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Underwriter Development Program Jobs in Red Bank, NJ

Jencap

Program Underwriter-Construction

Red Bank, NJ · On-site

... program management. The common thread woven throughout our success story is our collaborative and ... development opportunities to have a successful career. Our Underwriters are responsible for ...

Jencap

Program Underwriter-Construction

Red Bank, NJ · On-site +1

... program management. The common thread woven throughout our success story is our collaborative and ... development opportunities to have a successful career. Our Underwriters are responsible for ...

Jencap

Program Underwriter-Construction

Red Bank, NJ · On-site +1

Underwrite construction book of business in General Liability and Auto programs utilizing sound ... in the development and implementation of new marketing strategies. * Appropriate and timely ...

Citigroup, Inc.

Underwriter

New York, NY · On-site

$122K - $130K/yr

Monitoring the developments of underlying collateral and relevant credit trends of the portfolio ... and wellness programs. Citi also offers paid time off packages, including planned time off ...

Relm Insurance

Financial Lines Underwriter

New York, NY · On-site

Review underwriting data, market intelligence, and industry developments to identify emerging ... With us, you'll launch industry-first programs within an environment designed to be antithetical to ...

Ryan Specialty

AVP, Cyber Underwriter

New York, NY · On-site

$168K - $210K/yr

The role contributes to the development of practice objectives, business targets, identifies ... Develops insured specific risk transfer programs, gathers pertinent underwriting information ...

HUB

Senior Underwriter

New York, NY · 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 ...

HUB International Limited

Senior Underwriter

New York, NY · 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 ...

AIG

Underwriter, Political Violence

New York, NY

$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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All JobsUnderwriter Development Program JobsUnderwriter Development Program Jobs in Red Bank, NJ

Underwriter Development Program information

See Red Bank, NJ salary details

$33.4K

$80.9K

$143.2K

How much do underwriter development program jobs pay per year?

As of Aug 4, 2026, the average yearly pay for underwriter development program in Red Bank, NJ is $80,948.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,600.00 and $89,300.00 per year, depending on experience, location, and employer.

Is it hard to get a job in underwriting?

Getting a job in underwriting can be competitive, often requiring relevant education such as a degree in finance, economics, or related fields, along with strong analytical skills. Entry-level positions may be accessible with internships or certifications like the Chartered Property Casualty Underwriter (CPCU), but advancing in the field typically involves gaining experience and developing industry-specific knowledge.

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 the career progression for underwriter development program?

The Underwriter Development Program typically leads to roles such as underwriter, senior underwriter, and underwriting manager, with progression based on performance, experience, and skill development. Participants often gain expertise in risk assessment, insurance policies, and industry tools, which can open opportunities for specialization or leadership positions within the underwriting field.

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 are popular job titles related to Underwriter Development Program jobs in Red Bank, NJ? For Underwriter Development Program jobs in Red Bank, NJ, the most frequently searched job titles are:
What job categories do people searching Underwriter Development Program jobs in Red Bank, NJ look for? The top searched job categories for Underwriter Development Program jobs in Red Bank, NJ are:
Underwriter Development Program jobs near you
Infographic showing various Underwriter Development Program job openings in Red Bank, NJ as of July 2026, with employment types broken down into 100% Full Time. Highlights an 33% In-person, and 67% Remote job distribution, with an average salary of $80,948 per year, or $38.9 per hour.

Program Underwriter-Construction

Jencap

Red Bank, NJ • On-site

Full-time

Medical, Retirement

Re-posted 14 hours ago

Job description

Why Jencap?We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture - with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.
Our Underwriters are responsible for managing and growing a book of profitable Construction business consisting of Commercial General Liability and Excess Liability insurance policies. This role requires experience and judgement to analyze acceptability of risk, rate, quote, bind and service policies within underwriting guidelines while retaining producer relationships.
The Experienced Underwriter will work in our Red Bank, NJ office OR Can work remotely in the Greater NY or NJ area with time in office for meetings.
Responsibilities:
  • Underwrite construction book of business in General Liability and Auto programs utilizing sound judgment and discretion as well as relying on underwriting policies and guidelines, rating, rules and insurance laws and regulations.
  • Reviews, evaluates, markets and/or prices new and renewal applications, endorsements, and related documents within company/agency granted authority.
  • Ensure delivery, follow-up and servicing requirements of all new business and renewal accounts. Provide technical underwriting support for assigned accounts/agencies within the team as well as making individual underwriting decisions on referred accounts.
  • Accept, reject, classify, price, and bind insurance risks within granted underwriting authority. Also, broker/recommend to company underwriters beyond any authority grants. Prepare submissions for rating and handling by the staff. Effectively market and negotiate with brokers and insurance companies on individual accounts. Effective and timely communication to pursue opportunities.
  • Effectively communicate with agent or broker clients, company underwriters, internal staff, and management to obtain additional information, quote rates, present proposals, explain company underwriting policies and coverage offerings, as well as servicing existing accounts.
  • Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
  • Assist in the development and implementation of new marketing strategies.
  • Appropriate and timely response to questions posed by brokers, clients, underwriters, and other team members.
  • Coordinate tasks with third party vendors including inspections, audits, and contract review services.
  • Visit brokers and company clients to enhance relationships and improve production opportunities up to and including attending trade conventions.
  • Coordinate with third party vendors including inspections, audits, and contract review services.

Requirements:
  • Bachelor's Degree or equivalent relevant work experience.
  • Three plus years of construction related underwriting experience or experience with GL and construction highly preferred.
  • Demonstrated ability to build relationships with both agencies and carriers.

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap also offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement. Jencap is an emerging and rapidly growing leader in the industry and as such, we approach talent acquisition as an opportunity to identify the best talent. Therefore, the level of the role and compensation may vary depending upon the best available candidate.
Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You're in the right place.
Jencap is dynamic, bold, tenacious, and trusted in the industry. Here, you are not just one of the many, you are one of us. We truly are better together.
Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.

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