ZipRecruiter

Log In

1

Assistant Underwriter Jobs in Rio Rancho, NM (NOW HIRING)

Nusenda

Commercial Credit Analyst

Albuquerque, NM · On-site

You'll assist Business Services Officers regarding annual loan reviews and origination of new loan ... Complete analysis and underwriting of new loan requests, including screening, spreading, analyzing ...

next page

Showing results 1-20

All JobsUnderwriter JobsAssistant Underwriter JobsAssistant Underwriter Jobs in Rio Rancho, NM

Assistant Underwriter information

See Rio Rancho, NM salary details

$12

$21

$30

How much do assistant underwriter jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for assistant underwriter in Rio Rancho, NM is $21.40, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $24.18 per hour, depending on experience, location, and employer.

What are Assistant Underwriters?

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 Rio Rancho, NM? The most popular types of Underwriter jobs in Rio Rancho, NM are:
What are popular job titles related to Assistant Underwriter jobs in Rio Rancho, NM? For Assistant Underwriter jobs in Rio Rancho, NM, the most frequently searched job titles are:
What cities near Rio Rancho, NM are hiring for Assistant Underwriter jobs? Cities near Rio Rancho, NM with the most Assistant Underwriter job openings:
Assistant Underwriter jobs near you
Infographic showing various Assistant Underwriter job openings in Rio Rancho, NM as of July 2026, with employment types broken down into 1% As Needed, 73% Full Time, 23% Part Time, 1% Temporary, and 2% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $44,513 per year, or $21.4 per hour.
Portfolio Analytics Manager

Portfolio Analytics Manager

Sandia Laboratory Federal Credit Union

Albuquerque, NM • On-site

$83K - $104K/yr

Full-time

Posted 29 days ago

Job description

Job Type
Full-time
Description
Job Summary:
Responsible for the analysis and performance of Sunward's loan portfolio. Assists with the development of data-driven strategies to assess and enhance loan performance. Collaborates with various departments to provide insight into loan portfolio trends and performance metrics that align with the credit union's strategic goals to become the economic engine of the Southwest.
Essential Job Duties:
Portfolio Analysis:
  • Analyze loan product performance, identifying trends related to delinquency, charge-offs, and overall portfolio health.
  • Evaluate portfolio segmentation (e.g., loan types, geographies, credit scores) to identify areas of strength and risk, providing data insights for lending strategy adjustments.
  • Collaborate with Finance to ensure accurate forecasting of charge-offs and CECL calculations to support the Allowance for Loan Loss.
  • Conduct and communicate standard and ad hoc stress testing scenarios to determine portfolio vulnerabilities and resilience to various economic scenarios.
  • Develop and maintain key risk metrics, including delinquency ratios, net charge-off ratios, and early-stage delinquency trends.
  • Establish thresholds for key risk indicators and provide breach monitoring and escalation procedures for corrective action.
  • Build dashboards to monitor risk factors and present these insights to management and key stakeholders, enabling real-time decisions.
  • Support remediation efforts by partnering with relevant risk leaders to provide portfolio risk mitigation strategies.
  • Present portfolio performance insights and recommendations to relevant committees, including Credit Portfolio Analysis Meeting.
  • Benchmark Sunward's portfolio performance against peers and competitors to identify performance gaps and propose actionable underwriting adjustments.
  • Monitor borrower and portfolio trends in response to changes in economic conditions, including interest rate movements, unemployment trends, and housing market dynamics.
  • Provide data-driven insights to support the review of underwriting guidelines, credit risk policies, and loan pricing strategies.
  • Assist with the design and development of dashboards for risk management and reporting, including interactive tools for loan portfolio visualization.
  • Build and maintain quantitative models for scenario analysis, credit risk modeling, and forecasting, utilizing statistical methods (e.g., correlation, regression).
  • Enhance scenario analysis and market forecasting tools to optimize business strategies and capital planning.
  • Monitor portfolio concentration risk (e.g., geographic concentration, borrower segments) and recommend adjustments to mitigate exposure.

Collaboration, Reporting and Project Management:
  • Partner with business users to interpret data findings, providing risk insights and suggesting potential adjustments to business strategies.
  • Support Special Assets with financial reporting and effectiveness metrics.
  • Assist in identifying and testing robust data and modeling solutions for stress testing and credit analytics.
  • Build and maintain a forecasting framework for portfolio performance metrics.
  • Serve as admin for the Akuvo platform in creating or generating tickets to enhance metrics, systems, and efficiencies.
  • Manage project onboarding for new vendors that support technology efficiencies for Special Assets.
  • Perform other duties as assigned.
  • Work with Project Management Officer (PMO) to facilitate the effective scoping, reporting, and management/implementation of the projects.
  • Directly and indirectly supports cross-functional teams of business unit leaders, analysts, internal stakeholders, and external partners (vendors) to facilitate the on-time.

Requirements
Required Skills/Abilities:
  • Strong proficiency in Microsoft Office applications, particularly Word and Excel.
  • Advanced analytical, quantitative, and problem-solving skills.
  • Proven ability to analyze loan portfolio performance and communicate risks effectively.

Knowledge:
  • Strong knowledge of regulatory requirements, including FDCPA, FCRA, SCRA, and others.
  • Familiarity with loan underwriting, collections, and financial statement analysis.
  • Solid understanding of asset recovery and liquidation including applicable regulatory reporting requirements.
  • Strong knowledge of consumer lending, and related collection practices
  • Strong financial acumen with experience in budgeting, forecasting, and P&L management.
  • Familiar with Allowance for Loan Loss calculation under Current Expected Credit Loss ("CECL") standard
  • Familiar with statistical methods (e.g correlation, regressing, clustering, etc.)
  • Knowledge of data visualization tools like Tableau or PowerBI, Oracle Business Intelligence, or similar tools.

Education and Experience:
  • Minimum six years' combined experience in financial portfolio analysis, consumer and commercial loan underwriting requirements, collections, or a closely related field
  • Minimum bachelor's degree in business administration, finance, accounting, data science or related field, or more than six years of related experience.

Physical Requirements:
Frequent periods of sitting at a desk and working on a computer.
Must be able to lift 20 pounds at times.
Salary Description
$83,524.00 - $104,405.00

Apply