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Underwriter Associate Salary Jobs (NOW HIRING)

PNC Bank

Underwriting Associate - Commercial

Dallas, TX · On-site +1

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

Underwriting Associate - Commercial

Center, TX · On-site +1

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

Underwriting Associate - Commercial

Home, WA · On-site +1

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

Underwriting Associate - Commercial

Portage, WI · On-site +1

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

Underwriting Associate - Commercial

Home, PA · On-site +1

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

PNC Bank

$37K/yr

As an Underwriting Associate within PNC's Statement Spreading organization, you may be based in ... 750.00 Salaries may vary based on geographic location, market data and on individual skills ...

Munich RE

Underwriter Senior

Princeton, NJ · On-site

$103K - $122K/yr

... Associates and Trainees as appropriate. * Collaborate with MRSNA Surety colleagues in order to ... The salary range posted below reflects market variations across various locations.The offer will be ...

New

Munich RE

Underwriter Senior

Philadelphia, PA · On-site

$99K - $117K/yr

... Associates and Trainees as appropriate. * Collaborate with MRSNA Surety colleagues in order to ... The salary range posted below reflects market variations across various locations.The offer will be ...

New

Munich Re

Underwriter Senior

New York, NY · On-site

$107K - $127K/yr

... Associates and Trainees as appropriate. * Collaborate with MRSNA Surety colleagues in order to ... The salary range posted below reflects market variations across various locations. The offer will ...

Munich RE

Underwriter Senior

Hartford, CT · On-site

$99K - $117K/yr

... Associates and Trainees as appropriate. * Collaborate with MRSNA Surety colleagues in order to ... The salary range posted below reflects market variations across various locations.The offer will be ...

New

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All JobsUnderwriter Associate Salary Jobs

Underwriter Associate Salary information

See salary details

$32.5K

$78.9K

$139.5K

How much do underwriter associate salary jobs pay per year?

As of Aug 9, 2026, the average yearly pay for underwriter associate salary 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 Underwriter Associate Salary vs Underwriting Analyst Salary?

AspectUnderwriter Associate SalaryUnderwriting Analyst Salary
Required CredentialsBachelor's degree, insurance licensing often preferredBachelor's degree, certifications like CPCU beneficial
Work EnvironmentInsurance companies, underwriting departmentsInsurance firms, risk assessment teams
Employer & Industry UsageCommonly used in insurance underwritingUsed in insurance and financial services for risk analysis

Underwriter Associates and Underwriting Analysts often share similar educational backgrounds and work environments within the insurance industry. While their roles may differ slightly in focus, both positions are integral to assessing risk and require comparable credentials. Salary differences are typically minimal, reflecting their overlapping responsibilities and industry usage.

What are the key skills and qualifications needed to thrive as an underwriter associate, and why are they important?

To thrive as an Underwriter Associate, you need strong analytical skills, attention to detail, and a bachelor’s degree in finance, business, or a related field. Familiarity with underwriting software, risk assessment tools, and proficiency in Microsoft Excel are commonly required, and some employers may prefer candidates with industry certifications like the Associate in Commercial Underwriting (AU). Excellent communication, time management, and teamwork skills help candidates effectively collaborate and explain decisions to clients or senior underwriters. These capabilities are vital to accurately assess risk, ensure compliance, and support the organization’s financial well-being.

What are some common challenges faced by underwriter associates, and how can they overcome them?

Underwriter Associates often encounter challenges such as balancing speed with accuracy when reviewing applications and supporting senior underwriters. Managing a high volume of documentation and learning to interpret complex risk factors are also common hurdles. To overcome these, it's helpful to develop strong organizational skills, actively seek feedback from more experienced team members, and stay updated on industry guidelines. Collaborating closely with underwriters and leveraging training resources can also accelerate learning and efficiency in this role.

What is the average salary for an underwriter associate?

The average salary for an Underwriter Associate in the United States typically ranges from $50,000 to $70,000 per year, depending on factors such as location, experience, and the specific industry. Entry-level positions may start closer to $45,000, while those with more experience or in high-demand markets can earn upwards of $75,000. Additionally, some employers offer bonuses or other incentives based on performance.
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What cities are hiring for Underwriter Associate Salary jobs? Cities with the most Underwriter Associate Salary job openings:
What are the most commonly searched types of Underwriter Salary jobs? The most popular types of Underwriter Salary jobs are:
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What job categories do people searching Underwriter Associate Salary jobs look for? The top searched job categories for Underwriter Associate Salary jobs are:
Underwriter Associate Salary jobs near you
Infographic showing various Underwriter Associate Salary job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Asset Management - Commercial Real Estate Debt Underwriter - Associate

JP Morgan Chase

Los Angeles, CA

Full-time

Medical, Retirement

Re-posted 29 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

73rd of 170 rated banks

Job description

J.P. Morgan Asset Management - Real Estate Americas is one of the world's largest real estate investment advisors with over $70 billion of real estate assets under management in North America. Given its relationships, reputation, and size, JPMAM Real Estate Americas transacts in an average of $7 billion in combined acquisition and disposition activity annually. JPMAM Real Estate Americas is comprised of more than 250 real estate professionals organized within key functional areas.

Job Summary

As an Associate in the Real Estate Americas Debt Investment Team, you will play an integral role in identifying and underwriting prospective lending opportunities across various property types. You will formulate investment strategies and recommendations, review market research, prepare investment committee memos, and participate in investment committee presentations. You will also develop strong relationships with brokers, banks, borrowers, and industry peers.

Job Responsibilities

  • Underwrite potential lending opportunities for various funds and investment vehicles
  • Analyze investments up and down the capital stack, across multiple product types and risk profiles from senior loans to mezzanine investments
  • Create detailed and complex financial underwriting models for the financing of real estate investments 
  • Assist with modifications and loan restructurings on an as needed basis
  • Perform property and market research through conversations with brokers, sponsors, market participants, and REA regional teams to understand the key risks of each investment and vet underwriting assumptions.
  • Assist in execution of deals from underwriting through closing
  • Conduct site inspections
  • Participate in the preparation of internal memos, due diligence, site inspections, managing documentation and the investment closing process
  • Communicate investment recommendations with senior leaders and the investment committee
  • Collaborate with Asset Management, Valuations, Finance, and other internal stakeholders
  • Provide support for the continuous asset management of existing investments

Required qualifications, capabilities and skills 

  • A minimum of 5 years of real estate work experience. 
  • Excellent financial modeling skills including high proficiency in Excel; Argus proficiency
  • Knowledge of fundamental real estate cash flow and valuation analysis for office, industrial, retail, and multifamily sectors
  • Experience with deal management, including risk identification and structuring to mitigate risk
  • Ability to multi-task and work effectively on multiple deals with several originators
  • Strong interpersonal skills to establish and manage relationships with borrowers, mortgage bankers, participating lenders, lawyers, and team members.
  • Excellent written and verbal communication skills
  • Highly organized with a keen attention to detail
  • Strong quantitative and analytical skills
  • Desire to take initiative and be a team player.

Preferred qualifications, capabilities and skills 

  • Previous experience in real estate, investment banking, private equity, credit, CMBS preferred
  • Prior responsibility  for underwriting preferred.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

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