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Underwriter Manager Jobs in Virginia (NOW HIRING)

Manages the work activities, performance, and professional development of the underwriting department, including leading and supporting a geographically dispersed remote team. * Manage agency ...

Underwriter

Richmond, VA · On-site

$75K - $95K/yr

Your expertise will help us manage risk effectively while providing "white glove" service to our ... Underwrite commercial credit actions by reviewing financial statements, analyzing borrower risk ...

Manager, Underwriting

Glen Allen, VA · Hybrid

$128K - $197K/yr

Currently seeking an experienced Underwriting Manager who will be responsible for acquiring and retaining profitable property, casualty, and workers compensation accounts through sound underwriting ...

Manager, Underwriting

Glen Allen, VA · On-site

$128K - $197K/yr

Currently seeking an experienced Underwriting Manager who will be responsible for acquiring and retaining profitable property, casualty, and workers compensation accounts through sound underwriting ...

Captives Underwriter

Alexandria, VA · Hybrid

$124K - $199K/yr

Clinton, NY office has been added as a location This position is responsible for the successful program management of assigned Captive programs. The Captives Underwriter will develop and maintain ...

Manage andmonitorassignedbook ofbusiness to support profitability, growth, and retention goals. * Handles co-signs/referrals andmentorsnew underwriters. * Assesses alternative ways to make a risk ...

Manage andmonitorassignedbook ofbusiness to support profitability, growth, and retention goals. * Handles co-signs/referrals andmentorsnew underwriters. * Assesses alternative ways to make a risk ...

Collaborating with senior underwriters and management on account strategies and recommendations. * Building relationships with producers and brokers through communication and marketing efforts.

Associate Underwriter

Richmond, VA · On-site

$65K - $80K/yr

Collaborating with senior underwriters and management on account strategies and recommendations. * Building relationships with producers and brokers through communication and marketing efforts.

Underwriter

Fairfax, VA · On-site

$65K - $154K/yr

Underwrites FHA/VA and Conventional loan applications ensuring adherence to Company and investor ... Communicates with team members and management on outstanding requirements and conditions, as well ...

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Underwriter Manager information

See Virginia salary details

$47.6K

$102.2K

$157.1K

How much do underwriter manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for underwriter manager in Virginia is $102,198.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,300.00 and $120,000.00 per year, depending on experience, location, and employer.

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 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 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.

How much does an underwriting manager earn?

An underwriting manager typically earns between $80,000 and $150,000 annually, depending on experience, location, and the size of the organization. They often oversee underwriting teams, review risk assessments, and require strong analytical and leadership skills.

Is an underwriting manager a good job?

An underwriting manager oversees the evaluation and approval of insurance applications, managing a team of underwriters and ensuring risk assessment accuracy. The role typically offers strong job stability, competitive salaries, and opportunities for advancement, especially with relevant certifications and experience in the insurance industry.

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 Manager jobs?

Cities in Virginia with the most Underwriter Manager job openings:

Infographic showing various Underwriter Manager job openings in Virginia as of August 2026, with employment types broken down into 80% Full Time, 19% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $102,198 per year, or $49.1 per hour.

$39 - $57/hr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 8 days ago


Job description

***Note to all Arizona Candidates: Please apply to the positions labeled "Arizona" on our Careers page. All candidates who wish to work out of Arizona  must apply to the position specific to Arizona.***

AnnieMac Home Mortgage is looking to hire a Full-Time Underwriter Level 4  to be responsible for the underwriting of loans in accordance with company and investor guidelines. Candidates should have experience directly or indirectly related to the Mortgage Industry. Under the direct supervision of the Underwriting Manager the accountabilities and job activities of the Underwriter Level 4 position include, but are not limited, to the following:

  • Timely underwriting of loan credit packages and appraisals for compliance with various investor and government agency guidelines.
  • Contact with private investors and government agencies to resolve any issues or questions that may arise on loan files, programs, etc.
  • Review and analyze income from both personal and corporate tax returns.
  • Communicate decision on loans to appropriate parties both verbally and in writing.
  • Analyze loan packages for any sign of fraudulent documentation or information.
  • Work with Loan Originators to restructure questionable loans into a salable package.
  • Remain informed of all government regulations, requirements and laws for both branch and broker submissions.
  • Consult with the Processing and Closing departments to ensure that all underwriting conditions are met prior to closing the loan.
  • Review and clear all underwriting conditions prior to closing.
  • 5 years Conventional front-line underwriting.
  • FHA Direct Endorsement required.
  • VA LAPP and SAR, USDA, and/or Jumbo required.
  • Pass pre-hire assessment.
  • Complete new hire training including underwriting of test cases and second level review of “live” loans.
  • Knowledge of various investor guidelines and requirements.
  • Minimum of 20 mbps download and 3 mbps upload internet bandwidth speeds are required.

AnnieMac Home Mortgage offers a wide range of benefits, including medical, dental and vision plans, along with voluntary benefits, including 401K.

***AnnieMac Home Mortgage participates in E-Verify***

***AnnieMac Home Mortgage is an Equal Opportunity Employer***