1

Underwriting Portfolio Manager Jobs (NOW HIRING)

Promote from within culture The ABL Underwriting Portfolio Manager is responsible for underwriting new business opportunities and managing an existing portfolio of credit relationships. This role is ...

Promote from within culture The ABL Underwriting Portfolio Manager is responsible for underwriting new business opportunities and managing an existing portfolio of credit relationships. This role is ...

next page

Showing results 1-20

Underwriting Portfolio Manager information

See salary details

$48K

$103.1K

$158.5K

How much do underwriting portfolio manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for underwriting portfolio manager in the United States is $103,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What is an underwriting portfolio manager?

Underwriting Portfolio Managers are financial professionals responsible for overseeing and managing a portfolio of underwritten loans, insurance policies, or other financial products. They assess risk, ensure compliance with underwriting standards, and make decisions on whether to approve or decline applications. Their role often involves analyzing data, monitoring portfolio performance, and collaborating with other teams to optimize profitability while minimizing risk. They play a key part in maintaining the financial health and stability of lending or insurance operations.

What are the key skills and qualifications needed to thrive as an underwriting portfolio manager?

To thrive as an Underwriting Portfolio Manager, you need strong analytical skills, in-depth knowledge of risk assessment, and a background in finance or insurance, often supported by a relevant bachelor's degree. Familiarity with underwriting software, risk modeling tools, and portfolio management systems is typically required, along with professional certifications like the Chartered Property Casualty Underwriter (CPCU). Excellent decision-making, communication, and leadership abilities help manage teams and build relationships with clients and stakeholders. These skills ensure effective risk management, profitable portfolio growth, and compliance with industry standards.

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

An Underwriting Portfolio Manager frequently collaborates with risk analysts, actuaries, sales teams, and senior management to ensure the portfolio aligns with the company's risk appetite and business goals. They work closely with underwriting teams to assess and approve complex cases, coordinate with data analytics groups to monitor portfolio performance, and communicate regularly with business development to adjust strategies based on market trends. This cross-functional interaction helps maintain a balanced and profitable portfolio while adapting to regulatory changes and market dynamics.

What is the difference between Underwriting Portfolio Manager vs Underwriter?

AspectUnderwriting Portfolio Manager
CredentialsTypically requires professional certifications like CPCU or ARM, along with several years of underwriting experience.
Work EnvironmentManages multiple portfolios, overseeing teams and strategic risk decisions in an office setting.
Employer & IndustryCommonly employed by insurance companies, reinsurance firms, and large brokers.

While Underwriters evaluate individual risks, Underwriting Portfolio Managers oversee multiple portfolios, focusing on strategic management and team leadership. Both roles require strong underwriting knowledge and certifications, but the Portfolio Manager has broader responsibilities in risk aggregation and business growth.

Are underwriting portfolio managers paid well?

Underwriting portfolio managers typically earn competitive salaries that vary based on experience, location, and industry sector. They often receive additional compensation such as bonuses and benefits, reflecting their responsibility for managing large risk portfolios and making strategic underwriting decisions.

Is underwriting a stressful job?

Underwriting as a portfolio manager involves assessing risks and making decisions that can impact company profitability, which can be stressful due to the high stakes and responsibility. The role often requires attention to detail, analytical skills, and the ability to work under tight deadlines, contributing to workplace pressure. However, stress levels vary depending on the organization, workload, and individual resilience.

What is portfolio management in underwriting?

In underwriting, portfolio management involves overseeing a collection of insurance policies or loans to ensure risk diversification, profitability, and compliance with company strategies. Underwriters analyze the overall portfolio to identify trends, adjust risk exposure, and optimize performance using data analysis and risk assessment tools. Effective portfolio management helps maintain a balanced and sustainable book of business.

What cities are hiring for Underwriting Portfolio Manager jobs?

Cities with the most Underwriting Portfolio Manager job openings:

What states have the most Underwriting Portfolio Manager jobs?

States with the most job openings for Underwriting Portfolio Manager jobs include:

What are popular job titles related to Underwriting Portfolio Manager jobs?

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

Infographic showing various Underwriting Portfolio Manager job openings in the United States as of September 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $103,082 per year, or $49.6 per hour.

Specialty Finance Underwriting Portfolio Manager 2

Pittsburgh, PA • On-site

F.N.B. Corporation
Finance and Insurance • 1 - 5K employees

Full-time

Re-posted 5 days ago


Job description

Primary Office Location:
626 Washington Place. Pittsburgh, Pennsylvania. 15219.
Join our team. Make a difference - for us and for your future.
Position Title: Specialty Finance Underwriting Portfolio Manager 2
Business Unit: Credit
Reports to: Specialty Finance Underwriting Portfolio Manager Team Leader
Position Overview:
Responsible for managing a designated Commercial loan portfolio supporting Asset Based Lending, Equipment Finance, Debt Capital Markets portfolios, and Counter Party analysis, including portfolio management, credit underwriting, and ensuring compliance with bank and regulatory guidelines. Responsible for the quality of underwriting and ongoing portfolio management metrics for portfolio under purview. Assists Commercial Relationship Managers in the management of client relationships while maintaining a high degree of creditability. Act as a mentor to junior team members. The incumbent typically works on loans/portfolios of medium complexity as the incumbent's work requires some oversight.
Primary Responsibilities:
Responsible for underwriting, monitoring, and analyzing assigned Commercial portfolio. Ensure risks are identify timely, maintaining a high degree of accuracy and quality underwriting, and portfolio management practices are aligned with the bank's risk appetite and regulatory standards. Maintain professional development and measurable objectives.
Leader on complex transactions including syndications, multi-level capital structures, and/or ABL, Equipment Finance relationships while demonstrating excellent communication skills to voice opinion in a clear, concise manner to effectively solve problems/make recommendations regarding credit structure, risk, appropriate risk ratings and policy compliance.
Monitors and ensures assigned portfolio is within acceptable tolerances as well as published KPIs/KRIs.
Assists Commercial Relationship Managers in the management of client relationships while maintaining a high degree of creditability. Optimize customer relationships working directly with Relationship Managers.
Ensure sustained satisfactory reviews by regulators, internal auditors, external auditors, and loan review for depth of underwriting, identification of Policy Exceptions, and appropriate underwriting stress analysis of credits underwritten.
Works with manager on group-wide initiatives for process, roles and responsibilities enhancements, and/or output improvements. Acts as a mentor to junior Underwriting Portfolio Managers.
Effectively present proposed credit actions in written analysis document and as necessary, verbally to committee and meetings.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
3
Skills Required to Perform the Primary Responsibilities of this Position:
Excellent project management skills
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Excellent customer service skills
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
Knowledge of a wide range of Commercial lending and underwriting practices, and banking practices, specifically ABL, Equipment Finance, and Capital Markets lines of business
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
N/A
Physical Requirements or Work Conditions Beyond Traditional Office Work:
Travel may be required on occasion
Equal Employment Opportunity (EEO):
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.