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Assistant Underwriter Jobs in Virginia (NOW HIRING)

Underwriter

Richmond, VA · On-site

$75K - $95K/yr

... * Assist in coordinating review and renewal schedules for existing credits, supporting ongoing ... Ensure all underwriting decisions align with the bank's credit policies and procedures. Business ...

Captives Underwriter

Alexandria, VA · Hybrid

$124K - $199K/yr

Senior Executive Underwriter - UW07CCExecutive Underwriter - UW07CD We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.

LIO Specialty, Underwriter

Richmond, VA · On-site

$64K - $107K/yr

The Underwriter will assist with the development of profitable Casualty Construction business and maintain relationships with wholesale partners. The incumbent will utilize and comply with the ...

As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your expertise to make ...

Responsibilities As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your ...

Responsibilities As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your ...

Surety Underwriter

Dale City, VA · On-site

$140K - $250K/yr

... assist staff with bond production to produce cross-sell opportunities and new leverage points with agencies. Join a company focused on the 'long run' with excellent salary and fringe benefits up ...

Surety Underwriter

Reston, VA · On-site

$140K - $250K/yr

... • Assist account managers with bond execution and billing, and maintenance of account bond schedules. • Communicate with customers, bond underwriters, and contractors. • Represent agency to ...

Sr Underwriter

Richmond, VA · On-site

$7.5K - $110K/yr

The Senior Underwriter serves as a trusted resource to agents and internal partners, provides guidance on unusual or higherhazard accounts, and supports underwriting consistency through mentoring ...

Underwrite healthcare liability insurance for long-term care facilities, social services agencies ... Use critical thinking skills to negotiate terms. * Assist in training and mentoring of new ...

Senior Underwriter

Richmond, VA

$97K - $115K/yr

The Senior Underwriter serves as a trusted resource to agents and internal partners, provides guidance on unusual or higherhazard accounts, and supports underwriting consistency through mentoring ...

Underwrite healthcare liability insurance for long-term care facilities, social services agencies ... Use critical thinking skills to negotiate terms. * Assist in training and mentoring of new ...

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Assistant Underwriter information

See Virginia salary details

$13

$22

$32

How much do assistant underwriter jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for assistant underwriter 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 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 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 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 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.

What are the most commonly searched types of Underwriter jobs in Virginia? The most popular types of Underwriter jobs in Virginia are:
What cities in Virginia are hiring for Assistant Underwriter jobs? Cities in Virginia with the most Assistant Underwriter job openings:
Infographic showing various Assistant Underwriter job openings in Virginia as of August 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $46,918 per year, or $22.6 per hour.

$75K - $95K/yr

Full-time

Posted 25 days ago


Job description

Job Type
Full-time
Description
New Horizon is not just another bank; it is a dynamic, forward-thinking financial institution committed to redefining the banking relationship through our relentless pursuit of curiosity, boundless creativity, and unwavering dedication to innovation. Our team is comprised of passionate individuals who are constantly seeking new ways to enhance our services and create exceptional experiences for our customers. From developing innovative financial products to implementing cutting-edge technologies, we are committed to finding creative solutions that address the evolving needs of our clients in today's integrated and fast-paced world. Join us on our journey as we continue to explore new horizons, challenge conventions, and redefine the future of banking.
New Horizon Bank is looking for an Underwriter III to play a critical role in evaluating and approving loan applications and ensuring compliance with bank policies and regulatory requirements. Your expertise will help us manage risk effectively while providing "white glove" service to our clients.
You know you are the right candidate for this role if:
  • You love balancing risk mitigation with opportunity.
  • You can apply a creative approach to loan structuring - increasing the chances of closing the loan.
  • You possess exceptional judgement, strong strategic and critical thinking skills, and you like to solve problems collaboratively.
  • You are an action oriented, outcomes-driven leader.

What you'll spend your time doing:
Underwriting:
  • Underwrite commercial credit actions by reviewing financial statements, analyzing borrower risk ratings, and recommending appropriate loan structuring.
  • Collaborate with loan officers and other team members to gather additional information and clarify borrower details.
  • Ensure all parties are kept informed of underwriting progress and outcomes.
  • Communicate decisions and recommendations clearly and effectively to both internal and external stakeholders.
  • Provide guidance and support to teammates on underwriting procedures and information needs.
  • Prepare detailed reports and documentation to support underwriting decisions.

Analysis:
  • Source, compile, and interpret financial data to support the structuring and approval of loans.
  • Review industry information, key risks, mitigants, and collateral to form a comprehensive business overview of the borrower.
  • Utilize analysis results to underwrite commercial loans effectively.
  • Prepare credit analysis documentation and servicing information.

Risk Management:
  • Identify and evaluate risks associated with new and existing commercial credit requests and relationships through thorough review and analysis.
  • Collaborate with Bank associates and partners to address risk issues, communicate review schedules, and manage changes in the commercial portfolio.
  • Assist in coordinating review and renewal schedules for existing credits, supporting ongoing risk identification and management.
  • Ensure all underwriting decisions align with the bank's credit policies and procedures.

Business Support:
  • Identify cross-sales opportunities for new and existing relationships based on analytical activities.
  • Partner with associates and clients to determine needs and structure new requests, renewals, and modifications.
  • Maintain up-to-date knowledge of industry regulations, market trends, and best practices.

Requirements
  • Bachelor's degree in Finance, Business Administration, or a related field.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proficiency in underwriting software and Microsoft Office Suite.
  • Strong understanding of underwriting principles, credit analysis, and risk management.
  • Minimum of 7 years of underwriting experience, with a focus on commercial loans, minimum 10 years preferred.
  • Effective communication and interpersonal skills, with the ability to interact confidently with senior management and regulatory authorities.

Salary Description
75,000-95,000