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Associate Underwriter Jobs in Indiana (NOW HIRING)

Underwriting Specialist II

Fort Wayne, IN ยท On-site

$55K - $65K/yr

Develop and maintain positive and constructive working relationships with underwriters, marketing professionals, brokers, and policy operations associates to provide high quality service to clients ...

Underwriting Specialist II

Fort Wayne, IN ยท On-site

$55K - $65K/yr

Develop and maintain positive and constructive working relationships with underwriters, marketing professionals, brokers, and policy operations associates to provide high quality service to clients ...

Underwriting Specialist II

Fort Wayne, IN ยท Hybrid

$55K - $65K/yr

Develop and maintain positive and constructive working relationships with underwriters, marketing professionals, brokers, and policy operations associates to provide high quality service to clients ...

Showing results 41-60

Associate Underwriter information

See Indiana salary details

$30.9K

$75.1K

$132.7K

How much do associate underwriter jobs pay per year?

As of Aug 10, 2026, the average yearly pay for associate underwriter in Indiana is $75,058.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $82,800.00 per year, depending on experience, location, and employer.

How much do associate underwriters make?

Associate underwriters typically earn between $55,000 and $75,000 annually, depending on experience, industry, and company size. Entry-level positions may start lower, while experienced associates with specialized skills can earn higher salaries, often with opportunities for bonuses and career advancement.

Is it hard to get a job in associate underwriting?

Getting an associate underwriting position typically requires relevant education, such as a degree in finance or insurance, and some entry-level experience or internships. The role is competitive, but candidates with strong analytical skills, attention to detail, and knowledge of underwriting software have good prospects. Certification programs like the Chartered Property Casualty Underwriter (CPCU) can also improve chances.

What is the difference between Associate Underwriter vs Underwriting Assistant?

AspectAssociate UnderwriterUnderwriting Assistant
CredentialsBachelor's degree often required; industry certifications beneficialHigh school diploma or equivalent; some roles prefer associate's degree
Work EnvironmentAnalyzing risk, making underwriting decisions, collaborating with underwritersSupporting underwriting team, data entry, document management
Employer & Industry UsageInsurance companies, brokers, and underwriting firmsInsurance companies, underwriting departments, administrative support

The Associate Underwriter typically handles risk analysis and decision-making, requiring more specialized knowledge and certifications. In contrast, the Underwriting Assistant provides administrative support, focusing on data management and assisting underwriters. Both roles are essential in the underwriting process but differ in responsibilities and required qualifications.

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

To thrive as an Associate Underwriter, you need a strong understanding of risk assessment, analytical abilities, and a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, statistical analysis tools, and knowledge of industry regulations are commonly required. Attention to detail, effective communication, and time management are vital soft skills for excelling in this position. These skills are important for making sound risk decisions, ensuring compliance, and supporting the overall profitability of the organization.

Is it hard to get a job in underwriting?

Getting a job as an associate underwriter can be competitive, often requiring relevant education such as a degree in finance or risk management, along with strong analytical skills. Entry-level positions may be accessible with internships or certifications like the CPCU, but higher-level roles typically demand experience and industry knowledge.

What is an associate in underwriting?

An associate in underwriting is an entry- or mid-level professional who assists in evaluating insurance applications, assessing risk, and determining policy terms. They typically work under the supervision of senior underwriters and use tools like underwriting software to support decision-making processes.

What are some common challenges faced by associate underwriters, and how can they be addressed?

Associate Underwriters often encounter challenges such as balancing workload during peak periods, ensuring accuracy in risk assessments, and adapting to evolving underwriting guidelines. Effective time management and strong organizational skills can help manage a high volume of applications. Additionally, staying current with industry regulations and seeking guidance from senior underwriters or mentors can enhance decision-making skills and confidence in evaluating complex cases.

Is it hard to get a job in associate underwriter?

Securing an associate underwriter position typically requires relevant education, such as a degree in finance or insurance, and some industry experience or internships. Strong analytical skills, attention to detail, and knowledge of underwriting software can improve job prospects, but competition varies by location and employer requirements.

What does an associate underwriter do?

An Associate Underwriter assists in evaluating and analyzing the risks involved in insuring people and assets. They typically review applications, examine supporting documents, and help determine the appropriate coverage and premiums under the supervision of a senior underwriter. This role often involves data entry, risk assessment, and communication with agents or brokers. Associate Underwriters are essential in ensuring that insurance policies are issued in accordance with company guidelines and industry regulations.
What are the most commonly searched types of Underwriter jobs in Indiana? The most popular types of Underwriter jobs in Indiana are:
What cities in Indiana are hiring for Associate Underwriter jobs? Cities in Indiana with the most Associate Underwriter job openings:
Infographic showing various Associate Underwriter job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $75,058 per year, or $36.1 per hour.

Credit Underwriter - Loan Review/Risk Governance

Centier Bank

Merrillville, IN โ€ข On-site

Full-time

Medical, Retirement, PTO

Re-posted 6 days ago


Job description

Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company's achievement as well.
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
Supervisory Responsibilities: This individual may occasionally assist with training less experienced analysts and coordinating department projects as needed.
Job Summary: The Underwriter III plays a key role in strengthening the quality of the bank's commercial credit portfolio by preparing written credit review analyses and recommending appropriate risk ratings for relationships ranging from $1MM to the bank's legal lending limit. This role supports early identification of credit concerns through financial review, covenant monitoring, and Watchlist analysis, while partnering with lenders to provide thoughtful, risk-based insight. The ideal candidate brings strong experience with moderately complex commercial loans, including significant exposure to relationships exceeding $5MM, with expertise in CRE and/or C&I.
Essential Duties and Responsibilities:
  • Exercise independent judgment in presenting data, conclusions, and recommendations within the framework of applicable regulations, policies, and guidelines.
  • Collect and review borrower financial information, including income, assets, and liabilities, to assess appropriate credit exposure for relationships typically ranging from $1MM to $20MM.
  • Lead development of written credit review presentations for existing loan relationships and partner with commercial lenders to shape action plans for Watchlist credits. Presentations should clearly identify key strengths, emerging risks, and the recommended risk grade, with concise verbal summaries provided at Watchlist Committee to inform discussion and next steps.
  • Conduct reviews of covenant compliance and collaborate with lenders for resolution to failed covenants.
  • Interact with commercial lenders and Risk Management officers to evaluate any potential deterioration of existing borrowers.
  • Participate and provide expertise in credit discussions as needed with commercial lenders, market presidents, credit managers, and the Chief Credit Officer.
  • Help drive strong portfolio performance by applying sound credit review practices that support early detection of risk, proactive issue management, and effective oversight of commercial relationships.

Knowledge, Skills, and Abilities:
  • Strong time management skills, with the ability to meet strict deadlines and respond to high-priority requests from management.
  • Strong critical thinking skills, with the ability to evaluate information, form sound conclusions, and communicate recommendations clearly in writing and verbally.
  • Strong quantitative analysis skills, including the ability to work with multiple variables, analyze large data sets and spreadsheets, and identify and summarize patterns and trends.
  • Demonstrated ability to learn new tasks, procedures, and software quickly, along with the underlying concepts that support a broad range of commercial loan risk management responsibilities.
  • Strong organizational skills, with the ability to manage multiple priorities while maintaining accuracy and follow-through.
  • Strong attention to detail
  • Proficiency in Microsoft Office and experience working with financial models, worksheets, and spreadsheets.
  • Some travel may be required

Minimum Requirements:
  • Working knowledge of underwriting principles for moderately complex Commercial & Industrial or Commercial Real Estate loans, as well as certain specialty lending types such as land acquisition and development, contractor, hotel, senior housing, municipal, or nonprofit lending.
  • Bachelor's degree in finance, accounting, or a related field, or equivalent experience and training in commercial loan credit analysis.
  • At least 5 years of commercial lending experience, with a strong emphasis on credit analysis, portfolio risk assessment, and risk management.
  • Completion of formal credit training through ABA, RMA, or a comparable internal bank training program. Credit Review experience is preferred.

What do I do now?
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Disability Accommodation Statement
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer/Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
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