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Underwriting Program Jobs in Washington (NOW HIRING)

Underwriter

Bethesda, MD · Hybrid

$80K - $90K/yr

... resource of underwriting expertise to support our other TVC departments, particularly Sales, Processing, and Valuations teams Develop a strong working knowledge of all TVC loan programs and ...

... Program guidelines and offer direction to the team for guide compliance, establish underwriting/closing timeline, and make borrower introductions * Manage to customer satisfaction and internal ...

... for underwriting and submitting assigned financing applications to the Department of Housing and ... Candidate should have a working knowledge of affordable housing programs including LIHTC, HOME, RAD ...

Communicates corporate goals, programs, underwriting policies, procedures, best practices and guidelines to agents. * Prepares quotes and answers questions from agencies, policyholders or other ...

Senior Production Underwriter

Washington, DC · Remote

$111K - $131K/yr

Communicates corporate goals, programs, underwriting policies, procedures, best practices and guidelines to agents. * Prepares quotes and answers questions from agencies, policyholders or other ...

Background developing underwriting programs, specialty insurance products, or strategic insurance partnerships * Experience working with startups, venture-backed companies, or emerging markets * CPCU ...

Senior Production Underwriter

Washington, DC · On-site

$111K - $131K/yr

Communicates corporate goals, programs, underwriting policies, procedures, best practices and guidelines to agents. * Prepares quotes and answers questions from agencies, policyholders or other ...

Background developing underwriting programs, specialty insurance products, or strategic insurance partnerships * Experience working with startups, venture-backed companies, or emerging markets * CPCU ...

Surety Underwriter

Lake Ridge, VA · On-site

$140K - $250K/yr

... underwriting requirements, status, and declinations to drive results. • Conduct strategic, thorough account reviews and file documentation. Highly rated company offers training programs, full ...

Underwriter

Fairfax, VA · On-site

$65K - $154K/yr

Determines the amount of loan to be approved when all criteria for underwriting have been met ... Analyzes appraisals (including FHA, under DE program, SAR under VA program and Portfolio Jumbo)

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Underwriting Program information

What are some common challenges faced by professionals working in an underwriting program, and how can they be addressed?

Professionals in underwriting programs often encounter challenges such as balancing risk assessment with business growth goals, managing tight deadlines, and adapting to evolving regulatory requirements. Staying updated with industry guidelines, leveraging advanced data analytics tools, and cultivating strong communication skills are essential strategies for overcoming these hurdles. Additionally, collaborating closely with sales, legal, and claims teams helps underwriters make well-informed decisions and maintain consistency across the organization.

What is an underwriting program?

An underwriting program is a structured process used by financial institutions, insurance companies, or lenders to evaluate the risk and eligibility of applicants for loans, insurance policies, or other financial products. The program sets the guidelines and criteria for assessing factors such as creditworthiness, health, or property value before approving or denying an application. By standardizing this evaluation, underwriting programs help organizations make informed decisions, minimize risk, and ensure compliance with regulations.

What is the difference between Underwriting Program vs Underwriter?

AspectUnderwriting ProgramUnderwriter
CredentialsTypically requires insurance or finance certifications, such as CPCU or FCASSame certifications often required, with additional experience in risk assessment
Work EnvironmentFocuses on developing, managing, and implementing underwriting policies and programsPerforms risk evaluation, decision-making, and approval of individual insurance applications
Employer & Industry UsageCommonly employed by insurance companies, brokers, and underwriting firmsFound within insurance companies, underwriting agencies, and brokers

In summary, an Underwriting Program focuses on creating and managing underwriting strategies and policies, while an Underwriter evaluates individual risks and approves insurance applications. Both roles require similar credentials and work within the insurance industry, but their responsibilities differ in scope and focus.

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

To excel in an Underwriting Program, strong analytical skills, attention to detail, and a relevant degree in finance, business, or a related field are essential. Familiarity with underwriting software, risk assessment tools, and industry certifications such as CPCU or AU are typically required. Effective communication, critical thinking, and decision-making skills help underwriters collaborate with stakeholders and evaluate complex information. These abilities ensure accurate risk evaluation, regulatory compliance, and profitable decision-making for financial institutions.

Principal, Multifamily Credit and Underwriting - Senior Housing

Fanniemae

Washington, DC

$111K - $131K/yr

Full-time

Medical, Life

Posted 10 days ago


Job description

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As valued contributor to our team, you will collaborate with colleagues and management to facilitate communications and negotiations between Fannie Mae and clients regarding loans and other investments. In this capacity, you will work with your team to underwrite and review the issuance of securities to customers.

THE IMPACT YOU WILL MAKE

The Principal, Multifamily and Credit Underwriting - Senior Housing role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

  • Collaborate with management on potential risks and costs involved with providing services to a customers
  • Evaluate and recommend changes to the review process to determine lending decisions
  • Recommend changes to process related to the issuance of securities or other financial loans to the customer
  • Provide Senior Housing Subject Matter Expertise across the Fannie Mae Multifamily platform

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 8 years of Multifamily underwriting and management experience
  • Comprehensive knowledge of senior housing and healthcare-related real estate loans, property operations, major national and regional owners and operators
  • A comprehensive knowledge of commercial mortgage Multifamily underwriting including property level financial analysis, borrower organizational structure, and market analyses
  • Demonstrated experience in underwriting and structuring complex transactions
  • Curiosity and adaptability learning and responsibly applying new techniques, including artificial intelligence, to reimagine how we work

Desired Experience

  • Bachelor's degree or equivalent
  • Demonstrated relationship management skills, with a proven ability to engage effectively with internal and external stakeholders
  • Strong written, verbal, and presentation skills for communicating complex transactions to senior leadership and other internal stakeholders
  • Adept at delivering clear and concise presentations tailored to diverse stakeholder audiences
  • Strong influencing skills, including negotiation, persuasion, and effective facilitation of meetings
  • Experience guiding organizational change initiatives to support and achieve strategic objectives
  • Knowledge of DUS/GSE underwriting guidelines

Multifamily Risk - Underwriting - Principal

#LI-NL1 - Hybrid

Qualifications

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.


Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

175000

to

239000