ZipRecruiter

Log In

1

Junior Commercial Underwriter Jobs (NOW HIRING)

Cypress HCM

Commercial Underwriter IV

Carmel, IN · Hybrid

Commercial Underwriter IV Locatio n: Indianapolis, IN 46240 (Hybrid - Office Tues, Wed,Thurs.....WF ... Manage loan pipeline, mentor junior underwriters, and assist with team coordination as needed.

Liberty Bank

Commercial Underwriter Sr

Middletown, CT · On-site

... guidance to junior staff and Relationship Managers. * Review and approve major payment and ... commercial underwriting experience * Extensive experience underwriting large, high risk, or ...

lbank

Commercial Underwriter Sr

Springfield, MA

... guidance to junior staff and Relationship Managers. * Review and approve major payment and ... commercial underwriting experience * Extensive experience underwriting large, high risk, or ...

company36

Junior Commercial Lender/Banker

Billings, MT · On-site

$58K - $88K/yr

This position is responsible for originating, underwriting, servicing, and processing commercial ... The Junior Commercial Lender/Commercial Analyst and Lender will actively develop and manage small ...

next page

Showing results 1-20

All JobsFinance and Insurance JobsInsurance JobsInsurance Underwriter JobsJunior Commercial Underwriter Jobs

Junior Commercial Underwriter information

See salary details

$8

$22

$33

How much do junior commercial underwriter jobs pay per hour?

As of Aug 28, 2026, the average hourly pay for junior commercial underwriter in the United States is $22.27, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $27.40 per hour, depending on experience, location, and employer.

What does a junior commercial underwriter do?

A Junior Commercial Underwriter assists in evaluating and analyzing the risks involved in insuring businesses and commercial properties. Their responsibilities include reviewing insurance applications, assessing financial documents, and helping determine appropriate coverage terms and premiums. They work closely with senior underwriters and agents to ensure that underwriting guidelines are followed and that both company and client needs are met. This entry-level role typically involves learning industry regulations, developing analytical skills, and gaining experience in commercial insurance products.

What are the key skills and qualifications needed to thrive as a junior commercial underwriter?

To thrive as a Junior Commercial Underwriter, you need a solid understanding of risk assessment, financial analysis, and insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, CRM systems, and relevant certifications such as CPCU or AU are typical assets. Strong analytical thinking, attention to detail, and effective communication make someone stand out in this position. These skills and qualities are crucial for accurately evaluating risks, making sound decisions, and building relationships with clients and colleagues.

What are some common challenges faced by junior commercial underwriters during their first year on the job?

Junior commercial underwriters often encounter challenges such as grasping the complexities of risk assessment, learning to interpret financial statements, and understanding various insurance products. They may also find it demanding to balance thorough analysis with timely decision-making, as the role often involves managing multiple cases under tight deadlines. Collaborating with senior underwriters, brokers, and clients is key to overcoming these hurdles and developing strong underwriting judgment. Ongoing training and mentorship are typically provided to help junior underwriters build confidence and expertise in these areas.

What is the difference between Junior Commercial Underwriter vs Commercial Underwriter?

AspectJunior Commercial UnderwriterCommercial Underwriter
QualificationsTypically requires a bachelor's degree in finance, business, or related field; some certifications like CPCU or CIC are a plusOften requires similar qualifications; more experience may be preferred
Work EnvironmentEntry-level role in insurance companies or brokers, working under supervisionMore autonomous, handling complex cases and larger portfolios
ResponsibilitiesAssisting in evaluating risks, preparing quotes, and learning underwriting processesMaking final risk assessments, approving policies, and managing client relationships

The main difference between a Junior Commercial Underwriter and a Commercial Underwriter lies in experience and responsibility level. Junior roles focus on learning and supporting underwriting tasks, while Commercial Underwriters handle more complex decisions independently. Both roles require similar educational backgrounds and certifications, but the level of autonomy and decision-making authority increases with experience.

Can I become a junior commercial underwriter with no experience?

Junior commercial underwriters typically require some knowledge of insurance principles and basic analytical skills, but many entry-level positions are open to candidates with little or no prior experience if they demonstrate strong communication and a willingness to learn. Employers often provide on-the-job training and may value relevant education or certifications in risk management or insurance. Building familiarity with underwriting software and industry terminology can improve chances of securing such roles.

Is it hard to get a job in junior commercial underwriting?

Securing a junior commercial underwriting position typically requires a relevant degree, such as in finance or business, and strong analytical skills. Entry-level roles may be competitive, but internships and certifications like CPCU can improve chances; understanding insurance policies and risk assessment is also important.
More about Junior Commercial Underwriter jobs

What cities are hiring for Junior Commercial Underwriter jobs?

Cities with the most Junior Commercial Underwriter job openings:

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

The most popular types of Commercial Underwriter jobs are:

What states have the most Junior Commercial Underwriter jobs?

States with the most job openings for Junior Commercial Underwriter jobs include:

What job categories do people searching Junior Commercial Underwriter jobs look for?

The top searched job categories for Junior Commercial Underwriter jobs are:

Junior Commercial Underwriter jobs near you
Infographic showing various Junior Commercial Underwriter job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $46,316 per year, or $22.3 per hour.

Commercial Underwriter IV

Cypress HCM

Carmel, IN • Hybrid

Full-time

Re-posted 28 days ago

Job description

Commercial Underwriter IV
 
Location: Indianapolis, IN 46240 (Hybrid – Office Tues, Wed,Thurs…..WFH Mon, Fri)
Pay: $115,000-140,000 (Compensation can vary depending on experience) ND Bonus up to 10% 
 
General Overview
The Commercial Loan Underwriter is responsible for conducting thorough financial analyses, risk evaluations, and due diligence to assess and recommend commercial loan approvals within the lines of business. This position works closely with the Executive Director, Director of Underwriting, and the Loan Committee to structure, underwrite, and manage complex and high-value credit relationships.
 
Responsibilities
  • Financial Analysis & Credit Assessment: Evaluate commercial loan applications, analyze credit data, and determine applicants' creditworthiness, ensuring compliance with Bank Lending Policy. Formulate structured recommendations for complex loans ($2.5MM - $20MM) that may require approval from the Senior Credit Committee.
  • Credit Memo Preparation: Develop and present credit memorandums for new and renewal requests on large and intricate credit lines.
  • Loan Approval Authority: Utilize individual lending authority to approve or deny credit requests, managing high-level loan decisions within the underwriting team.
  • Due Diligence Coordination: Lead on-site due diligence visits to borrower locations, collaborating with external partners such as accounting and valuation firms when necessary.
  • Loan Portfolio Management: Partner with the Servicing team to monitor loan portfolios, ensure adherence to financial covenants, conduct risk rating assessments, and review collateral performance.
  • Legal Documentation: Oversee and negotiate loan closing documentation, ensuring all pre-funding conditions are satisfied.
  • Industry Training: Build expertise in the financing domains and deliver training both internally and externally.
  • Team Support: Manage loan pipeline, mentor junior underwriters, and assist with team coordination as needed.
  • Special Projects: Support various special projects as directed.
 
Requirements
  • Experience: 7–10 years of experience in commercial lending and/or credit underwriting, with a focus on commercial relationships of $5MM or greater.
  • Education: Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or related fields; a Master’s in Business is preferred but not required.
  • Skills:
    • Strong mathematical and financial analysis capabilities
    • Proficient in advanced accounting principles
    • Excellent interpersonal and communication skills
    • Expertise in financial software, including BRIDGE and Microsoft Office
    • Certifications (Preferred): Certified banking credit analyst or equivalent training.
  • May supervise and train junior underwriters, providing guidance and mentorship. 
Cypress HCM logo

About Cypress HCM

Sourced by ZipRecruiter

We deliver consistently superior recruiting by virtue of trusting, communicative relationships with companies and candidates alike. From Fortune 100s to startups, clients lean on us to fulfill their range of needs from contract to full-time positions. With an intimate knowledge of the industries we serve, a keen sense of what makes for high-performing talent in any role, and shared sense of urgency, our clients will tell you: your solution begins here.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Walnut Creek, CA, US

Year founded

2005

Social media

FacebookTwitter

View All Cypress HCM Jobs