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Underwriter Intern Jobs in Virginia (NOW HIRING)

Underwriter Intern information

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$10

$18

$33

How much do underwriter intern jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for underwriter intern in Virginia is $18.68, according to ZipRecruiter salary data. Most workers in this role earn between $14.28 and $19.33 per hour, depending on experience, location, and employer.

What does an underwriter intern do?

An Underwriter Intern assists underwriters in evaluating risks for insurance policies or loans by analyzing financial records, assessing applications, and reviewing relevant data. They may help gather information, conduct research, and prepare reports to support decision-making. Interns also gain firsthand experience with underwriting guidelines, industry regulations, and risk assessment strategies. This role provides valuable exposure to the underwriting process and helps develop analytical and decision-making skills for a future career in underwriting.

What types of projects or tasks do underwriter interns typically handle during their internship?

Underwriter Interns are usually involved in assisting with risk assessments, reviewing client documentation, analyzing data to support underwriting decisions, and preparing reports for senior underwriters. Interns may also participate in team meetings, work cross-functionally with other departments such as claims or sales, and learn to use industry-specific software tools. These experiences help interns gain a thorough understanding of underwriting processes and industry best practices. The variety of projects provides valuable on-the-job training and exposure to real-world challenges faced by underwriting teams.

What are the key skills and qualifications needed to thrive in the underwriter intern position, and why are they important?

To thrive as an Underwriter Intern, you need strong analytical and quantitative skills, attention to detail, and preferably coursework or experience in finance, business, or statistics. Familiarity with tools like Microsoft Excel, underwriting software, and sometimes exposure to industry databases is beneficial. Effective communication, eagerness to learn, and collaboration are important soft skills in this setting. These abilities enable interns to accurately assess risk, contribute to team decisions, and build a solid foundation for a career in underwriting.

What are the most commonly searched types of Underwriter jobs in Virginia?

The most popular types of Underwriter jobs in Virginia are:

What cities in Virginia are hiring for Underwriter Intern jobs?

Cities in Virginia with the most Underwriter Intern job openings:

Infographic showing various Underwriter Intern job openings in Virginia as of August 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $38,857 per year, or $18.7 per hour.

Multifamily Business Intern - Summer 2027

Mclean, VA


Freddie Mac
Finance and Insurance • 5 - 10K employees

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Good employer

Respectful managers

Learn new skills


$32/hr

Full-time

Posted yesterday

New


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

We are accepting applications for this position until 10/16/2026

Position Overview:

The Multifamily Division within Freddie Mac is searching for curious, motivated, and collaborative individuals to support the division's objectives, projects, and strategic initiatives.

Freddie Mac Multifamily is a dynamic organization that provides interns with meaningful opportunities to gain exposure across the business while developing both technical and professional skills. As a Multifamily Business Intern, you will work on real-world projects, interact with professionals across the organization, and develop a deeper understanding of the Multifamily housing finance industry. This internship offers an opportunity to build business acumen, strengthen communication skills, and gain experience working in a mission-driven organization that supports housing affordability nationwide.

Our Impact:

Freddie Mac Multifamily helps deliver an ample supply of affordable rental housing by purchasing mortgages secured by apartment buildings with five or more units. We provide liquidity to the multifamily housing market by purchasing loans from lenders nationwide and securitizing them to support continued housing finance availability.
Our financing supports communities across the country-from large metropolitan areas to smaller markets-and serves a diverse population of renters, including students, working families, seniors, and underserved communities.

Your Impact:
  • Engage with team members across the organization to develop a broad understanding of Multifamily business operations and how different teams contribute to Freddie Mac's mission.
  • Support business initiatives through research, analysis, reporting, project execution, and operational activities.
  • Develop professional writing skills by preparing briefs, summaries, presentations, and other business materials.
  • Assist with projects involving risk analysis, deal execution, loan accounting, portfolio management, reporting, and business operations.
  • Collaborate with cross-functional teams to solve business challenges and contribute innovative ideas.
  • Build relationships with colleagues throughout the organization and gain exposure to the responsibilities of a full-time business professional
  • Take ownership of assignments and progressively develop the ability to work independently throughout the internship.
  • Seek out new challenges, ask thoughtful questions, and contribute to team success through initiative and curiosity.

You will have the opportunity to support projects across a variety of Multifamily functions, including:

  • Asset Management and Operations
  • Capital Markets
  • Advanced Insights & Reporting
  • Operational Risk
  • Portfolio & Risk Management
  • Production & Sales
  • Underwriting & Credit
Qualifications:
  • Pursuing a bachelor's degree in Business Administration, Finance, Accounting, Economics, Marketing, Information Technology, Real Estate, Mathematics, Statistics, or a related field.
  • Expected graduation date of December 2027 - May 2028.
  • Proficiency with Microsoft Office applications, including Word, Excel, and PowerPoint.
  • Strong written and verbal communication skills.
  • Demonstrated leadership, volunteer involvement, campus activities, work experience, or other extracurricular participation is a plus.
Keys to Success in this Role:
  • Curiosity and a genuine desire to learn about the business and industry.
  • Strong written communication and business writing skills.
  • Ability to build relationships, collaborate effectively, and work across teams .
  • Strong interpersonal, verbal, and presentation skills.
  • Attention to detail and commitment to producing high-quality work.
  • Humility, openness to feedback, and confidence in asking questions.
  • Critical thinking and problem-solving abilities.
  • Ability to learn new concepts quickly and adapt to changing priorities.
  • Initiative and increasing independence in completing assignments.
  • A positive attitude and willingness to seek opportunities for growth and development.
  • Adaptability and openness to new tools, technologies, and ways of working.

Interns are paid at a set, non-negotiable hourly rate.The hourly rate for this role is $32/hr.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full timeFLSA Status:Non-Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $54,000 - $82,000 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.Employment Type: FULL_TIME

Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970


What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

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