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Underwriting Associate Jobs in Minnesota (NOW HIRING)

Gallagher

Underwriter Associate

Golden Valley, MN · On-site

Overview Join our dynamic team as an Underwriter Associate, where you will play a key role in managing a high-volume workload while delivering exceptional service to our clients and insurance agents.

Trean Corporation

Associate Underwriter

Wayzata, MN · On-site

$45K - $50K/yr

The Associate Underwriter reports to the assigned Underwriter(s)/Underwriting Supervisor, provides ... Enters new applications and completes underwriting analysis. * Quotes and binds accounts in ...

Burns & Wilcox

Senior Associate Underwriter

Minneapolis, MN · On-site

$102K - $121K/yr

Our Senior Associates underwrite and supervise a portion of an Underwriter's book of business ... Interest in continued education and professional development to obtain full underwriting authority

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Underwriting Associate information

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$31

How much do underwriting associate jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for underwriting associate in Minnesota is $18.62, according to ZipRecruiter salary data. Most workers in this role earn between $14.86 and $19.76 per hour, depending on experience, location, and employer.

Is underwriting a high paying career?

Underwriting is generally considered a mid- to high-paying profession within the insurance and finance industries. Salaries vary based on experience, location, and specialization, with experienced underwriters earning higher compensation and often having opportunities for bonuses or certifications that can increase earnings.

What are underwriting associates?

Underwriting associates are entry- to mid-level professionals who support underwriters in evaluating and processing insurance applications or loan requests. They assist in gathering and reviewing applicant information, assessing risk factors, and preparing documentation necessary for decision-making. Their work ensures that underwriters have accurate data to determine whether to approve or deny coverage or loans, and under what terms. Underwriting associates often interact with agents, clients, and other departments to facilitate a smooth underwriting process.

How much does an underwriting assistant get paid?

An underwriting assistant typically earns between $40,000 and $60,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced assistants or those with specialized skills can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

What does an entry-level underwriter do?

An entry-level underwriter evaluates insurance applications by analyzing risk factors, reviewing applicant information, and determining coverage eligibility and premium rates. They use tools like underwriting guidelines and may work under supervision to develop their assessment skills and understanding of industry standards.

What is the role of an underwriting associate?

An underwriting associate evaluates insurance applications by analyzing risk factors, reviewing applicant information, and determining policy eligibility and premium rates. They use tools like underwriting guidelines and may collaborate with agents or brokers to ensure accurate risk assessment and compliance with company standards.

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

To thrive as an Underwriting Associate, you need a strong understanding of risk assessment, analytical skills, and knowledge of insurance principles, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, data analysis tools, and sometimes certifications such as CPCU or AU is highly valuable. Attention to detail, effective communication, and organizational skills help you excel in evaluating applications and collaborating with clients and colleagues. These skills ensure accurate risk evaluation, efficient workflow, and compliance with industry standards, leading to sound business decisions and customer satisfaction.

What are some common challenges Underwriting Associates face when balancing risk assessment with client expectations?

Underwriting Associates often need to carefully evaluate the risk profile of applicants while also considering the business objectives and maintaining positive relationships with clients or brokers. A common challenge is ensuring thorough risk analysis under tight deadlines, especially when clients expect quick decisions. Balancing the need for accuracy and compliance with internal policies, while also providing responsive service, requires strong organizational and communication skills. Collaborating closely with senior underwriters and other departments can help manage these challenges and ensure informed, fair decisions.
What are the most commonly searched types of Underwriting jobs in Minnesota? The most popular types of Underwriting jobs in Minnesota are:
What cities in Minnesota are hiring for Underwriting Associate jobs? Cities in Minnesota with the most Underwriting Associate job openings:
Underwriting Associate jobs near you
Infographic showing various Underwriting Associate job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $38,735 per year, or $18.6 per hour.
Underwriting Associate Representative

Underwriting Associate Representative

Chubb

Minneapolis, MN • On-site

$43K - $74K/yr

Full-time

Posted 21 days ago

Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

134th of 298 rated insurance

Job description

The Underwriting Account Representative (UAR) is responsible for supporting the underwriting process for Renewal Chubb Customers for multiple lines of insurance coverages, including property, casualty, workers compensation, excess and automobile coverages. This position is also accountable for collaborating with team members to achieve growth, profit, renewal retention, service, and producer/client management goals for an assigned book of business in the middle market segment of Commercial Insurance. The UAR will gather and analyze account information, interpret, and translate data into workbooks and issuance instructions as well as utilize regulatory rules to comply with corporate pricing strategies. In partnership with the Underwriter, the UAR will be accountable for documenting a risk narrative that conforms with the corporate audit. This individual will need to be able to interpret and model data for locations outside the US.  They will also need to be able to understand underwriting strategies and apply accordingly to risks they are working on.  

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

The ideal candidate must possess the following skills: 

  • PC Skills:  knowledge of Microsoft Office, Microsoft Word and Excel, Adobe Acrobat, and Internet navigation  
  • Excellent verbal and written communication skills 
  • Strong interpersonal skills and ability to establish and maintain effective working relations with internal and external partners in a multi-cultural environment. 
  • Proven analytical skills and mathematical aptitude (arithmetic, algebra and basic accounting principles) 
  • Strong business acumen and critical thinking skills which lead to confident decision making 
  •  Ability to learn quickly, prioritize work, and perform within time constraints. 
  •  Strong time and desk management skills and detail orientation will aid the candidate in meeting or exceed the established business goals.
  • Demonstrated ability to work with multiple individuals on competing priorities a must  
  • Basic knowledge of underwriting principles and policy forms is a plus 
  • Ability to work independently within a team/group environment with ability to collaborate with others.  
  • Ability to adapt to fast paced environment 

Education and Experience: 

  • High School Diploma or Equivalent 
  • College degree and/or underwriting exposure preferred
  • 3-5 years of insurance experience preferred  

The pay range for the role is $43,700 to $74,200. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US

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