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Risk Underwriter Jobs (NOW HIRING)

Monitise

Credit Risk Underwriter

King Of Prussia, PA · On-site

Job Title Credit Risk Underwriter About your role: As a Credit Risk Underwriter, you will review merchant processing applications and assess risk to support timely, accurate underwriting decisions.

Veritiv Corporation

Risk Underwriter

Fairfield, OH · Hybrid

Our Risk Underwriter will be responsible for providing comprehensive credit analysis of both perspective and existing customers. This role will conduct risk analysis which includes reviewing Credit ...

Veritiv Corporation

Risk Underwriter

Fairfield, OH · On-site

Our Risk Underwriter will be responsible for providing comprehensive credit analysis of both perspective and existing customers. This role will conduct risk analysis which includes reviewing Credit ...

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Risk Underwriter information

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$32.5K

$78.9K

$139.5K

How much do risk underwriter jobs pay per year?

As of Jul 13, 2026, the average yearly pay for risk 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 the difference between Risk Underwriter vs Insurance Underwriter?

AspectRisk UnderwriterInsurance Underwriter
CredentialsTypically requires a bachelor's degree in finance, economics, or related fields; professional certifications like CPCU or ARM are commonSimilar credentials; often holds degrees in finance or risk management and certifications such as CPCU or ARe
Work EnvironmentWorks in insurance companies, brokerage firms, or risk management departments, assessing risks for policy issuanceWorks in insurance companies or underwriting agencies, evaluating insurance applications and determining policy terms
Industry UsageUsed broadly across various insurance sectors including property, casualty, and specialty linesPrimarily within insurance companies, focusing on policy underwriting and risk assessment

Both Risk Underwriters and Insurance Underwriters assess risks to determine policy eligibility and pricing. While their roles overlap significantly, Risk Underwriters often focus on broader risk management strategies, whereas Insurance Underwriters concentrate specifically on insurance policy evaluation. Understanding these nuances helps clarify career paths and employer expectations in the insurance industry.

Will AI replace underwriting?

AI is increasingly used in risk underwriting to automate data analysis and improve accuracy, but it is unlikely to fully replace human underwriters. Underwriters still rely on professional judgment, industry knowledge, and complex decision-making that AI cannot fully replicate. Many roles involve oversight, interpretation, and ethical considerations that require human expertise, making AI a tool to augment rather than replace underwriters.

Is underwriting a high stress job?

Risk underwriters often work in a high-pressure environment due to the need to assess and manage financial risks accurately. The job requires attention to detail, decision-making skills, and sometimes tight deadlines, which can contribute to stress levels. However, stress varies depending on the employer, workload, and individual resilience.

What does a risk underwriter do?

A risk underwriter evaluates insurance applications to determine the level of risk and decide whether to approve coverage and at what premium. They analyze factors such as applicant information, industry data, and policy details, often using specialized software, to ensure the insurer's financial stability. Strong analytical skills and knowledge of underwriting guidelines are essential for this role.

Is underwriting a high paying career?

Risk underwriters typically earn competitive salaries that increase with experience, industry specialization, and certifications such as the Chartered Property Casualty Underwriter (CPCU). While salaries vary by location and employer, underwriting can be a well-paying career path compared to many entry-level roles, especially in insurance and financial services sectors.

What are some common challenges faced by Risk Underwriters in evaluating complex insurance applications?

Risk Underwriters often encounter challenges when assessing applications that involve unique or high-value assets, emerging risks, or incomplete information. These scenarios require careful analysis, critical thinking, and sometimes collaboration with specialists or external experts to make informed decisions. Balancing the need to minimize risk for the company while providing competitive offers to clients is a key part of the role. Staying updated on industry trends and regulatory requirements also helps underwriters manage these challenges effectively.

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

To thrive as a Risk Underwriter, you need strong analytical skills, an understanding of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Familiarity with underwriting software, risk modeling tools, and relevant certifications such as Chartered Property Casualty Underwriter (CPCU) are important. Attention to detail, sound judgment, and effective communication are crucial soft skills for evaluating applications and explaining decisions. These skills and qualifications ensure accurate risk evaluation, informed decision-making, and clear collaboration with clients and stakeholders.
More about Risk Underwriter jobs
What states have the most Risk Underwriter jobs? States with the most job openings for Risk Underwriter jobs include:
What job categories do people searching Risk Underwriter jobs look for? The top searched job categories for Risk Underwriter jobs are:
Risk Underwriter jobs near you
Infographic showing various Risk Underwriter job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Credit Risk Underwriter

Monitise

King Of Prussia, PA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago

Job description

Calling all innovators - find your future at Fiserv.

We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Credit Risk Underwriter

About your role:

As a Credit Risk Underwriter, you will review merchant processing applications and assess risk to support timely, accurate underwriting decisions. You will work closely with sales partners, merchants, processors, and internal underwriting teams to verify application quality, evaluate credit exposure, and resolve issues. Your work helps protect the business, maintain service level agreement (SLA) performance, and support client growth with sound risk decisions.

What you'll do:

  • Work on-site Monday through Friday and collaborate in person with underwriting, sales, and operational partners
  • Review incoming merchant processing applications and assess information to support underwriting decisions
  • Track and monitor applications throughout the underwriting process to ensure processing within service level agreements (SLAs)
  • Verify the quality, completeness, and accuracy of application documentation and supporting materials
  • Use third-party resources to validate business operations, ownership details, and business demographics
  • Communicate with sales partners, merchants, and processors to resolve risk and underwriting questions or issues
  • Analyze documentation, reports, and credit data to assess merchant credit risk exposure and make sound recommendations
  • Support short- and long-term projects related to underwriting operations, process improvement, and risk review
  • Responsibilities listed are not intended to be all-inclusive and may be modified as necessary.

Experience you'll need to have:

  • 3+ years of experience in credit risk, underwriting, merchant processing, financial services, or a related risk evaluation environment
  • 2+ years of experience reviewing individual and business credit reports and applying findings to risk-based decisions
  • 2+ years of experience working in a client-facing role with sales partners, merchants, processors, or similar external stakeholders
  • 2+ years of experience using Microsoft Office Suite to document reviews, manage workflows, and communicate findings
  • Ability to assess application quality, interpret supporting documentation, and use third-party verification tools to evaluate business legitimacy and credit exposure
  • Bachelor's Degree in finance, business, accounting, economics, or a related field, or equivalent combination of education, related experience and/or military experience

Experience that would be great to have:

  • Experience in the merchant processing industry
  • Knowledge of card brand rules and regulations
  • Experience supporting underwriting workflows tied to service level agreement (SLA) performance
  • Experience evaluating small business or merchant application documentation

How you'll work:

  • This role is on-site Monday through Friday. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding experience and leads to stronger productivity.
  • This role requires use of a computer and audio equipment.

Sponsorship:

You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.

Benefits at Fiserv:

  • Fuel Your Life program to support your physical, financial, social, and emotional well-being.
  • Paid holidays and generous time away policies.
  • No-cost mental health support through Employee Assistance Programs.
  • Living Proof program to recognize your peers' extra effort with points redeemable for rewards.
  • Eight Employee Resource Groups to foster a collaborative culture and expand your network.
  • Unparalleled professional growth with training, development, and internal mobility opportunities.
  • Medical, dental, vision, life, and disability insurance options available from day one.
  • Retirement planning including 401k match and discounted shares with the Employee Stock Purchase Plan.
  • Tuition assistance and reimbursement program.
  • Paid parental and military leave.

This role is not eligible to be performed in Colorado, California, District of Columbia, Hawaii, Illinois, Massachusetts, Maryland, Minnesota, New Jersey, New York, Nevada, Rhode Island, Vermont or Washington.


It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

Please note that salary ranges provided for this role on external job boards are salary estimates made by outside parties and may not be accurate.

Thank you for considering employment with Fiserv. Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.

If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contactAskHR.US@fiserv.com. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv's Disability Accommodation Policy for additional information.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements.Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.

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