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Fraud Underwriter Jobs (NOW HIRING)

$85 - $110/hr

Transaction Underwriting & Credit Analysis * Conduct in-depth analysis of client and account debtor ... Identify potential risks, including credit, operational, legal, and fraud-related risks, and ...

New

Identify potential risk, fraud, or documentation concerns and escalate appropriately. * Collaborate ... Demonstrated full-file underwriting ownership across credit, income, assets, collateral, conditions ...

$74 - $102/hr

Proficient at running, reading and interpreting fraud results in order to clear the conditions or alert the underwriter of the issues.* Complete all required inputs to Encompass and ACTion as well as ...

Bilingual Underwriter

Great Neck, NY · On-site

$75K - $82K/yr

Wholesure, division of Acrisure, is looking for an Underwriter. This role will work directly with ... Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice. Welcome ...

Wholesure, division of Acrisure, is looking for an Underwriter. This role will work directly with ... Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice. Welcome ...

Wholesure, division of Acrisure, is looking for an Underwriter. This role will work directly with ... Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice. Welcome ...

Underwriter

El Monte, CA · On-site

$20/hr

The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The ... fraud or misrepresentation. * Review appraisals to ensure that loans meet secondary market ...

Underwriter

El Monte, CA · On-site

$42/hr

The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The ... fraud or misrepresentation. * Review appraisals to ensure that loans meet secondary market ...

Underwriter

Arlington, MA · On-site

$65K - $98K/yr

The Underwriter will demonstrate knowledge of the mortgage industry and assist with planning and ... fraud) * Assisting in identifying, recommending and/or negotiating alternative loan requirements ...

Senior Underwriter

Encino, CA

$103K - $122K/yr

... fraud and merchant risk; and communicate results to partner clients - all while actively advocating and monitoring compliance. Key Responsibilities Credit Risk Assessment * Conduct detailed credit ...

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Fraud Underwriter information

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$32.5K

$78.9K

$139.5K

How much do fraud underwriter jobs pay per year?

As of Sep 6, 2026, the average yearly pay for fraud 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 does a fraud underwriter do?

A Fraud Underwriter is responsible for reviewing financial transactions, loan applications, or insurance claims to identify and prevent fraudulent activity. They analyze documentation, verify customer information, and use specialized tools to detect signs of fraud. Their work helps protect organizations from financial losses and ensures compliance with regulatory standards. Fraud Underwriters often collaborate with other departments, such as compliance and legal teams, to investigate suspicious cases and recommend appropriate actions.

What are some typical challenges a fraud underwriter faces when assessing high-risk applications?

Fraud Underwriters often encounter the challenge of quickly identifying sophisticated fraudulent schemes while balancing the need to provide a positive customer experience. They must stay updated on emerging fraud patterns and use both analytical tools and intuition to flag suspicious activities. Collaborating with cross-functional teams such as compliance, operations, and customer service is essential to ensure thorough investigations and minimize financial losses. The fast-paced environment requires strong attention to detail and adaptability as fraud tactics continuously evolve.

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

To thrive as a Fraud Underwriter, you need strong analytical skills, attention to detail, and a background in finance or risk management, often supported by a relevant degree or experience in banking. Familiarity with fraud detection software, credit analysis tools, and case management systems is typically required. Excellent problem-solving abilities, critical thinking, and effective communication set top performers apart in this field. These skills are vital for accurately identifying suspicious activity, mitigating financial losses, and maintaining trust in financial institutions.

What is the difference between Fraud Underwriter vs Claims Adjuster?

AspectFraud UnderwriterClaims Adjuster
Primary RoleDetects and evaluates potential insurance fraud risks during policy underwritingInvestigates and settles insurance claims, assessing damages and liability
Required CredentialsInsurance licenses, underwriting certifications, analytical skillsInsurance licenses, claims handling certifications, investigative skills
Work EnvironmentOffice-based, analytical, risk assessment focusField and office-based, investigative and customer service focus
Industry UsageInsurance companies, underwriting firmsInsurance companies, claims departments

While both roles operate within the insurance industry and require analytical skills, Fraud Underwriters focus on identifying potential fraud risks during policy issuance, whereas Claims Adjusters handle the investigation and settlement of claims after a loss occurs. Understanding these differences helps in choosing the right career path or job search focus.

More about Fraud Underwriter jobs

What are the most commonly searched types of Fraud Underwriter jobs?

The most popular types of Fraud Underwriter jobs are:

Infographic showing various Fraud Underwriter job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 18% Part Time, and 1% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

$85 - $110/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

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Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Mount Pleasant, SC, US

Location: Charleston, SC

About the Role

We are seeking an experienced Underwriter specializing inFactoring to join our growing team. This role is critical in evaluating, structuring, and approving credit facilities for small to mid-sized businesses. The ideal candidate will bring deep a knowledge of Factoring/Commercial Finance with the ability to balance credit risk with business growth objectives.

Key Responsibilities
  • Transaction Underwriting & Credit Analysis
    • Conduct in-depth analysis of client and account debtor financials, cash flow trends, debt levels, and liquidity.
    • Champion the underwriting process for credit facilities, from initial assessment through final approval
    • Evaluate collateral quality, with an emphasis on accounts receivable verification, debtor concentrations, and invoice aging reports.
  • Identify potential risks, including credit, operational, legal, and fraud-related risks, and recommend appropriate mitigants.
  • Structure facilities in alignment with company credit policies, capital requirements, and regulatory guidelines.
  • Recommend advance rates, reserves, and concentration limits based on client profile and collateral quality.
  • Credit Memo Preparation & Presentation
    • Prepare comprehensive credit memoranda that clearly outline client strengths, weaknesses, and risk factors.
    • Present and defend underwriting recommendations to the Credit Committee, senior management, and executive leadership.
  • Cross-Functional Collaboration
    • Work with sales teams to structure competitive yet risk-appropriate proposals.
    • Work closely with legal counsel and senior management to ensure loan documents, factoring agreements, and collateral filings are accurate and enforceable.
    • Support operations and account management teams during onboarding to ensure smooth client transitions.
  • Provide ongoing oversight of approved facilities, monitoring credit performance against projections and covenants.
  • Analyze trends in client AR quality, debtor payment performance, and borrowing base compliance.
  • Recommend facility modifications, risk rating changes, or exit strategies as needed.
  • Market & Industry Insight
    • Stay informed on economic conditions, industry trends, and competitive practices impacting factoring.
    • Leverage industry knowledge to anticipate risks and identify new underwriting opportunities.
Qualifications
  • Bachelor’s degree in accounting, business, or related field
  • 3+ years of underwriting experience in factoring/commercial finance
  • Strong analytical and financial modeling skills.
  • In-depth knowledge of UCC filings, lien searches, and collateral documentation.
  • Proven ability to assess risk and structure transactions within policy and compliance frameworks.
  • Excellent communication skills, both written and verbal, with the ability to present findings to executives and committees.
  • Detail-oriented, organized, and able to handle multiple transactions simultaneously.
  • Understanding of the underwriting process by asset class.
What We Offer
  • Competitive compensation and performance-based incentives
  • Comprehensive benefits package (medical, dental, vision, 401k and matching, life, short-term disability, paid time off)
  • A collaborative and growth-oriented company culture
  • Profit sharing per company handbook guidelines
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