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Associate Underwriter Jobs in Iowa (NOW HIRING)

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Associate Underwriter information

See Iowa salary details

$30.5K

$74.1K

$131K

How much do associate underwriter jobs pay per year?

As of Jul 27, 2026, the average yearly pay for associate underwriter in Iowa is $74,088.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,300.00 and $81,700.00 per year, depending on experience, location, and employer.

Is underwriting an entry-level position?

Associate underwriters are often considered entry-level roles in the insurance and finance industries, typically requiring a bachelor's degree and some related internship or work experience. These positions involve evaluating risks, analyzing data, and may require knowledge of underwriting software. Advancement usually depends on experience, performance, and additional certifications such as the Chartered Property Casualty Underwriter (CPCU).

Is underwriting a high paying career?

Associate underwriters typically earn competitive salaries that can increase with experience, certifications, and specialization. While salaries vary by industry and location, underwriting is generally considered a stable and well-paying career within the insurance and finance sectors.

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, and why are they important?

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.

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.

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 do associate underwriters make?

Associate underwriters typically earn a salary ranging from $50,000 to $70,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced associates or those in specialized fields can earn higher compensation, often supplemented with bonuses or incentives.

What is the role of an associate underwriter?

An associate underwriter assists in evaluating insurance applications by analyzing risk factors, reviewing policy details, and supporting senior underwriters. They often use underwriting software and need strong analytical skills to help determine policy terms and pricing within established guidelines.
What are the most commonly searched types of Underwriter jobs in Iowa? The most popular types of Underwriter jobs in Iowa are:
What cities in Iowa are hiring for Associate Underwriter jobs? Cities in Iowa with the most Associate Underwriter job openings:
Infographic showing various Associate Underwriter job openings in Iowa as of July 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $74,088 per year, or $35.6 per hour.
Associate Underwriter

Associate Underwriter

Great West Casualty Company

Sioux City, IA โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


Job description

This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely.
Are you looking to kick-start your career at a company that is committed to your long-term success? Do you enjoy building relationships and working as part of a team while also working independently? Join our team as a Small Business Underwriter.
As a Small Business Underwriter, you will build a profitable book of business specializing in commercial trucking. With underwriting goals, growth, and premium objectives in mind, you will select and monitor risk while maintaining quality business relationships.
Responsibilities:
  • Directly impact the profitability and success of our business.
  • Underwrite, determine price, and rate endorsements.
  • Have autonomy in your work and manage your book of business in a fast-paced environment.
  • Become a trusted partner with our agents and insureds through your relationship-building skills.
  • Participate in a training program that includes one-on-one mentoring, classroom instruction, and self-study.

Qualifications:
  • Prior experience in sales, a position building relationships, or experience in insurance is desirable, but not required.
  • Negotiation skills and the ability to analyze risk.
  • The ability to identify customer needs and market Great West products and services to them.

Your Future Starts Here: Benefits That Support Your Lifestyle
  • Competitive Compensation
  • Generous paid time off and paid company holiday schedule
  • Medical, Dental, Vision, Life, Long-Term Disability, Company Match 401(k), HSA, FSA
  • Paternal Leave, Adoption Assistance, Fertility and Family Planning Assistance, Pet Insurance, Retail Discount Programs
  • Community volunteer opportunities
  • Wellness programs, gym subsidies, and support for maintaining a healthy lifestyle
  • Scholarships for dependents and tuition reimbursement to further your education
  • Company paid continuing education and monetary awards for professional development
  • Opportunities for a hybrid work schedule (three days in the office, two days remote)

Who We Are
At Great West, an Old Republic Company, we are dedicated to serving the people and businesses that keep America moving. As one of the nation's leading providers of insurance solutions for the trucking industry, we partner with drivers, fleets, agents, and customers to deliver exceptional service, innovative solutions, and trusted expertise. Our success is built on the strength of our employees, with more than 1,200 professionals working across the country who are committed to integrity, collaboration, and making a difference every day.
We believe that great people build great companies. That's why we foster a culture where employees are valued, supported, and empowered to grow both personally and professionally. Whether you're helping customers, supporting business operations, or supporting your team, your contributions matter. If you're looking for a career with a stable, respected organization that prioritizes customer service, teamwork, continuous learning, and employee well-being, we invite you to join Great West as we help keep the nation's economy moving forward, one mile at a time.
To learn more about Great West and our office locations, please visit www.orgreatwest.com
Great West is an Equal Opportunity Employer