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Underwriting Trainee Program Jobs in Troy, MI (NOW HIRING)

MortgagePros

Loan Officer Trainee

Troy, MI · On-site

$13/hr

Maintain a strong understanding of mortgage guidelines, program offerings, and compliance ... Collaborate with internal teams including processors and underwriters to support seamless loan ...

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Underwriting Trainee Program information

What is the difference between Underwriting Trainee Program vs Underwriter?

AspectUnderwriting Trainee ProgramUnderwriter
CredentialsTypically requires a bachelor's degree, often in finance, economics, or related fieldsRequires relevant experience, certifications (e.g., CPCU), and industry knowledge
Work EnvironmentTraining-focused, entry-level, often in an office settingDecision-making role, responsible for evaluating risks and approving policies
Industry UsageCommonly used for onboarding new talent in insurance companiesEstablished professional role within insurance and reinsurance firms

The Underwriting Trainee Program is designed to train newcomers with foundational knowledge and skills, preparing them for a full underwriting role. In contrast, an Underwriter is an experienced professional responsible for assessing risks and making underwriting decisions. The program serves as a stepping stone toward becoming an underwriter, who typically has more industry experience and certifications.

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

To thrive in an Underwriting Trainee Program, you generally need a bachelor's degree (often in finance, business, or a related field), strong analytical abilities, and numerical proficiency. Familiarity with underwriting software, Microsoft Excel, and sometimes progress toward industry certifications like CPCU is beneficial. Attention to detail, effective communication, and eagerness to learn are standout soft skills for this entry-level role. These skills enable trainees to accurately assess risk, collaborate with teams, and develop into successful underwriters.

What is an underwriting trainee program?

An Underwriting Trainee Program is a structured entry-level development program designed to train individuals in the fundamentals of insurance underwriting. Trainees learn how to assess risks, price insurance policies, and make decisions about coverage under the guidance of experienced underwriters. These programs typically combine classroom instruction, on-the-job training, and mentorship. Upon successful completion, trainees may transition into full-time underwriting positions with increased responsibilities.

What types of projects and responsibilities can I expect to handle during an underwriting trainee program?

As an Underwriting Trainee, you will typically rotate through different lines of business and assist experienced underwriters in evaluating insurance applications, assessing risk, and determining policy terms. You'll be involved in reviewing financial documents, communicating with brokers and clients, and learning about regulatory compliance. The program often includes both classroom training and on-the-job experience, providing a well-rounded introduction to the underwriting process. This hands-on exposure helps you build foundational knowledge and prepares you for more independent underwriting responsibilities after completing the program.
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Underwriting Trainee Program jobs near you

Loan Officer Trainee

MortgagePros

Troy, MI • On-site

$13/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 4 days ago

Job description

About Us

MortgagePros is a rapidly growing mortgage company headquartered in Troy, Michigan. Since our founding in 2019, we’ve focused on helping homeowners secure smart, customized loan solutions through exceptional service and industry expertise. We are committed to developing top-performing professionals and offer the tools, training, and mentorship needed to succeed in a high-energy, performance-driven environment.

Position Overview

We are seeking motivated, client-focused individuals to join our team as Loan Officer Trainees. This role is ideal for individuals looking to start or grow their career in mortgage sales. You will receive hands-on training, support through the licensing process, and the opportunity to transition into a fully licensed Loan Officer role upon successful completion of our program.

Responsibilities

  • Build and manage a pipeline of prospective clients through outbound and inbound lead engagement
  • Consult with borrowers to understand their financial goals and recommend appropriate loan solutions
  • Educate clients on loan products, terms, and qualification processes
  • Maintain a strong understanding of mortgage guidelines, program offerings, and compliance requirements
  • Ensure timely and accurate communication with clients throughout the loan process
  • Collaborate with internal teams including processors and underwriters to support seamless loan closings

Qualifications

  • Excellent interpersonal, written, and verbal communication skills
  • Strong customer service orientation with the ability to build trust quickly
  • Proven sales aptitude or a strong desire to develop in a sales-driven role
  • Self-motivated and goal-oriented with a positive, team-first mindset
  • Prior mortgage, finance, or sales experience is a plus but not required
  • Must be willing to obtain a Mortgage Loan Originator license (training and support provided)

Compensation and Benefits

  • Hourly base pay of $18/hour during training
  • Commission-based earnings upon licensure, with competitive monthly draw of $2500
  • Paid training program led by licensed instructors
  • Health, dental, and vision insurance
  • 401(k) retirement plan
  • Complimentary Lifetime Fitness Membership
  • Opportunities for career advancement and ongoing professional development

Pay: From $18.00 per hour

Expected hours: 40 per week

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance
  • Lifetime Fitness Membership Access

Schedule:

  • 8 hour shift
  • Monday to Friday