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Underwriter Development Program Jobs in Columbia, SC

Entry Level Underwriter

Columbia, SC · On-site

  • Retirement

  • PTO

This job includes training and development through completion of the Company's underwriter training program for the assigned line of insurance and requires the person to: * Learn various insurance ...

Responsible for the sales, origination, and underwriting of consumer loans throughout the credit ... product development, interest rates, member experience and promotional strategies. Proactive in ...

New

Finance Manager

Columbia, SC · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Understanding of credit underwriting, compliance, and insurance requirements. Why Work with ... Tool Certification Program * Paid training and ongoing development * Stable employment with a well ...

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Showing results 1-20

Underwriter Development Program information

See Columbia, SC salary details

$30.1K

$73K

$129.1K

How much do underwriter development program jobs pay per year?

As of Aug 19, 2026, the average yearly pay for underwriter development program in Columbia, SC is $72,973.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,400.00 and $80,500.00 per year, depending on experience, location, and employer.

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 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 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.

How hard is it to get an underwriter development program job?

Securing an underwriter development program position typically requires a relevant bachelor's degree, strong analytical skills, and sometimes prior internship experience. Competition can be moderate to high, and candidates often need to demonstrate proficiency in risk assessment, attention to detail, and familiarity with underwriting tools or software.

What are popular job titles related to Underwriter Development Program jobs in Columbia, SC?

For Underwriter Development Program jobs in Columbia, SC, the most frequently searched job titles are:

What job categories do people searching Underwriter Development Program jobs in Columbia, SC look for?

The top searched job categories for Underwriter Development Program jobs in Columbia, SC are:

Infographic showing various Underwriter Development Program job openings in Columbia, SC as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 18% Part Time, and 5% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $72,973 per year, or $35.1 per hour.

Underwriter (Hybrid), Contracting & Network Development (Full-time, Day)

Prisma Health

Columbia, SC • Hybrid

Full-time

Posted 14 days ago


Prisma Health rating

7.1

Company rating: 7.1 out of 10

Based on 350 frontline employees who took The Breakroom Quiz

382nd of 888 rated healthcare providers


Job description

Inspire health. Serve with compassion. Be the difference.

Job Summary

Responsible for underwriting new and renewal medical stop loss business which includes reviewing, evaluating, selecting, and rating each risk to maximize premium revenue while meeting enterprise profit margins and production goals. Responsible for any other applicable products that require and allow underwriting of risk.

Prisma Health currently supports hybrid work from select states.

To view the most up-to-date list of eligible locations, please visit:

https://careers.prismahealth.org/us/en/locations

Essential Functions

  • All team members are expected to be knowledgeable and compliant with Prisma Health's purpose: Inspire health.Serve with compassion. Be the difference.

  • Responsible for the development, implementation, and maintenance of underwriting programs, policies, procedures, and guidelines to ensure compliance and profitability.

  • Reviews Group health insurance applications and medical records to evaluate risk. Uses underwriting software, A.I. tools and actuarial manuals to calculate rates, premiums, and factors. Performs detailed pricing analysis and contribute to pricing strategies to optimize profitability.

  • Reviews stoploss offers and makes recommendations to the sales team on which stoploss offer to use when building Promise Health Plan proposals, based on pricing and contract terms

  • Creates and updates financial models for forecasting and budgeting. Conducts analyses to identify key metrics for modeling financial data (revenue, cost, expenses, KPIs). Compiles data on yearly loss ratios and medical trends for program evaluation.

  • Communicates with stop-loss partners regarding risk levels and forecasted claims costs on new and renewing business.

  • Consults with payer staff to obtain information, review insurance laws, and explain underwriting policies.

  • Collaborates with internal teams to understand monthly trends and ensure comprehensive risk evaluation.

  • Develops and maintains strong relationships with brokers, agents, and reinsurers.

  • Prepares detailed reports and documentation to support health plan decisions.

  • Maintains accurate records of underwriting decisions and related data.

  • Ensures compliance with legal standards and stays current on industry regulations and legislative changes.

  • Conducts regular audits of underwriting files to ensure quality and compliance.

  • Informs enterprise payer strategy, including forecasting and approach for insurance products.

  • Serves on work groups or process improvement teams to enhance quality and customer satisfaction.

  • Performs other duties as assigned.

Supervisory/Management Responsibilities

This is a non-management job that will report to a supervisor, manager, director, or executive.

Minimum Requirements

  • Education - Bachelor's degree in Business, Finance, or related field

  • Experience - 7-10 years of related experience in Medical underwriting and risk assessment

In Lieu Of

N/A

Required Certifications, Registrations, Licenses

Active medical/health underwriting certification

Knowledge, Skills and Abilities

  • Knowledge of insurance principles, policies, and regulations

  • Attention to detail

  • Effective communication and negotiating skills, both written and verbal

  • Ability to work collaboratively in a team environment

  • Proficient in using underwriting software and tools

  • Knowledge of underwriting self-funded and converting fully insured prospects into self-funded products

  • Basic computer skills including word processing, spreadsheets, database and data entry

  • Knowledge of office equipment (fax/copier)

  • Mathematical skills

Work Shift

Day (United States of America)

Location

Prisma Health Corporate Office

Facility

7002 Value-Based Care and Network Services

Department

70029344 Contracting & Network Development

Share your talent with us! Our vision is simple: to transform healthcare for the benefits of the communities we serve. The transformation of healthcare requires talented individuals in every role here at Prisma Health.


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