1

Senior Underwriter Jobs in Reston, VA (NOW HIRING)

We are seeking an Associate or Senior Associate level Agency Underwriter, dependent upon prior experience, to join our Agency Lending business. As a member of the multifamily underwriting team, this ...

We are seeking an Associate or Senior Associate level Agency Underwriter, dependent upon prior experience, to join our Agency Lending business. As a member of the multifamily underwriting team, this ...

We are currently recruiting for a Senior Underwriting Analyst to join our FHA Healthcare platform. Primary Responsibilities and duties: * Input property financial information into Excel financial ...

Sr. Requirements SME

Fort Belvoir, VA · On-site

$111K - $131K/yr

The Senior Requirements SME will provide analytical, technical, and administrative support for day-to-day activities and surge activities as it relates to the mission for the Agency requirements ...

Underwriter

Fairfax, VA · On-site

$65K - $154K/yr

Underwrites FHA/VA and Conventional loan applications ensuring adherence to Company and investor credit quality standards * Maintain ACM mandated turn times for new reviews and conditions * Analyzes ...

Sr. Requirements SME

Fort Belvoir, VA

$111K - $131K/yr

The Senior Requirements SME will provide analytical, technical, and administrative support for day-to-day activities and surge activities as it relates to the mission for the Agency requirements ...

Showing results 41-60

Senior Underwriter information

See Reston, VA salary details

$38.5K

$110.9K

$138.9K

How much do senior underwriter jobs pay per year?

As of Sep 4, 2026, the average yearly pay for senior underwriter in Reston, VA is $110,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,500.00 and $121,200.00 per year, depending on experience, location, and employer.

What does a senior underwriter do?

A Senior Underwriter is responsible for assessing and evaluating the risks involved in insuring individuals or assets and determining appropriate terms and premiums for insurance policies. They analyze complex applications, review financial statements, and use industry guidelines to make informed decisions. Senior Underwriters often handle higher-value or more complicated cases than junior staff, and they may also mentor less experienced underwriters and help develop underwriting policies. Their expertise helps insurance companies manage risk and maintain profitability.

What does a senior underwriter do?

As a senior underwriter, your responsibilities are to oversee the insurance or loan application process at an insurance company or financial institution. Your duties include deciding when to offer a policy, assessing the risk of a potential customer, and ensuring the company has adequate funds to finance each claim an account makes (whether that is paying out insurance claims or extending a line of credit). Senior underwriters often consider whether it is appropriate to offer a loan, coordinate with a bank on complex customer issues, proactively search for ways to reduce the risk of future claims, and participate in strategy meetings with staff. A significant amount of underwriting is automated, so you typically focus on cases that are too complex to be evaluated by existing algorithms.

What are some common challenges senior underwriters face when assessing complex risk profiles?

Senior Underwriters often encounter challenges when evaluating complex risk profiles, such as insufficient or ambiguous client data, rapidly changing market conditions, and evolving regulatory requirements. Balancing the need to be competitive with maintaining sound risk management practices requires in-depth analysis and strong judgment. Collaboration with actuaries, legal teams, and client managers is frequently necessary to make well-informed decisions, and effective communication skills are key to explaining underwriting decisions to stakeholders.

What is the difference between Senior Underwriter vs Underwriter?

AspectSenior UnderwriterUnderwriter
CredentialsTypically requires 5+ years of experience, relevant certifications (e.g., CPCU, ARM)Entry to mid-level experience, often with similar certifications or on-the-job training
Work EnvironmentSenior-level decision-making, mentorship, complex risk assessmentPerforming standard risk evaluations, supporting senior staff
Industry UsageUsed across insurance sectors like property, casualty, healthCommonly used in same sectors, often as entry or mid-level roles

Senior Underwriters typically have more experience, handle complex cases, and mentor junior staff, whereas Underwriters focus on standard risk assessments and supporting senior team members. Both roles are essential in the insurance industry, with the senior position requiring advanced credentials and experience.

What are the most commonly searched types of Underwriter jobs in Reston, VA?

The most popular types of Underwriter jobs in Reston, VA are:

What are popular job titles related to Senior Underwriter jobs in Reston, VA?

For Senior Underwriter jobs in Reston, VA, the most frequently searched job titles are:

What job categories do people searching Senior Underwriter jobs in Reston, VA look for?

The top searched job categories for Senior Underwriter jobs in Reston, VA are:

What cities near Reston, VA are hiring for Senior Underwriter jobs?

Cities near Reston, VA with the most Senior Underwriter job openings:

Infographic showing various Senior Underwriter job openings in Reston, VA as of August 2026, with employment types broken down into 92% Full Time, 7% Part Time, and 1% Contract. Highlights an 67% Physical, 12% Hybrid, and 21% Remote job distribution, with an average salary of $110,903 per year, or $53.3 per hour.

Multifamily Underwriting Professional - Affordable Housing

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 9 days ago


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
If you are a hard-working, motivated and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $80 billion is looking to add a Multifamily Underwriting Professional to the Targeted Affordable Housing team.
At Freddie Mac, you will do important work to build a better housing finance system, and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Our Impact:
  • Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our network of Optigo Lenders

  • We are innovators in the industry by evaluating the story and making decisions based on the credit risk profile and finding creative ways to mitigate risks

Your Impact:
  • You will build toward credit approval and closing individual mortgage loans collateralized by multifamily properties

  • Accurately review and ensure concise, complete, and clear Investment Briefs and ensure accurate data quality for loan securitization

  • Analyze and conclude on unique affordable housing pro forma property financial statement considerations, resolve transactional issues that escalate in third party report, work with Producers to structure deals, review borrower financial position, market analysis, property inspections, present deals for approval as needed

  • Develop resolutions to problems of limited scope following specific and detailed procedures

Qualifications:
  • 2 - 4 years of related professional experience, preferably in multifamily or commercial real estate finance
  • Bachelor's degree in Real Estate, Finance, Economics, Business Administration, or related field
  • Demonstrated proficiency with Microsoft Excel and Word
  • Strong written and verbal communication skills

Keys to Success in this Role:
  • Ability to manage 2 transactions independently at a given time and drive to 90% to 100% completion
  • Has a good knowledge of credit policy, procedures and systems
  • Demonstrates ability to lead Optigo Lender calls
  • Tackle and effectively complete additional tasks and assignments at the request of Senior Underwriters and above
  • Experience underwriting 80% of TAH products
  • Ability to underwrite and assist on other Specialty Products
  • Raises issues in a timely fashion and makes recommendations on how to resolve issues rather than waiting on what to be told to do
  • Consensus among Underwriting Managers and Senior Underwriters that underwriter has the capacity to effectively operate at the Professional level
  • Work product exhibits minimal errors

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $108,000 - $160,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom


Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970