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Portfolio Underwriter Jobs (NOW HIRING)

Small CL Senior Field Underwriter (NYC)

New York, NY · Remote

$107K - $127K/yr

The account responsibility falls to the Portfolio underwriter although consultation between Field and Portfolio Underwriter is expected as required. Declination reasons and coverage advantages to ...

The Sr. Portfolio Underwriting Specialist role is a key member of the home office underwriting team and will support field renewal underwriting operations. You will underwrite a nationwide portfolio ...

The Sr. Portfolio Underwriting Specialist role is a key member of the home office underwriting team and will support field renewal underwriting operations. You will underwrite a nationwide portfolio ...

Open to all HSB/Munich Re Offices + Remote Options About the Role The Head of Portfolio Underwriting leads a group of Underwriters and collaborates with Product Managers for guidance on product ...

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Portfolio Underwriter information

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$32.5K

$78.9K

$139.5K

How much do portfolio underwriter jobs pay per year?

As of Sep 10, 2026, the average yearly pay for portfolio 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 portfolio underwriter do?

A Portfolio Underwriter is responsible for assessing and managing the risk of a group of insurance policies or loans, rather than evaluating them individually. They analyze trends and performance across the portfolio to ensure it meets the company’s risk appetite and profitability goals. Their work involves making recommendations on pricing, coverage terms, and risk mitigation strategies. Portfolio Underwriters often collaborate with other underwriters, actuaries, and data analysts to maintain a healthy balance of risk and reward for the company.

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

To thrive as a Portfolio Underwriter, you need strong analytical skills, a solid understanding of risk assessment, and usually a degree in finance, economics, or a related field. Familiarity with underwriting software, portfolio management systems, and sometimes professional certifications like CPCU or ARM are commonly expected. Attention to detail, decision-making ability, and effective communication are essential soft skills for this role. These competencies are crucial for accurately evaluating risk, maintaining profitable portfolios, and collaborating with stakeholders in a dynamic insurance environment.

How does a portfolio underwriter typically collaborate with other departments to manage risk effectively?

Portfolio Underwriters frequently work in close partnership with actuaries, risk analysts, and sales teams to assess the overall risk exposure of their book of business. They participate in regular meetings to review portfolio performance, adjust underwriting guidelines, and share insights on market trends. Effective collaboration ensures that underwriting decisions align with company risk appetite and regulatory requirements, while also supporting business development goals. This cross-functional teamwork is essential for maintaining a balanced and profitable portfolio.

What is the difference between Portfolio Underwriter vs Credit Analyst?

AspectPortfolio UnderwriterCredit Analyst
CredentialsTypically requires underwriting certifications, finance degreesOften requires finance or accounting degrees, certifications like CFA
Work EnvironmentWorks in insurance or banking sectors, assessing risk for portfoliosWorks in banks or financial institutions, analyzing creditworthiness
Employer & IndustryInsurance companies, banks, asset managersBanks, lending institutions, credit agencies
Comparison FocusFocuses on managing and assessing risk across a portfolio of assetsFocuses on evaluating individual credit applications and risk

While both roles involve risk assessment, Portfolio Underwriters focus on managing risk across entire asset portfolios, whereas Credit Analysts evaluate individual credit applications. Both require financial knowledge and risk assessment skills, but their scope and daily tasks differ.

Is portfolio underwriting a stressful job?

Portfolio underwriters analyze and assess loan or investment portfolios, which can involve high responsibility and attention to detail. The job can be stressful during periods of tight deadlines, high workload, or when making critical risk decisions, but workload and stress levels vary depending on the employer and specific role. Strong analytical skills and experience with underwriting tools help manage the demands of the position.
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Infographic showing various Portfolio Underwriter job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 83% Physical, 4% Hybrid, and 13% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Trade Credit Middle Market Portfolio Underwriter

New York, NY • On-site

American International Group, Inc.
Insurance Services • 10K+ employees

Full-time

Posted 16 days ago


AIG rating

8.7

Company rating: 8.7 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

72nd of 315 rated insurance


Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Trade Credit Middle Market Portfolio Underwriter to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Specialty Underwriting
The Underwriter manages key relationships and reviews complex transactions for key targeted Trade Credit brokers/markets/industries. This is an integral position that provides front-facing external/internal marketing responsibilities as well as management of office underwriting duties and initiatives within their portfolio.
How you will create an impact:
  • Developing strong relationships with brokers and clients to grow the underwriter's book of trade credit business
  • Training, mentoring, providing technical direction to underwriters to contribute to group revenue targets and meeting internal operations/audit directives for the division
  • Underwriting middle market, new and renewal insurance submissions and negotiating policy terms and conditions
  • Analyzing domestic and international corporate credits, evaluating financial information, and recommending or approving appropriate credit limits and terms
  • Professionally maintaining and properly servicing an existing book of trade credit insurance business
  • Marketing, selling and presenting to brokers and insureds to increase submission flow
  • Engaging in various underwriting and marketing projects to improve overall company results
  • Meeting operating and audit guidelines and goals of senior management
  • Participating in and completing special projects as required by the profit center

What you'll need to succeed:
  • 1+ years of experience in underwriting
  • 3+ years of experience in trade credit, finance, or banking preferred
  • Proficiency in Microsoft Office (Excel, Outlook, PowerPoint), Cap IQ, Salesforce, Factiva
  • Strong commercial development skills
  • Solid organizational and communication skills
  • Bachelor's degree in business or finance preferred
  • Second language proficiency valued

Ready to take your career to the next level? We would love to hear from you.
The base salary range for this position is $70,000-$75,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.
#LI-AIG #TradeCreditInsuranceUnderwriting
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area:
UW - Underwriting
National Union Fire Insurance Company of Pittsburgh, Pa.

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About AIG

Sourced by ZipRecruiter

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919