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Underwriter Development Program Jobs in Virginia

Senior Underwriter

Alexandria, VA ยท On-site +1

$160K - $170K/yr

In this role, you will Oversee and manage financial analysis for facilities development; technical ... Employee Assistance Program for personal and professional support * Wellness Incentives (up to $350 ...

Senior Underwriter

Woodbridge, VA ยท On-site

$97K - $115K/yr

... programs โ€ข Ability to underwrite without supervision โ€ข Consistently out performs lower level ... Our seasoned management team has developed a category-leading marketing, operations, customer ...

Senior Underwriter

Alexandria, VA ยท On-site +1

$160K - $170K/yr

In this role, you will Oversee and manage financial analysis for facilities development; technical ... Employee Assistance Program for personal and professional support * Wellness Incentives (up to $350 ...

Senior Underwriter

Alexandria, VA ยท On-site

$160K - $170K/yr

In this role, you will Oversee and manage financial analysis for facilities development; technical ... Employee Assistance Program for personal and professional support * Wellness Incentives (up to $350 ...

Senior Underwriter

Richmond, VA

$97K - $115K/yr

... program-including health, dental, vision, 401(k) with company match, paid time off, and ... development opportunities. Core Values At Clearbrook our Core Values are Integrity, Collaboration ...

Underwriter - FEDS Protection

Arlington, VA ยท On-site

$60K - $85K/yr

FEDS Protection, a CRC Insurance Services Program, provides insurance solutions to federal ... developments in the insurance industry and be able to incorporate into strategies 7. Must have ...

Underwriter - FEDS Protection

Alexandria, VA ยท On-site

$60K - $85K/yr

FEDS Protection, a CRC Insurance Services Program, provides insurance solutions to federal ... developments in the insurance industry and be able to incorporate into strategies 7. Must have ...

Underwriter I, Environmental

Richmond, VA ยท On-site

$85K - $101K/yr

... program-including health, dental, vision, 401(k) with company match, paid time off, and ... development opportunities. Core Values At Clearbrook our Core Values are Integrity, Collaboration ...

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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 Virginia look for? The top searched job categories for Underwriter Development Program jobs in Virginia are:
What cities in Virginia are hiring for Underwriter Development Program jobs? Cities in Virginia with the most Underwriter Development Program job openings:
Infographic showing various Underwriter Development Program job openings in Virginia as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution.
Senior Commercial Underwriter

Senior Commercial Underwriter

Shore United Bank

Fredericksburg, VA โ€ข On-site

$93K - $141K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago


Job description

Shore United Bank is seeking a full-time Senior Commercial Underwriter to join our team. The Senior Commercial Underwriter is considered a credit analysis SME and is primarily responsible for underwriting the most complex commercial loan requests on a self-directed basis. This includes interfacing with the account officer to ensure the loan is properly structured and risk rated, compliant with regulations and bank policy, and that all relevant information has been obtained to identify and mitigate potential risk to the bank. The underwriter will be required to compile a final approval package for submission to the appropriate approval authority including financial statement spreads, global cash flow worksheets, written narratives, and supplementary tables and charts, which will require the review of source documents including, but not limited to, financial statements, tax returns, credit reports, and legal documents.
Essential Functions Include:
  • Receives data on prospective and active borrowing accounts, i.e., financial statements, agency reports, and interview and investigation sheets.
  • Analyzes data and evaluates the short- and long-run prospects of the individual or company.
  • Recommends to appropriate personnel on the granting or denying of loans; prepares sufficient information to document recommendations.
  • Supports loan grade after conducting a thorough credit analysis and documentation review.
  • Provides thorough documentation of all financial analysis work, including ratios and other related information.
  • Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
  • May exercise loan authority to approve, restructure or deny commercial loan requests while protecting the Bank and meeting the needs of its clients.
  • Identifies and responds to opportunities to communicate affiliates products and services to promote the image of the affiliate and promote Shore Bancshares' community of companies' products and services to potential customers and referring those customers to the proper personnel.
  • Remains efficient and productive despite being assigned the most complex transactions and projects.
  • Demonstrates compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting all policies, procedures, and practices that promote risk management, safety, and regulatory adherence.

Location:Shore Bancshares Headquarters: 28969 Information Lane, Easton, MD 21601
Position Type/Expected Hours of Work:
  • Full-time.
  • Exempt.
  • Days of Work: Monday-Friday.

Required Education and Experience:
  • High school diploma/GED equivalent.
  • A B.S. or B.A. degree in a related field of study preferred, OR a minimum of 7 years' related experience and specialized financial analysis training.
  • Minimum of 5 year's experience in a credit underwriting or credit analyst role
  • An understanding of credit analysis equivalent to that which would be confirmed by RMA's Credit Analysis Certificate
  • Proficient ability to analyze and interpret financial statements and draw conclusions based on common-sized, trend, comparative and UCA analyses
  • Ability to accurately spread and analyze financial statements for various entity types
  • Ability to identify source of repayment and perform collateral analysis, including an understanding of appraisal development and DCF cash flow analysis
  • Intermediate knowledge of current lending and loan review regulations and banking regulations, procedures, and operations

Compensation:
  • The pay range for this position is $93,400 to $141,800 annually.
  • Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Company Benefits:
  • Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
  • Comprehensive benefits package for full-time, permanent employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
  • Paid parental leave
  • 401k savings plan with up to a 4% company match
  • Employee Stock Purchase Plan
  • Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
  • Opportunity for growth and advancement
  • Paid training program and continuous training sessions throughout the year on various topics
  • Generous paid time off and paid sick time
  • Community involvement opportunities

Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.
Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.