ZipRecruiter

Log In

1

Underwriter Trainee Jobs in Riverside, CA (NOW HIRING)

NEWMARK

Sr. Underwriter

Irvine, CA · On-site

$105K - $125K/yr

The Underwriter's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated ...

Chubb

Senior Underwriter, Technology

Irvine, CA · On-site

$128K - $218K/yr

This Senior underwriter will manage a $6-8M book of Technology renewal business and be responsible for new business as well. Lines of business include package, E & O, automobile, umbrella ...

American Financial Network

Non-QM Underwriter

Brea, CA · On-site

$95K - $120K/yr

The Underwriter must evaluate loans to minimize risk and loss, maximize organizational profit, and clearly communicate a sound credit decision. Responsibilities * Review assigned loans and issue a ...

Orion Lending

Be Seen First

Mortgage Underwriter (remote)

Orange, CA · Remote

Underwrites mortgage loan applications and evaluates loans to maximize organizational profit and minimize risk or loss. Relies on extensive experience and judgment to plan and accomplish goals.

next page

Showing results 1-20

All JobsUnderwriter JobsUnderwriter Trainee JobsUnderwriter Trainee Jobs in Riverside, CA

Underwriter Trainee information

See Riverside, CA salary details

$33.9K

$82.3K

$145.5K

How much do underwriter trainee jobs pay per year?

As of Jul 16, 2026, the average yearly pay for underwriter trainee in Riverside, CA is $82,291.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,600.00 and $90,800.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Underwriter Trainee, and why are they important?

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.
What are the most commonly searched types of Underwriter jobs in Riverside, CA? The most popular types of Underwriter jobs in Riverside, CA are:
What are popular job titles related to Underwriter Trainee jobs in Riverside, CA? For Underwriter Trainee jobs in Riverside, CA, the most frequently searched job titles are:
What cities near Riverside, CA are hiring for Underwriter Trainee jobs? Cities near Riverside, CA with the most Underwriter Trainee job openings:
Underwriter Trainee jobs near you
Sr. Underwriter

Sr. Underwriter

NEWMARK

Irvine, CA • On-site

$105K - $125K/yr

Full-time

Posted 19 days ago

Newmark rating

9.4

Company rating: 9.4 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

2nd of 162 rated real estate companies

Job description


Newmark is in search of an Underwriter with 3-5+ years of commercial underwriting experience . The Underwriter's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans. This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie Mae and Freddie Mac). This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of transactions.
The position requires prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides.
Responsibilities
Essential Duties and Responsibilities:
  • Analyze, interpret, and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae and Freddie Mac)
  • Conduct detailed economic and demographic research to determine feasibility of transactions
  • Prepare and present comprehensive loan approval package to credit committee
  • Develop and maintain strong relationships with origination and closing departments and external agency investors
  • Conduct comprehensive inspections of physical real-estate assets on an as-needed basis

Core Competencies:
  • Highly developed analytical, research and written/oral presentation skills
  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy
  • Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule
  • Ability to work productively under minimal supervision
  • Proficiency in Microsoft Office, especially in EXCEL and Word
  • Strong work ethic
  • Proactive team player, able to work effectively under sometimes stressful conditions.

Qualifications
Qualifications:
  • Bachelor's degree in accounting, Finance, Economics, Real Estate, or other related fields.
  • 3-5+ years commercial underwriting experience
  • Prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides
  • Able to travel a minimum of 10-20% law.

WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.
NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

What Newmark employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply