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Underwriting Manager Jobs in Silver Spring, MD (NOW HIRING)

Diedre Moire Corp.

Surety Underwriter

Ashburn, VA · On-site

$140K - $250K/yr

Underwriting Manager Commercial Surety - Ashburn, VA Surety Underwriter Underwriting Surety Insurance Contract Surety Bonds Construction Surety Commercial Insurance License & Permit bonds Bid ...

Diedre Moire Corp.

Surety Underwriter

Burke, VA · On-site

$140K - $250K/yr

Commercial Surety Underwriting Manager - Burke, VA Surety Underwriter Underwriting Surety Insurance Contract Surety Bonds Construction Surety Commercial Insurance License & Permit bonds Bid ...

navymutual

Director of Underwriting

Arlington, VA

Drive performance management, workforce planning, succession planning, and talent development ... Maintain underwriting guidelines, SOPs, audit readiness, and regulatory compliance * Support ...

Berkadia

Senior Underwriting Analyst

Chevy Chase, MD · Hybrid

The Senior Underwriting Analyst should be capable of managing their own deals with minimal oversight from the Underwriter. We Innovate to shape the future of CRE, so in this role you will: Execute ...

CNA

Underwriting Director (Contract Surety)

Timonium, MD · On-site

$97K - $189K/yr

Leads and directs an underwriting group and is accountable for business results through overall ... In conjunction with senior management, works within the highest limits of authority. Has regional ...

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Underwriting Manager information

See Silver Spring, MD salary details

$49.6K

$106.6K

$163.9K

How much do underwriting manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for underwriting manager in Silver Spring, MD is $106,564.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,600.00 and $125,100.00 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 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.

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.
More about Underwriting Manager jobs
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What cities near Silver Spring, MD are hiring for Underwriting Manager jobs? Cities near Silver Spring, MD with the most Underwriting Manager job openings:
Underwriting Manager jobs near you

Underwriting Manager - Lloyds

CMZ Companies, Inc.

Baltimore, MD • On-site

Full-time

Medical, Dental, Retirement

Re-posted 7 days ago

Job description

Underwriting Manager-Lloyds Business -Maryland
Long standing and well structured MGA and wholesale brokerage operation writing and placing excess and surplus lines business in multiple states is seeking a Property Underwriting Manager for Lloyds Business.
This is an in-house underwriting manager/underwriter opportunity to be housed in Northern Maryland responsible for the underwriting, production and overall profit of the property book. Supervise an underwriting team of 2-3 with a focus on developing small to mid size accounts.
The qualified property underwriting leader will have direct and extensive background with Lloyds Property underwriting by possessing a thorough underwriting expertise of the Lloyds Property market, negotiating contracts with London brokers and syndicates, has experience with Lloyds property binding authorities, understands and has prepared property claims and premium bordereau's, has underwritten and placed Lloyd's property business within contracts and in the open market, has visited Lloyd's and can function as a competent and respected inside Underwriting Manager for this sizeable book of Lloyd's Property business.
Compensation/base salary will be determined according to experience level including performance bonus, full benefits which include medical, dental, eye, 401K, ST and LT disability, etc. *Consideration for relocation candidates who qualify

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