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Senior Underwriter Jobs in Rochester, NY (NOW HIRING)

Genesee Regional Bank

Senior Underwriter

Rochester, NY · On-site

$43.26 - $48.08/hr

Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines ...

Genesee Regional Bank

Senior Underwriter

Rochester, NY

$43.26 - $48.08/hr

Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines ...

PREMIUM MORTGAGE CORPORATION

Underwriter

Rochester, NY · On-site

$72K - $90K/yr

The Underwriter is responsible for evaluating risk and making loan decisions based on existing underwriting guidelines and information and documentation provided in the loan file. The Underwriter ...

Genesee Regional Bank

Underwriter

Rochester, NY · On-site

$38.46 - $43.25/hr

Underwrite Conventional mortgage loans pursuant to secondary market guidelines. * Underwrite residential portfolio loans. * Underwrite home equity loans and lines, providing approvals within ...

Genesee Regional Bank

Underwriter

Rochester, NY

$38.46 - $43.25/hr

Underwrite residential mortgage loans for sale in the secondary market, as well as portfolio mortgages, home equity loans/lines. ESSENTIAL FUNCTIONS: * Underwrite Conventional mortgage loans pursuant ...

NBT Bank

Home Lending Loan Underwriter

Fairport, NY · On-site

$27.18 - $36.25/hr

Pay Range: $27.18 - $36.25 Responsible for underwriting equity or mortgageloan applications ... Career Development Whether you're just starting your career or serve in a senior leadership role ...

M&T Bank

Commercial Credit Senior Analyst

Rochester, NY · On-site

A member of the Commercial Credit team that partners with senior team members supporting the duties ... Facilitate the credit needs of customers by underwriting new requests and material modifications ...

M&T Bank

Commercial Credit Senior Analyst

Rochester, NY · On-site

A member of the Commercial Credit team that partners with senior team members supporting the duties ... Facilitate the credit needs of customers by underwriting new requests and material modifications ...

M&T Bank

Commercial Credit Senior Analyst

Rochester, NY · On-site

A member of the Commercial Credit team that partners with senior team members supporting the duties ... Facilitate the credit needs of customers by underwriting new requests and material modifications ...

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All JobsUnderwriter JobsSenior Underwriter JobsSenior Underwriter Jobs in Rochester, NY

Senior Underwriter information

See Rochester, NY salary details

$36.5K

$105.2K

$131.7K

How much do senior underwriter jobs pay per year?

As of Aug 12, 2026, the average yearly pay for senior underwriter in Rochester, NY is $105,180.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,200.00 and $114,900.00 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.

How much do senior underwriters make in the US?

Senior underwriters in the US typically earn between $80,000 and $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and industry certifications such as CPCU or ARM to advance in their careers.

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 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.

How much do senior underwriters earn?

Senior underwriters typically earn between $70,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and industry certifications, such as the Chartered Property Casualty Underwriter (CPCU).

Do senior underwriters make a lot of money?

Senior underwriters typically earn higher salaries than entry-level underwriters, with compensation varying based on industry, location, and experience. They often have specialized skills in risk assessment and may receive bonuses or incentives, making their overall earnings competitive within the insurance and finance sectors.
More about Senior Underwriter jobs
What are the most commonly searched types of Underwriter jobs in Rochester, NY? The most popular types of Underwriter jobs in Rochester, NY are:
What are popular job titles related to Senior Underwriter jobs in Rochester, NY? For Senior Underwriter jobs in Rochester, NY, the most frequently searched job titles are:
What job categories do people searching Senior Underwriter jobs in Rochester, NY look for? The top searched job categories for Senior Underwriter jobs in Rochester, NY are:
What cities near Rochester, NY are hiring for Senior Underwriter jobs? Cities near Rochester, NY with the most Senior Underwriter job openings:
Senior Underwriter jobs near you
Infographic showing various Senior Underwriter job openings in Rochester, NY as of August 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 69% Physical, 10% Hybrid, and 21% Remote job distribution, with an average salary of $105,180 per year, or $50.6 per hour.

Senior Underwriter

Genesee Regional Bank

Rochester, NY • On-site

$43.26 - $48.08/hr

Full-time

Posted 27 days ago

Job description

Salary Range: $43.26 - $48.08/ hr.
PRIMARY RESPONSIBILITY:
Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines and loans.
ESSENTIAL FUNCTIONS:
  • Underwrite Conventional, Non-QM, and Government (including FHA, VA, and USDA) mortgage loans, pursuant to secondary market and investor guidelines.
  • Underwrite residential portfolio loans, construction draw loans, consumer loans, and home equity lines and loans pursuant to GRB credit guidelines.
  • Develop and maintain expert knowledge base related to underwriting requirements of FNMA, FHLMC and correspondent lending partners (investors).
  • Develop and maintain thorough knowledge related to the different grant programs in which GRB participates.
  • Possess strong working knowledge of the automatic underwriting systems (DU, LP, GUS).
  • Develop and maintain good working relationships with Sales and other internal mortgage staff, attorneys, realtors, title companies, appraisal firms and other business-related customers.
  • Assist loan officers and processors with questions related to underwriting policies and loan structuring.
  • Work with post-closing department on any suspense related items clearing them in a timely manner.
  • Assist other underwriters as backup when required.
  • Work as a mentor with other junior staff members
  • Develop and maintain knowledge of, and work within, all compliance requirements for residential mortgage lending to include Bank Policies, Laws and Regulations.
  • Provide review of files in designated timeframes and issue Commitments as required. Active participation in demonstrating the behaviors outlined in the GRB Experience.
  • Related Bank assignments or duties as directed by the Residential Underwriting Manager.

EDUCATION AND EXPERIENCE:
Bachelor's degree or commensurate experience required, preferably in a business-related discipline plus a minimum of 5 years' experience underwriting secondary market residential mortgage loans and a minimum of 3 years' government loan underwriting experience, or the equivalent combination of education and experience.
  • Active CHUMS ID# required, SAR ID # and SONYMA experience preferred.
  • Expert knowledge in a minimum of two of the following: Non-QM, FHA, VA and USDA regulations and underwriting guidelines, must be fluent in all three within 12 months in position.
  • Knowledge and experience with FHA Connection and VA Portal
  • Knowledge of Fannie Mae DU, Freddie Mac LP, GUS, FHA Total Scorecard.

COMPETENCIES:
  • Provide a remarkable client experience. Greet clients with warmth, genuine interest and a smile.
  • Lead by example. Identify current or potential problems, take ownership and see them through to resolution.
  • Act as a unified team. Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments.
  • Ability to work independently. Seek and incorporate feedback on your performance from management, coworkers and clients.
  • Demonstrated PC literacy.
  • Strong attention to detail and organizational skills.

PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to use hands or fingers, handle, or feel and reach with hands and arms. The employee frequently is required to stand, sit, and talk or hear. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
WORK ENVIRONMENT:
The work environment is an indoor, climate-controlled office setting. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Genesee Regional Bank is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, sex, disability, veteran status, or any other basis protected by applicable federal, state, or local law.
THIS JOB DESCRIPTION IS SUBJECT TO CHANGE AT ANY TIME.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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