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Underwriter Training Program Jobs in Washington (NOW HIRING)

Manulife

Senior Underwriting Consultant

Washington, DC · Remote

$111K - $131K/yr

Provide training and act as an information resource for more junior underwriters. * May process all ... Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days ...

PNC Bank

Underwriter IV- Sr. Housing

Washington, DC

$86K - $172K/yr

Serves as a coach, work lead and trainer for the group. * Using independent judgment to identify ... To learn more about these and other programs, including benefits for full time and part-time ...

Berkadia

Senior Underwriting Analyst

Chevy Chase, MD · Hybrid

Develop a personal development plan for self-study training and participate in required programs. Coach and mentor other staff members. Demonstrate flexibility in supporting other underwriting tasks ...

Berkadia

Senior Underwriting Analyst

Chevy Chase, MD · On-site

$85K - $100K/yr

... training and participate in required programs. • Coach and mentor other staff members. • Demonstrate flexibility in supporting other underwriting tasks as required by the process. • Other ...

GEICO

Sr Director, Corporate Underwriting

Bethesda, MD · On-site

$195K - $315K/yr

... work experience, education and training, the work location as well as market and business ... Personalized development programs, mentorship, and certification assistance. Great Culture:

Walkerdunlop

HUD Underwriting Analyst

Bethesda, MD · Hybrid

$65K - $75K/yr

Conduct file reviews to ensure all application exhibits meet program requirements and support ... Participate in training and professional development activities * Perform other duties as assigned

ICF

Housing CDBG-DR Grant Lead - Remote (US)

Reston, VA · On-site +1

$90 - $110K/hr

Inform program underwriting processes, coordinate project stakeholders, work with staff and ... Experience delivering training and technical assistance to state and local government agencies.

Barrow Wise Consulting

Program Coordinator

MD · On-site

$80K - $130K/yr

The Program Coordinator will support Barrow Wise's Bank project, and perform the following duties ... Credit training or demonstrated experience in credit and underwriting roles is a plus * Experience ...

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All JobsUnderwriter Training Program JobsUnderwriter Training Program Jobs in Washington

Underwriter Training Program information

See Washington salary details

$36.8K

$89.3K

$158K

How much do underwriter training program jobs pay per year?

As of Jul 15, 2026, the average yearly pay for underwriter training program in Washington is $89,337.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,100.00 and $98,500.00 per year, depending on experience, location, and employer.

What can I expect from the mentorship and training structure in an Underwriter Training Program?

In an Underwriter Training Program, you can expect a combination of formal classroom instruction, hands-on casework, and close mentorship from experienced underwriters. Trainees typically start by learning about risk assessment, insurance products, and industry regulations, gradually taking on more responsibility as they demonstrate proficiency. Regular feedback and collaboration with senior team members help you develop practical skills and build confidence in decision-making. This supportive environment is designed to ensure a smooth transition from trainee to fully qualified underwriter.

What is the difference between Underwriter Training Program vs Underwriter?

AspectUnderwriter Training ProgramUnderwriter
CredentialsTypically requires a bachelor's degree, sometimes certifications like CPCU or ARMOften requires a bachelor's degree and relevant certifications
Work EnvironmentTraining setting, classroom and on-the-job learningFull-time underwriting role in office or remote
Employer UsageUsed by insurance companies to develop new talentEstablished role for assessing risk and approving policies

The Underwriter Training Program is designed to prepare individuals for a career as an Underwriter by providing structured training and mentorship. Once completed, participants typically transition into full Underwriter roles. The main difference lies in the training phase versus the fully operational underwriting position.

What is an Underwriter Training Program?

An Underwriter Training Program is a structured educational initiative designed to teach individuals the fundamentals of underwriting, which involves assessing and evaluating risks for insurance, loans, or other financial products. Participants learn about risk analysis, industry regulations, financial documentation, and decision-making processes. These programs often combine classroom instruction with hands-on experience, preparing trainees for entry-level underwriting positions. Completion of such a program can lead to certifications or advancement within financial or insurance organizations.

Is underwriting a lot of math?

Underwriting involves analyzing financial data and assessing risk, which requires a good understanding of basic math and quantitative skills. While advanced math is not typically necessary, underwriters often use calculations, ratios, and statistical tools to make informed decisions. Strong attention to detail and familiarity with spreadsheets or underwriting software are also important.

Will AI replace underwriting?

AI is increasingly used to assist underwriters by automating data analysis and risk assessment, but it is unlikely to fully replace human underwriters in the near future. Underwriters still rely on judgment, industry knowledge, and complex decision-making that AI tools support rather than replace. The role may evolve to focus more on oversight and interpretation of AI-generated insights.

Can I become an underwriter with no experience?

Underwriter training programs often accept candidates with little or no prior experience, focusing instead on relevant skills such as attention to detail, analytical ability, and understanding of insurance principles. Completing coursework or certifications in insurance or risk assessment can improve chances of entry, and some employers provide on-the-job training for new underwriters.

What are the key skills and qualifications needed to thrive in an Underwriter Training Program, and why are they important?

To thrive in an Underwriter Training Program, you need strong analytical skills, attention to detail, and a relevant bachelor's degree, often in finance, business, or a related field. Familiarity with underwriting software, financial modeling tools, and risk assessment systems is typically required, and some programs value progress toward professional designations like CPCU. Effective communication, problem-solving, and decision-making abilities help candidates excel in evaluating applications and collaborating with colleagues. These skills ensure accurate risk assessment, sound decision-making, and contribute to the organization's profitability and compliance.

How do you train to be an underwriter?

Training to become an underwriter typically involves completing a relevant bachelor's degree in finance, business, or a related field, followed by on-the-job training where new underwriters learn company-specific policies and risk assessment techniques. Many employers also offer specialized training programs or certifications, such as the Chartered Property Casualty Underwriter (CPCU), to develop skills in underwriting principles and industry standards.
What are popular job titles related to Underwriter Training Program jobs in Washington? For Underwriter Training Program jobs in Washington, the most frequently searched job titles are:
What job categories do people searching Underwriter Training Program jobs in Washington look for? The top searched job categories for Underwriter Training Program jobs in Washington are:
Underwriter Training Program jobs near you
Agency Underwriter - Affordable/Conventional

Agency Underwriter - Affordable/Conventional

Northmarq

Washington, DC • On-site

$120K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago

Job description

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential - whether you are an industry veteran or you're just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! 

Northmarq is seeking an experienced Underwriter with affordable experience to join our Agency team. This individual will play a key role in managing various aspects of the loan process, from application to closing. Responsibilities include providing analysis related to underwriting, due diligence, evaluating property and market data, and preparing comprehensive transaction narratives. The candidate will work closely with a diverse group including Production, Borrowers, Freddie Mac/Fannie Mae personnel, legal counsel, vendors, and asset management. This position requires a strong analytical mindset, exceptional attention to detail, excellent written and verbal communication skills, and a commitment to delivering top-tier customer service while upholding quality control standards.

*This position is an in-office position, with an immediate start date.

Position Responsibilities:

  • Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote
  • Prepare or review underwriting template and narratives summarizing the loan structure, transaction strengths and identified risks, and present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements
  • Analyze operating history, budget, property rent roll, and other financial information to verify the proforma and loan request aligns with Agency's quote and guidelines
  • Review Borrower structure to identify all appropriate parties to complete mortgage credit due diligence, and complete an org chart to meet Agency requirements
  • Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents to ensure compliance with Agency requirements
  • Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.)
  • Monitor transaction status to manage Production and Borrower expectations and anticipate, avoid, or solve any potential transaction-related problems
  • Coordinate with the internal insurance team and Agency to obtain insurance approval, including waiver approval, if necessary
  • Coordinate the closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions
  • Participate in calls with Production and Borrower and/or legal to discuss transaction details, issues, and borrower structure.
  • Conduct site visits with the Borrower, Production, and consultants, as needed.
  • Draft Application and Commitment Letters, Rate Lock Agreements/Trade Authorizations
  • Assist in final loan package delivery or pre-purchase matters.
  • Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements. 

What We're Looking For:

  • 3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions
  • Knowledge of Agency program requirements
  • Bachelor's degree in Real Estate Finance, Accounting, Business Administration, or a related field
  • Strong organizational skills with the ability to handle multiple assignments while meeting deadlines
  • Client service-oriented mindset with excellent problem-solving abilities. Ability to manage/underwrite multiple transactions at once
  • Demonstrated work ethic and willingness to work extended hours when necessary
  • Excellent written and verbal communication skills
  • High level of integrity, confidentiality, and professionalism
  • Strong computer knowledge with Microsoft Office applications, in particular Word, Excel, and Adobe. Salesforce proficiency is a plus
  • Ability to travel for site inspections, as required

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!

Washington DC Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The salary range for the Agency Underwriter - Affordable/Conventional position is $93,000.00 annually or [$44.71 per hour] to $120,000.00 annually [or $57.69 per hour]. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience.

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