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Underwriter Jobs in Indiana (NOW HIRING)

Auto Owners Insurance Company

Underwriter

Marion, IN

Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This job performs and applies insurance coverage, rules and guidelines to execute ...

Auto-Owners Insurance

Underwriter

Marion, IN · On-site

Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This job performs and applies insurance coverage, rules and guidelines to execute ...

Merchants Bancorp

Underwriter - Multifamily

Carmel, IN · On-site

The Underwriter position is an individual contributor role responsible for credit memo completion and loan committee presentations but will also guide the underwriting analysts and the analysts ...

Merchants Bancorp

Underwriter - GSE

Carmel, IN · On-site

Underwrite multifamily Agency loans originated by Merchants Capital. * Manage underwriting process for new loans from origination to closing. * Adhere to Agency loan requirements, reviewing updates ...

NAMIC

Underwriter Director

Indianapolis, IN

Reporting to the VP - Underwriting & Chief Underwriting Officer, this full-time position will review, evaluate and analyze exposures and coverages in the Professional Liability, Directors & Officers ...

Namic

Underwriter Director

Indianapolis, IN · On-site

Reporting to the VP - Underwriting & Chief Underwriting Officer, this full-time position will review, evaluate and analyze exposures and coverages in the Professional Liability, Directors & Officers ...

Arrowhead Programs

Senior Underwriter

Fort Wayne, IN · On-site

$97K - $114K/yr

The Senior Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The ...

Brown & Brown, Inc.

Senior Underwriter

Wayne, IN · On-site

$87K - $103K/yr

The Senior Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The ...

Brown & Brown Insurance

Senior Underwriter

Fort Wayne, IN · On-site

$97K - $114K/yr

The Senior Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The ...

FCCI Insurance Group

Associate Underwriter

Carmel, IN · Hybrid

$24.80 - $38.19/hr

We are currently seeking a motivated and well-organized Associate Underwriter to support the acquisition and retention of profitable commercial lines customers. The selected candidate will be ...

FCCI Insurance Group

Associate Underwriter

Carmel, IN · On-site

$24.80 - $38.19/hr

We are currently seeking a motivated and well-organized Associate Underwriter to support the acquisition and retention of profitable commercial lines customers. The selected candidate will be ...

Brotherhood Mutual

Underwriter I

Fort Wayne, IN

Underwriter I FLSA Status: Exempt Job Family: Underwriting Department: UW - Data & Quality Location: Corporate Office (Fort Wayne, IN) JOB SUMMARY Responsible within assigned authority to evaluate ...

Brotherhood Mutual

Underwriter I

Fort Wayne, IN · On-site

Underwriter I FLSA Status: Exempt Job Family: Underwriting Department: UW - Data & Quality Location: Corporate Office (Fort Wayne, IN) JOB SUMMARY Responsible within assigned authority to evaluate ...

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All JobsUnderwriter JobsUnderwriter Jobs in Indiana

Underwriter information

See Indiana salary details

$30.9K

$75.1K

$132.7K

How much do underwriter jobs pay per year?

As of Jun 16, 2026, the average yearly pay for underwriter in Indiana is $75,058.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $82,800.00 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 thinking, attention to detail, and knowledge of insurance or lending practices are also important, and professional certifications can enhance job prospects.

What qualifications do you need for underwriting?

Underwriters typically need a bachelor's degree in finance, economics, or a related field. Relevant skills include strong analytical abilities, attention to detail, and knowledge of insurance or lending practices; professional certifications like the Chartered Property Casualty Underwriter (CPCU) can also enhance qualifications.

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.

What Do Underwriters Do?

The most common underwriters work for insurance companies or financial institutions to evaluate financial risk for insurance policies or loans. They review applications and paperwork and can approve or deny the request based on a set of three criteria--credit reputation, capacity to repay the loan, and collateral value. Underwriters check the applicant’s credit report and credit history, weight their annual salary with the cost of the loan or policy, and determine the loan-to-value ratio. Using these factors, they may approve the application, suspend it until further stipulations are met, or deny it.

Other kinds of underwriters include equity underwriters who administer the distribution of securities, and debt securities underwriters who buy government bonds and other debt securities and sell them for a profit.

Is underwriting a tough job?

Underwriting is a demanding role that requires strong analytical skills, attention to detail, and the ability to assess risk accurately. It often involves working under pressure to meet deadlines and making complex decisions based on financial and personal information.

What exactly does an underwriter do?

An underwriter evaluates and assesses the risk of insuring individuals or assets by reviewing applications, financial information, and supporting documents. They determine whether to approve or deny coverage and set appropriate premium rates, often using specialized software and industry guidelines. Underwriters play a key role in insurance, banking, and mortgage industries to ensure profitable and manageable risk exposure.

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.
More about Underwriter jobs
What are the most commonly searched types of Underwriter jobs in Indiana? The most popular types of Underwriter jobs in Indiana are:
What are popular job titles related to Underwriter jobs in Indiana? For Underwriter jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Underwriter jobs in Indiana look for? The top searched job categories for Underwriter jobs in Indiana are:
What cities in Indiana are hiring for Underwriter jobs? Cities in Indiana with the most Underwriter job openings:
What are popular job titles related to Underwriter jobs in IN? For Underwriter jobs in IN, the most frequently searched job titles are:
Underwriter jobs near you
Infographic showing various Underwriter job openings in Indiana as of June 2026, with employment types broken down into 92% Full Time, 6% Part Time, and 2% Contract. Highlights an 84% In-person, 10% Hybrid, and 6% Remote job distribution, with an average salary of $75,058 per year, or $36.1 per hour.

Underwriter

Auto Owners Insurance Company

Marion, IN

Full-time

Retirement, PTO

Posted 10 hours ago

Job description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.

Job Description

We offer a merit-based work-from-home program based on job responsibilities. After initial training in-person, you could have the flexibility of work-from-home time as defined by the leadership team.

Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This job performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy. This job includes training and development through completion of the Company's underwriter training program for the assigned line of insurance and requires the person to:

  • Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions

  • Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use

  • Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment

  • Analyze loss experience, financial conditions and physical characteristics of risks

  • Acquire a working knowledge of supporting sections of the underwriting department

  • Effectively communicate with independent agents and other associates through verbal and/or written means

  • Participate in and successfully complete the Company underwriter training program

Desired Skills & Experience

  • Bachelor's degree or direct equivalent experience with property/casualty underwriting

  • Ability to organize data, multi-task and make decisions independently

  • Above average communication skills (written and verbal)

  • Ability to write reports and compose correspondence

  • Ability to resolve complex issues

  • Continually develop product knowledge through participation in approved educational programs

Benefits

Auto-Owners offers a wide range of career opportunities, and we are seeking talent that will help us continue our long tradition of success. We offer a friendly work environment, structured training program, employee mentoring and an excellent compensation/benefits package. Along with a competitive base salary, matched 401(k), fully-funded pension plan (once vested), and bonus programs, Auto-Owners also provides generous paid time off including holidays, vacation days, personal time, and sick leave. If you're looking to do rewarding work alongside great people, Auto-Owners is the place for you!

Equal Employment Opportunity

Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.

*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.

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