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Associate Underwriter Jobs in Worcester, MA (NOW HIRING)

Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs. Our Commercial Lines Underwriter I is responsible for understanding ...

CVS Health Underwriting Analyst We're building a world of health around every individual -- shaping a more connected, convenient and compassionate health experience. At CVS Health ® , you'll be ...

Credit Analyst Associate

Dayville, CT · Hybrid

$55K - $80K/yr

Sound and secure credit analysis and underwriting combined with the promotion of good customer and ... This position requires an associate or bachelor's degree in Agriculture, Agri-Business, Economics ...

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Associate Underwriter information

See Worcester, MA salary details

$32.4K

$78.7K

$139.2K

How much do associate underwriter jobs pay per year?

As of Aug 31, 2026, the average yearly pay for associate underwriter in Worcester, MA is $78,707.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,900.00 and $86,800.00 per year, depending on experience, location, and employer.

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 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.

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 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 most commonly searched types of Underwriter jobs in Worcester, MA?

The most popular types of Underwriter jobs in Worcester, MA are:

What are popular job titles related to Associate Underwriter jobs in Worcester, MA?

For Associate Underwriter jobs in Worcester, MA, the most frequently searched job titles are:

What job categories do people searching Associate Underwriter jobs in Worcester, MA look for?

The top searched job categories for Associate Underwriter jobs in Worcester, MA are:

What cities near Worcester, MA are hiring for Associate Underwriter jobs?

Cities near Worcester, MA with the most Associate Underwriter job openings:

Infographic showing various Associate Underwriter job openings in Worcester, MA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 93% In-person, and 7% Hybrid job distribution, with an average salary of $78,707 per year, or $37.8 per hour.

Senior Mortgage Loan Underwriter

Wilbraham, MA • On-site, Remote

Monson Savings Bank
Commercial Banking • 51 - 200 employees

Full-time

Medical, Dental, Retirement, PTO

Posted 14 days ago


Job description

Are you an experienced mortgage underwriter who enjoys making sound lending decisions while delivering an exceptional customer experience? Do you thrive in a collaborative community banking environment where your knowledge, judgment, and ideas are valued?

Monson Savings Bank is seeking a Senior Mortgage Loan Underwriter to join our Residential Lending team. This is an exciting opportunity for a skilled, experienced underwriting professional to play a key role in our mortgage lending process and contribute to the success of a respected community bank.

Position Overview

The SR. Mortgage Loan Underwriter underwrites mortgage and consumer applications received by the Bank. Reviews and evaluates application information and makes approval/denial recommendations or decisions; approving loans within established lending limits and based on Bank and secondary market guidelines. May provide training and guidance to Jr. Mortgage Loan Underwriter. Hybrid remote work option available upon completion of training and Introductory period. Full remote work option not available.      

Key Responsibilities

  • Underwrite residential mortgage and consumer loan applications in accordance with Bank, FNMA, MassHousing, and regulatory guidelines
  • Make sound approval and denial decisions within established lending authority
  • Review appraisals, title work, mortgage insurance, and supporting documentation for accuracy and compliance
  • Support loan originators and processors by providing guidance that helps create a smooth borrower experience
  • Manage secondary market processing, including commitments, loan delivery, pricing, and remittances
  • Assist with staff training and serve as a resource and mentor for junior underwriter
  • Participate in audits, quality control reviews, and regulatory examinations
  • Help improve underwriting procedures and contribute innovative ideas that drive efficiency and  excellence

Qualifications

Associate’s degree in business or related field and minimum three years mortgage loan underwriting experience with conventional guidelines, Non-QM, Construction and Mass Housing loans; or equivalent combination of education and experience. FHA Direct Endorsement (DE) credential preferred but not required.

  • Customer service-oriented professional with strong knowledge of mortgage underwriting guidelines and lending regulations
  • Strong organizational skills with high level of accuracy and attention to detail
  • Ability to prioritize and manage time and multiple responsibilities while meeting established deadlines
  • Strong analytical and decision-making skills
  • Excellent verbal and written communication skills with demonstrated report writing skills
  • Interacts with others in an effective and professional manner, with a team approach to work responsibilities

Salary Range: $70,000 - $83,000

Join our growing and dynamic team! We are a successful community bank dedicated to our customers, associates and communities!

Benefits include paid time off, 401(k) with company match, suite of insurance benefits including medical, dental and more! This is a great opportunity to join a successful, local bank that has a rich history of investing in employees and local communities for more than 150 years!

Monson Savings Bank is an Equal Opportunity Employer to all protected groups, including protected veterans and individuals with disabilities.

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential position functions.