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Underwriter Trainee Jobs in Virginia (NOW HIRING)

New Horizon Bank

Underwriter

Richmond, VA · On-site

$75K - $95K/yr

New Horizon Bank is looking for an Underwriter III to play a critical role in evaluating and approving loan applications and ensuring compliance with bank policies and regulatory requirements. Your ...

The Hartford

Captives Underwriter

Alexandria, VA · Hybrid

$124K - $199K/yr

Senior Executive Underwriter - UW07CCExecutive Underwriter - UW07CD We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.

Berkley

Garage Underwriter

Glen Allen, VA · On-site

As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your expertise to make ...

Berkley

Garage Underwriter

Glen Allen, VA · On-site

Responsibilities As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your ...

Berkley

Garage Underwriter

Glen Allen, VA · On-site

Responsibilities As a Garage Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-risk garage accounts. With some managerial direction, you will utilize your ...

Brookfield

Sr Underwriter

Richmond, VA

$7.5K - $110K/yr

The Senior Underwriter serves as a trusted resource to agents and internal partners, provides guidance on unusual or higherhazard accounts, and supports underwriting consistency through mentoring ...

Brookfield

Senior Underwriter

Richmond, VA

$97K - $115K/yr

The Senior Underwriter serves as a trusted resource to agents and internal partners, provides guidance on unusual or higherhazard accounts, and supports underwriting consistency through mentoring ...

Diedre Moire Corp.

Surety Underwriter

Ashburn, VA · On-site

$140K - $250K/yr

Underwriting Manager Commercial Surety - Ashburn, VA Surety Underwriter Underwriting Surety Insurance Contract Surety Bonds Construction Surety Commercial Insurance License & Permit bonds Bid ...

Kinsale Insurance

Associate Underwriter

Richmond, VA

$65K - $80K/yr

Launch Your Career in Underwriting with a Top-Performing E&S Insurer Are you a recent college graduate or career changer ready to build a rewarding future in insurance? Join Kinsale Insurance, a ...

Diedre Moire Corp.

Surety Underwriter

Blacksburg, VA · On-site

$140K - $250K/yr

Surety Underwriter Account Manager - Blacksburg, VA Surety Underwriter Underwriting Surety Insurance Contract Surety Bonds Construction Surety Commercial Insurance License & Permit bonds Bid ...

Atlantic Coast Mortgage

Underwriter

Fairfax, VA · On-site

$65K - $154K/yr

Underwrites FHA/VA and Conventional loan applications ensuring adherence to Company and investor credit quality standards * Maintain ACM mandated turn times for new reviews and conditions * Analyzes ...

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All JobsUnderwriter JobsUnderwriter Trainee JobsUnderwriter Trainee Jobs in Virginia

Underwriter Trainee information

See Virginia salary details

$32.2K

$78.2K

$138.3K

How much do underwriter trainee jobs pay per year?

As of Aug 4, 2026, the average yearly pay for underwriter trainee in Virginia is $78,202.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,500.00 and $86,300.00 per year, depending on experience, location, and employer.

How much does an underwriter trainee earn?

An underwriter trainee typically earns between $40,000 and $55,000 annually, depending on location, industry, and experience. Entry-level positions may start lower, but with training and skill development, salaries can increase as they gain underwriting knowledge and certifications.

How much do beginner underwriters make?

Entry-level underwriters typically earn between $45,000 and $60,000 annually, depending on location and industry. Starting salaries may increase with relevant certifications, such as the Chartered Property Casualty Underwriter (CPCU), and experience with underwriting software and risk assessment. Compensation can also vary based on the employer and the complexity of the policies handled.

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 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.

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 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.

How do I become an underwriter trainee with no experience?

To become an underwriter trainee with no experience, candidates typically need a high school diploma or equivalent; some employers prefer or require a bachelor's degree in fields like finance, business, or economics. Entry-level positions often provide on-the-job training, and developing skills in analysis, attention to detail, and familiarity with underwriting software can improve chances. Certifications such as the Associate in Commercial Underwriting (ACU) or similar can also enhance prospects for advancement.
What are the most commonly searched types of Underwriter jobs in Virginia? The most popular types of Underwriter jobs in Virginia are:
What are popular job titles related to Underwriter Trainee jobs in Virginia? For Underwriter Trainee jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Underwriter Trainee jobs in Virginia look for? The top searched job categories for Underwriter Trainee jobs in Virginia are:
What cities in Virginia are hiring for Underwriter Trainee jobs? Cities in Virginia with the most Underwriter Trainee job openings:
Underwriter Trainee jobs near you
Infographic showing various Underwriter Trainee job openings in Virginia as of July 2026, with employment types broken down into 92% Full Time, 4% Part Time, and 4% Contract. Highlights an 84% In-person, 5% Hybrid, and 11% Remote job distribution, with an average salary of $78,202 per year, or $37.6 per hour.

Underwriter

New Horizon Bank

Richmond, VA • On-site

$75K - $95K/yr

Full-time

Posted 19 days ago

Job description

Job Type
Full-time
Description
New Horizon is not just another bank; it is a dynamic, forward-thinking financial institution committed to redefining the banking relationship through our relentless pursuit of curiosity, boundless creativity, and unwavering dedication to innovation. Our team is comprised of passionate individuals who are constantly seeking new ways to enhance our services and create exceptional experiences for our customers. From developing innovative financial products to implementing cutting-edge technologies, we are committed to finding creative solutions that address the evolving needs of our clients in today's integrated and fast-paced world. Join us on our journey as we continue to explore new horizons, challenge conventions, and redefine the future of banking.
New Horizon Bank is looking for an Underwriter III to play a critical role in evaluating and approving loan applications and ensuring compliance with bank policies and regulatory requirements. Your expertise will help us manage risk effectively while providing "white glove" service to our clients.
You know you are the right candidate for this role if:
  • You love balancing risk mitigation with opportunity.
  • You can apply a creative approach to loan structuring - increasing the chances of closing the loan.
  • You possess exceptional judgement, strong strategic and critical thinking skills, and you like to solve problems collaboratively.
  • You are an action oriented, outcomes-driven leader.

What you'll spend your time doing:
Underwriting:
  • Underwrite commercial credit actions by reviewing financial statements, analyzing borrower risk ratings, and recommending appropriate loan structuring.
  • Collaborate with loan officers and other team members to gather additional information and clarify borrower details.
  • Ensure all parties are kept informed of underwriting progress and outcomes.
  • Communicate decisions and recommendations clearly and effectively to both internal and external stakeholders.
  • Provide guidance and support to teammates on underwriting procedures and information needs.
  • Prepare detailed reports and documentation to support underwriting decisions.

Analysis:
  • Source, compile, and interpret financial data to support the structuring and approval of loans.
  • Review industry information, key risks, mitigants, and collateral to form a comprehensive business overview of the borrower.
  • Utilize analysis results to underwrite commercial loans effectively.
  • Prepare credit analysis documentation and servicing information.

Risk Management:
  • Identify and evaluate risks associated with new and existing commercial credit requests and relationships through thorough review and analysis.
  • Collaborate with Bank associates and partners to address risk issues, communicate review schedules, and manage changes in the commercial portfolio.
  • Assist in coordinating review and renewal schedules for existing credits, supporting ongoing risk identification and management.
  • Ensure all underwriting decisions align with the bank's credit policies and procedures.

Business Support:
  • Identify cross-sales opportunities for new and existing relationships based on analytical activities.
  • Partner with associates and clients to determine needs and structure new requests, renewals, and modifications.
  • Maintain up-to-date knowledge of industry regulations, market trends, and best practices.

Requirements
  • Bachelor's degree in Finance, Business Administration, or a related field.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proficiency in underwriting software and Microsoft Office Suite.
  • Strong understanding of underwriting principles, credit analysis, and risk management.
  • Minimum of 7 years of underwriting experience, with a focus on commercial loans, minimum 10 years preferred.
  • Effective communication and interpersonal skills, with the ability to interact confidently with senior management and regulatory authorities.

Salary Description
75,000-95,000

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