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Underwriter Development Program Jobs in Minneapolis, MN

Socket.dev

Senior Underwriter, Surety

Minnetonka, MN · On-site

$110 - $170/hr

Systems and programs. Ability to use systems and software programs needed to conduct daily business ... Documents the underwriting files * Determines terms and conditions and complex rating plans

Burns & Wilcox

Senior Associate Underwriter

Minneapolis, MN · On-site

$102K - $121K/yr

Interest in continued education and professional development to obtain full underwriting authority ... Access to Kaufman Wellness Program * Flexible and hybrid work options About Our Company Burns ...

H.W. Kaufman Group

Senior Associate Underwriter

Minneapolis, MN · On-site

$102K - $121K/yr

Interest in continued education and professional development to obtain full underwriting authority ... Access to Kaufman Wellness Program * Flexible and hybrid work options Burns & Wilcox, the flagship ...

Tmhcc

Senior Underwriter, Accident & Health

Minnetonka, MN

$100K - $118K/yr

... assistance program, paid parental leave, 401(k) plan with Company matching contributions and ... Lead product development and refinement initiatives, including plan design and rating methodologies

PartnerRE Ltd.

Senior Underwriter, ESL

Maple Grove, MN · Hybrid

$100K - $119K/yr

... development. Take advantage of our educational assistance programs for Accounting and Actuarial ... Review underwriting information, develop rates and terms for Employer Stop Loss accounts based upon ...

PartnerRe

Senior Underwriter, ESL

Maple Grove, MN · On-site

$100K - $119K/yr

... development. Take advantage of our educational assistance programs for Accounting and Actuarial ... Review underwriting information, develop rates and terms for Employer Stop Loss accounts based upon ...

PartnerRe Ltd.

Senior Underwriter, ESL

Maple Grove, MN · On-site

$100 - $150/hr

... development. Take advantage of our educational assistance programs for Accounting and Actuarial ... Review underwriting information, develop rates and terms for Employer Stop Loss accounts based upon ...

Thrivent

Sr. Life Underwriter (Remote)

Minneapolis, MN · On-site +1

$77K - $105K/yr

Well-developed interpersonal skills - written and verbal communication, coaching and negotiation ... We accomplish this by offering a wide variety of market competitive compensation programs to ...

Allianz

Underwriter Senior - Actuary | Remote

Minneapolis, MN · On-site +1

$102K - $121K/yr

Analysis & Opinion Development: • Complete analysis of loss portfolio transfers and reinsurance ... This role is also eligible for an annual incentive program. If you are hired, your final base ...

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All JobsUnderwriter Development Program JobsUnderwriter Development Program Jobs in Minneapolis, MN

Underwriter Development Program information

See Minneapolis, MN salary details

$33.9K

$82.3K

$145.6K

How much do underwriter development program jobs pay per year?

As of Aug 22, 2026, the average yearly pay for underwriter development program in Minneapolis, MN is $82,333.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,700.00 and $90,800.00 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 Minneapolis, MN?

For Underwriter Development Program jobs in Minneapolis, MN, the most frequently searched job titles are:

What job categories do people searching Underwriter Development Program jobs in Minneapolis, MN look for?

The top searched job categories for Underwriter Development Program jobs in Minneapolis, MN are:

Underwriter Development Program jobs near you
Infographic showing various Underwriter Development Program job openings in Minneapolis, MN as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $82,333 per year, or $39.6 per hour.

Senior Underwriter, Surety

Socket.dev

Minnetonka, MN • On-site

$110 - $170/hr

Other

Posted 4 days ago

Job description

The Senior Surety Underwriter’s primary responsibility is to underwrite individual surety risks through a demonstration of the following skills and abilities:

  • Fundamental Surety Underwriting. Ability to underwrite surety credits which generate a profit for the Company while meeting the needs of the customer.
  • Risk Assessment. Ability to identify risk exposures, analyze contracts and bond forms. Ability to analyze and differentiate risks on an account specific basis. Manage underwriting meetings with customers to understand operations and internal controls.
  • Financial proficiency. Sophisticated understanding of financial statements and ratios used in surety underwriting. Understanding of the impact of underwriting decisions on company results. Ability to understand credit risk.
  • Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
  • Marketing and communications. Ability to build relationships, internally and externally, to grow the book of business to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
  • Systems and programs. Ability to use systems and software programs needed to conduct daily business.
Major Duties & Responsibilities:
  • Marketing and prospecting for new business, primarily through travelling throughout the assigned territory.
  • Travel expectations 10-25% with flexible territory options.
  • Documents the underwriting files
  • Determines terms and conditions and complex rating plans
  • Handles more complex files and portfolios
  • Guides and mentors junior staff

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

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