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Associate Commercial Underwriter Jobs in Delaware

SBA Lending Relationship Manager

Milford, DE ยท On-site

$111K - $183K/yr

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

SBA Lending Relationship Manager

Wilmington, DE ยท On-site

$111K - $183K/yr

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Knowledge and understanding of underwriting and evaluation commercial credit is preferred.WSFS Bank ... For more information about Associate benefits, please visit Bank is inclusive and supportive of ...

SBA Lending Relationship Manager

Wilmington, DE ยท On-site

$111K - $183K/yr

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Knowledge and understanding of underwriting and evaluation commercial credit is preferred. WSFS ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Must have commercial loan underwriting experience. * Must have strong knowledge of commercial and ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Private Banking Portfolio Manager

Wilmington, DE ยท On-site

$77.39 - $127.14/hr

Must have a minimum of 2 years of commercial loan underwriting experience.* Must have strong ... For more information about Associate benefits, please visit Bank is inclusive and supportive of ...

Must have commercial loan underwriting experience. * Must have strong knowledge of commercial and ... For more information about Associate benefits, please visit WSFS Bank is inclusive and supportive ...

Showing results 41-60

Associate Commercial Underwriter information

What is an associate commercial underwriter?

Associate Commercial Underwriters are entry- to mid-level professionals who evaluate and analyze the risks involved in insuring businesses and commercial properties. They assist senior underwriters by reviewing applications, financial statements, and supporting documents to determine the terms and conditions for insurance coverage. Their responsibilities often include assessing risk, setting premiums, and ensuring that policies comply with company standards and regulations. They play a key role in helping insurance companies make informed decisions about which commercial accounts to insure.

What are the key skills and qualifications needed to thrive as an associate commercial underwriter?

To thrive as an Associate Commercial Underwriter, you need a strong understanding of risk assessment, analytical skills, and a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and sometimes insurance certifications like CPCU or AU is often required. Attention to detail, effective communication, and sound judgment are crucial soft skills for evaluating applications and collaborating with clients or brokers. These abilities are essential for accurately assessing risk, ensuring profitable portfolios, and maintaining positive client relationships.

What are some common challenges faced by associate commercial underwriters when evaluating new business applications?

Associate Commercial Underwriters often encounter challenges such as assessing incomplete or ambiguous information from clients, balancing risk with business growth objectives, and staying current with evolving underwriting guidelines and regulations. They must also communicate effectively with brokers, agents, and senior underwriters to clarify details and ensure accurate risk assessment. Developing strong analytical and interpersonal skills can help manage these challenges and contribute to successful underwriting decisions.

What is the difference between Associate Commercial Underwriter vs Commercial Underwriter?

AspectAssociate Commercial UnderwriterCommercial Underwriter
CredentialsBachelor's degree, relevant insurance certifications often preferredBachelor's degree, professional certifications like CPCU or CIC advantageous
Work EnvironmentEntry-level, team-based, collaborative office settingMid-level, independent decision-making, client interaction
Employer & Industry UsageInsurance companies, brokers, and agenciesInsurance companies, underwriting firms, brokers
Comparison Search IntentYesYes

The Associate Commercial Underwriter typically handles initial risk assessments and supports senior underwriters, focusing on learning and development. Commercial Underwriters take on more complex cases, make independent decisions, and manage larger accounts. Both roles require relevant insurance knowledge and certifications, but the Commercial Underwriter has greater responsibility and experience.

Is associate commercial underwriter a good career?

An associate commercial underwriter is an entry-level role in the insurance industry that involves evaluating and assessing commercial insurance applications. It offers opportunities for career growth, skill development in risk analysis, and may require industry certifications such as CPCU. The role typically involves a structured work environment with standard office hours and can lead to more advanced underwriting positions.

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

The most popular types of Commercial Underwriter jobs in Delaware are:

What cities in Delaware are hiring for Associate Commercial Underwriter jobs?

Cities in Delaware with the most Associate Commercial Underwriter job openings:

SBA Lending Relationship Manager

Wsfsbank

Milford, DE โ€ข On-site

$111K - $183K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 27 days ago


Job description

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.

We're proud to offer a well-established, nationally recognized SBA program. Our experienced SBA team manages the full lending lifecycle-from origination and underwriting to closing. WSFS Bank has been recognized as a top SBA lender, reflecting our long-standing commitment to helping small businesses grow and thrive.

As an SBA Relationship Manager, you will drive the sales life cycle by generating leads and sourcing opportunities. Utilizing your expertise in loan policies, product knowledge, and financial analysis, you will structure SBA loan proposals and prepare comprehensive credit packages. You will build and maintain a robust referral network with commercial real estate brokers, business brokers, professional associations, accountants, lawyers, and more. Additionally, you will take charge of the success and growth of your assigned sales territory.

As the face of WSFS Bank for our existing SBA portfolio customers, you will address their servicing needs and ensure their continued satisfaction. This position offers you the unique opportunity to directly influence the financial success of our clients, work with a dynamic team, and leverage internal partnerships.

Job Responsibilities:

  • Responsible for the sales life cycle, including lead generation and sourcing, loan policies and structure, product knowledge and financial analysis.
  • Call on and develop a referral network with commercial real estate brokers, business brokers, business/professional associations, accountants, lawyers, etc. to solicit SBA loan opportunities.
  • Responsible for structuring SBA loan proposals and preparing credit packages.
  • Responsible for the success and growth of the assigned sales territory.

Minimum Qualifications:

  • Bachelor's degree, preferably in a business-related field, or equivalent experience.
  • 5+ years of financial services industry experience.
  • 5+ years of experience in Small Business Administration (SBA) lending, including 7(a) and 504 loans.
  • 5+ years of experience selling business related financial services products.
  • Knowledge of commercial and consumer loan and deposit products.
  • Superior customer service, sales, and business development skills.
  • Ability to travel to WSFS Bank's various locations throughout our footprint.
  • Excellent oral and written communication skills, as well as excellent listening ability and presentation skills.
  • Self-motivated and able to work with minimal supervision.
  • Intermediate skill level using Microsoft Office.
  • Knowledge and understanding of underwriting and evaluation commercial credit is preferred.

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.

This role may be hired at a level II or III depending on experience.

Salary Range:

$111,440.00 - $183,082.25

Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.