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Underwriter Trainee Jobs in Utah (NOW HIRING)

You are responsible for independently underwriting all credit requests and analyzing the repayment capacity of new applicants and existing obligors. You may recommend loan structures, terms ...

Your Impact at GEICO As a Field Auto Damage Trainee, you'll provide reassurance and solutions that ... Valid driver's license that meets company underwriting guidelines required. * Core Skills: * Strong ...

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... a full underwriter after a training period to be determined on a case-by-case basis based on applicant's experience and potential. Duties and Responsibilities: · Evaluate new submissions to ...

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Underwriter Trainee information

See Utah salary details

$29.6K

$71.8K

$127K

How much do underwriter trainee jobs pay per year?

As of Sep 4, 2026, the average yearly pay for underwriter trainee in Utah is $71,809.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,500.00 and $79,200.00 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 Utah?

The most popular types of Underwriter jobs in Utah are:

What cities in Utah are hiring for Underwriter Trainee jobs?

Cities in Utah with the most Underwriter Trainee job openings:

Infographic showing various Underwriter Trainee job openings in Utah as of August 2026, with employment types broken down into 83% Full Time, 14% Part Time, 2% Contract, and 1% Nights. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $71,809 per year, or $34.5 per hour.

Commercial Loan Underwriter

AgileCap

Park City, UT • On-site

Full-time

Re-posted 1 hour ago


Job description

Company Description
AgileCap is a growing entrepreneurial company based in Park City, UT. The company has lent millions in capital funding to insurance agencies since it began in 1998. Initially launched as Commissions Funding Group, the business was transitioned to AgileCap in 2014. AgileCap's only goal is to serve as the premier lending expert for companies in the insurance industry. This includes small-to-mid-sized insurance sales organization and intermediaries like Manager General Agencies, Brokerage General Agencies, Insurance TPAs, Franchisers and Associations. Few traditional lenders will help insurance businesses with flexible loans, mainly because they don't see that sufficient collateral exists. AgileCap uses its sophisticated understanding of the insurance commission structure to collateralize an agency's future commissions. This gives us the advantages of quick turnaround, total flexibility in loan structure, and competitive finance terms. These advantages are complimented by personalized service and agency-tailored support, the hallmarks of our business practice.
Job Description
our Commercial Loan Underwriter, you will provide support to lending teams in the origination and servicing of credit relationships. You are responsible for independently underwriting all credit requests and analyzing the repayment capacity of new applicants and existing obligors.
You may recommend loan structures, terms, covenants, and risk ratings. Additionally, you may support the monitoring of borrower compliance with approved terms, portfolio management, and assisting in the administration of credit relationships. Analysts will be proficient in spreading financial statements and underwriting a variety of industries, loan products, and collateral types, including, but not limited to: nonprofit, owner-occupied real estate, multifamily income properties, commercial investor real estate, accounts receivable and inventory, and equipment.
Duties and Responsibilities
  • Analyze the financial condition and creditworthiness of businesses and individuals
  • Evaluate the quality and sufficiency of the collateral and sources of repayment
  • Assess the appropriateness of credit structures for new loan and renewal requests and recommend risk ratings
  • Prepare loan approval request memos in cooperation with Relationship Managers and participate in presentations to the approving authorities as needed
  • Act as a control point in the loan approval process to ensure adherence to bank procedures, credit policies, and loan covenants
  • Provides excellent customer service with all parties, including selling banks/financial institutions, borrowers and co-workers.
  • Assist Relationship Managers and Loan Operations staff in loan closing activities
  • Provide post-funding analytical and monitoring support of credit relationships and portfolio maintenance, as needed
  • Assists with audits and credit examinations, portfolio and borrower stress testing, and risk rating reviews

Qualifications
Requirements and Qualifications
  • 1+ years of underwriting and portfolio management
  • Experienced in a banking environment
  • Proficiency with financial and accounting concepts and interpretation of financial statements
  • Excellent written and verbal communication skills
  • Computer literacy in Microsoft Word and Excel
  • Demonstrated ability to work independently and balance multiple work assignments while meeting deadlines
  • Professional demeanor and ability to deal effectively with people and work across departments
  • Highly motivated, inquisitive, detailed oriented, and adaptive to change

Additional Information
If you have these qualifications and are looking for a great opportunity we want to meet you. We offer a competitive base salary, healthy benefit package and generous bonus program but most of all the ability to contribute to a team and learn and grow with our company.
All your information will be kept confidential according to EEO guidelines.