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Underwriting Training Program Jobs in Indiana (NOW HIRING)

If you're a detail-oriented professional with at least 3 years of mortgage underwriting experience ... Access to training, education, and advancement opportunities * Employee Assistance Program (EAP)

If you're a detail-oriented professional with at least 3 years of mortgage underwriting experience ... Access to training, education, and advancement opportunities * Employee Assistance Program (EAP)

Senior Credit Analyst

Munster, IN · On-site

$71K - $84K/yr

Completion of a major corporate bank credit training program preferred. * Broad exposure to credit ... Proficiency in a credit underwriting platform. * Must be able to read, interpret and analyze credit ...

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Underwriting Training Program information

See Indiana salary details

$7

$21

$32

How much do underwriting training program jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for underwriting training program in Indiana is $21.19, according to ZipRecruiter salary data. Most workers in this role earn between $16.01 and $26.06 per hour, depending on experience, location, and employer.

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

To thrive in an Underwriting Training Program, candidates typically need a bachelor's degree in finance, business, economics, or a related field, along with strong analytical and mathematical skills. Familiarity with spreadsheet software, underwriting systems, and industry certifications such as the Chartered Property Casualty Underwriter (CPCU) can be advantageous. Attention to detail, critical thinking, and effective communication are important soft skills for collaborating with teams and analyzing risk. These abilities help ensure accurate risk assessments, efficient workflow, and a strong foundation for future underwriting responsibilities.

What is an Underwriting Training Program job?

An Underwriting Training Program is an entry-level position designed to train individuals in the fundamentals of risk assessment, policy evaluation, and decision-making within the insurance or financial industries. Trainees typically receive structured classroom instruction and hands-on experience working with senior underwriters. The program aims to develop analytical, communication, and decision-making skills necessary for assessing loan or insurance applications. Upon completion, participants often transition into underwriting roles with increased responsibilities.

What can I expect during my time in an Underwriting Training Program?

During an Underwriting Training Program, you can expect to participate in a combination of classroom instruction and hands-on learning, where you’ll be introduced to risk assessment methods, insurance products, and company-specific underwriting guidelines. You’ll often work closely with experienced underwriters, shadowing their activities, reviewing case studies, and gradually taking on more responsibility in evaluating applications. The program typically emphasizes teamwork, ongoing feedback, and regular progress evaluations to prepare you for a full underwriting role. This immersive experience is designed to build your technical knowledge, decision-making skills, and confidence in handling real-world underwriting challenges.

Infographic showing various Underwriting Training Program job openings in Indiana as of May 2026, with employment types broken down into 100% Full Time. Highlights an 79% In-person, and 21% Remote job distribution, with an average salary of $44,072 per year, or $21.2 per hour.

Associate Underwriter

Bitco Corporation

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago


Job description

BITCO Corporation is seeking an Associate Underwriter to join our branch office located in Indianapolis IN. As a respected specialty insurer with 11 branch offices across 10 states, BITCO delivers tailored insurance solutions to complex industries such as construction, forest products, and oil and gas.

This position is open to a hybrid work arrangement, blending flexibility with meaningful in-person collaboration. Candidates should be comfortable with occasional business travel to other BITCO offices and offsite locations.

At BITCO, our work is guided by core values. We care deeply about our people, partners, and customers. We are committed to excellence and accountability. We deliver on our promises with integrity and precision, and we strive to make a meaningful impact in everything we do. These values drive our mission to protect the people and industries that keep America running.

Join the BITCO team and be part of a workplace built on collaboration, open communication, and a positive culture that supports growth and success. If you are passionate about operational excellence and ready to make a measurable impact within a growing, industry-leading organization, BITCO offers the platform and challenge you have been looking for

Position Summary:

This position provides essential operational and administrative support to the local Underwriting team through a variety of functions, including new and renewal policy setup, account analysis, account coordination, data collection, and follow-up on outstanding information. The role supports efficient underwriting operations by ensuring accuracy, organization, and timely processing of account-related activities.

Primary Responsibilities:

  • Review new business submissions and enter into the policy system; review for fit within underwriting guidelines
  • Performs loss analysis and reviews other important detail and documentation on applications and accounts
  • Prepare issuance instructions according to either a completed proposal or binder order
  • May provide a full range of Underwriting support on smaller, less complex accounts
  • Collaborates with Underwriting team on quotes, renewals, applications, changes, and Underwriting issues
  • Builds and maintains effective relationships with agents, providing prompt service on questions, requests, and/or issues
  • Develops information for special reports and projects, as requested by Underwriting team or management
  • Initiates requests for renewal information and orders Experian or other investigative reports; initiates appropriate risk control service
  • Administers changes to new and renewal policies, utilizing the company's current rating/publishing system and ISO, NCCI, and related on-line manuals
  • Calculates premiums for endorsements and cancellations of policies
  • Works with internal billing team to resolve any issues related to billing on accounts
  • Coordinates account details and documentation, such as file set-up, follow up on endorsements, form completion, and proofreading
  • Performs other duties as assigned

Qualifications:

  • 2+ years of Commercial Insurance experience strongly preferred
  • Intermediate to advanced knowledge of commercial rating
  • Excellent communication skills, both verbal and written
  • Ability to read and interpret policy terms and other factual information
  • Ability to multi-task effectively within assigned deadlines
  • Demonstrated sense of urgency
  • Proven ability to provide prompt and effective customer service
  • Must be able to work effectively in an independent and team environment

Benefits:

  • Competitive salary paired with a comprehensive benefits package
  • Generous paid time off, plus 12 paid holidays annually
  • Comprehensive health coverage, including medical, dental, and vision plans
  • Additional protection through accident, critical illness, and hospital indemnity insurance
  • Company-paid life insurance equal to 2 annual salary
  • Company-paid short-term and long-term disability coverage
  • 401(k) Savings and Profit Sharing Plan through Old Republic
  • Ongoing education, training, and professional development opportunities
  • Support for industry certifications and insurance designations, including financial assistance
  • Flexible scheduling with a two-hour window for start and end times within a 7.5-hour workday
  • Opportunities to give back through corporate philanthropy and community service initiatives
  • Optional benefits including travel, commuter, and pet insurance
  • Employee wellness support through a dedicated fitness program