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Commercial Underwriter Jobs in Raleigh, NC (NOW HIRING)

IFG Companies

Underwriting Trainee

Chapel Hill, NC · On-site

$65K - $75K/yr

POSITION SUMMARY The Underwriter Trainee ("Trainee") participates in the commercial underwriting trainee program of IFG Companies ("Companies"), building foundational skills in technical underwriting ...

Builders Mutual

Express Account Underwriter

Raleigh, NC · On-site

Our team, does their best work each day, creating a one-stop resource for all commercial insurance ... The EAU will be fully trained and proficient in underwriting and screening new business submissions ...

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Commercial Underwriter information

See Raleigh, NC salary details

$31.4K

$62.2K

$97.7K

How much do commercial underwriter jobs pay per year?

As of Sep 7, 2026, the average yearly pay for commercial underwriter in Raleigh, NC is $62,165.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,200.00 and $73,400.00 per year, depending on experience, location, and employer.

What does a commercial underwriter do?

A Commercial Underwriter evaluates and analyzes the risks involved in insuring businesses and organizations. They review applications, financial statements, and other relevant information to determine whether to provide insurance coverage and at what terms. Their main goal is to ensure the insurance company maintains profitability by only approving policies that meet their risk criteria. They often work closely with insurance brokers and agents to clarify policy terms and negotiate premiums. Commercial Underwriters also monitor market trends and adjust underwriting guidelines as needed.

What are the key skills and qualifications needed to thrive as a commercial underwriter, and why are they important?

To thrive as a Commercial Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of risk assessment, usually supported by a degree in finance, business, or a related field. Familiarity with underwriting software, risk modeling tools, and relevant industry certifications such as CPCU or AU are highly valuable. Excellent communication, negotiation, and decision-making skills help you collaborate with clients and internal teams effectively. These abilities are crucial for accurately evaluating risk, making sound underwriting decisions, and supporting the financial health of the organization.

What are some common challenges faced by commercial underwriters, and how can they be managed effectively?

Commercial Underwriters often encounter challenges such as assessing complex risks, managing tight deadlines, and balancing the needs of clients with company policies. To manage these effectively, underwriters rely on strong analytical skills, clear communication with brokers and clients, and ongoing collaboration with their team for second opinions or guidance on unusual cases. Staying updated on industry trends and regulatory changes also helps ensure sound decision-making and minimizes risk exposure for their organization.

What is the difference between Commercial Underwriter vs Business Loan Underwriter?

AspectCommercial UnderwriterBusiness Loan Underwriter
CredentialsTypically requires a bachelor's degree in finance, economics, or related field; certifications like CPCU or ARM are commonSimilar credentials; often holds finance or banking degrees and relevant certifications
Work EnvironmentWorks in insurance companies, assessing commercial insurance applicationsWorks in banks or lending institutions, evaluating business loan applications
Industry UsagePrimarily in insurance industryPrimarily in banking and financial services
Comparison Search IntentOften compared for risk assessment and underwriting processes in commercial financeCompared when evaluating business creditworthiness and loan approval processes

While both roles involve assessing financial risk, Commercial Underwriters focus on insurance policies for businesses, whereas Business Loan Underwriters evaluate the creditworthiness of businesses applying for loans. Both require similar credentials and work in related industries, but their primary responsibilities and environments differ.

How much do commercial underwriters make in the US?

Commercial underwriters in the US typically earn a median annual salary of around $70,000 to $80,000, with experienced professionals earning over $100,000. Salaries vary based on location, experience, and the size of the company, and the role often requires strong analytical skills and knowledge of insurance policies.

Is underwriting a stressful job?

Commercial underwriters assess risks and approve or deny insurance applications, which can involve high-pressure decision-making and meeting strict deadlines. The job can be stressful due to the responsibility of accurately evaluating complex information and managing workload fluctuations, but stress levels vary based on the employer and individual experience. Strong analytical skills and attention to detail help mitigate stress in this role.

What are the most commonly searched types of Commercial Underwriter jobs in Raleigh, NC?

The most popular types of Commercial Underwriter jobs in Raleigh, NC are:

What are popular job titles related to Commercial Underwriter jobs in Raleigh, NC?

For Commercial Underwriter jobs in Raleigh, NC, the most frequently searched job titles are:

What job categories do people searching Commercial Underwriter jobs in Raleigh, NC look for?

The top searched job categories for Commercial Underwriter jobs in Raleigh, NC are:

What cities near Raleigh, NC are hiring for Commercial Underwriter jobs?

Cities near Raleigh, NC with the most Commercial Underwriter job openings:

Commercial Underwriter jobs near you
Infographic showing various Commercial Underwriter job openings in Raleigh, NC as of August 2026, with employment types broken down into 89% Full Time, 9% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $62,165 per year, or $29.9 per hour.

Underwriting Trainee

IFG Companies

Chapel Hill, NC • On-site

$65K - $75K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago

Key responsibilities

  • Participate in structured on-the-job training, including completing curriculum modules, case studies, and assessments related to underwriting principles and coverage lines.

  • Coordinate with mentors to gain hands-on experience in account management, submission review, and risk assessment.

  • Support underwriters in developing insurance solutions for small and middle market clients and participate in coaching and mentor check-ins to track progress.

Job description

POSITION SUMMARY

The Underwriter Trainee ("Trainee") participates in the commercial underwriting trainee program of IFG Companies ("Companies"), building foundational skills in technical underwriting, sales and professional development while gaining direct exposure to wholesale insurance brokers across the U.S.  The Trainee follows a structured on-the-job program that combines formal curriculum with real-world application across key lines of coverage, including General Liability, Excess Liability and Inland Marine.  This opportunity is suited for recent graduates and early career professionals with an interest in commercial insurance underwriting and a commitment to professional development. 

POSITION RESPONSIBILITIES INCLUDING

  • Completing a structured underwriting curriculum covering GL, Excess and IM, including self-study modules, facilitated training sessions, case studies and real-world application exercises. 
  • Attending virtual and in-person training sessions and satisfactorily completing progressively challenging underwriting assignments, case studies and gated assessments throughout the program. 
  • Coordinating with Companies’ mentors for structured on-the-job exposure, gaining hands-on experience in account management, submission review and risk assessment.
  • Developing key knowledge benchmarks in underwriting principles, risk assessment, pricing and strategic relationship management with wholesale insurance brokers.
  • Supporting the Companies’ underwriters in developing insurance solutions for a wide range of small and middle market clients.
  • Participating in regular coaching and mentor check-ins to track progress, address knowledge gaps and prepare for transition into a full production underwriting role.
  • Performing other duties, as requested.

 KNOWLEDGE, SKILLS AND ABILITIES

  • Meticulous and disciplined attention to detail, with a commitment to accuracy in all underwriting work.
  • Strong academic performance and demonstrated intellectual curiosity.
  • Consistent work ethic and reliability in a fast-paced, deadline-driven environment.
  • Enthusiastic and passionate about the insurance industry, with a genuine interest in commercial underwriting. 
  • Strong interpersonal skills and an entrepreneurial mindset, with the ability to build rapport with brokers, mentors, and colleagues.
  • Effective verbal and written communication skills, with the ability to convey underwriting rationale clearly and professionally.
  • Strong analytical and problem-solving skills, with the ability to interpret data and apply sound judgment to underwriting decisions.
  • Humility and the ability to receive constructive feedback, adapting quickly to coaching and mentorship.
  • Ability to manage multiple assignments and competing deadlines, functioning with increasing independence as the program progresses.
  • Collaborative, team-oriented mindset, with the ability to work effectively across departments and with external broker partners.
  • Excellent computer skills (e.g. Excel, Word, SharePoint) and the ability and willingness to learn the Companies’ proprietary systems. 

EDUCATION, EXPERIENCE AND CERTIFICATIONS

  • Required: A bachelor's degree from an accredited U.S. college/university, with a major or coursework in insurance, risk management, economics, actuarial science, or related fields.
  • Required: Proficiency with Microsoft applications such as Outlook, Excel, PowerPoint, Word, Copilot and the ability to learn other business applications.
  • Required: Excellent written an verbal English communication skills. 
  • Preferred: Industry-related summer internship or work experience. 
  • Preferred: Demonstrated leadership, teamwork and a positive attitude toward learning through academic, extracurricular or work experiences. 

PHYSICAL DEMANDS

  • Position is hybrid and requires the ability and the willingness to work in an IFG Companies office at least three (3) days per week if residing within one-hour commuting distance.
  • Physical demands are considered those of a climate-controlled office environment with minimal physical exertion.
  • Position requires prolonged sitting, extensive utilization of computers and interactions with others in person and via phone.
  • Position requires the ability and the willingness to travel when required to meet business needs.

SALARY AND BENEFITS

The salary range for this position is $65,000 to $75,000. Additionally, the position may be eligible to earn incentive compensation.

IFG Companies offers competitive compensation and benefits, currently including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, paid parental leave, vacation and other paid time off.

WHY IFG COMPANIES

Founded in 1985, IFG Companies is one of the oldest privately held insurance groups in the United States. It combines a specialty-carrier focus with long-term stability and thinking, while promoting a culture of underwriting rigor, collaboration, strategic thinking, superior technology and strong producer partnerships.

EQUAL OPPORTUNITY

IFG Companies is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status or any other protected characteristic under applicable law.