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Associate Commercial Underwriter Jobs in Bothell, WA

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Associate Commercial Underwriter information

See Bothell, WA salary details

$39.7K

$78.6K

$123.5K

How much do associate commercial underwriter jobs pay per year?

As of Aug 16, 2026, the average yearly pay for associate commercial underwriter in Bothell, WA is $78,606.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,900.00 and $92,800.00 per year, depending on experience, location, and employer.

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.

What are the most commonly searched types of Commercial Underwriter jobs in Bothell, WA?

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

Senior Vice President of Leasing

Bridge33 Capital

Seattle, WA • On-site

$225 - $325/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 17 days ago


Job description

JOIN OUR TEAM

Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm specializing in open-air retail real estate. Poised to launch its next fund—a pivotal milestone—the Company remains dedicated to driving value at every stage of the investment lifecycle.

We are seeking a Senior Vice President of Leasing, to lead and execute leasing strategies across the Company’s portfolio. Partnering closely with our Asset Management team, this role will drive portfolio value, maximize occupancy, and directly impact our bottom line. This is an in-person role based in our Seattle office. Come make your mark as an integral part of Bridge33 Capital!

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES
  • Head of Leasing, managing leasing professionals across a national platform in 25 states.
  • Develop and implement asset-specific leasing strategies for stabilized, value-add, and opportunistic retail assets to drive NOI and maximize investor returns throughout US portfolio.
  • Leverage an established network of national retailers, franchises, brokers, and tenant representatives to source new prospects and execute anchor, junior anchor, and inline leases.
  • Recruit, mentor, and directly manage the internal leasing team (including Directors, Managers and Associates). Set clear individual performance metrics, foster a high-accountability sales culture, and actively coach team members on complex deal structuring, negotiation tactics, and relationship management to build a strong talent pipeline.
  • Select, contract, and actively manage third-party leasing brokerage teams. Establish clear performance metrics, holding teams accountable to leasing timelines and pro-forma targets.
  • Oversee and collaborate on the underwriting, structuring, and final negotiation of complex retail leases, including specialized clauses (e.g., co-tenancy, exclusives, percentage rent, kick-outs, and radius restrictions).
  • Partner with Asset Management to align leasing activity with property business plans on an on-going basis.
  • Assist Investments during due diligence by validating market assumptions, market rents, and tenant creditworthiness.
  • Review and analyze lease economics using Excel. Present financial analyses, Net Present Value (NPV) calculations, and tenant credit profiles to the Investment team for approval.
  • Report directly to and work closely with the EVP of Real Estate Operations and Strategy to ensure investor returns and company goals and objectives are met.
QUALIFICATIONS
  • 8–12+ years of sophisticated commercial real estate leasing experience, with a strict focus on retail assets (strip centers, power centers, lifestyle centers, or urban retail). Experience within a PE firm, REIT, or top-tier institutional developer is highly preferred.
  • Proven history of closing deals with major national and regional retail tenants, with a deep understanding of current retail market trends and experiential retail shifts.
  • Advanced proficiency in Microsoft Excel for underwriting lease economics and calculating financial returns and deal metrics.
  • Expert understanding of retail lease language, legal structures, and the financial impact of restrictive covenants.
  • Education: Bachelor’s degree in real estate, Finance, Business Administration, or a related field preferred. An MBA or MS in Real Estate is a plus.
  • Must be passionate about managing and developing a high performing team.
COMPANY CULTURE NOTE

As a private equity firm, we operate in a fast-paced, growing, high-stakes environment. The ideal candidate is a self-starter who possesses an "owner’s mindset," thrives under performance-driven metrics, and can seamlessly pivot between high-level investment strategy and granular lease negotiations.

WHAT WE OFFER
  • Fast paced and dynamic work environment, including frequent interaction with the executive management team.
  • Opportunity to build your own team.
  • Generous paid time off policy.
  • Company sponsored medical, dental and vision insurance.
  • Company paid life insurance.
  • Company paid short- and long-term disability insurance.
  • Paid parental leave.
  • 401k plan with Company match.
  • 11 paid holidays.

The annual salary range for this role is $225,000-$325,000 plus an annual performance based bonus

Bridge33 provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Bridge33 is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact our Human Resources department at hr.requests@bridge33capital.com.

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