1

Underwriting Manager Jobs in Minnesota (NOW HIRING)

Underwriting Manager

Saint Paul, MN · On-site

$140K - $185K/yr

UFG is looking for an Underwriting Manager to join the team in the Great Lakes Region! In this role you will be responsible for leading a team of multi-line, multi-industry production underwriters to ...

Senior Associate Underwriter

Minneapolis, MN · On-site

$102K - $121K/yr

Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and ...

next page

Showing results 1-20

Underwriting Manager information

See Minnesota salary details

$47K

$101K

$155.2K

How much do underwriting manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for underwriting manager in Minnesota is $100,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,400.00 and $118,500.00 per year, depending on experience, location, and employer.

What does an underwriting manager do?

As an underwriting manager, your duties are to oversee the daily operations and administrative tasks of the underwriting department, typically under the supervision of a department head or director. Your responsibilities include helping underwriters review applications, establishing appropriate screening protocols, and developing new methodologies and models to assess the financial risk that your company assumes in the course of its transactions with clients. As the manager, you ensure that your team is meeting its goals and understands the objectives of the office. You may also perform customer service functions on behalf of the department.

How does an underwriting manager typically collaborate with other departments within an organization?

An Underwriting Manager frequently works closely with departments such as sales, risk management, and claims to ensure that underwriting guidelines are aligned with business goals and customer needs. They often participate in cross-functional meetings to review large or complex cases, provide guidance on risk appetite, and share insights on market trends. Effective communication and collaboration are essential, as Underwriting Managers must balance risk assessment with the organization's growth objectives while maintaining compliance with regulatory standards.

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

To thrive as an Underwriting Manager, you need deep knowledge of risk assessment, financial analysis, and insurance products, typically supported by a bachelor’s degree in finance, business, or a related field. Familiarity with underwriting software, risk management platforms, and industry certifications like CPCU or ARM is highly valued. Strong leadership, decision-making, and communication skills help you manage teams and collaborate effectively with clients and stakeholders. These skills are essential for ensuring accurate risk evaluation, regulatory compliance, and profitable business operations.

What is the difference between Underwriting Manager vs Underwriter?

AspectUnderwriting ManagerUnderwriter
CredentialsTypically requires a relevant bachelor’s degree and professional certifications like CPCU or ARMOften requires a bachelor’s degree; certifications like CPCU are common but not mandatory
Work EnvironmentManages teams, oversees underwriting policies, and develops strategiesPerforms individual risk assessments and policy approvals
Industry UsageUsed in insurance companies, managing underwriting departmentsUsed across insurance firms, focusing on risk evaluation

In summary, an Underwriting Manager oversees underwriting teams and strategies, while an Underwriter focuses on evaluating individual risks. Both roles require relevant credentials and are integral to insurance operations, but they differ in scope and responsibilities.

How much does an underwriting manager earn?

An underwriting manager typically earns between $80,000 and $150,000 annually, depending on experience, location, and the size of the organization. They often oversee underwriting teams, analyze risk, and use specialized software to evaluate insurance applications.

Is an underwriting manager a good job?

An underwriting manager oversees risk assessment and decision-making in insurance companies, requiring strong analytical skills and industry knowledge. The role typically offers a competitive salary, opportunities for advancement, and requires leadership and communication abilities. Job satisfaction depends on individual interests in finance, risk management, and team management.

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 Manager jobs?

Cities in Minnesota with the most Underwriting Manager job openings:

What are popular job titles related to Underwriting Manager jobs in MN?

For Underwriting Manager jobs in MN, the most frequently searched job titles are:

Infographic showing various Underwriting Manager job openings in Minnesota as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $100,960 per year, or $48.5 per hour.

Underwriting Manager

United Fire & Casualty Company

Minneapolis, MN • On-site, Remote

$140K - $185K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 17 days ago


Job description

UFG is looking for an Underwriting Manager to join the team in the Great Lakes Region! In this role you will be responsible for leading a team of multi-line, multi-industry production underwriters to successfully attract and underwrite middle market business, deploy effective portfolio and account management, and foster agency partnerships. This role works to drive profitable growth, including new business, renewal retention, rate achievement, and exposure basis. This role is highly engaged in the market with key agency partners and leads the local middle market underwriting team in their territory.
While this is a fully remote opportunity, the ideal candidate should reside in the territory, with a preference for Minnesota or Wisconsin.
Responsibilities:
  • Maintain accountability for assigned territory, ensuring profitable growth and achievement of profit and premium plans for prescribed business unit strategies.
  • Lead a team of underwriters to profitably underwrite complex new and renewal business through risk selection, pricing, contractual integrity, and account management, in accordance with delegated authority, and ensuring regulatory compliance. Effectively coach and develop the team to execute underwriting technical discipline and established quality standards to:
    • Demonstrate critical thinking in assessing the risk and identifying exposures and controls.
    • Price risk commensurate with exposures and controls.
    • Set appropriate terms and conditions to deliver a profitable portfolio
    • Document assigned files with underwriting thought process.
    • Serve as a subject matter expert to assist team members with complex risks.
  • Through effective portfolio management skills, achieve profit and premium plans for prescribed business unit strategies.
  • Execution of business plans for achieving established operational plan targets for written premium, loss ratio, renewal retention, pricing, and expense management.
  • Achieve production goals within assigned territory, leading the team to:
    • Effectively conduct both in-person and virtual sales calls with agencies and insureds.
    • Prospect and develop a strong pipeline of new business opportunities.
    • Develop and maintain successful relationships with producers and agencies.
  • Collaborate with Business Unit and Line of Business underwriting, Sales and Distribution, Underwriting Center, Underwriting Support, Risk Control, Legal, Claims, and other internal partners to ensure optimal stakeholder management.
  • Exhibit and coach market-facing sales skills such as prospecting, marketing, pipelining, production meetings, developing deep relationships with producers and agencies, increasing UFG's relevance in the marketplace.
  • Represent UFG in the marketplace, articulating the company's capabilities in underwriting, risk control, and claims, across all business units at UFG

Qualifications:
Education, Designations, and Certifications:
  • Four year college degree preferred.
  • Completion of AU Designation, CIC and/or CPCU designations preferred.
  • Leadership/management certification or educational experience preferred.

Experience:
  • 7+ years commercial lines underwriting experience preferred.

Knowledge, skills & abilities:
  • Advanced risk evaluation and insurance contract knowledge.
  • Capability to execute current underwriting strategy for assigned territory to make effective underwriting decisions.
  • Ability to lead a team by utilizing skillset of collaboration, persuasion, vision, emotional intelligence, and talent development.
  • Demonstrated success cultivating and maintaining business relationships with key customers to support departmental goals and objectives.
  • Strong leadership skills to include ability to mentor, coach, and train.
  • Ability to work in a fast-paced environment while prioritizing and completing work efficiently and effectively.
  • Excellent customer service skills.
  • Effective stakeholder management skills to include the ability to establish high degree of trust with internal and external partners.
  • Analytical and problem-solving skills with an affinity for detailed accuracy.
  • Advanced communication and negotiation skills.
  • Strong time management skills with the ability to meet deadlines and effective dates.
  • Advanced knowledge of agency force and current market environment.
  • Excellent sales skills, with a proven track record of growing a profitable book of business.

Working Conditions:
  • General office conditions; remote, in-office, and hybrid options determined by manager.
  • Travel required as per assigned territory, including agency visits and marketing events, often co-traveling with underwriters and leadership.
  • Regular work duties may require work outside of business hours.
  • Driver's license and acceptable MVR required.

Pay Transparency Statement
UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $140,000 - $185,000 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.
In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes:
  • Annual incentive compensation
  • Medical, dental, vision & life insurance
  • Accident, critical Illness & short-term disability insurance
  • Retirement plans with employer contributions
  • Generous time-off program
  • Programs designed to support the employee well-being and financial security.

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.