1

Underwriter 1 Jobs (NOW HIRING)

Overview The Underwriter 1 position is responsible for working with their Team Leader, Underwriters 2-4, Data Consultants, Account Managers, Producers, and Clients in preparing requests for proposals ...

Business Banking Underwriter 1 Business Unit: Credit Reports to: Business Banking Underwriting Team Leader Position Overview: Responsible for preparing financial analyses of current and prospective ...

New

Our Commercial Lines Underwriter 1 collaborates with assigned agencies to strengthen our relationships in order to create a consistent underwriting experience that agency partners can depend on. This ...

Our Commercial Lines Underwriter 1 collaborates with assigned agencies to strengthen our relationships in order to create a consistent underwriting experience that agency partners can depend on. This ...

Small Business Loan Underwriter 1 Business Unit: Retail Lending Reports To: Varies Based on Assignment Position Overview: This position description covers underwriting positions for Direct, Indirect ...

Underwriter

Tampa, FL · On-site +1

$70K - $80K/yr

Wholesale Underwriting: 1 year (Required) * Non-QM: 2 years (Required) Work Location: In person Qualifications Additional Information All your information will be kept confidential according to EEO ...

Underwriter

Tampa, FL

$70K - $80K/yr

Wholesale Underwriting: 1 year (Required) * Non-QM: 2 years (Required) Work Location: In person Additional Information All your information will be kept confidential according to EEO guidelines.

next page

Showing results 1-20

Underwriter 1 information

See salary details

$32.5K

$78.9K

$139.5K

How much do underwriter 1 jobs pay per year?

As of Jul 22, 2026, the average yearly pay for underwriter 1 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 an underwriter 1?

An Underwriter 1 is an entry-level insurance underwriter responsible for evaluating insurance applications, assessing risk, and determining policy terms. They typically review documentation, use underwriting guidelines, and may work under supervision while developing their skills in risk analysis and decision-making.

What is the difference between Underwriter 1 vs Underwriter 2?

AspectUnderwriter 1Underwriter 2
Required CredentialsHigh school diploma or equivalent; some roles may require insurance licensesSame as Underwriter 1
Work EnvironmentOffice setting, often in insurance or financial companiesSimilar office environment, with increased responsibility
Employer & Industry UsageCommon in insurance, banking, and financial servicesSame industries, with Underwriter 2 typically handling more complex cases
Comparison Search IntentUnderstanding entry-level underwriting rolesLooking into more experienced underwriting positions

Underwriter 1 and Underwriter 2 roles are similar in credentials, work environment, and industry usage. The main difference lies in experience level and complexity of cases handled, with Underwriter 2 typically managing more complex or higher-value policies. Both roles serve as essential parts of the underwriting process in insurance and financial sectors.

Will AI replace underwriting?

AI is increasingly used to assist underwriters by automating data analysis and risk assessment, but it is unlikely to fully replace the role. Underwriters still rely on their judgment, industry knowledge, and decision-making skills, especially for complex cases. AI tools enhance efficiency but do not eliminate the need for human oversight in underwriting processes.

Is underwriting a high paying career?

Underwriter positions can offer competitive salaries that vary based on experience, industry, and location. Entry-level underwriters typically earn moderate wages, while experienced professionals or those in specialized fields can earn higher salaries, especially with certifications and advanced skills. Overall, underwriting can be a financially rewarding career path for those with relevant expertise and industry knowledge.

What does an entry-level underwriter do?

An entry-level underwriter evaluates insurance applications by analyzing risk factors, reviewing applicant information, and determining coverage eligibility and pricing. They use tools like underwriting software and follow company guidelines, often working under supervision to develop their skills and understanding of risk assessment.
More about Underwriter 1 jobs
What cities are hiring for Underwriter 1 jobs? Cities with the most Underwriter 1 job openings:
What states have the most Underwriter 1 jobs? States with the most job openings for Underwriter 1 jobs include:
Infographic showing various Underwriter 1 job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 20% Part Time, and 8% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Underwriter 1

Underwriter 1

Gallagher

Louisville, KY • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 19 days ago


Arthur J. Gallagher & Co. rating

7.8

Company rating: 7.8 out of 10

Based on 91 frontline employees who took The Breakroom Quiz

170th of 281 rated insurance


Job description

Introduction
At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher.
 

Overview

The Underwriter 1 position is responsible for working with their Team Leader, Underwriters 2-4, Data Consultants, Account Managers, Producers, and Clients in preparing requests for proposals, obtaining, and analyzing carrier quotes, inputting, and analyzing data from various automation systems, and maintaining a small book of business. It also works collaboratively with the underwriting and data teams to perform financial and data analysis of a client’s healthcare plans.

This role is primarily remote. However, for candidates who reside within a reasonable commuting distance of our Louisville, KY office, a hybrid work arrangement would be preferred.


How you'll make an impact
  • Execute competitive bidding of all employee benefits coverage lines.
  • Prepare PowerPoints outlining financial and contractual analysis according to company policy.
  • Review vendor proposals for accuracy.
  • Assist Underwriters 2-4 and Data Consultants to evaluate, determine, and recommend alternative coverages, pricing, options, and plan design changes based on analysis of available plan elements and on client/prospect goals.
  • Produce deliverables timely, accurately, and in compliance with company standards.
  • Work jointly with Underwriters 2-4 to forecast and develop projections.
  • Maintain positive relationships with vendor representatives.
  • Remain abreast of the health insurance environment and constantly changing insurance legislation.
  • Respond to routine and non-routine correspondence.
  • Work independently and within the team on special nonrecurring and ongoing projects.
  • Represent Gallagher positively and professionally with both internal and external Clients.
  • Maintain composure and effectiveness under pressure in a deadline-driven environment.
  • Perform other duties and special projects as assigned.

About You

Required:

  • Bachelor's degree and 0-3 years related experience.
  • Proficient in Microsoft Office applications – excel proficiency is a must.
  • Working knowledge of Microsoft Windows applications and Microsoft Office.

Preferred:

  • Must obtain Accident & Health License within the first 6 months of employment, if not already licensed.  
  • Strong employee benefits knowledge and/or math, economics, and finance background .
  • Strong PC skills with the aptitude to learn new systems.

Behaviors:

  • Great communicator up, down, and across the organization
  • Excels in time management while working with various deadlines.

#LI-AV1


Compensation and benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. 

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one!
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax-advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programs
  • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

**The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Qualifications:

Required:

  • Bachelor's degree and 0-3 years related experience.
  • Proficient in Microsoft Office applications – excel proficiency is a must.
  • Working knowledge of Microsoft Windows applications and Microsoft Office.

Preferred:

  • Must obtain Accident & Health License within the first 6 months of employment, if not already licensed.  
  • Strong employee benefits knowledge and/or math, economics, and finance background .
  • Strong PC skills with the aptitude to learn new systems.

Behaviors:

  • Great communicator up, down, and across the organization
  • Excels in time management while working with various deadlines.

#LI-AV1

Education:UNAVAILABLEEmployment Type: FULL_TIME

What Arthur J. Gallagher & Co. employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom