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Underwriting Assistant Jobs in Rio Rancho, NM (NOW HIRING)

Underwriting Intern- Paid

Albuquerque, NM · On-site

$19 - $26/hr

Underwriting Reports to: Underwriting Manager Position Summary: The Underwriting Intern will learn about workers' compensation insurance and the fundamentals of the underwriting function. Key ...

Underwriting tech handles several aspects of policy processing and issuance, which include new business and/or renewal preparation; endorsement processing; cancellations; and/or all other policy ...

Underwriting tech handles several aspects of policy processing and issuance, which include new business and/or renewal preparation; endorsement processing; cancellations; and/or all other policy ...

Underwriting tech handles several aspects of policy processing and issuance, which include new business and/or renewal preparation; endorsement processing; cancellations; and/or all other policy ...

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Responsible for retention of new and existing business in accordance with company underwriting philosophy and individual level of authority. This individual also maintains positive and professional ...

Underwriter I

Bernalillo, NM · On-site

$53K - $79K/yr

Responsible for retention of new and existing business in accordance with company underwriting philosophy and individual level of authority. This individual also maintains positive and professional ...

You will ensure SBA standard operation procedures, program eligibility and documentation takes place while applying approved underwriting templates and scoring models to recommend terms and ...

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Underwriting Assistant information

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How much do underwriting assistant jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for underwriting assistant in Rio Rancho, NM is $20.52, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $23.22 per hour, depending on experience, location, and employer.

What is an underwriting assistant?

An underwriting assistant, or underwriting service assistant, helps a lead underwriter to process applications for mortgages, credit, or insurance. Whether you work in the banking or insurance industry, your primary responsibility is to support your company’s underwriters. This includes obtaining relevant documents and client information so that the underwriter can assess their eligibility, and maintaining accurate records on all applicants and approval processes. Since you often work directly under a single underwriter, specific duties vary depending on your supervisors working style. You need an associate degree in finance or economics for a career as an underwriting assistant, but most employers prefer candidates to hold a bachelor’s degree. Organizational and administrative skills are crucial for this field.

Is underwriting a difficult job?

Underwriting is a detail-oriented role that involves assessing risks and making decisions based on financial and personal information. It requires strong analytical skills, attention to detail, and knowledge of industry guidelines, which can make it challenging for some individuals. The job often involves working with specialized software and adhering to strict deadlines.

How much do underwriting assistants earn?

Underwriting assistants typically earn a median annual salary of around $45,000 to $55,000, depending on experience, location, and employer. Entry-level positions may start lower, while experienced assistants with specialized skills or certifications can earn higher wages. Salaries often include benefits such as health insurance and retirement plans.

What are some typical challenges an underwriting assistant might face when supporting multiple underwriters, and how can they manage these effectively?

Underwriting Assistants often juggle supporting several underwriters simultaneously, which can present challenges in prioritizing tasks and managing tight deadlines. Effective communication and strong organizational skills are essential to stay on top of document processing, application reviews, and data entry. Leveraging technology, such as workflow management systems, and proactively clarifying priorities with underwriters can help maintain accuracy and efficiency. Building a collaborative relationship with both underwriters and other support staff also ensures smoother workflow and reduces bottlenecks.

How much do beginner underwriting assistants make?

Beginner underwriting assistants typically earn between $40,000 and $55,000 annually, depending on location, company size, and prior experience. Entry-level roles often require basic knowledge of insurance policies and proficiency with underwriting software.

What is the difference between Underwriting Assistant vs Insurance Underwriter?

AspectUnderwriting AssistantInsurance Underwriter
CredentialsHigh school diploma or equivalent; some roles may require insurance licenses or certificationsBachelor's degree in finance, business, or related field; professional certifications like CPCU are common
Work EnvironmentOffice setting, supporting underwriting teams, handling administrative tasksOffice environment, analyzing risk, making coverage decisions
Job ResponsibilitiesData entry, document review, assisting underwriters, preparing reportsAssessing risk, approving or denying insurance applications, setting premiums

While both roles are integral to the insurance industry, an Underwriting Assistant primarily provides administrative and support functions, whereas an Insurance Underwriter makes critical risk assessments and coverage decisions. The Underwriting Assistant supports the underwriting process, enabling underwriters to focus on evaluating risks and setting policies.

Is an underwriting assistant a good job?

An underwriting assistant plays a key role in supporting underwriters by reviewing applications, gathering documentation, and assessing risk. The position often requires strong attention to detail, communication skills, and familiarity with insurance policies or financial data. It can be a good entry-level role for those interested in insurance or finance careers, with opportunities for advancement and skill development.

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

To thrive as an Underwriting Assistant, you need strong organizational abilities, attention to detail, and a foundational understanding of insurance principles, usually supported by a high school diploma or some college coursework. Familiarity with underwriting software, document management systems, and proficiency in Microsoft Office are commonly required. Excellent communication, multitasking, and teamwork skills help you effectively support underwriters and coordinate with clients or brokers. These capabilities are vital for ensuring accurate, efficient processing of insurance applications and contributing to the overall success of the underwriting team.
What are the most commonly searched types of Underwriting jobs in Rio Rancho, NM? The most popular types of Underwriting jobs in Rio Rancho, NM are:
What are popular job titles related to Underwriting Assistant jobs in Rio Rancho, NM? For Underwriting Assistant jobs in Rio Rancho, NM, the most frequently searched job titles are:
What job categories do people searching Underwriting Assistant jobs in Rio Rancho, NM look for? The top searched job categories for Underwriting Assistant jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Underwriting Assistant jobs? Cities near Rio Rancho, NM with the most Underwriting Assistant job openings:
Infographic showing various Underwriting Assistant job openings in Rio Rancho, NM as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 20% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $42,681 per year, or $20.5 per hour.

Underwriting Intern- Paid

New Mexico Mutual

Albuquerque, NM • On-site

$19 - $26/hr

Internship

Re-posted 3 days ago


Job description

Job Title: Underwriting Intern
Department: Underwriting
Reports to: Underwriting Manager
Position Summary:
The Underwriting Intern will learn about workers' compensation insurance and the fundamentals of the underwriting function. Key concepts include learning how underwriters assess employers' operations and hazards to accurately and competitively develop appropriate premium. The Underwriting Intern will utilize training, our underwriting guidelines, and predictive analytics tools to evaluate and service policies, answer customer questions, issue endorsements, and build and maintain relationships with our policyholders and agent partners.
Essential Functions:
  • Gather, evaluate, and organize all relevant underwriting data to support decision-making.
  • Assess accounts to determine appropriate risk selection within designated authority limits.
  • Determine account pricing, underwriting conditions in accordance with industry regulations
  • Apply underwriting decisions aligned with the organization's defined risk appetite
  • Review and process policy renewals, audits, endorsements, cancellations, and re-writes within assigned authority.
  • Document underwriting decision
  • Provide timely and professional communication to customers
  • Conduct business sector analysis by agency, policy size, class code, and geographic region to identify profitability trends, growth opportunities, and predictive model performance.

Requirements
Job Qualifications
Education:
Pursuing a bachelor's or master's degree.
Experience:
  • You're highly motivated and you work well in a close-knit, collaborative environment.
  • You know how to use information technology, data and other resources to identify solutions and innovations.

Required Skills/Abilities:
  • Highly motivated individuals that work well in a team environment.
  • Think strategically and critically.
  • Leverage information technology, data and other resources to identify solutions and innovations.
  • Hold a strong desire and curiosity to learn the insurance business.
  • Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills.
  • Are compatible with New Mexico Mutual's Corporate Values.

Specialized Knowledge, Licenses, etc.:
Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
Values and Mission:
Adheres to New Mexico Mutual's values and mission by demonstrating Service Excellence, Trust, Ownership, One Team and Boldness in thought and action.
Positive Attitude:
Develops and maintains positive working relationships with team members, customers, coworkers and Management by demonstrating effective communication and collaborative skills.
Working Conditions:
  • NEW MEXICO MUTUAL maintains general office conditions with light demands.
  • Employees of NEW MEXICO MUTUAL adhere to all safety rules and regulations including building security.
  • Employees participate in ensuring safe and efficient operating conditions that safeguard employees and facilities.
  • NEW MEXICO MUTUAL maintains a drug free environment; drug testing prior to employment as well as upon a work-related accident.
  • Exposure to VDT screens.