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Junior Underwriter Jobs (NOW HIRING)

Role Purpose * The Underwriter Jr. Marine is responsible for supporting the subscription area in the process of receiving, reviewing, documenting, and servicing insurance solutions. Key ...

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Role Purpose * The Underwriter Jr. Marine is responsible for supporting the subscription area in the process of receiving, reviewing, documenting, and servicing insurance solutions. Key ...

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Junior Underwriter information

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How much do junior underwriter jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for junior 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 are the key skills and qualifications needed to thrive as a junior underwriter?

To thrive as a Junior Underwriter, you need strong analytical skills, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, risk assessment tools, and regulatory compliance systems is typically required. Effective communication, organization, and a collaborative mindset help individuals excel in evaluating applications and coordinating with teams. These skills ensure accurate risk evaluation, regulatory adherence, and smooth workflow within the underwriting process.

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

Junior Underwriters often encounter challenges such as managing a steep learning curve when assessing risk and understanding complex insurance policies. They may also find it challenging to balance speed and accuracy while processing applications, as well as adapting to various underwriting software and compliance requirements. Working closely with senior underwriters and other departments helps develop decision-making skills and a strong attention to detail, both of which are essential for success and career growth in underwriting.

What does a junior underwriter do?

A Junior Underwriter assists in evaluating and analyzing the risks associated with insurance applications or loan requests. They review documents, verify applicant information, and follow established guidelines to determine eligibility. Working under the supervision of senior underwriters, they help ensure that decisions are accurate and align with company policies. Their role often involves data entry, communication with clients or brokers, and learning the fundamentals of risk assessment.

What is a junior underwriter?

A junior underwriter works at a loan company or other financial institution and supports a senior underwriter during the consumer loan process. As a junior underwriter, your job duties include reviewing customer loan applications for accuracy and completeness, evaluating credit reports to determine the creditworthiness of an applicant, and resolving issues with the application process. You may also work with the funding side of the business to secure financing for loans.

Is it hard to get a job in underwriting?

Getting a junior underwriter position can be competitive, as it often requires relevant education, such as a degree in finance or risk management, and sometimes industry certifications. Strong analytical skills, attention to detail, and familiarity with underwriting software can improve chances of employment, but entry-level roles are generally accessible to candidates with the right qualifications and training.

How do I become a junior underwriter with no experience?

To become a junior underwriter with no experience, candidates should focus on gaining relevant knowledge through online courses or certifications in insurance or risk assessment. Entry-level roles often require strong analytical skills, attention to detail, and basic computer proficiency; internships or related administrative roles can also provide valuable experience and industry exposure.

How much do beginner underwriters make?

Entry-level underwriters typically earn between $45,000 and $60,000 annually, depending on the industry, location, and company size. Starting salaries may be lower for those without prior experience, but can increase with relevant certifications and skills in risk assessment and insurance policies.
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Infographic showing various Junior Underwriter job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $46,316 per year, or $22.3 per hour.

Junior Mortgage Underwriter

Jolt Credit Union

Saginaw, MI โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 7 days ago


Job description

Description:

Join Our Team as a Junior Mortgage Underwriter
Location: State Street Branch – Saginaw, MI
Schedule: 40 hours/week


Jolt Credit Union is seeking a detail-oriented Junior Mortgage Underwriter who thrives in a fast-paced environment and is committed to delivering accurate underwriting decisions, maintaining regulatory compliance, and providing outstanding support to members and lending staff.


Why Join Jolt?

At Jolt, we’re more than just a credit union, we’re a community. Our employees are energetic, motivated, and dedicated to making a real impact for our members every single day. We believe every team member plays a key role in our success, and we’re committed to supporting your growth along the way.


What We Offer You

4 Competitive Medical Plan Options
Dental and Vision Insurance
401(k) with Employer Match
Flexible Spending Account(s)
Employee Assistance Program
Employee Wellness Program with Quarterly Bonus Incentives
Training, Growth Opportunities, and a Supportive Team Culture
Paid Time Off


About the Role

As a Junior Mortgage Underwriter, you'll evaluate and underwrite mortgage, construction, and HELOC loans while ensuring compliance with investor and regulatory guidelines. You'll also support mortgage closings, coordinate with third-party vendors, and assist in selling eligible loans on the secondary market.


The Junior Mortgage Underwriter plays an important role in delivering an exceptional member experience while maintaining sound lending practices and regulatory compliance.


Key Responsibilities:

  • Underwrite conventional mortgage loans according to conforming investor guidelines.
  • Underwrite portfolio mortgages, construction loans, and HELOCs according to credit union policies.
  • Review mortgage modifications and HELOC rewrites upon maturity.
  • Prepare and review loan documentation for accuracy and compliance prior to closing.
  • Coordinate mortgage closings with members, title companies, and other parties.
  • Enter and maintain loan information within the Loan Origination System (LOS) and Symitar.
  • Disburse approved mortgage loans.
  • Order appraisals, title insurance, surveys, flood certifications, inspections, and other required documentation.
  • Sell eligible mortgage loans to approved secondary market investors.
  • Communicate with investors and agencies including Fannie Mae, Freddie Mac, FHLBI, MSHDA, and approved PMI companies to ensure loan salability and insurability.
  • Answer member inquiries by phone and in person, assist with appointments, and provide exceptional member service.

What you Bring to the Team:

  • High school diploma required.
  • Minimum 3 years of mortgage underwriting experience.
  • Experience underwriting residential mortgage loans.
  • Proficiency with Microsoft Outlook and standard office software.
  • Experience using mortgage lending and loan origination systems.
  • Ability to obtain and maintain Nationwide Mortgage Licensing System (NMLS) registration, if required.

We value people who are:

Energetic
Motivated
Empathetic
Committed to community service

If that sounds like you, you'll feel right at home here.

Requirements: