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Retail Underwriter Jobs (NOW HIRING)

American Mortgage Network

UNDERWRITER III

Phoenix, AZ · On-site

As a member of our Retail Underwriting team, will be responsible for underwriting residential loans for our Retail department ensuring compliance with appropriate company, secondary market investor ...

AIG

Senior Underwriter, Retail Property

Los Angeles, CA · On-site

$84K - $108K/yr

Join us as a Senior Underwriter, Retail Property 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 ...

The Hartford

Underwriter, Retail Cyber

Chicago, IL · Hybrid

$78K - $117K/yr

... to underwrite and actively pursue new business, servicing the needs of our retail broker partners on an account by account basis. We'll Be a Good Match if You Have: * A customer-first mindset ...

AIG

Underwriter I, Retail Property

Chicago, IL

$62K - $82K/yr

Join us as an Underwriter, Retail Property 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 ...

Authentic

Underwriter

Dayton, OH

Position Summary The Underwriter will be responsible for evaluating and managing commercial ... Experience working with retail brokers, MGAs, wholesalers, or carriers * Ability to independently ...

Burns & Wilcox

Associate Underwriter

Scottsdale, AZ · On-site

Manage relationships with retail agents and follow up on any outstanding information needed to complete the underwriting file Qualifications * Bachelor's degree or equivalent combination of education ...

Burns & Wilcox

Associate Underwriter

Centennial, CO · On-site

Manage relationships with retail agents and follow up on any outstanding information needed to complete the underwriting file Qualifications * Bachelor's degree or equivalent combination of education ...

Burns & Wilcox

Associate Underwriter

San Francisco, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to complete the underwriting file Qualifications * Bachelor's degree or equivalent combination of education ...

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All JobsRetail Underwriter Jobs

Retail Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do retail underwriter jobs pay per year?

As of Jul 13, 2026, the average yearly pay for retail 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 are the key skills and qualifications needed to thrive as a Retail Underwriter, and why are they important?

To thrive as a Retail Underwriter, you need strong analytical abilities, attention to detail, and a solid understanding of lending policies, often backed by a degree in finance, business, or a related field. Familiarity with loan origination systems, credit risk assessment tools, and relevant certifications such as Certified Residential Underwriter (CRU) are typically required. Excellent communication, problem-solving skills, and sound judgment help underwriters effectively collaborate with clients and stakeholders while making prudent lending decisions. These competencies are crucial to accurately evaluate risk, ensure compliance, and support the financial health of lending institutions.

What does a retail underwriter do?

A retail underwriter evaluates individual loan or insurance applications to determine risk and approve or deny coverage based on financial information, credit history, and underwriting guidelines. They analyze data, assess risk factors, and use specialized software to make informed decisions, often working within set policies and regulations.

Will AI replace underwriting?

Retail underwriters use AI tools to assist in evaluating risks and processing applications, but AI is not expected to fully replace human underwriters. Instead, AI enhances efficiency and accuracy, allowing underwriters to focus on complex cases and decision-making. Human judgment remains essential for interpreting nuanced information and making final underwriting decisions.

Is underwriting a high paying career?

Retail underwriters typically earn a moderate to high salary depending on experience, location, and the company. Entry-level positions may start lower, but experienced underwriters with specialized skills can earn competitive compensation, often supplemented by bonuses and benefits.

What is a Retail Underwriter?

A Retail Underwriter is a financial professional responsible for assessing and evaluating loan applications submitted by individual customers, typically for products like mortgages, auto loans, or personal loans. They analyze applicants' creditworthiness by reviewing financial documents, credit histories, employment information, and other risk factors to determine whether to approve or decline the loan. Retail Underwriters play a crucial role in ensuring that lending decisions comply with company policies and regulatory requirements. Their work helps financial institutions minimize risk while providing fair lending opportunities to customers.

What is the difference between Retail Underwriter vs Commercial Underwriter?

AspectRetail UnderwriterCommercial Underwriter
CredentialsTypically requires insurance licenses, underwriting certificationsSimilar credentials, often with additional industry-specific licenses
Work EnvironmentOffice-based, evaluating individual consumer policiesOffice-based, assessing business or commercial policies
Employer & IndustryInsurance companies, retail bankingInsurance companies, commercial banking
Search & Comparison IntentOften compared for underwriting roles in retail insuranceCompared for commercial insurance underwriting roles

Retail Underwriters focus on individual consumer policies, while Commercial Underwriters evaluate business or commercial insurance applications. Both roles require similar credentials and work in insurance settings, but they serve different client types and industries.

What is retail underwriting?

Retail underwriting is the process used by retail underwriters to evaluate individual loan or insurance applications, assessing risk based on financial information, credit history, and other relevant data. This role involves analyzing applicant details to determine approval, terms, and pricing, often using specialized software and adhering to company guidelines. Strong analytical skills and attention to detail are essential for success in this position.

How does a Retail Underwriter typically collaborate with loan officers and other departments during the loan approval process?

Retail Underwriters work closely with loan officers, processors, and sometimes credit analysts to ensure loan applications meet both internal and external lending guidelines. They review documentation, clarify outstanding items, and may communicate directly with loan officers to resolve issues or request additional information. This collaborative approach helps streamline the approval process, minimize errors, and ensure a smooth experience for the borrower. Effective communication and teamwork are essential, as underwriters often juggle multiple files and coordinate across departments to meet tight deadlines.
More about Retail Underwriter jobs
What states have the most Retail Underwriter jobs? States with the most job openings for Retail Underwriter jobs include:
What job categories do people searching Retail Underwriter jobs look for? The top searched job categories for Retail Underwriter jobs are:
Retail Underwriter jobs near you
Infographic showing various Retail Underwriter job openings in the United States as of July 2026, with employment types broken down into 63% Full Time, 35% Part Time, 1% Temporary, and 1% Contract. Highlights an 99% Physical, and 1% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
UNDERWRITER III

UNDERWRITER III

American Mortgage Network

Phoenix, AZ • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 13 days ago

Job description

SUMMARY
WHEN WAS THE LAST TIME YOU HAD FUN AT WORK? NO REMOTE! IN OUR PHOENIX OFFICE ONLY! It's a great time to join the fastest growing company that is 100% employee owned. THAT'S RIGHT! EMPLOYEE OWNED. American Mortgage Network is seeking a seasoned Senior Mortgage underwriter with 5 years of experience underwriting Conventional, FHA and VA loans. American Mortgage Network is a 100% employee owned mortgage company. You can be an owner and have an opportunity for a great retirement plan.
As a member of our Retail Underwriting team, will be responsible for underwriting residential loans for our Retail department ensuring compliance with appropriate company, secondary market investor standards and all applicable laws. The Underwriter will be responsible for examining loan documentation for accuracy and completeness. Must be able to underwrite loans within the company and industry guidelines. The Underwriter will also be working with Loan Officers, Processors and Closers to secure all required documents.
ESSENTIAL DUTIES
  • Underwrites loans in accordance with investor or agency guidelines
  • Reworks loans to new terms, identifies additional conditions as needed to insure a viable credit decision
  • Reviews and evaluates borrower(s) profile including but not limited to all income documentation, tax returns, credit reports, preliminary report, judgments, bankruptcy documents and appraisals
  • Analyzes and calculates income documentation such as personal and business income statements and ensures all necessary documentation is requested to support final loan decisions
  • Exercises good judgment, conducts reasonableness tests and issues quality decisions
  • Determines accuracy and completeness of files; ensures processes are consistent
  • Demonstrates proficiency in automated underwriting systems (DU, LP)
  • Maintains a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity
  • Maintains pre-established service level standard of decisions within a time frame set by the company
  • Communicates regularly with sales team, processors and management
  • Assists in the preparation of repurchase responses and/or rebuttal reviews
  • Ability to function in a fast paced ever-changing environment.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
  • VA LAPP/SAR required with 5 years underwriting VA loans
  • FHA Direct Endorsement (DE) required with 5 years underwriting FHA loans
  • Appraisal review and tax return analysis skills required
  • Experience with repurchase response and/or rebuttal review and response preparation
  • Secondary market experience a plus
  • Understanding of TRID, RESPA and Predatory Lending
  • Strong analytical and decision making/problem solving skills
  • Possess a keen eye for accuracy, attention to detail and ability to handle a high volume work load
  • Excellent interpersonal, organizational, prioritization and time management skills
  • Proficient in computers including LOS systems, Microsoft Office and Excel. Ability to adapt/ learn/utilize multiple software programs. Experience with paperless environment preferred.
  • Ability to type/use a keyboard with sufficient speed and accuracy to meet job demand
  • Ability to deliver effective results and to meet deadlines with minimal supervision
  • Self-starter, adapt to a changing environment and have the ability to communicate and work well with Investors and co-workers
  • Possess clear, concise and effective written and oral communication skills
  • Professional demeanor in appearance, interpersonal relations, work ethic and attitude

MINIMUM REQUIREMENTS
To perform this job successfully, an individual must be able to perform essential functions satisfactorily. The requirement listed below are representative of the knowledge, skill and/or ability required.
  • Minimum 5 years of current front-line mortgage VA and Conventional Underwriting experience required
  • VA SAR approved

American Mortgage Network team members enjoy excellent benefits, perks, business casual dress, training, development and career opportunities.
American Mortgage Network is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Local applicants encouraged to apply. Employment contingent upon successful completion of background investigation. Drug-free work environment. Excellent benefits package including medical, dental and vision along with the ESOP Retirement benefits. All resumes are held in confidence. Equal Opportunity Employer- Minorities/Females/Disabled/Veterans.

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