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Assistant Underwriter Jobs in Bothell, WA (NOW HIRING)

Salal Credit Union

Senior Commercial Underwriter

Seattle, WA · On-site

$120K - $140K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

You'll play a critical role in evaluating and underwriting commercial loan opportunities, partnering closely with relationship teams to assess risk, structure sound credit decisions, and support ...

Salal Credit Union

Senior Commercial Underwriter

Seattle, WA · On-site +1

$114K - $159K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

You'll play a critical role in evaluating and underwriting commercial loan opportunities, partnering closely with relationship teams to assess risk, structure sound credit decisions, and support ...

Salal Credit Union

Senior Commercial Underwriter

Seattle, WA · On-site +1

$140K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

You\'ll play a critical role in evaluating and underwriting commercial loan opportunities, partnering closely with relationship teams to assess risk, structure sound credit decisions, and support ...

Liberty Mutual

Surety Underwriting Assistant

Seattle, WA · On-site

$22.25 - $30.50/hr

High school diploma or equivalent required. * 3+ years surety bond underwriting assistant experienced or related experience desired. * Understanding of surety rating and processing functions ...

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Assistant Underwriter information

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How much do assistant underwriter jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for assistant underwriter in Bothell, WA is $25.43, according to ZipRecruiter salary data. Most workers in this role earn between $20.96 and $28.75 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 Bothell, WA?

The most popular types of Underwriter jobs in Bothell, WA are:

What are popular job titles related to Assistant Underwriter jobs in Bothell, WA?

For Assistant Underwriter jobs in Bothell, WA, the most frequently searched job titles are:

What cities near Bothell, WA are hiring for Assistant Underwriter jobs?

Cities near Bothell, WA with the most Assistant Underwriter job openings:

Assistant Underwriter jobs near you
Infographic showing various Assistant Underwriter job openings in Bothell, WA as of August 2026, with employment types broken down into 2% As Needed, 70% Full Time, 24% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 2% Hybrid, and 1% Remote job distribution, with an average salary of $52,903 per year, or $25.4 per hour.

Senior Commercial Underwriter

Salal Credit Union

Seattle, WA • On-site

$120K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago

Job description

Salal Credit Union is looking to add a new Senior Commercial Loan Underwriter (Portfolio Manager). This is a great opportunity to join our Credit Administration team in a high-impact role where your credit expertise directly shapes the strength and performance of our commercial loan portfolio.
You'll play a critical role in evaluating and underwriting commercial loan opportunities, partnering closely with relationship teams to assess risk, structure sound credit decisions, and support sustainable growth. You'll independently analyze financial statements, industry trends, and borrower risk profiles to make informed credit recommendations-and approve loan requests within your designated authority.
Beyond new originations, you'll serve as a steward of the portfolio, ensuring ongoing credit quality through detailed annual reviews and proactive loan management. Your work will help maintain data integrity, portfolio stability, and regulatory compliance while identifying emerging risks and opportunities.
This is an ideal role for an experienced commercial underwriter or portfolio manager who enjoys balancing analytical rigor with strategic decision-making and who wants to make a visible impact within a collaborative credit union culture.
This role is remote with the preference for candidates to be located in the Washington or Oregon markets. Remote work may also be considered for candidates in AZ, CA, FL, GA, ID, NY, or TX.
In this role you will:
  • Review member applications and loan inquiries, structuring and recommending commercial transactions that align with Credit Union policy, regulatory requirements, and prudent credit risk standards
  • Prepare concise, high-quality credit approval narratives, including financial spreading and cash flow analysis, risk rating, collateral evaluation (LTV and property characteristics), and assessment of market, legal, and structural risks
  • Partner with loan production teams to obtain complete credit information and ongoing reporting; communicate directly with members and borrowers in a professional, relationship-focused manner
  • Review, analyze, and approve appraisals and other third-party reports to support sound underwriting decisions
  • Actively manage the commercial loan portfolio, including annual reviews, risk rating changes, problem credits, modifications, and overall credit quality monitoring
  • Conduct site inspections as needed and maintain accurate physical and electronic credit files, including covenant tracking
  • Provide timely portfolio updates and credit recommendations to management and Credit Committee, presenting credits clearly and confidently while meeting service level expectations
  • Serve as a senior credit resource, supporting leadership, production staff, and cross-functional partners through strong communication and subject-matter expertise

Our ideal candidate would have:
  • 5+ years of experience underwriting commercial lending
  • Bachelor's degree in Accounting, Business, or Finance preferred
  • A strong understanding of commercial banking terms and definitions, including analyzing C&I and CRE deals
  • Strong credit acumen, including auditing, math, and financial analysis aptitude
  • Strong attention to detail, accuracy, quality, quantity and timeliness of work

Compensation and Benefits Offered:
  • This role has a posted salary range of $114,166.67 - $159,833.33, which reflects the full compensation range for the position over time. Most offers are expected to fall between $120,000 - $140,000, depending on qualifications and experience.
  • Potential to earn additional compensation annually based on company goal achievement.
  • Comprehensive healthcare benefits including health, dental, and vision insurance.
  • Generous time off including 15 days of vacation, 12 days of sick time, and paid holidays.
  • Tuition reimbursement.
  • 401(k) plan with company matching after 6 months of employment.
  • Charitable contribution matching.
  • Company-paid life, AD&D, and long-term disability insurances. Plus additional optional benefits.

Expanded details about our benefit offerings can be found on our company careers page:
We have helped thousands of members manage their money by making bold, measured decisions to offer the right products to each person. Our mission is to break down financial barriers for the innovators in our community by offering good rates, low fees, and dedicated personal services. Beyond that, we are committed to giving 5% of our annual income to help people and causes in the communities we serve, because we know that many small actions, when added together, can make big impacts.
Helping our employees build and achieve their career goals is equally important to us, and we are dedicated to fostering a positive work environment where they can thrive. We strongly prioritize their growth and development as well as their so we can be an institution that our employees are proud to be a part of.
Salal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. Salal Credit Union does not discriminate on the basis of race, sex, gender identity, religion/creed, pregnancy, age, physical or mental disability, size or shape, marital status, national origin, genetics/genetic markers, military or veteran status, sexual orientation or any other characteristic protected by applicable laws. We adhere to these principles in all aspects of employment. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individual's identities and abilities.
To request a reasonable accommodation in order to complete your application or if you need this job announcement in an alternative format, contact the Talent Acquisition Team at . If you do not have internet access, you may visit your local public library or any WorkSource location and use their computers.
Salal Credit Union participates in .

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