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Underwriter Jobs in Delaware (NOW HIRING)

Review underwriting conditions received from the customer of third parties to ensure that the underwriting conditions are properly addresses. * Review file documentation for missing or erroneous ...

Review underwriting conditions received from the customer of third parties to ensure that the underwriting conditions are properly addresses. * Review file documentation for missing or erroneous ...

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Underwriter information

See Delaware salary details

$32.5K

$78.9K

$139.6K

How much do underwriter jobs pay per year?

As of Aug 10, 2026, the average yearly pay for underwriter in Delaware is $78,946.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,100.00 and $87,100.00 per year, depending on experience, location, and employer.

Do you need a degree to be an underwriter?

A degree is not always required to become an underwriter, but many employers prefer candidates with a bachelor's degree in fields like finance, business, or economics. Relevant skills such as analytical ability, attention to detail, and knowledge of insurance or lending practices are also important, and professional certifications can enhance job prospects.

Is it hard to get into underwriting?

Getting into underwriting can be competitive, as it often requires relevant education such as a degree in finance, economics, or related fields, along with strong analytical skills. Entry-level positions may be accessible with internships or certifications like the Chartered Property Casualty Underwriter (CPCU), but advancing in the field typically requires experience and specialized knowledge.

What is the difference between Underwriter vs Actuary?

AspectUnderwriterActuary
Required CredentialsInsurance license, sometimes certifications like CPCUFellowship in SOA or CAS, actuarial exams
Work EnvironmentInsurance companies, underwriting departmentsConsulting firms, insurance companies, financial institutions
Industry UsageCommon in insurance, bankingPrimarily in insurance, pensions, finance
Job FocusAssessing risk for policy approvalAnalyzing statistical data to predict future risks

While both underwriters and actuaries work in the insurance industry assessing risk, underwriters focus on evaluating individual insurance applications and approving policies. Actuaries analyze large data sets to forecast future risks and set premium rates. Their roles complement each other but require different certifications and skill sets.

Do underwriters make a lot of money?

Underwriters typically earn a median annual salary that varies by industry and experience, with many earning between $60,000 and $100,000. Senior or specialized underwriters with certifications can earn higher salaries, especially in competitive markets or financial sectors. Compensation often includes benefits and opportunities for advancement based on skills and performance.

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

To thrive as an Underwriter, you need strong analytical skills, attention to detail, and a background in finance, business, or a related field, often supported by a bachelor's degree. Proficiency with underwriting software, risk assessment tools, and industry certifications such as CPCU or ARM is highly valued. Excellent decision-making, negotiation, and communication skills help underwriters effectively assess risk and interact with clients or agents. These skills are essential for accurately evaluating applications, minimizing financial risk, and supporting organizational profitability.

What does an underwriter do?

An underwriter evaluates the risk of insuring a person, property, or company and decides whether to provide insurance or a loan, and at what terms. They analyze applications, review financial and background information, and use statistical data to determine the likelihood of a loss. Underwriters play a key role in banking, insurance, and mortgage industries, ensuring that risks are carefully assessed to protect their organization from potential losses.

What are some common challenges faced by underwriters in balancing risk assessment and business goals?

Underwriters often face the challenge of thoroughly assessing risk while also supporting their company's business objectives, such as meeting production goals or maintaining client relationships. This requires a careful analysis of data, attention to detail, and effective communication with agents or brokers to clarify information and negotiate terms. Balancing these priorities can be demanding, but successful underwriters develop strong analytical skills and the ability to make judicious decisions under time constraints. Collaboration with other departments, such as claims and sales, is also key to ensuring both risk management and business targets are achieved.
What are the most commonly searched types of Underwriter jobs in Delaware? The most popular types of Underwriter jobs in Delaware are:
What job categories do people searching Underwriter jobs in Delaware look for? The top searched job categories for Underwriter jobs in Delaware are:
What cities in Delaware are hiring for Underwriter jobs? Cities in Delaware with the most Underwriter job openings:
What are popular job titles related to Underwriter jobs in DE? For Underwriter jobs in DE, the most frequently searched job titles are:
Infographic showing various Underwriter job openings in Delaware as of August 2026, with employment types broken down into 86% Full Time, 9% Part Time, and 5% Contract. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $78,946 per year, or $38 per hour.

Business Banking Underwriting Manager

WSFS Bank

Wilmington, DE • On-site

$111K - $183K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 16 days ago


WSFS Bank rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

23rd of 170 rated banks


Job description

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.


The Business Banking Underwriting Manager is responsible for underwriting business purpose loans of $3 million or less under the guidance of Loan Policy, ensuring the Bank's standard of risk/credit quality and associated procedures are met. The incumbent will review, analyze, underwrite as needed, and render loan decisions for applications for Small Business, Business Banking, and periodic SBA loan originations. In addition, the incumbent will lead a Team of underwriters who will be responsible for review and credit decision similarly sized conventional Small Business and Business Banking credits, as well as assisting all relevant Business Banking Staff.

Job Responsibilities:

  • Manage end-to-end underwriting processes for Business Banking Loan originations, ensuring adherence to Bank Policy.
  • Review and/or underwrite (as needed) complex loan structures, eligibility, financial information etc. for credit worthiness/loan decisioning and Institutional alignment.
  • Provide daily leadership and management for a Team of 4-10 Associates.
  • Provide training, development, and opportunities to Business Banking Staff.
  • Identify key efficiency enhancements and cross-training/collaboration opportunity(s).
  • Partner with leadership on broad bank initiatives as well as committee presentations and periodic portfolio assessments/audit.
  • Identify process enhancements, operationalize new procedures, products, portfolio analysis etc.
  • Ensure credit pipeline and decisioning management to Department SLAs.
  • Coach and Lead team of underwriters and demonstrates understanding of complex Conventional loan structures.
  • Collaborate and work with Underwriters, Relationship Managers, and Closers for loans in origination, post-approval and to closing queue.
  • Review loans for, Small Business, Business Banking, and potential SBA loans.
  • Responsible for Bank Compliance for Small Business and Business Banking.
  • Assist with Audits and Compliance requests.
  • Assist Leadership is supporting business and strategic initiatives.
  • Focus efforts with Leadership to develop strategy, recommendations etc. for improving efficiency, productivity, and quality of work within the Business Banking Team.

Minimum Requirements:

  • Must have a bachelor's degree, or equivalent credit training/certifications and/or work experience.
  • Must have a minimum of 10 years of credit review experience, preferably underwriting Conventional Business Banking loans.
  • Must possess a strong background reviewing personal and business financial statements, with proven ability to render sound credit decision on own authority.
  • Must have a strong knowledge in business credit underwriting and analysis.
  • Proficiency in Excel is required.
  • Knowledge of loan origination systems (nCino and/or related), reporting, dashboards etc.
  • Must possess excellent oral and written communications skills to interact with both internal and external customers.
  • Must have strong PC spreadsheet skills and excellent analytical skills.
  • Requires independent thinking in collaboration with other professionals to address proper loan structure(s) and effectively measure credit/risk and client profile evaluation/outcome.
  • Must have thorough knowledge of credit and regulatory policy(s).

Salary Range:

$111,440.00 - $183,082.25

Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.


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