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Underwriting Jobs in Indiana (NOW HIRING)

Underwriting Assistant

Indianapolis, IN · On-site

$21 - $26.80/hr

Assistant Surety Underwriting Location: Indianapolis, IN - Hybrid (Monday-Wednesday onsite) Duration: 3 months with possible extension Pay Rate: $21.00-$26.80/hr Job Overview We are seeking an ...

Underwriting Consultant

Carmel, IN · Hybrid

$114K - $176K/yr

We are currently seeking an underwriting consultant with strong technical experience to join our Corporate Underwriting Team. The ideal candidate will have subject matter expertise in a line of ...

Underwriting Consultant

Carmel, IN · Hybrid

$114K - $176K/yr

We are currently seeking an underwriting consultant with strong technical experience to join our Corporate Underwriting Team. The ideal candidate will have subject matter expertise in a line of ...

Underwriting Assistant

Indianapolis, IN · On-site

$18.75 - $25.50/hr

We are seeking an experienced, highly motivated insurance professional to join our Underwriting team. The ideal candidate should have experience in transportation insurance or be willing to learn the ...

Underwrites Multi-line accounts accordance with agreed upon underwriting guidelines, regulatory compliance and carrier administration standards requirements (standard / non-standard market) * Deliver ...

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Showing results 1-20

Underwriting information

See Indiana salary details

$45.7K

$98.1K

$150.8K

How much do underwriting jobs pay per year?

As of Sep 14, 2026, the average yearly pay for underwriting in Indiana is $98,089.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,300.00 and $115,100.00 per year, depending on experience, location, and employer.

What is underwriting?

Underwriting is the process by which financial institutions, such as banks or insurance companies, assess the risk and eligibility of a potential client or transaction. Underwriters review applications for loans, insurance policies, or securities to determine if they meet the organization's guidelines and standards. They analyze information such as credit history, financial statements, and other risk factors to make informed decisions. The goal of underwriting is to ensure that the institution takes on acceptable levels of risk while providing financial products or services.

How does an underwriter typically collaborate with other departments within an organization?

Underwriters regularly interact with teams such as sales, risk assessment, and claims to ensure accurate evaluation of applications and adherence to company policies. They may consult with sales agents to clarify application details, work with risk analysts to assess complex cases, and communicate with claims departments to review historical claims data. This collaborative approach helps create balanced decisions that protect the company's interests while supporting client needs. Strong communication and teamwork skills are essential for underwriters to manage these cross-functional relationships effectively.

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

To thrive as an Underwriter, you need strong analytical skills, attention to detail, and a solid understanding of risk assessment, typically supported by a degree in finance, business, or a related field. Familiarity with underwriting software, risk modeling tools, and industry certifications such as CPCU or ARM is often required. Effective communication, sound judgment, and decision-making abilities are critical soft skills for collaborating with clients and colleagues. These competencies ensure accurate risk evaluation, contribute to profitable decision-making, and maintain the integrity of the underwriting process.

What is the difference between Underwriting vs Claims Adjuster?

AspectUnderwritingClaims Adjuster
Primary RoleAssessing risk and determining policy termsInvestigating and settling insurance claims
Required CredentialsInsurance licenses, sometimes certifications like CPCUInsurance licenses, sometimes adjuster certifications
Work EnvironmentOffice-based, analytical tasksFieldwork and office work, investigative
Industry UsageInsurance companies, underwriting firmsInsurance companies, third-party claims services

Underwriting and claims adjuster roles both operate within the insurance industry but focus on different stages. Underwriters evaluate risks before policies are issued, while claims adjusters handle claims after incidents occur. Both roles require insurance licenses and analytical skills, but their daily tasks and work environments differ significantly.

Do underwriters earn good money?

Underwriters typically earn competitive salaries that vary based on experience, industry, and location. Entry-level underwriters may start with lower pay, but experienced professionals with specialized skills or certifications can earn higher wages, often supplemented by bonuses and benefits.

Is underwriting a hard career?

Underwriting is a detail-oriented profession that requires strong analytical skills, attention to detail, and knowledge of insurance or financial products. It can be challenging due to the need to assess risk accurately and make decisions under pressure, but with training and experience, it becomes more manageable. Success often depends on developing technical skills, understanding industry standards, and obtaining relevant certifications.

What does an underwriting job do?

An underwriting job involves evaluating and assessing the risk of insuring individuals or assets, such as in insurance or lending. Underwriters review applications, analyze financial and personal information, and determine approval, denial, or terms for coverage or loans, often using specialized software and adhering to company guidelines.

What underwriting gets paid the most?

Senior or specialized underwriters, such as those in complex or high-value insurance lines like reinsurance, tend to earn the highest salaries in underwriting. Experience, certifications, and industry sector also influence compensation, with those in leadership roles or working for large firms typically earning more.

What are the most commonly searched types of Underwriting jobs in Indiana?

The most popular types of Underwriting jobs in Indiana are:

What cities in Indiana are hiring for Underwriting jobs?

Cities in Indiana with the most Underwriting job openings:

Infographic showing various Underwriting job openings in Indiana as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $98,089 per year, or $47.2 per hour.

Underwriting Assistant

Indianapolis, IN • On-site

$21 - $26.80/hr

Other

Posted 12 days ago


Job description

Job Title: Assistant Surety Underwriting

Location: Indianapolis, IN – Hybrid (Monday–Wednesday onsite)

Duration: 3 months with possible extension

Pay Rate: $21.00–$26.80/hr


Job Overview

We are seeking an Assistant Surety Underwriting professional to provide administrative and underwriting support for a national surety organization. This role will work closely with agents, clients, underwriters, and internal teams to process transactions, maintain accurate records, and provide excellent customer service.


Key Responsibilities

  • Provide administrative and underwriting support to agents, clients, and underwriters.
  • Process new bonds, renewals, endorsements, cancellations, reinstatements, and related transactions.
  • Enter bond information, rates, codes, and supporting documentation into internal systems.
  • Review documents for accuracy and completeness.


Qualifications

  • High school diploma or equivalent required.
  • 1+ year of experience supporting complex transactions; 3+ years preferred.
  • Experience in Surety, Property & Casualty (P&C) insurance, underwriting support, or insurance operations is highly preferred.
  • Proficiency with Microsoft Outlook, Excel, Word, SharePoint, and Teams.
  • Must be comfortable working onsite 3 days per week in Indianapolis, IN.