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Underwriter Trainee Jobs in Reston, VA (NOW HIRING)

Senior Production Underwriter

Washington, DC · Remote

$111K - $131K/yr

We are a team of seasoned underwriting and claim professionals, well versed in the nuances of our two niches. Our specialized expertise has enabled us to maintain a stable approach to the market for ...

Insurance Underwriter

Darnestown, MD · On-site

$100K - $300K/yr

Public Entity - Municipalities Insurance Underwriter - Germantown, MD Public Entities Insurance Underwriter Specialty Program Excess Surplus Commercial Lines Program Underwriter _ . REMOTE WORK FROM ...

Senior Underwriter

Bethesda, MD · On-site

$122K - $144K/yr

The Senior Underwriter will be responsible for ensuring profitable growth of book of business by appropriately evaluating the acceptability of risks. Builds relationships with members and brokers to ...

THE IMPACT YOU WILL MAKE The Multifamily Underwriter - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the ...

As a member of the multifamily underwriting team, this role plays a critical part in managing loan transactions from initial screening through final approval. You'll work closely with clients, Agency ...

As a member of the multifamily underwriting team, this role plays a critical part in managing loan transactions from initial screening through final approval. You'll work closely with clients, Agency ...

Senior Mortgage Underwriter

Reston, VA · On-site

$121K/yr

A Senior Mortgage Underwriter will take responsibility for the daily underwriting processes for our Conventional, FHA and VA loans. Your attention to detail will have a direct impact on our customers ...

Underwrite loans for compliance with investor and/or agency guidelines. * Submit loans through an automated underwriting system for a decision. * Approve or pend loans; present appropriate loans ...

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Underwriter Trainee information

See Reston, VA salary details

$33.8K

$82.1K

$145.1K

How much do underwriter trainee jobs pay per year?

As of Aug 21, 2026, the average yearly pay for underwriter trainee in Reston, VA is $82,062.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,500.00 and $90,500.00 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 Reston, VA?

The most popular types of Underwriter jobs in Reston, VA are:

What are popular job titles related to Underwriter Trainee jobs in Reston, VA?

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

What job categories do people searching Underwriter Trainee jobs in Reston, VA look for?

The top searched job categories for Underwriter Trainee jobs in Reston, VA are:

What cities near Reston, VA are hiring for Underwriter Trainee jobs?

Cities near Reston, VA with the most Underwriter Trainee job openings:

Infographic showing various Underwriter Trainee job openings in Reston, VA as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $82,062 per year, or $39.5 per hour.

Full-time

Re-posted 3 days ago


Job description

Company Description

Our client, one of the top affordable housing lenders and investors nationwide, has a unique opportunity for a FHA MAP Underwriter with a strong focus on affordable transactions and 3-5 years' experience to join their growing FHA platform. 

Job Description

The MAP Underwriter will be primarily responsible for underwriting and submitting assigned financing applications to the Department of Housing and Urban Development (HUD) in accordance with its MAP Guide, related HUD guidelines, Bank procedures and regulatory guidelines. They will also be responsible for assisting with the preliminary screening of new deals coming into the bank.

Qualifications

Deal Structuring: The Underwriter should understand the use of FHA with LIHTC equity, tax-exempt bond financing, and subordinate financing.

Economic Feasibility Analysis:  This includes all components of net operating income (NOI), proposed cost estimates and anticipated lease-up, as applicable. Candidate should have a working knowledge of affordable housing programs including LIHTC, HOME, RAD, HAP contracts and vouchers, ability to research and understand other federal and state programs and apply appropriately to FHA MAP lending guidelines. In addition, the underwriter should be able to understand and apply guidelines related to tax abatement programs and ground leases typical in the affordable housing arena.

Appraisal Analysis and Review: The Underwriter will participate in the process of selecting and working with approved third-party appraisers. They will be responsible for review of the appraisal and related forms and for working with the appraiser to develop an accurate final appraisal. 

PCNA/AEC Review/Environmental: The Underwriter will participate in the selection process and work with the third-party toward a final product that meets all HUD guidelines and accurately reflects the transaction.

Mortgage Credit Analysis: Utilizing HUD application documents and other Bank information, Underwriter must be able to analyze credit documentation, including REO schedules, to determine ownership structure and Active Principals, credit worthiness as well as capacity issues and other risks/mitigates to HUD and BANA. The Underwriter should understand the analysis required of LIHTC investors in affordable transactions as well as how to analyze non-profit financial statements and review non-profits.

Underwriter's Narrative, Site Visit, Concept Meeting and HUD Forms:  Underwriter is responsible, in conjunction with other team members, for completing the Underwriter's Narrative and required HUD forms pursuant to HUD guidelines. Underwriter is also responsible for conducting the site inspection and if applicable, preparing a concept meeting package and attending concept meeting with Borrower. 

Primary contact for HUD on a transaction basis: The Underwriter will serve as the primary HUD contact maintaining a positive relationship throughout.

Facilitate Closing, as needed:  Work closely with third-party closer/servicer, attorneys and HUD to facilitate closing.

Travel required for site inspections, conferences, and meetings (20%)

EDUCATION/ EXPERIENCE

MAP Certified (LEAN not required)

3 -5 years of FHA lending experience or equivalent including affordable housing lending

B.S./Master's degree in Accounting, Finance, Economics, Real Estate or other related field


Additional Information

All your information will be kept confidential according to EEO guidelines.


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About ZenTech Consulting

Sourced by ZipRecruiter

Working with ZenTech Consulting offers potential applicants a unique experience versus a traditional job search. Choosing to begin your job search with ZenTech gives you immediate access to positions at leading companies that partner with us. The opportunity to work with a professional recruiter to identify your strengths, skills and how to apply your prior work experience are some of the immediate benefits to working with us. In addition, your recruiter will share important details about a position and provide interview tips so that you can effectively demonstrate your skills and expertise to hiring managers. By working with ZenTech Consulting, you can also build your network of connections and increase the number and variety of jobs you qualify for. Our service is completely free and you receive the added benefit of working with a recruiter that specializes in your industry. Our recruiters will identify available positions that fit your skills, personality and career goals as well as guide you through the hiring process.

Industry

Recruiting and staffing services

Company size

11 - 50 Employees

Headquarters location

Tampa, FL, US

Year founded

2011

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