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Underwriter Development Program Jobs in New York

Senior Underwriter

New York, NY ยท On-site

$125K - $150K/yr

Specialty Program Group offers access to capital and investment, deep carrier relationships ... development and broad distribution, while allowing our businesses to maintain the essence of what ...

Senior Commercial Underwriter

Bethpage, NY ยท On-site

$106K - $127K/yr

What You'll Do The Senior Commercial Underwriter is responsible for commercial credit activities ... development programs in New York and beyond. Equal Opportunity Employer This employer is required ...

First Mortgage Underwriter

Bethpage, NY ยท On-site

$40.42 - $48.50/hr

What You'll Do The First Mortgage Underwriter role will be responsible for examining, evaluating ... development programs in New York and beyond. Equal Opportunity Employer This employer is required ...

... development, and underwriting of international casualty programs for U.S. multinational companies and organizations. In addition, this position is responsible for establishing and cultivating ...

Senior Underwriter

New York, NY ยท On-site

$125K - $150K/yr

Specialty Program Group offersaccess to capital and investment, deep carrier relationships ... development and broad distribution, while allowing our businesses to maintain the essence of what ...

... development, and the ability to successfully negotiate on all levels with both internal and ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

Underwriter, Political Violence

New York, NY ยท On-site

$68K - $91K/yr

That is why we created our Total Rewards Program, a comprehensive benefits package that extends ... We invest in our largest asset, our people, through continuous learning and development, in a ...

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Underwriter Development Program information

What can I expect from the training and mentorship provided in an Underwriter Development Program?

Participants in an Underwriter Development Program typically receive a blend of classroom instruction, on-the-job training, and mentorship from experienced underwriters. You can expect to rotate through various lines of business, work on real case studies, and gradually take on more responsibility as you build your technical and analytical skills. Mentors and managers provide regular feedback and support, helping you to understand underwriting guidelines, risk assessment, and client interaction. This structured training approach prepares you for a successful underwriting career and often leads to advancement opportunities within the company.

What is an Underwriter Development Program?

An Underwriter Development Program is a structured training initiative offered by insurance companies or financial institutions to prepare individuals for careers as underwriters. Participants typically receive a mix of classroom instruction, on-the-job training, and mentorship to learn about risk assessment, policy evaluation, and decision-making processes. The goal of the program is to equip trainees with the knowledge and skills needed to evaluate insurance applications, determine coverage terms, and assess potential risks. These programs often lead to full-time underwriting positions upon successful completion.

What are the key skills and qualifications needed to thrive in an Underwriter Development Program, and why are they important?

To thrive in an Underwriter Development Program, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Proficiency with risk assessment software, Microsoft Excel, and familiarity with industry regulations or progress toward certifications like CPCU are often valued. Effective communication, critical thinking, and strong organizational skills help candidates stand out in this role. These skills ensure accurate risk analysis, clear client interactions, and the ability to manage complex portfolios in the insurance industry.

What is the difference between Underwriter Development Program vs Underwriter?

AspectUnderwriter Development ProgramUnderwriter
CredentialsTypically requires a bachelor's degree, sometimes a certification like CPCU or ARMRequires similar credentials, often with additional experience or certifications
Work EnvironmentStructured training environment, often in corporate officesOperational, risk assessment, and decision-making roles in insurance companies
Usage in IndustryEntry-level training program for aspiring underwritersFull-time professional role responsible for evaluating insurance risks

The Underwriter Development Program is designed to train and develop new talent into underwriters, providing structured learning and mentorship. An underwriter, on the other hand, is a fully qualified professional responsible for assessing risks and making underwriting decisions. The program prepares individuals for a career as an underwriter, who then performs the core job functions within the insurance industry.

What job categories do people searching Underwriter Development Program jobs in New York look for? The top searched job categories for Underwriter Development Program jobs in New York are:
What cities in New York are hiring for Underwriter Development Program jobs? Cities in New York with the most Underwriter Development Program job openings:
Infographic showing various Underwriter Development Program job openings in New York as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution.
First Mortgage Underwriter

First Mortgage Underwriter

Bethpage Federal Credit Union

Bethpage, NY โ€ข Remote

$40.42 - $48.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 4 days ago


Job description

It Starts With Our Employees

FourLeaf's ultimate goal is to provide the best-in-class member and employee experience, and it all begins with two things: hiring incredible people and giving them a great place to work.

What Youโ€™ll Do

The First Mortgage Underwriter role will be responsible for examining, evaluating, and underwriting all first mortgage applications to assess the risk, financial stability and confirm compliance with secondary market guidelines and all regulatory requirements, to render a credit decision while maintaining a high level of accuracy and efficiency. They will work directly with other departments to ensure compliance and department goals are met.

This opportunity is open to flexible work options including a remote set up.

Core Contributions

  • Review and underwrite residential mortgage loan applications, including government, conventional, equity, and portfolio loans, in accordance with investor, regulatory, and Credit Unions guidelines.
  • Analyze borrower creditworthiness by evaluating income, assets, liabilities, credit history, property value, and risk factors.
  • Ensure loan files are complete, accurate, and well-documented prior to approval, suspension, or denials.
  • Issue clear, well-documented underwriting decisions and conditions.
  • Review and assess property appraisals to support sound credit decisions while ensuring compliance.
  • Communicate effectively with loan officers, processors, and closing staff to resolve questions and move files forward efficiently.
  • Perform comprehensive reviews of condominium and co-op projects to determine eligibility, ensuring alignment with guidelines, overlays, and overall risk tolerance.
  • Maintain compliance with federal and state regulations, including TRID, ECOA, HMDA, and Fair Lending requirements.
  • Ability to manage and prioritize a pipeline and ensure completion of assigned tasks daily including purchases, contract dates and escalations.
  • Participate in quality control reviews, audits, and post-closing reviews as needed.
  • Contribute to continuous improvement of underwriting processes, tools, and service levels.
  • Assess ineligible loan applications to identify and structure viable counteroffer solutions aligned with underwriting guidelines and risk tolerance.
  • Analyze loan documentation to prepare for Executive Loan Review, identifying and documenting exception requests relative to guidelines and investor overlays.
  • Additional job-related projects and duties as assigned by management.

Assets You Will Bring

  • High School Diploma or GED.
  • 5 years of experience utilizing DU and LP automated underwriting with working knowledge of FNMA, FHLMC, and industry guidelines and best practices is required.
  • Strong understanding of State and Federal laws pertaining to the mortgage banking industry (i.e. RESPA, TILA, ECOA, etc.) and Real Estate Lending
  • Experience underwriting both FHA and VA is preferred.
  • Experience in Mortgage Cadence Platform is preferred.
  • Certifications: FHA Direct Endorsement (DE) Underwriter Certification and VA (SAR) are required.

The estimated salary for this role is $40.42 - $48.50 per hour. (FourLeaf Federal Credit Union offers a comprehensive benefits package, including medical, dental, and vision coverage; life and disability insurance; voluntary benefit programs; a 401(k) plan with employer match; reimbursement and wellness programs; and an annual performance-based bonus.)

#LI-Remote

What Sets Us Apart?

In addition to our comprehensive benefits, we invest in employee connection and well-being through:

  • Competitive 401(k)
  • Tuition and fitness reimbursement programs
  • Flexible work options
  • Volunteer opportunities
  • Executive โ€œWater Cooler Chatsโ€
  • Clubs, sports, and social events
  • Food truck days

โ€ฆ.and more!

Who is FourLeaf?

FourLeaf Federal Credit Union (FourLeaf) has been committed to the financial well-being of our members for over 80 years. Through our full range of competitive savings and loan products, you can trust us in every step of your financial journey. From applying for a credit card to closing on your mortgage to opening your childโ€™s first savings account, FourLeaf is here to help you reach your financial goals.

We are proud to be an award-winning place to work! Some of our recent recognitions include Certified Great Place to Work 2024-2025, Americaโ€™s Greatest Midsize Workplaces 2025, Quantum Workplace Employee Voice Award 2024, and Fortuneโ€™s Best Workplaces in Financial Services & Insurance 2024.ย 

As a credit union, our vision is to enrich the lives of our members, employees, and communities. Since 2002, we have been an integral community partner through our charitable giving and community development programs in New York and beyond.