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Insurance Underwriter Jobs in Sandy, UT (NOW HIRING)

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Insurance Underwriter information

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$26.6K

$59.2K

$99.8K

How much do insurance underwriter jobs pay per year?

As of Aug 14, 2026, the average yearly pay for insurance underwriter in Sandy, UT is $59,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,800.00 and $79,300.00 per year, depending on experience, location, and employer.

What does an insurance underwriter do?

An insurance underwriter evaluates applications for insurance coverage and determines the level of risk involved in insuring a person or asset. They review information such as application forms, medical records, and financial documents to decide whether to offer insurance and at what premium rate. Underwriters play a crucial role in helping insurance companies set appropriate coverage terms and minimize potential losses. Their work ensures that the company remains profitable while providing fair and accurate coverage to clients.

What are some common challenges insurance underwriters face in balancing risk and customer satisfaction?

Insurance underwriters often face the challenge of assessing risks accurately while maintaining competitive offerings that satisfy clients. Striking the right balance can be difficult, as being too cautious may result in lost business, while being overly lenient can lead to unprofitable claims. Underwriters must stay current with industry trends, regulations, and risk assessment tools, and they frequently collaborate with agents and actuaries to ensure sound decisions. Effective communication and analytical skills are essential to navigate these competing demands and to help build long-term client relationships.

What are the key skills and qualifications needed to thrive as an insurance underwriter?

To thrive as an Insurance Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of finance and risk assessment, often supported by a bachelor's degree in business, finance, or related fields. Familiarity with underwriting software, risk management systems, and relevant certifications like Chartered Property Casualty Underwriter (CPCU) is typically required. Excellent communication, decision-making, and negotiation skills help underwriters explain policies and collaborate effectively with agents and clients. These skills are vital for accurately assessing risk, ensuring profitability, and maintaining strong client relationships in the insurance industry.

What is an insurance underwriter?

Insurance underwriters evaluate insurance policy applications, assess the risk, and make recommendations for coverage and premium pricing to insurance issuers. As an insurance underwriter, you use computer software and specific criteria to assess risk and establish pricing and research other factors such as market trends and equity values to provide data to support your recommendations. You determine if the policy will likely be a good financial investment for the insurance provider.

What qualifications do I need for insurance underwriting?

Insurance underwriters typically need a bachelor's degree in fields such as finance, economics, or business. Relevant skills include strong analytical abilities, attention to detail, and knowledge of insurance policies and risk assessment. Professional certifications like the Chartered Property Casualty Underwriter (CPCU) can enhance job prospects.

What is the difference between Insurance Underwriter vs Claims Adjuster?

AspectInsurance UnderwriterClaims Adjuster
Primary RoleAssess risk and determine policy termsEvaluate insurance claims and determine payouts
Required CredentialsTypically requires a bachelor's degree; certifications like CPCU are commonOften requires a bachelor's degree; certifications like AIC or CPCU are beneficial
Work EnvironmentOffice-based, analyzing data and risk factorsField and office-based, investigating claims and interviewing claimants
Industry UsageUsed across insurance companies for policy issuanceUsed for claims processing and settlement

Both roles are integral to the insurance industry, with underwriters focusing on risk assessment before policy issuance, and claims adjusters handling claims after a loss occurs. While their work environments and responsibilities differ, they often require similar credentials and certifications, making them closely related career paths within insurance companies.

What are the most commonly searched types of Insurance Underwriter jobs in Sandy, UT?

The most popular types of Insurance Underwriter jobs in Sandy, UT are:

What are popular job titles related to Insurance Underwriter jobs in Sandy, UT?

For Insurance Underwriter jobs in Sandy, UT, the most frequently searched job titles are:

What cities near Sandy, UT are hiring for Insurance Underwriter jobs?

Cities near Sandy, UT with the most Insurance Underwriter job openings:

Infographic showing various Insurance Underwriter job openings in Sandy, UT as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 23% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $58,588 per year, or $28.2 per hour.

Commercial/Business Banking Underwriter - Remote

Zionsbank Corp

Midvale, UT • Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago


Job description

Did you know that Zions Bancorporation is one of the nation's premier financial services companies with total assets exceeding $70 billion? With local management teams at the helm in 11 western states, Zions is dedicated to making a difference in their local communities. At Zions, we haven't forgotten who keeps us in business, meaning we're committed to the success of our customers, and our employees. Here, the possibilities are endless - come for a job, stay for a career.  This is a remote position.

The ideal candidate for the Commercial Small Business Banking Underwriter position will have the skills and experience necessary to:

             Responsible for compilation of data as it relates to preparation of credit packages (or pre-screens) incorporating spreads, cash flow, value of related collateral, appraisals, audits and other data.

             Interpret outcome of analysis and prepares summary, recommendations and may make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted.

             Evaluate, analyze and form opinions for the approving or denying of commercial, commercial RE, and/or business banking loan applications.

             Spread financial statements, identify credit strengths and weaknesses, provide detailed and documented analysis of credit worthiness.

             Ensure credit requests are processed in accordance with bank policies, banking regulations and laws.

             Identify risk and mitigating factors related to conducting a thorough credit analysis for approval.

             Respond to internal and external customer inquiries.

             Recommend exceptions based on findings.

             May work closely with Relationship Manager on the more complex aspects of loan structuring, including long term, fixed vs. variable rates, pre-payment penalty and other variables.

             May have authority to approve loans beyond the organizations guidelines.

             Senior most level may function as a lead and be responsible for second level approvals.

             Other duties as assigned.

Qualifications:

             Requires a Bachelor's in Finance, Business, Accounting or a related field and 1 year commercial, commercial real estate credit or small business underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience.

             A combination of education and experience may meet qualifications.

             Basic knowledge of commercial, commercial RE and/or small business credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.

             Basic knowledge of C&I and CRE loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval. Knowledge of balance sheets, income and cash flow statements.

             Good understanding of commercial and/or small business lending policies and procedures and general banking laws and regulations.

             Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information.

             Possess good judgment, ability to make sound decisions.

             Ability to accept responsibility and handle confidential information.

             Must have good customer relations and communication skills.

             Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.

             Working knowledge of a various related software applications, including spreadsheets, word processing, etc.

Benefits:

 

             Medical, Dental and Vision Insurance - START DAY ONE!

             Life and Disability Insurance, Paid Parental Leave and Adoption Assistance

             Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts

             Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays

             401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

             Mental health benefits including coaching and therapy sessions

             Tuition Reimbursement for qualifying employees

             Employee Ambassador preferred banking products

             Employees may, at the company's discretion, be eligible to receive a cash bonus award