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Associate Underwriter Jobs in Minnesota (NOW HIRING)

Capital Markets Associate

Minneapolis, MN · On-site +1

$120K - $150K/yr

The Associate will work with capital providers, support cap rate guidance, create best-in-class ... Lead the underwriting and financial modeling for development projects, including complex waterfalls ...

Operations Associate

Edina, MN · On-site

$65K - $75K/yr

The Operations Associate plays a critical role in delivering a seamless client experience by ... Coordinate underwriting requirements, including medical and paramedical exams * Process non ...

The Operations Associate plays a critical role in delivering a seamless client experience by ... Coordinate underwriting requirements, including medical and paramedical exams * Process non ...

The Operations Associate plays a critical role in delivering a seamless client experience by ... Coordinate underwriting requirements, including medical and paramedical exams * Process non ...

Showing results 21-40

Associate Underwriter information

See Minnesota salary details

$31.8K

$77.3K

$136.6K

How much do associate underwriter jobs pay per year?

As of Aug 6, 2026, the average yearly pay for associate underwriter in Minnesota is $77,254.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,700.00 and $85,200.00 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, economics, or related fields, along with strong analytical skills. Entry-level positions may be accessible with internships or certifications like the Chartered Property Casualty Underwriter (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 supports senior underwriters by reviewing applications, analyzing risk data, and preparing reports. They often use underwriting software and may pursue certifications like the Chartered Property Casualty Underwriter (CPCU) to advance in the field.

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 Minnesota? The most popular types of Underwriter jobs in Minnesota are:
What job categories do people searching Associate Underwriter jobs in Minnesota look for? The top searched job categories for Associate Underwriter jobs in Minnesota are:
What cities in Minnesota are hiring for Associate Underwriter jobs? Cities in Minnesota with the most Associate Underwriter job openings:
Infographic showing various Associate Underwriter job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 25% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $77,254 per year, or $37.1 per hour.

Wealth Management Commercial Post Underwriter

US Bank

Minneapolis, MN • On-site

$27.50 - $36.68/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

52nd of 170 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

The Wealth Management Post Underwriter supports the Commercial Post Underwriting function within Wealth Management by managing the loan fulfillment process following underwriting approval. This role serves as a key partner to bankers, documentation preparation teams, and internal stakeholders to ensure approved loans progress efficiently through documentation, execution, and funding.

Responsibilities include reviewing approved loan packages and supporting documentation, entering and maintaining information within internal systems, coordinating with documentation preparation partners, and validating completed loan documents for accuracy and completeness. The Post Underwriter works closely with bankers throughout the document execution process, identifies and resolves documentation deficiencies, and helps ensure loans meet all requirements for funding readiness. This position plays a critical role in delivering a high-quality client and banker experience while supporting the Bank's risk management, operational, and compliance standards.


Required Qualifications:
-Associate's degree in business, finance, or related field, equivalent professional experience considered
-Two to three or more years of experience in loan documentation, loan operations or related banking functions
Preferred Qualifications:
-Comprehensive understanding of loan documentation requirements, including collateral, vesting, and ownership structures
-Demonstrated knowledge of applicable banking regulations, policies, and compliance standards
-Exceptional accuracy, attention to detail, and organizational skills
-Strong analytical and problem-solving skills, with the ability to exercise sound judgement in identifying and resolving discrepancies
-Proficiency in banking systems and Microsoft Office applications
-Effective written and verbal communication skills, with the ability to interact professionally across all levels of the organization
-Ability to manage multiple priorities and meet deadlines in a regulated, fast-paced environment

Location expectations:
This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $27.50 - $36.68

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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