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Entry Level Small Business Underwriter Jobs (NOW HIRING)

Small Business Loan Underwriter 1 Business Unit: Retail Lending Reports To: Varies Based on Assignment Position Overview: This position description covers underwriting positions for Direct, Indirect ...

Collaborate with underwriting partners (e.g., Business Loan Center or BLC) to structure and execute ... or small business lending. Proven track record of generating deposit and loan growth within a ...

Underwriter

Manhattan, NY · On-site

$70K - $85K/yr

As a company, we believe that with the right tools and support, small business owners can achieve ... for entry-level applicants. * Strong analytical skills with the ability to interpret complex ...

Underwriter

Manhattan, NY · On-site

$70K - $85K/yr

As a company, we believe that with the right tools and support, small business owners can achieve ... for entry-level applicants. * Strong analytical skills with the ability to interpret complex ...

Showing results 21-40

Entry Level Small Business Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do entry level small business underwriter jobs pay per year?

As of Sep 12, 2026, the average yearly pay for entry level small business underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Small Business Underwriter vs Entry Level Commercial Underwriter?

AspectEntry Level Small Business UnderwriterEntry Level Commercial Underwriter
CredentialsTypically requires a bachelor’s degree in finance, business, or related fieldSimilar educational requirements, often with additional certifications preferred
Work EnvironmentOffice setting, analyzing small business loan applicationsOffice environment, evaluating commercial loan requests for various industries
Employer & Industry UsageUsed by banks, credit unions, and small business lendersCommon in banks, insurance companies, and commercial lenders
Comparison Search IntentOften compared for entry-level roles in small business financeCompared for broader commercial lending roles

Both roles involve assessing loan applications, but Entry Level Small Business Underwriters focus on small business loans, while Entry Level Commercial Underwriters handle larger, more complex commercial loans. The skills and educational background are similar, but the scope and industry focus differ.

Can you get a job as an entry level small business underwriter with no experience?

Entry level small business underwriters often do not require prior experience, as employers typically provide on-the-job training to develop necessary skills such as financial analysis and risk assessment. Having a relevant degree in finance, business, or a related field can improve chances, but some positions may accept candidates with strong analytical abilities and a willingness to learn.

How much do entry level small business underwriters make?

Entry-level small business underwriters typically earn between $45,000 and $60,000 annually, depending on location and employer. Starting salaries may include benefits such as health insurance and opportunities for professional development in underwriting skills and industry certifications.

What cities are hiring for Entry Level Small Business Underwriter jobs?

Cities with the most Entry Level Small Business Underwriter job openings:

What are the most commonly searched types of Small Business Underwriter jobs?

The most popular types of Small Business Underwriter jobs are:

What are popular job titles related to Entry Level Small Business Underwriter jobs?

For Entry Level Small Business Underwriter jobs, the most frequently searched job titles are:

Small Business Territory Manager - Hybrid

Scottsdale, AZ • On-site

Selective Insurance
Insurance Services • 1 - 5K employees

$118K - $152K/yr

Other

Medical, Retirement, PTO

Re-posted 12 days ago


Selective Insurance rating

8.7

Company rating: 8.7 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

About Us

At Selective, we don't just insure uniquely, we employ uniqueness.
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work in 2025 for the sixth consecutive year.
Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.


Overview

Manage the success and profitability of small business within the region and supervise the activities of the Small Business Underwriters responsible for small business production. Manage the AMS Assistants in the region, where applicable, to assure they are appropriately assisting all AMSs in the region. Provide continuous training, coaching, and feedback to the small business underwriters and AMS assistants. Create business partnerships with inside underwriting teams, AMSs and Small Business Corporate staff. Develops strong agency relationships and presence within the region through agency visits and regular contact with key agency staff. Works in conjunction with the Field Operations Manager to set small business regional financial goals and assist in development of agency, marketing and corporate strategies related to small business.


Responsibilities
  • Promotes the development and production of profitable business through the supervision, training, coaching, and monitoring of small business activities and goals.
  • Monitors adherence to company underwriting guidelines and provides feedback and guidance to Small Business Underwriters/Agents.
  • Works closely with the field operations manager and territory managers in setting and achieving small business budgeted regional financial goals.
  • Establishes procedures and controls to ensure accomplishment of service standards for the Small Business team..
  • Oversees activities, workflows, and productivity to ensure compliance with company, consumer and technical standards.
  • Promotes the use of technology with our agents to improve overall efficiency, productivity and service both internally and externally.
  • Works with regional management in preparing and participating in the AMS conference, producer council meetings and regional sales meetings to promote Small Business strategies
  • Monitors all small business communications to agents and follows up with Territory Managers and AMSs on the marketing effort and effectiveness of our communication.
  • Responsible for automobile travel to agent offices. Must be able to drive an automobile to travel within territory. Car travel represents approximately 20% of employee's time.

Qualifications

Knowledge and Requirements

  • Demonstrates superior leadership capability.
  • Excellent customer service, networking and relationship building skills.
  • Strong communication and presentation skills.
  • Ability to develop strong financial, underwriting, marketing, and sales acumen.
  • Ability to motivate, lead and develop Small Business Underwriters.
  • Must have valid state-issued driver's license in good standing and be able to drive an automobile.


Education and Experience

  • College degree with 6 years Underwriting, Agency Management, Marketing, or Field Underwriting experience.
  • The following experience is preferred; 3 years Supervisory, 1 year Loss Control, and 1 year Claims.

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.
The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.


Pay Range
USD $118,000.00 - USD $152,000.00 /Yr.
Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.
For Massachusetts Applicants
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.


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