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Insurance Underwriting Jobs in Portland, OR (NOW HIRING)

This role applies sound business and underwriting judgment to evaluate routine insurance risks, calculate rates, and release binding proposals for basic cases. The Rating Analyst partners with ...

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Insurance Underwriting information

See Portland, OR salary details

$39.9K

$43.9K

$47.5K

How much do insurance underwriting jobs pay per year?

As of Sep 8, 2026, the average yearly pay for insurance underwriting in Portland, OR is $43,940.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,400.00 and $45,500.00 per year, depending on experience, location, and employer.

What is an insurance underwriter?

Insurance underwriters are professionals who evaluate the risks of insuring people or assets and determine the terms and pricing of insurance policies. They analyze information provided by applicants, such as health records or property details, and use specialized software and guidelines to assess risk levels. Based on this assessment, underwriters decide whether to approve or reject applications, and set coverage amounts and premiums. Their work helps insurance companies maintain profitability while offering fair coverage to customers.

How does an insurance underwriter typically collaborate with agents and other departments during the policy approval process?

Insurance underwriters frequently work closely with insurance agents, sales teams, and risk assessment departments to evaluate applications and ensure policies meet company guidelines. This collaboration often involves clarifying applicant information, discussing unique or complex risks, and negotiating coverage terms to balance client needs with the insurer's risk tolerance. Effective communication is key, as underwriters must provide timely decisions and clear explanations to support both customer satisfaction and organizational objectives. Teamwork is essential, especially when dealing with high-value or unusual cases that require input from multiple experts.

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

To thrive as an Insurance Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of risk assessment, typically supported by a bachelor’s degree in finance, business, or a related field. Familiarity with underwriting software, risk evaluation tools, and sometimes industry certifications like CPCU (Chartered Property Casualty Underwriter) is common. Excellent decision-making, communication, and negotiation skills help underwriters collaborate with agents and clients and make sound judgments. These skills ensure accurate risk evaluation, profitable policy decisions, and strong client relationships in a highly regulated industry.

What is the difference between Insurance Underwriting vs Insurance Claims Adjuster?

AspectInsurance UnderwritingInsurance Claims Adjuster
Primary RoleAssess risk and determine policy eligibility and premiumsEvaluate insurance claims to determine coverage and settlement
Required CredentialsTypically requires a bachelor's degree; certifications like CPCU are commonHigh school diploma or bachelor's; certifications like AIC or CPCU beneficial
Work EnvironmentOffice-based, analyzing data and risk factorsField and office-based, inspecting damages and interviewing claimants
Industry UsageUsed across insurance companies for policy issuanceUsed for claims processing and settlement

Insurance Underwriting and Insurance Claims Adjuster roles are both vital in the insurance industry but focus on different stages. Underwriters assess risk before policy issuance, while claims adjusters evaluate claims after a loss occurs. Both roles require analytical skills and industry knowledge, but their daily tasks and responsibilities differ significantly.

How do you become an insurance underwriter?

To become an insurance underwriter, typically a bachelor's degree in finance, business, or a related field is required. Gaining experience in insurance or risk assessment and obtaining professional certifications, such as the Chartered Property Casualty Underwriter (CPCU), can improve job prospects. Strong analytical skills and knowledge of underwriting software are also important.

Is insurance underwriting a good career?

Insurance underwriting is a stable career that involves evaluating risks and determining policy terms, often requiring analytical skills and attention to detail. It offers opportunities for advancement, professional certification, and typically follows a standard work schedule, making it a viable option for those interested in finance and risk management.

Is insurance underwriting a low stress job?

Insurance underwriting is generally considered a moderate-stress job that involves evaluating risk and making decisions under deadlines. The level of stress can vary depending on workload, company culture, and experience, but it often requires attention to detail and analytical skills. Some underwriters find the work routine and clear guidelines to be manageable, while others may experience pressure during busy periods or complex cases.

What are the most commonly searched types of Insurance Underwriting jobs in Portland, OR?

The most popular types of Insurance Underwriting jobs in Portland, OR are:

What cities near Portland, OR are hiring for Insurance Underwriting jobs?

Cities near Portland, OR with the most Insurance Underwriting job openings:

Infographic showing various Insurance Underwriting job openings in Portland, OR as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $45,601 per year, or $21.9 per hour.

Underwriting Audit Supervisor

West Linn, OR • On-site, Remote

Philadelphia Insurance Companies
Insurance Services • 1 - 5K employees

$102K - $114K/yr

Full-time

Medical, Retirement, PTO

Posted 7 days ago


Key responsibilities

  • Oversee the company's underwriting audit program and ensure audits are performed according to standards and procedures.

  • Evaluate underwriting files for compliance with guidelines, regulatory requirements, and documentation standards, and identify operational and regulatory risks.

  • Analyze audit results to identify trends and develop reports and recommendations for leadership.


Philadelphia Insurance Companies rating

8.9

Company rating: 8.9 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

50th of 315 rated insurance


Job description

Marketing Statement:

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

Philadelphia Insurance Companies is expanding our Compliance team with Nationwide consideration for an Underwriting Audit Supervisor.

Summary:

The Underwriting Audit Supervisor is responsible for the oversight, administration, and continuous improvement of the Company's underwriting audit program. This position oversees audit staff and activities designed to evaluate adherence to underwriting guidelines, regulatory requirements, company policies, and operational standards. The role provides management with actionable insights regarding underwriting performance, risk exposure, documentation quality, and compliance trends while fostering a culture of accountability and continuous improvement throughout the underwriting organization. The position serves as a key liaison between Compliance, Underwriting, Training, Legal, and Executive Leadership.

A typical day will include the following:

Audit Leadership

  • Oversee the Company's underwriting audit program.
  • Assist in developing annual audit plans, priorities, and audit methodologies.
  • Ensure audits are performed in accordance with departmental standards and established procedures.
  • Manage workload distribution and quality control for audit personnel.
  • Monitor departmental productivity, audit completion rates, and reporting timelines.

Underwriting Compliance Oversight

  • Evaluate underwriting files for compliance with company underwriting guidelines, regulatory requirements, authority levels, and documentation standards.
  • Identify operational, regulatory, and underwriting risks through analysis of audit findings.
  • Ensure consistency in audit scoring, findings, recommendations, and reporting.
  • Maintain awareness of changing insurance regulations and underwriting practices impacting audit requirements.

Reporting and Analysis

  • Analyze audit results to identify trends, recurring issues, best practices, and opportunities for improvement.
  • Develop executive-level reports, dashboards, and performance metrics.
  • Present audit findings and recommendations to Underwriting Leadership, Compliance Leadership, and Executive Management.
  • Monitor corrective action implementation and measure effectiveness over time.

Corrective Action and Process Improvement

  • Partner with Underwriting Management to develop corrective action plans resulting from audit findings.
  • Track remediation efforts and verify completion of corrective actions.
  • Recommend process improvements, procedural enhancements, and operational efficiencies.
  • Lead special projects designed to improve underwriting quality and consistency.

Training and Development

  • Identify training opportunities based on audit results and compliance trends.
  • Collaborate with Training and Underwriting Management to develop educational materials and targeted learning initiatives.
  • Mentor and develop audit staff through coaching, performance feedback, and professional development planning.
  • Promote knowledge sharing and best practices throughout the organization

Staff Management

  • Train, develop, and retain underwriting audit personnel.
  • Establish departmental goals, objectives, and performance standards.
  • Conduct employee performance reviews and career development discussions.
  • Foster a collaborative and professional work environment focused on accountability and continuous improvement.

Qualifications:

Education

  • Bachelor's Degree in Business Administration, Insurance, Risk Management, Finance, Accounting, or related field required.

Experience

  • Minimum 7-10 years of commercial underwriting, underwriting compliance, quality assurance, auditing, or related insurance experience.
  • Minimum 3 years of leadership, supervisory, or management experience preferred.
  • Experience conducting underwriting file reviews and compliance assessments.
  • Experience presenting results to senior leadership and managing corrective action initiatives.

Professional Designations Preferred

  • CPCU / AU / AINS / ARM / Other relevant insurance or compliance-related designations
  • National Range: $102,200.00 - $114,200.00
  • Ultimate salary offered will be based on factors such as applicant experience and geographic location.
  • Ultimate salary offered will be based on factors such as applicant experience and geographic location.
  • We offer a hybrid work model that provides flexibility to work remotely while maintaining meaningful in-office collaboration with your team.
  • Remote consideration will be given to qualified candidates located outside of the primary geographic region.

#LI-MH1

EEO Statement:

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc.and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits:

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.
Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx


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