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Underwriter Manager Jobs in Delaware (NOW HIRING)

M&T Bank

Business Banking Underwriter I

Wilmington, DE · On-site

$24.87 - $41.45/hr

Interact with loan underwriters, bank office managers, various SBA personnel, and external customers throughout the underwriting process. Research M&T Bank systems for the status of loan and deposit ...

M&T Bank

Business Banking Underwriter I

Wilmington, DE · On-site

$24.87 - $41.45/hr

Interact with loan underwriters, bank office managers, various SBA personnel, and external customers throughout the underwriting process. Research M&T Bank systems for the status of loan and deposit ...

CVS Health

... underwriter and Aetna's underwriting organization. This program serves as one of the primary ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

CVS Health

... underwriter and Aetna's underwriting organization. This program serves as one of the primary ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

CVS Health

... underwriter and Aetna's underwriting organization. This program serves as one of the primary ... Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)

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All JobsUnderwriter JobsUnderwriter Manager JobsUnderwriter Manager Jobs in Delaware

Underwriter Manager information

See Delaware salary details

$48K

$103.2K

$158.6K

How much do underwriter manager jobs pay per year?

As of Aug 5, 2026, the average yearly pay for underwriter manager in Delaware is $103,171.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,100.00 and $121,100.00 per year, depending on experience, location, and employer.

How much does an underwriter manager earn?

An underwriter manager typically earns between $80,000 and $130,000 annually, depending on experience, location, and the size of the organization. They often oversee underwriting teams, review complex policies, and require strong analytical and leadership skills.

What does an underwriter manager do?

An Underwriter Manager oversees a team of underwriters who evaluate and assess the risk of insuring clients or approving loans. They are responsible for ensuring that underwriting guidelines and compliance standards are met, reviewing complex cases, and making final decisions on high-value or high-risk applications. Additionally, they train and mentor staff, implement process improvements, and collaborate with other departments to optimize risk management strategies. Their role is vital in maintaining profitability and minimizing losses for the organization.

What are the key skills and qualifications needed to thrive as an underwriter manager?

To thrive as an Underwriter Manager, you need a strong background in risk assessment, underwriting policies, and financial analysis, typically supported by a bachelor's degree in finance, business, or a related field. Expertise with underwriting software, risk management platforms, and familiarity with industry certifications such as CPCU or ARM are commonly expected. Leadership, decision-making, and effective communication skills set top performers apart by enabling them to guide teams and negotiate with stakeholders. These skills ensure sound risk evaluation, regulatory compliance, and efficient team management, which are critical for organizational profitability and growth.

What is the difference between Underwriter Manager vs Underwriter?

AspectUnderwriter ManagerUnderwriter
ResponsibilitiesOversees underwriting teams, develops policies, manages risk assessment strategiesPerforms individual risk assessments, approves or rejects insurance applications
CredentialsTypically requires a relevant insurance or finance certification, experience in underwritingRequires similar certifications, often with less managerial experience
Work EnvironmentManagement meetings, team supervision, strategic planningAnalyzing applications, assessing risks, making underwriting decisions
Industry UsageCommon in insurance companies, financial institutionsWidespread across insurance, reinsurance, and financial sectors

The main difference between an Underwriter Manager and an Underwriter is that the manager oversees the underwriting team and strategic processes, while the underwriter focuses on individual risk assessment and decision-making. Both roles require similar credentials, but the manager has additional leadership responsibilities.

Is an underwriting manager a good job?

An underwriting manager oversees the evaluation and approval of insurance applications, managing teams and ensuring risk assessment accuracy. The role typically offers a competitive salary, opportunities for advancement, and requires strong analytical, leadership, and communication skills. Job satisfaction depends on individual interests in risk management and leadership responsibilities.

What are some common challenges faced by underwriter managers when overseeing a team of underwriters?

Underwriter Managers often face challenges such as balancing workload distribution among team members, ensuring consistent application of underwriting guidelines, and keeping up with regulatory changes. They must also mentor junior underwriters, handle escalated cases, and foster collaboration between underwriting, sales, and compliance departments. Effective communication and adaptability are key, as Underwriter Managers need to support team development while meeting organizational targets and maintaining risk standards.
What are the most commonly searched types of Underwriter jobs in Delaware? The most popular types of Underwriter jobs in Delaware are:
What cities in Delaware are hiring for Underwriter Manager jobs? Cities in Delaware with the most Underwriter Manager job openings:
Underwriter Manager jobs near you
Infographic showing various Underwriter Manager job openings in Delaware as of July 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $103,171 per year, or $49.6 per hour.

Business Banking Underwriting Manager

WSFS Bank

Wilmington, DE • On-site

$111K - $183K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 12 days ago

WSFS Bank rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

23rd of 170 rated banks

Job description

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.


The Business Banking Underwriting Manager is responsible for underwriting business purpose loans of $3 million or less under the guidance of Loan Policy, ensuring the Bank's standard of risk/credit quality and associated procedures are met. The incumbent will review, analyze, underwrite as needed, and render loan decisions for applications for Small Business, Business Banking, and periodic SBA loan originations. In addition, the incumbent will lead a Team of underwriters who will be responsible for review and credit decision similarly sized conventional Small Business and Business Banking credits, as well as assisting all relevant Business Banking Staff.

Job Responsibilities:

  • Manage end-to-end underwriting processes for Business Banking Loan originations, ensuring adherence to Bank Policy.
  • Review and/or underwrite (as needed) complex loan structures, eligibility, financial information etc. for credit worthiness/loan decisioning and Institutional alignment.
  • Provide daily leadership and management for a Team of 4-10 Associates.
  • Provide training, development, and opportunities to Business Banking Staff.
  • Identify key efficiency enhancements and cross-training/collaboration opportunity(s).
  • Partner with leadership on broad bank initiatives as well as committee presentations and periodic portfolio assessments/audit.
  • Identify process enhancements, operationalize new procedures, products, portfolio analysis etc.
  • Ensure credit pipeline and decisioning management to Department SLAs.
  • Coach and Lead team of underwriters and demonstrates understanding of complex Conventional loan structures.
  • Collaborate and work with Underwriters, Relationship Managers, and Closers for loans in origination, post-approval and to closing queue.
  • Review loans for, Small Business, Business Banking, and potential SBA loans.
  • Responsible for Bank Compliance for Small Business and Business Banking.
  • Assist with Audits and Compliance requests.
  • Assist Leadership is supporting business and strategic initiatives.
  • Focus efforts with Leadership to develop strategy, recommendations etc. for improving efficiency, productivity, and quality of work within the Business Banking Team.

Minimum Requirements:

  • Must have a bachelor's degree, or equivalent credit training/certifications and/or work experience.
  • Must have a minimum of 10 years of credit review experience, preferably underwriting Conventional Business Banking loans.
  • Must possess a strong background reviewing personal and business financial statements, with proven ability to render sound credit decision on own authority.
  • Must have a strong knowledge in business credit underwriting and analysis.
  • Proficiency in Excel is required.
  • Knowledge of loan origination systems (nCino and/or related), reporting, dashboards etc.
  • Must possess excellent oral and written communications skills to interact with both internal and external customers.
  • Must have strong PC spreadsheet skills and excellent analytical skills.
  • Requires independent thinking in collaboration with other professionals to address proper loan structure(s) and effectively measure credit/risk and client profile evaluation/outcome.
  • Must have thorough knowledge of credit and regulatory policy(s).

Salary Range:

$111,440.00 - $183,082.25

Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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