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Retail Underwriter Jobs (NOW HIRING)

Trustmark Bank

Overview The responsibilities of this job are to provide support to the retail and wholesale platform in loan decisions, underwriting guidance, and scenario questions based on GSE guidelines and ...

Trustmark Bank

Retail Staff Underwriter II

Mobile, AL · On-site +1

Overview The responsibilities of this job are to provide support to the retail and wholesale platform in loan decisions, underwriting guidance, and scenario questions based on GSE guidelines and ...

LHH US

Underwriter

Fond Du Lac, WI

$60K - $75K/yr

You will be responsible for retail and mortgage underwriting. If you have at least three years experience, this could be a good fit for you. Underwriter Responsibilities: * Follow investor and ...

AIG

Senior Underwriter, Retail Property

Pike, NY · 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 ...

LHH US

Underwriter

Fond Du Lac, WI · On-site

$60K - $75K/yr

You will be responsible for retail and mortgage underwriting. If you have at least three years experience, this could be a good fit for you. Underwriter Responsibilities: * Follow investor and ...

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 ...

Ryan Specialty

AVP, Cyber Underwriter

New York, NY

This role is responsible for underwriting complex cyber risks, cultivating strategic relationships with leading retail brokerage firms, and driving profitable portfolio growth. The AVP will serve as ...

Ryan Specialty

AVP, Cyber Underwriter

New York, NY · On-site

This role is responsible for underwriting complex cyber risks, cultivating strategic relationships with leading retail brokerage firms, and driving profitable portfolio growth. The AVP will serve as ...

Ryan Specialty

AVP, Cyber Underwriter

New York, NY · On-site

This role is responsible for underwriting complex cyber risks, cultivating strategic relationships with leading retail brokerage firms, and driving profitable portfolio growth. The AVP will serve as ...

Venbrook

Underwriter

New York, NY · On-site +1

... retail broking, wholesale broking, programs, and claims services. As an independent, multi-line ... The underwriter works within the carrier's underwriting guidelines and appetite to make binding ...

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Retail Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do retail underwriter jobs pay per year?

As of Aug 25, 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 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.

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.

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 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.

Do retail underwriters make a lot of money?

Retail underwriters typically earn a median salary that is competitive within the insurance industry, with salaries varying based on experience, location, and employer size. Entry-level positions may start lower, while experienced underwriters with specialized skills can earn higher compensation, often including bonuses and benefits. Overall, retail underwriting can be a financially rewarding career for those with strong analytical skills and industry knowledge.

Is it hard to get a job in retail underwriting?

Retail underwriting jobs can be competitive, but having relevant skills such as financial analysis, attention to detail, and knowledge of underwriting software can improve chances. Entry-level positions may require a bachelor's degree in finance, economics, or related fields, and some employers value industry certifications like CPCU or ARM. Gaining experience through internships or related roles can also help in securing a retail underwriting position.

Is retail underwriting a lot of math?

Retail underwriters analyze financial information and assess risk, which involves a significant amount of math, including calculations related to credit scores, income, and loan-to-value ratios. Strong numerical skills and familiarity with financial formulas are important for accurately evaluating applications and making decisions.
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 August 2026, with employment types broken down into 66% Full Time, 33% Part Time, and 1% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Retail Staff Underwriter II

Remote

Trustmark Bank
1 - 5K employees

8.2

Company rating: 8.2 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

51st of 172 rated banks

Great coworkers

People enjoy working here

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Learn more about Trustmark Bankexternal

Full-time

Re-posted yesterday

Job description

Overview

The responsibilities of this job are to provide support to the retail and wholesale platform in loan decisions, underwriting guidance, and scenario questions based on GSE guidelines and requirements while ensuring and maintaining quality.

Responsibilities
  • Provide assistance to both retail and TPO originators, processors, for questions regarding guidelines, income requirements scenarios.
  • Maintain a small pipeline of loans to decision for final approval based on underwriting authority delegations.
  • Review all appraisal types for final approval including issuing NOV's and HFS/USDA conditional requirements.
  • Stay updated and attend refresher training for all investor guidelines.
  • Review and respond to management for all QC/QA exceptions.
  • Associates are expected to perform all additional duties as assigned.
Qualifications

Education:High School Diploma or GED

Experience:5 years In underwriting FNMA/FHLMC, FHA, USDA and VA loans

Additional Required Qualifications

  • FHA DE certification
  • VA SAR and certification
  • Experience in underwriting FNMA/FHLMC/FHA/VA / USDA Rural Housing investor loans
  • Documented experience in mortgage loan underwriting
  • General understanding and knowledge of underwriting and compliance guidelines
  • Working knowledge and experience with DeskTop Underwriter System
  • Exceptional organizational skills and strong communication skills
  • Superior problem-solving skills
  • Excellent customer service skills
  • Working knowledge of Excel, Word, and other PC applications
  • College education preferred

Physical Requirements & Working Conditions:Must be able to sit for long periods of time and use computer keyboard and/or mouse requiring hand and wrist manipulation, while viewing computer screens.

Disclaimer:Management retains the right to add, delete or modify the responsibilities and qualifications of the position at any time.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Employment Type: FULL_TIME

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