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Underwriter Trainee Jobs in Hawaii (NOW HIRING)

First Hawaiian, Inc.

Credit Underwriter I

Honolulu, HI · On-site

$62K - $72K/yr

First Hawaiian Bank is currently seeking an analytical and detail oriented Credit Underwriter I to join the team in the Credit department. Compensation: The pay range for the role is $62,000 - $72 ...

First Hawaiian, Inc.

Credit Underwriter I

Honolulu, HI · On-site

$62K - $72K/yr

First Hawaiian Bank is currently seeking an analytical and detail oriented Credit Underwriter I to join the team in the Credit department. Compensation: The pay range for the role is $62,000 - $72 ...

All JobsUnderwriter JobsUnderwriter Trainee JobsUnderwriter Trainee Jobs in Hawaii

Underwriter Trainee information

See Hawaii salary details

$33.8K

$82K

$144.9K

How much do underwriter trainee jobs pay per year?

As of Sep 6, 2026, the average yearly pay for underwriter trainee in Hawaii is $81,951.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,400.00 and $90,400.00 per year, depending on experience, location, and employer.

What is an underwriter trainee?

An Underwriter Trainee is an entry-level professional who learns how to evaluate risks and determine appropriate insurance coverage and premiums under the supervision of experienced underwriters. Their training involves learning about insurance policies, analyzing applications, assessing potential risks, and making recommendations based on company guidelines. This role serves as a starting point for a career in underwriting, providing foundational knowledge and practical experience in the insurance industry.

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

To thrive as an Underwriter Trainee, you need strong analytical abilities, attention to detail, and a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, risk assessment tools, and proficiency in Excel are commonly required, and industry certifications like CPCU can be advantageous. Excellent communication, problem-solving, and organizational skills help you collaborate with stakeholders and manage multiple priorities. These skills are essential to accurately assess risk, make informed decisions, and contribute to the overall profitability and integrity of the insurance company.

What are some typical challenges an underwriter trainee might encounter during their first year on the job?

As an Underwriter Trainee, one common challenge is learning to balance risk assessment with client needs, while adhering to company policies and regulatory requirements. Trainees often need to quickly develop a strong understanding of underwriting guidelines and how to apply them to real-world cases, which can be complex and varied. Additionally, adapting to a fast-paced environment and effectively collaborating with senior underwriters, brokers, and agents requires strong communication and organizational skills. Overcoming these challenges is an important part of gaining confidence and proficiency in the role.

What is the difference between Underwriter Trainee vs Underwriter?

AspectUnderwriter TraineeUnderwriter
Required CredentialsBachelor's degree, training programsExperience, certifications like CPCU or ARM often preferred
Work EnvironmentTraining programs, supervised tasksIndependent decision-making, client interaction
Employer & Industry UsageInsurance companies, entry-level rolesInsurance companies, experienced roles
Search & Comparison IntentLearning about entry-level underwriting rolesUnderstanding experienced underwriting positions

The main difference between an Underwriter Trainee and an Underwriter is experience level. Trainees are in training, focusing on learning the basics, while Underwriters have gained experience and handle complex risk assessments independently.

How do you become an underwriter trainee with no experience?

To become an underwriter trainee with no experience, candidates typically need a bachelor's degree in fields like finance, business, or economics. Entry-level roles often require strong analytical skills, attention to detail, and proficiency with computer software such as Excel; some companies may also offer training programs or on-the-job learning to develop underwriting skills.

How much do beginner underwriter trainees make?

Beginner underwriter trainees typically earn between $40,000 and $55,000 annually, depending on the industry, location, and company. Entry-level roles often include training on underwriting software and risk assessment, with salaries increasing as skills and experience grow.

What do underwriter trainees do?

Underwriter trainees assist in evaluating insurance applications by reviewing risk factors, analyzing data, and determining policy eligibility. They learn to use underwriting guidelines and may work under the supervision of experienced underwriters to develop their skills in assessing risk and making coverage decisions.

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

The most popular types of Underwriter jobs in Hawaii are:

What are popular job titles related to Underwriter Trainee jobs in Hawaii?

For Underwriter Trainee jobs in Hawaii, the most frequently searched job titles are:

What job categories do people searching Underwriter Trainee jobs in Hawaii look for?

The top searched job categories for Underwriter Trainee jobs in Hawaii are:

What cities in Hawaii are hiring for Underwriter Trainee jobs?

Cities in Hawaii with the most Underwriter Trainee job openings:

Underwriter Trainee jobs near you
Infographic showing various Underwriter Trainee job openings in Hawaii as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $81,951 per year, or $39.4 per hour.

Credit Underwriter I

First Hawaiian, Inc.

Honolulu, HI • On-site

$62K - $72K/yr

Full-time

Posted 26 days ago

First Hawaiian Bank rating

8.2

Company rating: 8.2 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

53rd of 175 rated banks

Job description


First Hawaiian Bank is currently seeking an analytical and detail oriented Credit Underwriter I to join the team in the Credit department.
Compensation:
The pay range for the role is $62,000 - $72,500/yr; commensurate with experience.
Work Schedule:
Monday - Friday 8:00AM - 5:00PM (hours may vary)
Responsibilities
The Credit Underwrtier I will prepare credit requests and annual reviews for existing credit facilities and analyze financial statements and underwrite credit requests fo the Bank's commerical customers, with a focus on low coplexity credits. The underwriting includes the assessment of credit, structural, business and financial risk of the borrower. The analysis will include spreading financial statements and preparation of cash flow to support credit underwriting and financial analysis.
Qualifications
The ideal candidate will have:
  • Bachelor's degree in Business Administration related fields; and/or equivalent work experience required
  • Bachelor's degree in Finance or Accounting preferred
  • 1 year of experience in credit analysis
  • At least 2 years of financial analysis and/or commercial lending experience preferred
  • Understanding of basic accounting principles and financial statements
  • Must be organized, detail oriented and accurate when working with numbers

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