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Consumer Underwriter Jobs in Indiana (NOW HIRING)

Centra

Director Consumer Loan Underwriting

Columbus, IN · On-site

The Director Consumer Loan Underwriting will supervise the Consumer Loan Underwriting Team while providing quality, consistent and timely underwriting and decisioning of Consumer and Indirect loans ...

Interra Credit Union

Head of Consumer Lending

Goshen, IN · On-site

... underwriting, HELOC operations, consumer loan quality control, and related lending support functions. This position serves as the senior business owner for consumer lending product strategy, pricing ...

LHH US

Mortgage Lending Professional

Indianapolis, IN

$90K - $140K/yr

Consumer Underwriters * Loan Coordinators * Lending Specialists * Mortgage Compliance Professionals Responsibilities May Include * Reviewing loan applications and supporting documentation * Analyzing ...

LHH US

Mortgage Lending Professional

Indianapolis, IN

$90K - $140K/yr

Consumer Underwriters * Loan Coordinators * Lending Specialists * Mortgage Compliance Professionals Responsibilities May Include * Reviewing loan applications and supporting documentation * Analyzing ...

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All JobsConsumer Underwriter JobsConsumer Underwriter Jobs in Indiana

Consumer Underwriter information

See Indiana salary details

$16

$22

$33

How much do consumer underwriter jobs pay per hour?

As of Jul 30, 2026, the average hourly pay for consumer underwriter in Indiana is $22.92, according to ZipRecruiter salary data. Most workers in this role earn between $19.42 and $25.62 per hour, depending on experience, location, and employer.

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

To thrive as a Consumer Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of credit risk assessment, typically supported by a degree in finance, business, or a related field. Familiarity with underwriting software, credit scoring systems, and financial analysis tools is essential. Excellent communication, sound judgment, and decision-making abilities set standout professionals apart in this role. These skills are crucial for accurately evaluating loan applications, mitigating risk, and ensuring compliance with lending policies.

What is the difference between Consumer Underwriter vs Mortgage Underwriter?

AspectConsumer UnderwriterMortgage Underwriter
CredentialsTypically requires a bachelor's degree in finance, business, or related field; certifications like CU (Certified Underwriter) are commonSimilar credentials; often holds a bachelor's degree and certifications such as CU or mortgage-specific licenses
Work EnvironmentWorks in banks, credit unions, or financial institutions assessing consumer loan applicationsWorks in mortgage companies, banks, or lenders evaluating home loan applications
Industry UsageUsed across consumer lending sectors including personal loans, auto loans, credit cardsPrimarily used in real estate and home loan sectors

Both Consumer Underwriters and Mortgage Underwriters evaluate loan applications, but Consumer Underwriters focus on personal and auto loans, while Mortgage Underwriters specialize in home loans. They share similar credentials and work environments but serve different lending markets.

What are some common challenges faced by Consumer Underwriters and how can they be addressed?

Consumer Underwriters often face challenges such as balancing risk assessment with customer service, keeping up with changing regulations, and managing high volumes of applications. To address these, strong analytical skills, attention to detail, and continuous professional development are essential. Collaborating closely with loan officers and credit analysts helps ensure accurate decisions, while ongoing training helps maintain compliance and up-to-date knowledge of industry standards.

What does a Consumer Underwriter do?

A Consumer Underwriter reviews and evaluates loan applications from individuals seeking credit, such as personal loans, auto loans, or credit cards. Their main role is to assess an applicant’s financial situation, credit history, and ability to repay the loan, ensuring that the lender’s risk is minimized. They analyze documents like credit reports, income statements, and employment records. Consumer Underwriters also follow specific guidelines and policies to make fair lending decisions. Their work is crucial in helping financial institutions manage risk while supporting responsible borrowing.
What are popular job titles related to Consumer Underwriter jobs in IN? For Consumer Underwriter jobs in IN, the most frequently searched job titles are:
Consumer Underwriter jobs near you
Infographic showing various Consumer Underwriter job openings in Indiana as of July 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 73% In-person, 16% Hybrid, and 11% Remote job distribution, with an average salary of $47,682 per year, or $22.9 per hour.

Director Consumer Loan Underwriting

Centra

Columbus, IN

Full-time

Posted 16 days ago

Job description

Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a job; it is an opportunity to make a meaningful impact in our Members’ financial lives and our communities. Centra was established in 1940 and is headquartered in Columbus, Indiana. Centra is ranked among the largest credit unions in Indiana and among the most financially sound institutions in the United States. Centra serves Membership throughout central and southern Indiana as well as other areas like Jamestown, NY, and Whitakers, NC. Centra Team Members enjoy excellent benefits, an atmosphere that fosters family and work-life integration, a heritage of strong values, a high level of Team Member engagement in the achievement of results, and the opportunity for growth with the Centra Family. Credit Unions are Not for Profit, Not for Charity, But for Service. If these are the things that matter to you then please read on, we look forward to hearing from you.  Centra Credit Union has an exciting opportunity for a Director Consumer Loan Underwriting position in Columbus, Indiana. The Director Consumer Loan Underwriting will supervise the Consumer Loan Underwriting Team while providing quality, consistent and timely underwriting and decisioning of Consumer and Indirect loans in compliance with Centra’s policies and procedures and credit union regulations. Maintain proactive communication and collaboration with Retail Lending, Dealer Partners, and other Lines of Business. Develop and recommend strategic direction for the consumer loan underwriting department, focusing on optimizing underwriting processes for credit quality, efficiency, and profitability. Reviews and recommends automated underwriting decision criteria and policies to help achieve budgeted loan growth and compliance with all loan regulations. Collaborates with external partners and vendors to identify strategic opportunities and solutions that drive strategic growth and operational excellence. At Centra, we approach compensation with care and integrity, ensuring our pay practices reflect local markets while honoring our commitment to our Team Members. Compensation is just one part of our total rewards approach. Eligible positions also offer a comprehensive benefits package designed to support you and your family. 

Spanish/English interpreters may be eligible for an interpreting differential. 

Essential Functions: This position may be required to perform additional duties as requested. Reasonable accommodations may be made to enable individuals with disabilities to perform.
  • Manages and supervises the Consumer Underwriting Team while providing timely, quality, and consistent underwriting and decisioning of Consumer and Indirect loans.
  • Assist in maintaining credit quality targets through proper underwriting controls adhering to lending policies and procedure while maintaining the credit union’s Board-approved Credit Risk Appetite.
  • Reviews automated decision criteria and policies to achieve budget loan growth goals and operational efficiency, all while maintaining compliance with all lending regulations and recommends revisions to said attributes when necessary.
  • Strategically manage, execute, and monitor all preapproved offers of credit, looking for ways to enhance the current preapproval environment while scanning the environment for enhanced alternative vendor solutions.
  • Develop and recommend strategic directions for the consumer loan underwriting department, focusing on optimizing our underwriting processes for credit quality, efficiency, and profitability.
  • Responsible for developing and delivering comprehensive portfolio reports that track and analyze performance metrics for Consumer and Indirect Lending, informing management and for use in developing and executing strategic decisions.
  • Manage Indirect Dealer Relations, Indirect reporting & Indirect portfolio concentration. Reporting to leadership on any indirect trend, challenges or changes.
  • Develops and updates all procedures regarding underwriting functions, guidelines, and applicable workflows. Performs on-going reviews, ensuring they meet the needs of the credit union and complies with State and Federal regulations and guidelines.
  • Collaborates and communicates effectively with other lines of business, leadership, and the Retail team. Identifying tactics to better streamline the Consumer Lending process and to improve Member and Team Member Experience.
  • Supervises the day-to-day operations of Consumer Underwriting. Supervisory duties include performance management, training, and development, and demonstrating and cultivating Centra’s Vision, Mission, Culture, and Core Values.  
EDUCATION & EXPERIENCE - (EQUIVALENT COMBINATION OF EDUCATION & EXPERIENCE WILL BE CONSIDERED): 

  • Associate's Degree in Related Field

  • Five years to eight years of similar or related experience, including preparatory experience.

Centra is an Equal Opportunity Employer

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