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Entry Level Underwriting Analyst Jobs (NOW HIRING)

We are a commercial property & casualty insurance company looking to fill entry-level underwriting ... What is underwriting? Insurance underwriters use analytical skills to review information from an ...

... entry level underwriting position within the Underwriting Center. The endorsement underwriter ... Gather/analyze change requests, general service inquiries and endorsement requests emanating from ...

Underwriter

Forest, VA ยท On-site

$49K - $73K/yr

... entry-level Underwriting professional to join our team. The position requires the person to ... Analyze loss experience, financial conditions and physical characteristics of risks. * Acquire a ...

Underwriter

Forest, VA ยท On-site

$49K - $73K/yr

... entry-level Underwriting professional to join our team. The position requires the person to ... Analyze loss experience, financial conditions and physical characteristics of risks. * Acquire a ...

SUMMARY Credit Analyst II (CAII) position provides analytical support in underwriting/analyzing ... * Entry-level understanding of general bank operations and the commercial lending process

SUMMARY Credit Analyst II (CAII) position provides analytical support in underwriting/analyzing ... * Entry-level understanding of general bank operations and the commercial lending process

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Entry Level Underwriting Analyst information

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$36K

$67.6K

$112.5K

How much do entry level underwriting analyst jobs pay per year?

As of Aug 12, 2026, the average yearly pay for entry level underwriting analyst in the United States is $67,577.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,500.00 and $75,000.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by entry level underwriting analysts, and how can they be addressed?

Entry level underwriting analysts often face challenges such as learning to interpret complex financial data, understanding diverse risk factors, and adapting to varying underwriting guidelines. These challenges can be addressed through on-the-job training, mentorship from experienced colleagues, and utilizing internal resources like reference materials and knowledge bases. Regular communication with team members and asking questions when uncertain are also key to building confidence and expertise in the role.

What is the difference between Entry Level Underwriting Analyst vs Underwriting Assistant?

AspectEntry Level Underwriting AnalystUnderwriting Assistant
Required CredentialsBachelor's degree in finance, business, or related field; some certifications preferredHigh school diploma or equivalent; on-the-job training
Work EnvironmentOffice setting, analyzing data, assessing riskOffice setting, administrative support, data entry
Employer & Industry UsageInsurance companies, financial institutionsInsurance agencies, brokerage firms
Common Search & ComparisonAnalyzing risk, evaluating policiesSupporting underwriting processes, document management

The Entry Level Underwriting Analyst typically performs risk assessment and policy evaluation, requiring a relevant degree and analytical skills. In contrast, the Underwriting Assistant provides administrative support, focusing on document handling and assisting underwriters. Both roles are essential in the insurance industry but differ mainly in responsibilities and required qualifications.

What does an entry level underwriting analyst do?

An Entry Level Underwriting Analyst assists in evaluating and analyzing risks for insurance policies, loans, or financial products. They review applications, gather financial and personal data, and help determine whether to approve or deny coverage or loans based on company guidelines. This role typically involves working closely with senior underwriters, learning industry standards, and using specialized software for risk assessment. Over time, entry-level analysts gain experience and may take on greater responsibilities in the underwriting process.

What are the key skills and qualifications needed to thrive as an entry level underwriting analyst, and why are they important?

To thrive as an Entry Level Underwriting Analyst, you need strong analytical skills, attention to detail, and a bachelor's degree in finance, economics, business, or a related field. Familiarity with underwriting software, Microsoft Excel, and sometimes introductory insurance or financial certifications is often required. Effective communication, time management, and problem-solving abilities help you interpret data and collaborate with teams. These skills are essential for accurately assessing risk, supporting sound decision-making, and ensuring the profitability of underwriting operations.
More about Entry Level Underwriting Analyst jobs
What cities are hiring for Entry Level Underwriting Analyst jobs? Cities with the most Entry Level Underwriting Analyst job openings:
What are the most commonly searched types of Underwriting Analyst jobs? The most popular types of Underwriting Analyst jobs are:
What job categories do people searching Entry Level Underwriting Analyst jobs look for? The top searched job categories for Entry Level Underwriting Analyst jobs are:
Infographic showing various Entry Level Underwriting Analyst job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 86% Full Time, 6% Part Time, and 7% Contract. Highlights an 81% Physical, 9% Hybrid, and 10% Remote job distribution, with an average salary of $67,577 per year, or $32.5 per hour.

Business Analyst I, Underwriting

AmTrust Financial Services, Inc.

Cleveland, OH โ€ข On-site

$49K - $73K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 3 days ago


Job description

Job Summary

The Business Analyst I โ€“ Underwriting supports underwriting operations by analyzing business processes, gathering requirements, and assisting in the development and implementation of solutions that improve efficiency, accuracy, and profitability. This entry-level role works closely with underwriting teams, IT, and other stakeholders to translate business needs into actionable insights and system enhancements.


Key Responsibilities
  • Collaborate with underwriting teams to understand workflows, business needs, and system requirements.
  • Gather, document, and analyze business requirements for underwriting systems, tools, and processes.
  • Assist in identifying opportunities to improve operational efficiency, automation, and data quality.
  • Support the development, testing, and implementation of underwriting system enhancements and projects.
  • Create and maintain process flows, business requirement documents (BRDs), and functional specifications.
  • Analyze underwriting data to identify trends, issues, and improvement opportunities.
  • Participate in user acceptance testing (UAT) and ensure solutions meet business requirements.
  • Serve as a liaison between business stakeholders and IT teams.
  • Assist in troubleshooting system issues and providing user support.
  • Ensure compliance with regulatory, company, and underwriting guidelines.

Qualifications
  • Bachelorโ€™s degree in Business Administration, Finance, Economics, Information Systems, related field or equivalent business experience. 
  • 0โ€“2 years of experience in business analysis, underwriting support, insurance, or related field.
  • Basic understanding of insurance underwriting processes and risk assessment (preferred).
  • Strong analytical and problem-solving skills.
  • Excellent communication and documentation skills.
  • Ability to work collaboratively in a team environment.
  • Experience with Microsoft Office (Excel, Word, PowerPoint); familiarity with data tools is a plus.
  • Preferred Skills
    • Knowledge of insurance systems and policy administration platforms.
    • Exposure to SQL, data analysis tools, or reporting platforms (e.g., Power BI, Tableau).
    • Familiarity with Agile or Waterfall project methodologies.

    The expected salary range for this role is (USD $49,000.00 - USD $73,000.00 Yr. )

    Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.

    #LI-MM1

    #LI-ONSITE

    #AmTrust


AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.