In-person, 17% Hybrid, and 17% Remote job distribution, with an average salary of $44,450 per year, or $21.4 per hour.

Senior Portfolio Underwriter - Remote Location or Hartford CT Office

Munich RE

Des Moines, IA โ€ข On-site

$96K - $113K/yr

Other

Posted 20 days ago


Job description

All locations Hartford, United States; Boston, United States; Chicago, United States; Des Moines, United States; Jersey City, United States; Philadelphia, United States; White Plains, United States;

The Senior Portfolio Underwriter at HSB holds the paramount responsibility for managing, monitoring, expanding, and optimizing the portfolio products for the company's largest and most critical client company relationships. This role is central to achieving profit and growth objectives and is a cornerstone of HSB's strategic initiative to foster business growth. It involves acting as a catalyst in the introduction of new products and managing the performance of existing client companies.

As a thought leader for clients, the Senior Portfolio Underwriter is tasked with devising innovative solutions by tapping into HSB's comprehensive resources, encompassing data, products, and services. The role demands a tactical deployment of HSB's capabilities to maximize and enhance client partnerships.

In collaboration with Product Managers and the Underwriting Lead, the Senior Portfolio Underwriter utilizes creative data analysis methods, such as diagnostic and predictive analytics, to gain a deep understanding and optimization of product performance. These analytical techniques are essential for developing targeted strategies for corrective actions, ensuring rate adequacy, precise price segmentation, and identifying emerging loss trends. This responsibility includes a thorough examination of claims, engineering reports, expenses, exposure data/profile shifts, pure premium trends, and third-party exposure data.

The Senior Portfolio Underwriter is also responsible for crafting and delivering compelling client presentations externally. These presentations are designed to effectively communicate financial results, data analyses, rate assessments, and evolving loss trends, positioning the Senior Portfolio Underwriter as the technical authority for both clients and the Client Integration Team.

With underwriting binding authority, the Senior Portfolio Underwriter independently makes crucial underwriting decisions that directly influence the financial outcomes of their assigned portfolio, thereby impacting the company's P&L.

Education and Experience:

  • Bachelors or equivalent work experience is required
  • 7+ years of P&C insurance/reinsurance experience
    • 5+ years in Underwriting preferred
  • Demonstrated understanding of commercial and personal lines insurance and reinsurance coverage, concepts, principles, exposures and processes to drive profitable results
  • Demonstrated ability to translate large data analysis into actionable decisions
  • Demonstrated understanding of rate development (pure premium), price segmentation & detecting leading loss trends
  • Past experience with responsibility for achieving profit and growth targets for a book a business.
  • Demonstrated experience with negotiation and conflict resolution
  • Exhibited ability to develop creative and unique solutions
  • HSB Product knowledge and Previous Experience and familiarity with HSB is desired

Knowledge and Skills:

  • Financial Statement (Business Finance) knowledge and analysis
  • General insurance/reinsurance industry knowledge
  • Presentation Skills
  • Strong interpersonal, written and verbal communication skills
  • Portfolio analysis
  • HSB Product knowledge
  • Organization and time management skills
  • Consultative and Strategic negotiation skills
  • Strong project management skills to manage multiple concurrent projects and issues.
  • PC skills (Excel, PowerPoint, Power BI, and Word)
  • Detail Oriented
  • Action oriented with strong analytical, Actuarial skills, Statistical analysis, innovation and persuasion skills to influence change
  • Naturally curious and inquisitive to identify issues and solve problems. Resourceful in order to research issues, assemble support, and recommend creative solutions to underwriting issues

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

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