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Underwriting Training Program Jobs in Michigan (NOW HIRING)

Business Banking Underwriter III

Detroit, MI · On-site +1

$70K - $140K/yr

... is responsible for underwriting Business Banking loans to determine credit worthiness and ... Appropriately assess risk profile of borrower. * Assist with training and mentoring new hires as ...

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Underwriting Training Program information

See Michigan salary details

$7

$19

$29

How much do underwriting training program jobs pay per hour?

As of Jul 15, 2026, the average hourly pay for underwriting training program in Michigan is $19.41, according to ZipRecruiter salary data. Most workers in this role earn between $14.66 and $23.89 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.

Will AI replace underwriting?

AI is increasingly used in underwriting to automate data analysis and risk assessment, but it is unlikely to fully replace underwriters. Human judgment remains essential for complex cases, decision-making, and interpreting nuanced information. Underwriters will continue to adapt by integrating AI tools into their workflows to improve efficiency and accuracy.

Can I become an underwriter with no experience?

Underwriting training programs often accept candidates with little or no prior experience, as they provide comprehensive training on insurance policies, risk assessment, and industry tools. Having strong analytical skills, attention to detail, and a willingness to learn can help you succeed in entering an underwriting role without previous experience.

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.

Is underwriting a high paying career?

Underwriting can be a well-paying career, especially with experience and specialization in areas like commercial or specialty insurance. Salaries vary by industry, location, and level of expertise, but many underwriters earn competitive wages and have opportunities for advancement. Certifications and strong analytical skills can also enhance earning potential.

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.

How do you train to be an underwriter?

Training to be an underwriter typically involves completing a relevant degree such as in finance, business, or risk management, followed by on-the-job training where new underwriters learn company-specific policies and tools. Many programs also include coursework or certifications in insurance principles and risk assessment to develop necessary skills.
What are popular job titles related to Underwriting Training Program jobs in Michigan? For Underwriting Training Program jobs in Michigan, the most frequently searched job titles are:
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What cities in Michigan are hiring for Underwriting Training Program jobs? Cities in Michigan with the most Underwriting Training Program job openings:
Infographic showing various Underwriting Training Program job openings in Michigan as of July 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, 1% Temporary, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $40,369 per year, or $19.4 per hour.
Junior Mortgage Underwriter

Junior Mortgage Underwriter

Jolt Credit Union

Saginaw, MI • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago


Job description

Job Type
Full-time
Description
Join Our Team as a Junior Mortgage Underwriter
Location: State Street Branch - Saginaw, MI
Schedule: 40 hours/week
Jolt Credit Union is seeking a detail-oriented Junior Mortgage Underwriter who thrives in a fast-paced environment and is committed to delivering accurate underwriting decisions, maintaining regulatory compliance, and providing outstanding support to members and lending staff.
Why Join Jolt?
At Jolt, we're more than just a credit union, we're a community. Our employees are energetic, motivated, and dedicated to making a real impact for our members every single day. We believe every team member plays a key role in our success, and we're committed to supporting your growth along the way.
What We Offer You
4 Competitive Medical Plan Options
Dental and Vision Insurance
401(k) with Employer Match
Flexible Spending Account(s)
Employee Assistance Program
Employee Wellness Program with Quarterly Bonus Incentives
Training, Growth Opportunities, and a Supportive Team Culture
Paid Time Off
About the Role
As a Junior Mortgage Underwriter, you'll evaluate and underwrite mortgage, construction, and HELOC loans while ensuring compliance with investor and regulatory guidelines. You'll also support mortgage closings, coordinate with third-party vendors, and assist in selling eligible loans on the secondary market.
The Junior Mortgage Underwriter plays an important role in delivering an exceptional member experience while maintaining sound lending practices and regulatory compliance.
Key Responsibilities:
  • Underwrite conventional mortgage loans according to conforming investor guidelines.
  • Underwrite portfolio mortgages, construction loans, and HELOCs according to credit union policies.
  • Review mortgage modifications and HELOC rewrites upon maturity.
  • Prepare and review loan documentation for accuracy and compliance prior to closing.
  • Coordinate mortgage closings with members, title companies, and other parties.
  • Enter and maintain loan information within the Loan Origination System (LOS) and Symitar.
  • Disburse approved mortgage loans.
  • Order appraisals, title insurance, surveys, flood certifications, inspections, and other required documentation.
  • Sell eligible mortgage loans to approved secondary market investors.
  • Communicate with investors and agencies including Fannie Mae, Freddie Mac, FHLBI, MSHDA, and approved PMI companies to ensure loan salability and insurability.
  • Answer member inquiries by phone and in person, assist with appointments, and provide exceptional member service.

What you Bring to the Team:
  • High school diploma required.
  • Minimum 3 years of mortgage underwriting experience.
  • Experience underwriting residential mortgage loans.
  • Proficiency with Microsoft Outlook and standard office software.
  • Experience using mortgage lending and loan origination systems.
  • Ability to obtain and maintain Nationwide Mortgage Licensing System (NMLS) registration, if required.

We value people who are:
Energetic
Motivated
Empathetic
Committed to community service
If that sounds like you, you'll feel right at home here.