Commercial Underwriter

In the event you need to be a Commercial Underwriter, here’re the quick reactions on the often-asked concerns. Do you know the principal obligations of Commercial Underwriter? There’re a great deal of obligations that Commercial Underwriter usually is expected to achieve, but the most important are the after that – to Analyze risk using data gather to form decisions regarding chosen options for processing policies and endorsements., Analyze and investigate prospects requesting a personal auto policy, homeowner's policy and flood insurance policy., Perform internal annual bank audits which include financial and historical analysis of corresponding commercial loans in portfolio., Prepare and evaluate4d on new business endorsements and renewal for homeowner, automobile, umbrella and watercraft policy. and Determine misrepresentation of occupancy, misrepresentation of employment/income and if the loan are eligible for delivery to FNMA..

Just what are my first actions to become Commercial Underwriter? Like for those professions, the very first vital thing is education and learning. In terms of Commercial Underwriter, there’re exciting experiments when it comes to training.

Commercial Underwriter Jobs Near Me

DISYS
Denver, CO
]] Underwrite Short- to Mid-term Commercial Loans: Single point of contact U.S. and foreign financial institution relationships Our range of industry expertise includes commercial banking, re...
Gallagher
Melville, NY
 ...employees are fueled by a culture built around teamwork, creativity and responsiveness. Essential Duties and Responsibilities: * Underwrites individual insurance applications to cover pr...
The Precious Agency
Cerritos, CA
]] Commercial underwriters perform varied job duties based on the number of clients they work with, the amount of money they lend, and the financial history of potential clients. Duties Included:...
National Bank of California
Los Angeles, CA
 ...Managers to develop and analyze all relevant credit information in conjunction with account officers pertaining to more complex commercial, business loan and real estate loans. Prepares or as...

Commercial Underwriter Career Path

Top Careers Before Commercial Underwriter

Can I move up the occupation ladder as being a Commercial Underwriter? Chances are, in fact around 15.5, that step one of your respective career step ladder as a Commercial Underwriter can be quite a positon of the Underwriter. After getting some practical experience, you can become a Customer Service Representative with the chance of 10.5. As well as over time there is a chance to become a Credit Analyst though 8.4 will ever become successful to this level.

Top Careers After Commercial Underwriter

Occasionally the experienced Commercial Underwriters would like to change their position. Moving up the career path, 18.3% of which will continue to work as an Underwriter, 13.0% move for the Senior Underwriter careers and 7.8% plan to come to be Customer Service Representative.

Commercial Underwriter Remote Jobs

In case you are seeking a remote job being a Commercial Underwriter, you are lucky as you may have came into the correct area. In this article you will find interesting job delivers to the Commercial Underwriter placement. Should you be interested in any vacancy, you can react to it.

International Search Consultants
Irving, TX
]] Commercial Underwriter – Commercial Banking Irving, TX The ISC’s team of Banking Recruiters is working with a growing bank with a strong presence in the Dallas-Fort Worth market. The Bank has...
Society Insurance Company
Dallas, TX
]] Job Information Job Title Commercial Underwriter II Home Department: Commercial Underwriting Employment Status: Exempt; Full-time Schedule: 40 hours/w...
National General Insurance
Dallas, TX
]] Primary Purpose: This position is responsible for evaluation of the Commercial product from an underwriting perspective and utilizing data from PS&S, Pricing, and Marketing to grow the Commercia...
General Placement Service
Denver, CO
]] General Placement Service is actively recruiting for a Specialty Underwriter in Commercial Lines who can handle a high volume of retail agency submissions for small to mid-sized accounts. Our...

Average Salary for a Commercial Underwriter

Average Salary

$57,000

What is the typical salary? The Commercial Underwriter in the USA generates $57000 a year normally. When it comes to hourly shell out, it is $27.4. When it comes to distinct levels, in this article we have now the next salary grades. If you’re a younger specialist, you will gain around 41000% a year of course, if you fit in with ten percent of substantial-class gurus, you can make 81000%.

The Bottom 10% - $41,000
The Average Salary - $57,000
The Top 10% - $81,000

How much do Commercial Underwriter make in different industries?

1. Insurance
$69,602
Avg.Salary
2. Finance
$62,478
Avg.Salary

Vacancies List From Industries

Are there openings for Commercial Underwriter? In case your Commercial Underwriter queries haven’t been successful, we are for assist. Listed below, there are actually a listing of openings which include remote and part time tasks. Look at all recent propositions available on the market. In this article you will discover all the Commercial Underwriter openings from different businesses together with the standard information, skills specifications, functioning problems the corporation has and wage rates.

The Jonus Group, LLC
New York, NY
]] Commercial Insurance Underwriter - New York Metro Area Insurance Wholesaler seeking Commercial Insurance Underwriter to join growing team. This role will drive and maintain profitability of a bo...
Donegal Insurance Group
Philadelphia, PA
 ...Glen Allen, VA. Donegal offers a broad range of personal and commercial insurance products sold exclusively through our network of...  ...Donegal Insurance Group has an opening f...
HKS Capital Partners, LLC
New York, NY
 ...support staff. Our pipeline and client base has also grown significantly, and to date we’ve closed over $13 billion of financing. Each underwriter will be given a unique opportunity to join o...
CyberCoders
Atlanta, GA
]] Commercial Loan Underwriter We are a top ranked financial firm headquartered in Georgia with a national reach. For the last 30 years we have been helping all kinds of customers find the right...

Which Companies Pay Commercial Underwriter The Most?

What companies provide the very best salaries? In accordance with the government work figures, at First Republic Bank Commercial Underwriters create the highest salary, $101798 to become specific. Moreover, this sort of businesses as Synovus and Merchants Bonding Company may also supply good wages like $90366 and $78651 respectively.

1. First Republic Bank
$88,000 - $116,000
$101,798
Avg.Salary
2. Synovus
$78,000 - $104,000
$90,366
Avg.Salary
3. Merchants Bonding Company
$67,000 - $92,000
$78,651
Avg.Salary
4. Westfield Group
$74,000 - $79,000
$76,639
Avg.Salary
5. Evans Bancorp
$71,000 - $79,000
$75,482
Avg.Salary
6. Kemper
$68,000 - $81,000
$74,841
Avg.Salary
7. Travelers Companies Foundation
$62,000 - $88,000
$74,775
Avg.Salary
8. Chubb
$68,000 - $80,000
$74,219
Avg.Salary
9. Liberty Mutual
$67,000 - $80,000
$73,905
Avg.Salary
10. Texas Capital Bancshares
$62,000 - $86,000
$73,870
Avg.Salary
The largest raises come from changing jobs.
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Best States for a Commercial Underwriter

With regards to the states, in which do the Commercial Underwriters may generate much more? By far the most successful states for the Commercial Underwriter are California, Michigan, Kansas, Pennsylvania, and Connecticut. The average earnings rates for Commercial Underwriter in California together with the populace of 39536653 means $75038 using the least expensive costs starting from $43000 even though the top gurus getting around $130000.

1. California
Highest 10% Earn: $130,000
$75,038
Avg.Salary
2. Michigan
Highest 10% Earn: $114,000
$67,878
Avg.Salary
3. Kansas
Highest 10% Earn: $110,000
$67,154
Avg.Salary
4. Pennsylvania
Highest 10% Earn: $114,000
$66,913
Avg.Salary
5. Connecticut
Highest 10% Earn: $110,000
$64,595
Avg.Salary
6. Massachusetts
Highest 10% Earn: $122,000
$72,773
Avg.Salary
7. Illinois
Highest 10% Earn: $105,000
$64,004
Avg.Salary
8. Delaware
Highest 10% Earn: $107,000
$63,126
Avg.Salary
9. North Dakota
Highest 10% Earn: $98,000
$63,873
Avg.Salary
10. Georgia
Highest 10% Earn: $106,000
$62,930
Avg.Salary
11. Oklahoma
Highest 10% Earn: $110,000
$65,925
Avg.Salary
12. Rhode Island
Highest 10% Earn: $109,000
$64,541
Avg.Salary
13. Oregon
Highest 10% Earn: $106,000
$63,774
Avg.Salary
14. New York
Highest 10% Earn: $112,000
$66,043
Avg.Salary
15. Tennessee
Highest 10% Earn: $104,000
$61,763
Avg.Salary
16. Ohio
Highest 10% Earn: $99,000
$58,941
Avg.Salary
17. Washington
Highest 10% Earn: $102,000
$63,354
Avg.Salary
18. Arizona
Highest 10% Earn: $98,000
$58,244
Avg.Salary
19. Nevada
Highest 10% Earn: $102,000
$60,424
Avg.Salary
20. Alabama
Highest 10% Earn: $96,000
$56,664
Avg.Salary
21. North Carolina
Highest 10% Earn: $97,000
$57,971
Avg.Salary
22. New Hampshire
Highest 10% Earn: $104,000
$63,080
Avg.Salary
23. Maryland
Highest 10% Earn: $112,000
$66,741
Avg.Salary
24. West Virginia
Highest 10% Earn: $97,000
$58,344
Avg.Salary
25. Florida
Highest 10% Earn: $100,000
$58,878
Avg.Salary
26. Maine
Highest 10% Earn: $96,000
$60,541
Avg.Salary
27. Vermont
Highest 10% Earn: $100,000
$61,160
Avg.Salary
28. District of Columbia
Highest 10% Earn: $109,000
$64,747
Avg.Salary
29. South Dakota
Highest 10% Earn: $83,000
$53,291
Avg.Salary
30. Idaho
Highest 10% Earn: $90,000
$56,522
Avg.Salary
31. Kentucky
Highest 10% Earn: $91,000
$54,808
Avg.Salary
32. Hawaii
Highest 10% Earn: $72,000
$53,912
Avg.Salary
33. Alaska
Highest 10% Earn: $71,000
$58,899
Avg.Salary
34. New Jersey
Highest 10% Earn: $101,000
$59,535
Avg.Salary
35. Indiana
Highest 10% Earn: $90,000
$54,321
Avg.Salary
36. Iowa
Highest 10% Earn: $84,000
$52,161
Avg.Salary
37. Wyoming
Highest 10% Earn: $77,000
$49,463
Avg.Salary
38. Colorado
Highest 10% Earn: $85,000
$53,087
Avg.Salary
39. South Carolina
Highest 10% Earn: $94,000
$55,765
Avg.Salary
40. Texas
Highest 10% Earn: $88,000
$51,530
Avg.Salary
41. Wisconsin
Highest 10% Earn: $90,000
$54,911
Avg.Salary
42. Louisiana
Highest 10% Earn: $95,000
$55,212
Avg.Salary
43. Utah
Highest 10% Earn: $74,000
$45,999
Avg.Salary
44. Arkansas
Highest 10% Earn: $76,000
$45,466
Avg.Salary
45. Mississippi
Highest 10% Earn: $76,000
$44,405
Avg.Salary
46. Montana
Highest 10% Earn: $83,000
$54,251
Avg.Salary
47. Virginia
Highest 10% Earn: $95,000
$56,963
Avg.Salary
48. Minnesota
Highest 10% Earn: $83,000
$51,945
Avg.Salary
49. Missouri
Highest 10% Earn: $71,000
$43,537
Avg.Salary
50. New Mexico
Highest 10% Earn: $80,000
$47,893
Avg.Salary
51. Nebraska
Highest 10% Earn: $69,000
$43,074
Avg.Salary

How Much Do Commercial Underwriter Earn In Different Cities?

And have you thought about places? The best salaries are given in San Francisco CA: $81799 annually normally. The other cities where by Commercial Underwriters obtain the reasonable wages are Lansing MI, New York NY, Reno NV and Chicago IL covering in the chart of top - 5 towns.

1. San Francisco
$60,000 - $110,000
$81,799
Avg.Salary
2. Lansing
$50,000 - $88,000
$67,303
Avg.Salary
3. New York
$49,000 - $88,000
$66,214
Avg.Salary
4. Reno
$48,000 - $87,000
$65,509
Avg.Salary
5. Chicago
$49,000 - $84,000
$64,344
Avg.Salary
6. Atlanta
$47,000 - $83,000
$62,675
Avg.Salary
7. Lakeland
$44,000 - $78,000
$58,983
Avg.Salary
8. Bangor
$47,000 - $72,000
$58,476
Avg.Salary
9. Fairfield
$43,000 - $75,000
$56,947
Avg.Salary
10. Fond du Lac
$42,000 - $72,000
$55,198
Avg.Salary

Commercial Underwriter salaries by years of experience

Entry Level $34,680
Mid Level $57,000
Senior Level $86,019
Job Type You Want
Full time
Part time
Temporary

Commercial Underwriter salary history

How has the wage changed with time? Let’s consider the 2010 and 2021 years. With this time frame, the earnings rate has risen by $12394: in 2010, it was actually $45510 in 2021, it started to be $57904.

2010 - $45,510
2011 - $47,396
2012 - $48,256
2013 - $49,483
2014 - $50,768
2015 - $52,470
2016 - $53,230
2017 - $53,597
2018 - $54,281
2019 - $56,485
2020 - $58,221
2021 - $57,904

Remote Jobs

In case you are seeking a remote job being a Commercial Underwriter, you are lucky as you may have came into the correct area. In this article you will find interesting job delivers to the Commercial Underwriter placement. Should you be interested in any vacancy, you can react to it.

Great Southern Bank
Dallas, TX
]] Great Southern Bank is seeking a Commercial Loan Underwriter to work in one of our locations throughout the Midwest. This could include Missouri, Oklahoma, Texas, Kansas, Iowa, Nebraska, Illinois,...
Global Placement Firm
Los Angeles, CA
]] Commercial loan underwriters at (COMPANY) are responsible for reviewing and approving commercial real estate loan requests with the overall goal of increasing asset quality. Commercial loan under...
Insurance
Phoenix, AZ
]] We are seeking an experienced commercial underwriter with 5 plus years of experience for our Phoenix office. Individual will underwrite, rate and issue BOP and Umbrella policies for a middle market...
Oregon Community Credit Union
Eugene, OR
]] Starting Pay Range: $25.64 - $33.65 per hour Location: Eugene, OR OCCU is looking for an experienced Senior Commercial Underwriter to join our growing team! The Senior Commercial Underwriter...

Commercial Underwriter salary history

How to write a Commercial Underwriter Resume

How has the wage changed with time? Let’s consider the 2010 and 2021 years. With this time frame, the earnings rate has risen by $12394: in 2010, it was actually $45510 in 2021, it started to be $57904.

Professional Summary (Objective)

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For example, they could start out with a role such as technical support specialist, progress to a title such as systems administrator and then eventually end up with the title information technology manager.

Skills

As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a computer technician can determine their career goals through the career progression.

For example, they could start out with a role such as technical support specialist, progress to a title such as systems administrator and then eventually end up with the title information technology manager.

Financial Statements
Real Estate
Customer Service
Underwriting Guidelines
Credit Analysis
Risk Management
Credit Reports
Loan Portfolio
Territory
Tax Returns
Credit Risk
Special Projects
Insurance Companies
Due Diligence
Loss Control
Ensure Compliance
Annual Reviews
Credit Quality
Small Businesses
Inspection Reports

Part-Time Jobs

We now have developed a unique area for individuals who search for a part-time work of a Commercial Underwriter. Such as the earlier parts, it contains all necessary information concerning the workplace, required expertise, operating circumstances, and wages.

MIDFLORIDA Credit Union
Ocala, FL
 ...career path with a growing, successful company! Join us on our mission to improve the financial well being of our members! Commercial Loan Underwriters perform the following functions: U...
IOS Staffing
Indianapolis, IN
]] Title: Commercial Underwriter Trainee Term: Direct Hire M-F 8-5 Client is flexible with hours - 25% remote Benefits Salary - DOE - $50,000 We are seeking an inquisitive, highly motiva...
Current Job Openings at Vouch Insurance
Chicago, IL
 ...Responsibilities: To deliver on this exciting category-defining product we are seeking a creative, motivated, and innovative commercial P&C underwriter to underwrite a broad array of start...
West Bend Mutual Insurance Company
Richmond, VA
]] Meet agency profitability and production objectives for an assigned group of agencies by underwriting new commercial business, renewal policies and policy endorsements. Understand and evaluate...

Commercial Underwriter Demographics

Gender

Who operates as the Commercial Underwriter with regards to sex? Whenever we check out the typical gender investigation, we will realize that female are now comprising 48.5% in the tasks circulation cake. In terms of male, their percentage is calculated as 45.9%.

Female 48.5%
Male 45.9%
Unknown 5.7%

Ethnicity

As for the ethnicity, right here, the White dominate together with the portion of 72% then the Hispanic or Latino (9.5%), Black or African American (9.5%) and Asian (7%) ethnicities.

White 72%
Hispanic or Latino 9.5%
Black or African American 9.5%
Asian 7%
Unknown 1.6%
American Indian and Alaska Native 0.4%

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