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Underwriting Training Program Jobs in Virginia (NOW HIRING)

Underwriter

Forest, VA · On-site

$49K - $73K/yr

We offer a merit-based work-from-home program based on job responsibilities. After initial training ... Acquire a working knowledge of supporting sections of the underwriting department. * Effectively ...

Underwriter

Forest, VA · On-site

$49K - $73K/yr

We offer a merit-based work-from-home program based on job responsibilities. After initial training ... Acquire a working knowledge of supporting sections of the underwriting department. * Effectively ...

Identify, implement, and monitor training programs; provide targeted coaching to address skill gaps ... Serve as a cross-functional liaison between Underwriting Assistants (UAs), Underwriters, Operation ...

Identify, implement, and monitor training programs; provide targeted coaching to address skill gaps ... Serve as a cross-functional liaison between Underwriting Assistants (UAs), Underwriters, Operation ...

Identify, implement, and monitor training programs; provide targeted coaching to address skill gaps ... Serve as a cross-functional liaison between Underwriting Assistants (UAs), Underwriters, Operation ...

Captives Underwriter

Alexandria, VA · Hybrid

$124K - $199K/yr

Manage program to achieve underwriting excellence, pricing adequacy and targeted ROE's. Production ... Bachelor's Degree preferred, or equivalent combination of education, training and experience * 5 + ...

Showing results 21-40

Underwriting Training Program information

What is an underwriting training program?

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.

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 are popular job titles related to Underwriting Training Program jobs in Virginia?

For Underwriting Training Program jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Underwriting Training Program jobs in Virginia look for?

The top searched job categories for Underwriting Training Program jobs in Virginia are:

What cities in Virginia are hiring for Underwriting Training Program jobs?

Cities in Virginia with the most Underwriting Training Program job openings:

Infographic showing various Underwriting Training Program job openings in Virginia as of August 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 95% In-person, and 5% Remote job distribution.

Underwriting - Senior Underwriter

Stanley Martin Homes

Fairfax, VA • On-site

$85K - $110K/yr

Full-time

Medical, Life, Retirement, PTO

Re-posted 26 days ago


Job description

Join the First Heritage Mortgage Team
We're just as committed to our employees as we are to our customers. As a growing leader in the mortgage industry, we are actively seeking creative, driven individuals to provide the highest level of service and forward-looking solutions.
Explore Opportunities Today
The Senior Underwriter is responsible for reviewing and rendering credit decisions on FHA, VA,
Conventional, and Non-Agency residential mortgage loan applications, ensuring full compliance with First Heritage
Mortgage LLC, investor, and agency guidelines. This role requires expert-level knowledge of HUD and VA policies, strong
risk assessment skills, and the ability to apply overlays consistently. The Senior Government Underwriter will utilize active
FHA Direct Endorsement (DE) and/or VA SAR/LAPP authority to review credit, income, assets, and collateral, making
sound credit decisions while mentoring junior underwriting staff and supporting complex loan scenarios.
Responsibilities and Duties
Underwriting & Decisioning
• Review and validate credit, property, income, asset, and employment documentation for FHA, VA, USDA, and
applicable state housing programs.
• Apply HUD Handbook 4000.1, VA Lender's Handbook, investor overlays, and company guidelines to ensure
compliance.
• Utilize DE and/or SAR authority to approve, suspend, counter-offer, or decline loan files.
• Review and analyze appraisals for accuracy, completeness, and acceptability under FHA and VA requirements.
• Identify and address red flags for potential fraud or misrepresentation.
Collaboration & Communication
• Prepare clear, concise underwriting summaries outlining the credit decision rationale.
• Communicate conditions and decisions effectively to Loan Officers, Processors, and other stakeholders.
• Support escalated scenarios and complex guideline interpretation requests.
File Management & Quality Control
• Review resubmissions and clear conditions to issue final approvals.
• Maintain quality underwriting standards to minimize audit findings and repurchase risk.
• Stay informed on guideline, regulatory, and compliance changes, ensuring timely application in daily work.
Mentorship & Leadership Support
• Provide guidance and training to less experienced underwriters and processing staff.
• Contribute to internal underwriting policy updates and procedural improvements.
Qualifications
Required Skills/Abilities
• Exceptional written and verbal communication skills.
• Proven ability to document clear, defensible underwriting decisions.
• High attention to detail and strong analytical capabilities.
• Expertise in credit, income, and asset evaluation for FHA and VA lending.
• Proficiency in reviewing personal and business tax returns for income calculation.
• In-depth knowledge of underwriting policies, investor guidelines, and current regulatory requirements.
• Professional judgment to handle confidential borrower information with integrity.
• Strong time management and organizational skills to meet volume and turn-time goals.
Education/Experience Requirements
• Minimum 5+ years recent FHA and VA residential mortgage underwriting experience.
• Active FHA Direct Endorsement (DE) and/or VA SAR/LAPP designation in good standing required.
• Experience underwriting USDA and state housing finance/bond programs preferred (Virginia Housing, Maryland
Housing, etc.)
• Experience in a high-volume retail mortgage environment strongly preferred.
• Knowledge of Encompass Loan Origination System preferred.
What's In It For Me:
  • Access to competitively priced, high-quality health care options through Aetna, MetLife and EyeMed, along with employer-paid Short Term and Long Term disability, basic life and AD&D insurance (including employee-paid life, Legal Resources, and Aflac supplemental options)
  • Plan for the future by investing in a 401(K), with up to $4K employer match, invest even more with our Health Savings Account (HSA)
  • Put your family first with Flexible Spending Account (FSA) for dependent care
  • 12 weeks of paid maternity leave through our Short-Term Disability Plan
  • Receive well-rounded wellness benefits, including free and low-cost mental health resources and support services through our Employee Assistance Program
  • Rest and relax with Paid Time Off (increases with tenure)
  • Protect yourself from identity theft or travel mishaps with our no-cost coverage
  • Get access to your paycheck early with an advanced pay option through Dayforce Wallet