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Retail Underwriter Jobs (NOW HIRING)

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Retail Underwriter

Fargo, ND · On-site

Monitor and report to retail underwriting manager the performance of loan officers and processors on files submitted to the underwriter. * Work with loan servicing staff to keep them informed of ...

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

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 ...

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 ...

AIG

Underwriter I, Retail Property

Chicago, IL · On-site

$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 ...

Burns & Wilcox

Associate Underwriter

Centennial, CO · 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 ...

Burns & Wilcox

Associate Underwriter

Fresno, CA · On-site

$60K - $75K/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 ...

H.W. Kaufman Group

Associate Underwriter

Centennial, CO

$60K - $80K/yr

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

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Retail Underwriter information

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$32.5K

$78.9K

$139.5K

How much do retail underwriter jobs pay per year?

As of Aug 4, 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 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.

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 64% Full Time, 33% Part Time, 1% Temporary, and 2% 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 Underwriter

Career Site

Fargo, ND • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

This position reviews, underwrites and ensures accuracy and completeness of loan documentation of consumer home equity loans and home equity lines of credit generated by Bell Bank locations according to Bell Bank policy.

Responsibilities:

  • Following prescribed guidelines, receive and review loan applications and associated documentation to insure thoroughness and accuracy.
  • Underwrite all home equity loans and home equity lines of credit to ensure compliance regulations are met.
  • Underwrite all consumer loans to ensure compliance and Bell Bank guidelines are being met.
  • Underwrite each individual request with creativity in an attempt to find terms under which that request can be approved when at all possible.
  • Verify loan-to-value ratios, completeness of application information and review credit reports
  • Verify debt-to-income ratios by calculating and confirming monthly income via income documents provided
  • Work directly with the loan officer on obtaining required documentation for verification of information provided by the customer.
  • Analyze credit reports and associated documentation, qualify and classify loans according to Bell Bank guidelines.
  • Review appraisals to comply with Bell Bank guidelines.
  • Maintain acceptable turnaround times for applications submitted for approval.
  • Interact with appropriate departments regarding problem resolution, risk evaluation and compliance concerns as needed.
  • Follow lending limits as outlined in loan policy, adhering to loan committee policy.
  • Review all retail home equity loan files to ensure the documentation is accurate. Contact loan officer or processor for any additional documentation required to properly complete the underwriting review.
  • Monitor and report to retail underwriting manager the performance of loan officers and processors on files submitted to the underwriter.
  • Work with loan servicing staff to keep them informed of changes in the loan request.

Bell Bank Culture, Policy and Accountability Standards:

  • Know by name and face as many customers and employees as possible, calling them by name as often as possible.
  • Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
  • Know, understand, and live the company values and bottom line.
  • Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
  • All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
  • Prompt and reliable attendance.
  • Perform other duties as assigned.

Education, Experience, and Other Expectations:

  • Minimum three years of lending experience.
  • Thorough understanding of home equity underwriting guidelines, real estate compliance regulations and a general understanding of processing and closing function of the entire real estate lending process.

Skills and Knowledge:

  • Detail oriented with the ability to make decisions based on facts presented and guidelines established.
  • Strong interpersonal skills with the ability to communicate clearly across all lines of business while handling multiple priorities

Apply