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  • Inland Marine Underwriter - Builder's Risk & Construction

    Liberty Mutual Insurance 4.5company rating

    Underwriter job in Minneapolis, MN

    A leading insurance company is seeking an Inland Marine Underwriter to manage a diversified book of inland marine, focusing on Builder's Risk. You will analyze projects, underwrite insurance products, and engage with brokers to maximize profitability. The ideal candidate has over 5 years of experience in insurance, strong analytical skills, and a relevant degree. This role offers a competitive salary with growth opportunities. #J-18808-Ljbffr
    $73k-90k yearly est. 1d ago
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  • Commercial Underwriter C&I

    Old National Bank 4.4company rating

    Underwriter job in Lake Elmo, MN

    Category/Function Lending/Commercial/Consumer/Credit Type Regular Full-Time Requisition ID 2025-18177 Workplace Type On Site Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities Salary Range The salary range for this position is $60,000 - $165,100 per year plus a bonus. Final compensation will be determined by location, skills, experience, qualifications and the level of career at which the position is filled. UW Tier Level Commercial Underwriting Experience Required Tier II 3-5 Years Tier III 5-7 Years We are growing and have opportunities for Commercial Underwriters for C&I. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high-volume environment completing a detailed financial analysis to obtain a deeper understanding of an application's credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio. We are an in-office working environment with the following locations for you to work with team members; Lake Elmo St Paul, 380 St Peter Street St Paul, Capella Building 255 6th Steet Minneapolis MN, North Rochester MN, and Fargo ND. Key Accountabilities Underwrite Loans Underwrite credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and/or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR) Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high-volume environment juggling multiple requests while adhering to client driven response timelines, etc. Partner with respective Relationship Managers as well as Treasury Management Partners Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions. Deliver exceptional internal customer service and adopt new processes and new tools, as available. Develop and enhance knowledge of assigned segmentation and portfolio by leveraging internal and external resources and expertise Partner well with associates on revenue generating sales team, support teams and others in Credit to ensure a collaborative, team, and empowered environment Monitor Portfolio Accurately assign asset quality ratings (AQR) Work with assigned Relationship Managers to monitor the credit portfolio to maintain strong asset quality; review trend analysis reports, address default situations, delinquencies, review maturing notes, receipt of financial information, review covenant default and Borrowing Base Certificate (BBC) reports and other reports as appropriate. Prepare credit data in Special Assets Assessment and Action Summary (SAAAS) and Upgrade Hurdles, as necessary, working with assigned Relationship Managers Commercial Underwriters may monitor overlines and Treasury Management/ACH risk reports or other trends, as appropriate Key Competencies for Position Cultural Leadership: Communication - effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery methods. Collaboration - actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives. Execution Leadership: Drive and Execution - committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results; consistently achieves performance targets. Problem Solving/Decision Making - with minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Adaptability - flexible and agile (can be a utility player); modifies behavior and approach in order to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change Technical Knowledge - possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge Client Leadership: Client Leadership - Puts the (internal and/or external) client in the forefront; strives to delight clients/partners by becoming a trusted advisor, establishes long-term productive relationships by viewing and understanding outcomes and operations through the eyes of the client, identifying and acting upon needs, and delivering increased value Qualifications and Education Requirements Demonstrate at least 3-7 years progressive experience within Commercial Credit for C&I is required with each incremental level of responsibility. Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements Understands and takes appropriate action related to risks associated with lending to various types of industries. Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly Must feel comfortable working in a collaborative team environment along with being an independent thinker. Bachelor's degree in finance, accounting or equivalent experience Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team! Need help finding the right job? We can recommend jobs specifically for you! Click here to get started. If you're qualified for a position but need additional help with the application because of a disability, please email (This email will respond to accommodation requests only.)
    $44k-54k yearly est. 2d ago
  • Agency Underwriter - Affordable/Conventional

    Northmarq 4.4company rating

    Underwriter job in Minneapolis, MN

    At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential - whether you are an industry veteran or you're just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! Northmarq is seeking an experienced Underwriter with affordable experience to join our Agency team in our Bloomington office. This individual will play a key role in managing various aspects of the loan process, from application to closing. Responsibilities include providing analysis related to underwriting, due diligence, evaluating property and market data, and preparing comprehensive transaction narratives. The candidate will work closely with a diverse group including Production, Borrowers, Freddie Mac/Fannie Mae personnel, legal counsel, vendors, and asset management. This position requires a strong analytical mindset, exceptional attention to detail, excellent written and verbal communication skills, and a commitment to delivering top-tier customer service while upholding quality control standards. *This position is an in-office position, with an immediate start date. Position Responsibilities: Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote Prepare or review underwriting template and narratives summarizing the loan structure, transaction strengths and identified risks, and present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements Analyze operating history, budget, property rent roll, and other financial information to verify the proforma and loan request aligns with Agency's quote and guidelines Review Borrower structure to identify all appropriate parties to complete mortgage credit due diligence, and complete an org chart to meet Agency requirements Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents to ensure compliance with Agency requirements Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.) Monitor transaction status to manage Production and Borrower expectations and anticipate, avoid, or solve any potential transaction-related problems Coordinate with the internal insurance team and Agency to obtain insurance approval, including waiver approval, if necessary Coordinate the closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions Participate in calls with Production and Borrower and/or legal to discuss transaction details, issues, and borrower structure. Conduct site visits with the Borrower, Production, and consultants, as needed. Draft Application and Commitment Letters, Rate Lock Agreements/Trade Authorizations Assist in final loan package delivery or pre-purchase matters. Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements. What We're Looking For: 3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions Knowledge of Agency program requirements Bachelor's degree in Real Estate Finance, Accounting, Business Administration, or a related field Strong organizational skills with the ability to handle multiple assignments while meeting deadlines Client service-oriented mindset with excellent problem-solving abilities. Ability to manage/underwrite multiple transactions at once Demonstrated work ethic and willingness to work extended hours when necessary Excellent written and verbal communication skills High level of integrity, confidentiality, and professionalism Strong computer knowledge with Microsoft Office applications, in particular Word, Excel, and Adobe. Salesforce proficiency is a plus Ability to travel for site inspections, as required Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! Minnesota Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The salary range for the Agency Underwriter - Affordable/Conventional position is $93,000.00 annually or [$44.71 per hour] to $120,000.00 annually [or $57.69 per hour]. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. #LI-Onsite #LI-SY1
    $93k-120k yearly Auto-Apply 31d ago
  • Underwriter II, CRE

    Alerus 4.0company rating

    Underwriter job in Minnetonka, MN

    WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets. CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus ABOUT THE ROLE: The Underwriter II, CRE is accountable for portfolio of commercial loans generally varying in loan relationships size of $750,000 to $3,500,000, including underwriting credit risk and granting credit approval within prescribed level of loan authority in conjunction with Lead or Senior Underwriters, or presenting credit recommendation to Loan Committee; facilitating loan closing; and servicing booked loans. Contributes to effective risk management through ordering and execution of loan documentation and ongoing monitoring of customer-supplied information and collateral administration. WHAT YOU'LL BE DOING: Provide in-depth credit and risk analysis and communicate underwriting results with Financial Guide and customer. Approve or decline commercial credit applications to contribute to sound loan portfolio management. Develop a comprehensive understanding of customer's financial needs and formulate a plan for loan structure and servicing. Perform financial statement forecasting and sensitivity analysis to determine borrower's capacity to repay debt. Write credit narratives and perform risk assessments of product, policy, structure, terms, and customer financial strength. Independently grade all credits in accordance with the bank's credit classification system. Ensure proper documentation and closing of loan transactions and conduct ongoing account monitoring. Meet with customers to close loan transactions and maintain consulting credit relationships. Identify potential new lending needs in existing relationships and suggest solutions. Participate in research projects and maintain industry knowledge. WHAT YOU SHOULD HAVE: Bachelor's degree or equivalent education to include upper-level courses in finance and accounting. 5-7 years of experience working with Ag or commercial loans. In-depth knowledge of advanced loan documentation, banking laws, and regulations preferred. Experience assessing, selling, and closing all types of agricultural, commercial, and commercial real estate loans. WHAT WE BRING TO THE TABLE: Competitive compensation including base salary, bonus and/or incentive opportunities. Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings. Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave. Learning and development resources for personal and professional career development, and advancement opportunities. Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services. Support for the communities we live in through paid volunteer time and a company donation match opportunity. WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds. BASE PAY RANGE: $80,000 - $110,000 annually The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job. Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
    $80k-110k yearly 60d+ ago
  • Mortgage Loan Underwriter Senior

    City National Bank 4.9company rating

    Underwriter job in Saint Paul, MN

    WHAT IS THE OPPORTUNITY? The role of the Underwriter III is to evaluate the credit risk against company standards and to determine the borrower's ability to repay a residential mortgage. The Underwriter III analyzes and interprets the most complex financial and non-financial data decisioning the requests with the goal of achieving the optimal quality asset for the bank while satisfying the needs of borrower. The Underwriter III is also responsible for LLCs along with other complex borrower types. The Underwriter III works within established lending authorities and guidelines, with complex or unusual situations escalated to the next highest authority level for resolution. This includes mentoring and training of Underwriters I and II including second level reviews. What you will do * Reviews the loan package received to ensure completeness verifying that all supporting documents are included to make a credit decision per established policies * Identifies issues and recommends appropriate resolution within policy service level agreements * Analyzes and determines the financial capacity of the borrower's ability to repay: * Performs credit analysis, financial statement analysis, cash flow analysis, liquidity qualification and payment calculation spreads * Reviews for stability of residency and employment * Verifies income per established policy * Identifies any exceptions to current policies * Documents a reasonable conclusion mitigating any identified risks supporting the request will be repaid * Accurately sets and clears conditions * Interacts with RLC and Processor throughout the life cycle of the loan, providing information, updates and assistance as required * Updates System(s) with pertinent information and appropriate data as required * Renders a decision within his/her lending authority. If deal is outside of lending authority, provides a recommended decision and submits for appropriate level signing authority * Originates appropriate client letters; Commitment, Counter Offer, Declination * Certifies and provides a final Workbook to the Processor * Ensures compliance with bank and statutory/regulatory guidelines * Client Satisfaction * Promotes a team environment fostering a positive working environment * Functions as a collaborator and innovator to drive continuous improvement * Provides guidance and support to the RLC and Processor when required * Utilizes systems and tools to ensure that the RLC's are updated on the status of loans * Interacts and communicates daily with all levels as required to support business units, Processors, Funding/Doc Prep to ensure requirements are understood and met * Provides timely, complete and accurate response to inquiries * Handles all situations in a professional and ethical manner * Takes the lead in resolving problems for his/her own loans; assisting Underwriters I and II with resolutions * Supports and contributes to the quality and customer satisfaction goals of the bank * Productivity * Ensures all goals and service level agreements (SLAs) are met * Tracks, logs and provides daily, weekly, monthly, quarterly reporting of production statistics as defined by management * Consistently meets quality control and data integrity standards * Effectively utilizes available systems, workflow and imaging tools * Mentor and train Underwriters I and II * 2nd level review of Underwriters I and IIs' work * Performs other duties as assigned by Management, including participation in projects, process improvement initiatives, etc. *Must-Have** * Minimum 7 years of experience as an Underwriter in a financial services or mortgage banking environment required. * Minimum 7 years of experience in jumbo and super jumbo underwriting to investor or organization's guidelines required * Minimum 7 years of experience with state and federal lending regulations (i.e., Ability to Repay (ATR), RESPA, Reg B, Reg O, Reg Z, Fair Lending, etc.). *Skills and Knowledge* * Bachelor's degree in Business, Finance or Economics or related discipline with 10 or more years of experience in a mortgage banking environment required * Familiar with FNMA/FHLMC guidelines * Computer literate with experience using Microsoft applications with mortgage industry standard software, preferably InterLink E3 or NetOxygen/Gallagher. * Superior ability to communicate effectively in both verbal and written form * Strong time management skills to plan and organize a high daily loan volume * Strong ability to be very detail oriented * Must be a team player and work constructively with their fellow colleagues * Specific knowledge and exposure to funding and loan documentation to resolve more complex situations such as occur with LLC's, irrevocable trusts, and Co-operatives *Compensation* Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. **To be considered for this position you must meet at least these basic qualifications* The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. *Benefits and Perks* At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our **************************************************************************************************** ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves. *City National Bank does business in Miami and the state of Florida as CN Bank. For more information about City National, visit ********************* *EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION* City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. ************************************************************************************************** If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via mailto:*************************) or leave a message at *************. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
    $41.8-66.8 hourly 60d+ ago
  • Captive Underwriter Analyst

    HCC Life Insurance

    Underwriter job in Minnetonka, MN

    Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. *This role can be located in Kennesaw, or Minnetonka, MNUnder immediate supervision, learns, shadows, and provides support in the Actuarial department of Tokio Marine HCC - A&H Group (TMHCC). You will be involved in activities including, but not limited to, reinsurance and pricing support, budget support, and providing key statistics, analyses and results for our medical stop loss and other related businesses.Key Responsibilities: Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants. Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers. Responsible for the accuracy and completion of underwriting information and data entry forms pertaining to new and sold business, as well as renewal and life cases. Data entry of all pertinent information obtained through the analysis of requests for proposal (RFPs) to generate manual rates from internal database. Evaluate, analyze, and/or interpret aggregate reports provided by TPA/brokers to determine risk Obtain all necessary information required by the Underwriters so they may provide the best quote possible for TPA/brokers. Communicate effectively with TPA/brokers, peers, and other departments. Answer questions, within scope of ability and refer other questions to appropriate person. Study and learn Underwriting policies and procedures Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants.Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers. Prepare sold documentation from proprietary database and route to broker or Producer for client review and signature. Set up and maintain all sold case files. Update and maintain Outstanding Documents Log on a daily basis. Follow-up and collect all sold case documentation from TPA/broker. This requires continuous follow-up with client. Coordinate communication between the client/TPA/broker and TMHCC departments. Act as a liaison between Administration, Underwriting, and Marketing departments. Review and save completed sold case files for policy issuance. Process all non-renewals and terminations. Notify required parties of non-renewal/termination. Notify required parties of non-renewal/termination. Education, Experience & Knowledge: Minimum 4 Year / Bachelors Degree in Business Administration, Risk Management, Accounting, Finance, a related field, or the equivalent education and/or experience. Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals Possess and have ability to apply basic knowledge of principles, practices, and procedures Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word). Additional Working Conditions and Physical Demands Overtime hours may be required to fulfill job responsibilities May be required to remain stationary for extended periods of time Must be able to operate a computer and other devices Close vision and ability to adjust focus, such as required to read a computer screen The pay range for this position is $21.25-$37.55 which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if the Company is concerned about a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction or challenge the accuracy of the background report. POSITIONS IN WA, NV, IL, MN, OH , NY, CT, D.C., RI, MA, HI, MD, NJ, VT] As an insurance company, we comply with certain federal, state and local laws such as the Violent Crime Control and Law Enforcement Act of 1994 (18 USC § 1033(e)), which restricts our ability to employ individuals with certain types of criminal convictions. Where not restricted by law and for criminal history not covered by this law, the Company will consider qualified applicants with arrest or conviction history in compliance with applicable law. [POSITIONS IN NV, IL, MN, OH, NY, CT, D.C., RI, MA, HI, MD, NJ, VT] Tokio Marine HCC offers a competitive salary and a generous employee benefits package including among other benefits, subsidized medical, prescription, dental, vision and basic life and disability insurance, 401(k) plan with Company matching contributions, paid parental leave, paid time off and/or paid sick leave, and educational/loan assistance. Tokio Marine HCC is a leading specialty insurance company underwriting more than 100 classes of specialty insurance with employees located across 180 counties. TMHCC was established in 1974 and is headquartered in Houston, Texas with offices across the United States and Europe, Mexico, Australia, and in Tokyo, Japan. The Company offers competitive compensation, great benefits, and the strength, stability, growth, and profitability that comes from being a member of the Tokio Marine Group of Companies.Tokio Marine HCC is an equal opportunity employer. Please visit ************* for more information about our companies. #LI-CM3 #stoploss1
    $21.3-37.6 hourly Auto-Apply 5d ago
  • Captive Underwriter Analyst

    HCC Service Company 4.7company rating

    Underwriter job in Minnetonka, MN

    Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. *This role can be located in Kennesaw, or Minnetonka, MNUnder immediate supervision, learns, shadows, and provides support in the Actuarial department of Tokio Marine HCC - A&H Group (TMHCC). You will be involved in activities including, but not limited to, reinsurance and pricing support, budget support, and providing key statistics, analyses and results for our medical stop loss and other related businesses.Key Responsibilities: Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants. Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers. Responsible for the accuracy and completion of underwriting information and data entry forms pertaining to new and sold business, as well as renewal and life cases. Data entry of all pertinent information obtained through the analysis of requests for proposal (RFPs) to generate manual rates from internal database. Evaluate, analyze, and/or interpret aggregate reports provided by TPA/brokers to determine risk Obtain all necessary information required by the Underwriters so they may provide the best quote possible for TPA/brokers. Communicate effectively with TPA/brokers, peers, and other departments. Answer questions, within scope of ability and refer other questions to appropriate person. Study and learn Underwriting policies and procedures Pull and distribute census and zip code information to be entered into internal databases (PA) by Underwriting Assistants.Evaluate, analyze, and/or interpret plan documents, amendments, and/or schedules of benefits provided by third-party administrators (TPAs)/brokers. Prepare sold documentation from proprietary database and route to broker or Producer for client review and signature. Set up and maintain all sold case files. Update and maintain Outstanding Documents Log on a daily basis. Follow-up and collect all sold case documentation from TPA/broker. This requires continuous follow-up with client. Coordinate communication between the client/TPA/broker and TMHCC departments. Act as a liaison between Administration, Underwriting, and Marketing departments. Review and save completed sold case files for policy issuance. Process all non-renewals and terminations. Notify required parties of non-renewal/termination. Notify required parties of non-renewal/termination. Education, Experience & Knowledge: Minimum 4 Year / Bachelors Degree in Business Administration, Risk Management, Accounting, Finance, a related field, or the equivalent education and/or experience. Ability to read and interpret documents such as plan of benefits, bid specifications, claim reports, and procedural manuals Possess and have ability to apply basic knowledge of principles, practices, and procedures Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word). Additional Working Conditions and Physical Demands Overtime hours may be required to fulfill job responsibilities May be required to remain stationary for extended periods of time Must be able to operate a computer and other devices Close vision and ability to adjust focus, such as required to read a computer screen The pay range for this position is $21.25-$37.55 which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if the Company is concerned about a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction or challenge the accuracy of the background report. POSITIONS IN WA, NV, IL, MN, OH , NY, CT, D.C., RI, MA, HI, MD, NJ, VT] As an insurance company, we comply with certain federal, state and local laws such as the Violent Crime Control and Law Enforcement Act of 1994 (18 USC § 1033(e)), which restricts our ability to employ individuals with certain types of criminal convictions. Where not restricted by law and for criminal history not covered by this law, the Company will consider qualified applicants with arrest or conviction history in compliance with applicable law. [POSITIONS IN NV, IL, MN, OH, NY, CT, D.C., RI, MA, HI, MD, NJ, VT] Tokio Marine HCC offers a competitive salary and a generous employee benefits package including among other benefits, subsidized medical, prescription, dental, vision and basic life and disability insurance, 401(k) plan with Company matching contributions, paid parental leave, paid time off and/or paid sick leave, and educational/loan assistance. Tokio Marine HCC is a leading specialty insurance company underwriting more than 100 classes of specialty insurance with employees located across 180 counties. TMHCC was established in 1974 and is headquartered in Houston, Texas with offices across the United States and Europe, Mexico, Australia, and in Tokyo, Japan. The Company offers competitive compensation, great benefits, and the strength, stability, growth, and profitability that comes from being a member of the Tokio Marine Group of Companies.Tokio Marine HCC is an equal opportunity employer. Please visit ************* for more information about our companies. #LI-CM3 #stoploss1
    $21.3-37.6 hourly Auto-Apply 2d ago
  • Underwriter

    Delta Dental of Minnesota 4.1company rating

    Underwriter job in Minneapolis, MN

    COMPANY INFORMATION Delta Dental of Minnesota is proud to be the largest regional provider of dental benefits, serving over 7,000 Minnesota and North Dakota-based purchasing groups and 4.5 million members nationwide. We aim to provide a work environment that engages each individual while encouraging growth and professional development. We are proud to be named a Top Workplace employer for several years and take pride in our team members for building this reputation. GENERAL SUMMARY This position is responsible for assessing financial risk by performing underwriting duties. These duties include, but are not limited to, decision-making and approval for prospective and renewal customers (risks) and alternate plan designs and changes related to new or existing customers. This position will be with Stratacor, an affiliate of Delta Dental of Minnesota. ESSENTIAL FUNCTIONS 1. Develop an understanding of and (through underwriting) profitably grow the company's market position 2. Collaborate with Sales Representatives and Account Management personnel to determine the most appropriate and profitable rate/fee/plan design/contract length to propose to prospective and existing customers 3. Utilize corporate rating policies and formulae to ensure corporate profitability goals are met 4. Perform functions associated with underwriting business to ensure rates/fees are produced accurately and in a timely manner 5. Gain a thorough working knowledge of all rating methods and formulae used, and be able to complete all basic underwriting independently 6. Utilize advanced mathematical and statistical methodology in the analysis of customer underwriting and risk data 7. Primary focus is on "large group" business 8. Develop a working relationship with underwriting department members and understand the function of each 9. Develop and maintain a working relationship with other company departments and understand their impact on underwriting workflow and how underwriting affects other departments 10. Represent the Underwriting Department to external parties, including brokers/consultants, existing and potential group customers, etc 11. Other duties as assigned by management REQUIRED KNOWLEDGE, SKILLS AND ABILITIES 1. Excellent problem-solving, analytical, oral, and written communication skills 2. Proven ability to exercise good judgment and make independent decisions 3. Customer service orientation toward internal and external parties 4. Interpersonal skills to deal with a variety of people and the professional demeanor to represent the company to external contacts 5. Knowledge of contract structure, benefit interpretation, rating formulae, methodologies, and underwriting practices 6. Detail-oriented with demonstrated ability to multitask and work successfully against deadlines 7. Advanced computer skills, including but not limited to Microsoft Excel and Word, are necessary REQUIRED EDUCATION AND EXPERIENCE 1. Minimum of a 4-year college degree in business, mathematics, or a related field, or equivalent experience 2. Work experience in the health insurance industry with 1 to 3 years of underwriting experience. Dental underwriting experience is preferred WORK ENVIRONMENT/PHYSICAL DEMANDS 1. Travel Requirements: None 2. Weight Lifting Requirements: 10lbs RELATIONSHIPS 1. Reports To: Director of Underwriting 2. Directly Manages: None 3. Internal Relationships: All levels of the corporation with frequent contact with sales/account management, actuarial and accounting departments 4. External Relationships: Brokers, consultants, and customers BENEFITS AND COMPENSATION Benefits for this position include medical, dental, vision, and life insurance; disability coverage; flexible spending plans; a 401(k) plan; Paid time off (PTO); and Holidays. Visit ****************************************************** for more information. The starting salary range for this position is between $52,500.00 to $65,750.00 annually. Salary offers will typically be made in the listed range. The Company takes into consideration a candidate's education, training, and experience, as well as the position's work location, expected quality and quantity of work, required travel (if any), external market and internal value, including merit process and internal pay alignment, when determining the salary for potential new team members. In compliance with state and federal regulations, a potential new team member's salary history will not be used in compensation decisions. EQUAL EMPLOYMENT OPPORTUNITY (EEO) STATEMENT Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the discloure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
    $52.5k-65.8k yearly 59d ago
  • Underwriter

    Berkley 4.3company rating

    Underwriter job in Saint Paul, MN

    Company Details Berkley Risk is a member company of W. R. Berkley Corporation, an A.M. Best A+ rated Fortune 500 holding company. Berkley operates through individual units that serve defined insurance market segments. Berkley Risk provides program administration and insurance operations for self-insured entities, offering customized solutions through both insurance and administrative options. Responsibilities The League of Minnesota Cities Insurance Trust (LMCIT) is a governmental risk pool served by Berkley Risk Administrators Co., LLC. This position manages an underwriting territory of complex, high-value municipal accounts. Responsibilities include premium calculation, risk evaluation, policy issuance, and member retention. The role involves analyzing data, designing coverage to reduce losses, and ensuring decisions align with LMCIT Board philosophies. The essential functions include, but are not limited to the following: Review, price, and manage renewal business (multi-line, emphasizing property, general liability and auto). Select, price, quote, or decline new business in accordance with LMCIT guidelines and underwriting judgment. Communicate with agents and members regarding submissions, endorsements, and other service matters. Collaborate with the Underwriting Manager and LMCIT staff on coverage design, rate setting, and strategic initiatives. Work with other Underwriters to maintain response time standards. Maintain relationships with customers, vendors, brokers, reinsurers, and program management staff. Provide guidance to rating and processing personnel. Perform additional duties as assigned by the Underwriting Manager. May perform other functions as assigned. Qualifications The following education, experience and skills requirements are necessary to perform the essential functions of this position: Minimum two years of professional experience in multi-line underwriting and marketing. Strong technical experience in insurance design, evaluation, and analysis. Knowledge or experience with self-insurance pools. Thorough understanding of commercial lines underwriting standards and rating. Excellent communication, decision-making, and organizational skills. Strong interpersonal and leadership abilities. Willingness to travel in-state as required. Additional Company Details The Company is an equal employment opportunity employer. We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: • Base Salary Range: $65k-$75K • Benefits include: health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Additional Requirements Travel: Occasional, within the state of Minnesota.
    $65k-75k yearly Auto-Apply 57d ago
  • Case Underwriter II

    Trustmark 4.6company rating

    Underwriter job in Saint Paul, MN

    Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities. **About the role** Trustmark is looking for a Case Underwriter to join the organization. Responsible for providing timely and accurate underwriting offers, while adhering to pricing and profit objectives. Develops partnership with Sales to maximize ability to sell new/maintain existing business. Stays current with our Administrative, Enrollment, Broker, and Enrollment Company capabilities and processes. **Key Accountabilities** + Processes, reviews, analyzes and makes informed underwriting decisions for assigned territory. All cases are reviewed with manager or higher level underwriter until proficiency is achieved. At full proficiency, underwriting authority is a maximum of 5,000 life case or $500,000 of annualized premium. + Reviews enrollment and participation trends in assigned territory and makes recommendations to optimize opportunity for sales while minimizing risk. + Provides monthly updates on sold case successes and failures as it relates to access and participation for Guarantee Issue cases. + Continually asks questions to grow and better understand our products and procedures. Develops and grows relationship with Implementation Managers to gain their confidence in decisions. + Understands non-standard broker arrangements and enrollment company strengths and weaknesses. + Identifies elements of a successful enrollment and makes recommendations that will create value. + Works with reinsurer on cases that require facultative review. **Minimum Requirements** + Bachelor's Degree and/or 2 - 4 years of related experience OR High School Diploma or GED with 4-6 years of related experience. The compensation range for this role is (based on the corporate location in Lake Forest, Illinois): $61,412.00 - $88,706.00 per year The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market. Brand: Trustmark In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview. Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status. Join a passionate and purpose-driven team of colleagues who contribute to Trustmark's mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. When you join Trustmark, you become part of an organization that makes a positive difference in people's lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security. Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we've changed their lives. At Trustmark, you'll be part of a close-knit team. You'll enjoy abundant opportunities to grow your career. That's why so many of our associates stay at Trustmark and thrive. Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what's ahead - and beyond. This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark.
    $61.4k-88.7k yearly 60d+ ago
  • Non-QM Senior Underwriter (Aspire)

    Redwood Trust, Inc. 3.7company rating

    Underwriter job in Minneapolis, MN

    * Please note that this role is open to Denver, Dallas, Minneapolis, and Remote The position requires expert mortgage underwriting and credit knowledge, clear communication skills, consistently outstanding client service, and proven problem solving and decision-making skills. The successful candidate must have a high level of interaction with internal parties (trading, sales, legal and compliance, structured finance) and external parties (Sellers, 3rd party service providers). This position requires the candidate to be a subject matter expert in the conforming and non-conforming space for Non-QM loans. Responsibilities & Duties * Ability to analyze the underwriting of conventional and jumbo Non-QM mortgage loans in a timely manner for completeness and compliance with Redwood purchase guidelines and approved Seller variances * Must be able to analyze multiple alternative income methods of income, (ie: complicated tax returns, bank statements, DSCR, 1099, asset depletion.) * Manage loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers * Evaluate and provide recommendations for underwriting waivers and eligibility exceptions * Clearly communicate, in written and verbal form, compensating factors to justify exceptions * Provide support to Redwood Sellers by evaluating and supplying feedback on loan scenarios, at times based on limited information * Understand and effectively work with Seller variances to product eligibility and underwriting guidelines * Participate in and provide clear feedback on credit policy recommendations * Maintain strong knowledge of mortgage compliance rules agency underwriting guidelines and industry standards for appraisal requirements and regulatory compliance * Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities * Participate with Credit in onboarding new Non-QM sellers and provide underwriting training as needed * Consistently access third party services (valuation, fraud, compliance) to provide valuable input for loan decisions Required Experience & Education * 7+ years of recent mortgage industry experience * 3+ years recent conforming Non-QM underwriting experience * 3+ years of recent jumbo Non-QM underwriting or complex/alternative income analysis * Expert underwriting knowledge and extensive experience with loan origination documentation as well Fannie and Freddie selling guides * Technologically savvy, with the ability to work in varied systems * Proficiency with Excel, loan origination systems, automated underwriting engines, electronic document management and other systems * High attention to detail and effective problem-solving skills * Excellent client service skills * Excellent oral and written communication skills * Excellent multi-tasking skills and ability to manage multiple tasks simultaneously * Analytical thinking ability, diplomacy and professionalism A reasonable estimate of the total compensation range for this role is $92,000-$112,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching. At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
    $92k-112k yearly 60d+ ago
  • MPCI Underwriter

    Chubb 4.3company rating

    Underwriter job in Plymouth, MN

    Essential Job Duties and Responsibilities: Examines insurance documents such as applications, production reports, acreage reports, and applies underwriting rules. Enters information into the computer, including policy information, production data, acreage report data, etc. and updates records. Confirms accuracy of information against edits and corrects errors. Communicates by phone and by letter with agents, FSA county offices, field personnel, and policyholders to obtain information, records, and to answer questions and inquiries. Reviews and analyzes scanned document images and routes to appropriate work queues. Prepares, prints, and analyzes a variety of reports and policy forms. Assists with training of Underwriting Assistant and part-time personnel, as necessary. Assists with other duties as necessary. Knowledge, Skills, and Abilities Knowledge of or the ability to learn MPCI program and the applicable underwriting rules and procedures. Ability to learn and understand what information is needed to process insurance policies, FCIC rules and regulations, policy provision, etc. Ability to understand printed policy information, such as manuals, handbooks, and actuarial documents and to apply information to work tasks. Basic keyboarding skills, ten-key skills, and the ability to rapidly and accurately enter information into the computer. Ability to comprehend agents' questions and concerns over the telephone and to provide correct, courteous answers. Ability to organize and prioritize multiple tasks. Ability to effectively communicate and maintain business relationships with company personnel, outside resources and customers. Ability to learn and apply company terminology, processes, and systems. Ability to learn and develop skills in the use of department equipment. Ability to perform basic and complex mathematical calculations. Ability to remain calm and professional. Ability to work well with people in a team environment. Ability to work from oral and written communications. Ability to maintain confidentiality. Ability to assist in other work-related areas as required. The pay range for the role is $36,900.00 to $62,800.00. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled. High School or GED required and at least 6 months as an Underwriter Assistant at Rain and Hail or at least one year of previous crop underwriting experience or a baccalaureate degree.
    $36.9k-62.8k yearly Auto-Apply 60d+ ago
  • Surety Senior Account Underwriter

    Westfield Insurance 4.6company rating

    Underwriter job in Edina, MN

    The Surety Senior Account Underwriter is responsible for marketing, underwriting, processing and servicing surety business as assigned or within a defined territory. They develop and underwrite profitable surety business by visiting assigned agencies or services offices and serve as subject matter expert, working with other bond personnel on selected contract accounts, including various financial and workload analysis. The role serves as underwriting contact for agency personnel by responding to agent inquiries, assisting in the development and delivery of agency training, monitoring compliance objectives, and supporting decision making on acceptance or decline of bonds within established authority. Salary Range: $105,708-126,850 Benefits, where eligible: 401(k) with employer contribution Pension plan Medical, dental & vision Wellness & mental health programs Health care flexible spending accounts, health savings accounts, & life insurance Paid time off, including volunteer time off Paid & unpaid sick leave where applicable, as well as short & long-term disability Parental & family leave; military leave Job Responsibilities Handles the responsibility for marketing, underwriting, processing, and servicing surety business within a defined territory. Provides guidance on the underwriting process while collecting all necessary information for new and existing bond contracts, contacting the client or broker if necessary and drawing up a legal and financial analysis of the file to deciding on this proposition or submitting it to the competent decision level. Makes timely and competent decisions on acceptance or declination of bonds within established authority. Submits/makes recommendations for approval of assigned risks more than authority. Visits agencies or service offices to develop and underwrite profitable business or assist in resolving problems. Communicates effectively and builds relationships with agents, agency clients, other Service Office and Home Office personnel on all business-related situations. Provides technical assistance to leader on selected accounts, including financial analysis, conducting inquiries and verifications, transmittal of information, and requests for approval. Assists in training activities related to underwriting, marketing, and processing surety business for less experienced bond personnel. Meets or exceeds goals and standards by ensuring accuracy, completeness, and procedural consistency of assigned files and the operation of reporting, processing and filing systems for all bonds produced by assigned agents or service offices. Works closely with Surety Lead Account Managers and continue skill development, implements best practices, and makes decisions regarding underwriting, processing and service. Develops knowledge of local markets and creates and increases business contacts/ network in assigned market area. Travels as often as needed including regular utilization of assigned fleet vehicle in order to cover assigned territory. This may involve traveling on short notice or other daily driving duties as assigned. Job Qualifications 3+ years of surety experience. Bachelor's degree in related field and/or commensurate work experience. Valid driver's license and a driving record that conforms to company standards. Location Hybrid defined as three (3) or more days per week in the office. Behavioral Competencies State Surety License Collaborates Customer focus Communicates effectively Decision quality Nimble learning Technical Skills Account Management Knowledge of State Specific Underwriting Statues Property and Casualty Underwriting Insurance Industry Knowledge Insurance Policies Agency Management Data Analysis and Reporting Risk Management Customer Service Management Surety Underwriting Business Planning This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #LI-DNI
    $105.7k-126.9k yearly Auto-Apply 60d+ ago
  • Surety Senior Account Underwriter

    Westfield High School 3.3company rating

    Underwriter job in Edina, MN

    The Surety Senior Account Underwriter is responsible for marketing, underwriting, processing and servicing surety business as assigned or within a defined territory. They develop and underwrite profitable surety business by visiting assigned agencies or services offices and serve as subject matter expert, working with other bond personnel on selected contract accounts, including various financial and workload analysis. The role serves as underwriting contact for agency personnel by responding to agent inquiries, assisting in the development and delivery of agency training, monitoring compliance objectives, and supporting decision making on acceptance or decline of bonds within established authority. Salary Range: $105,708-126,850 Benefits, where eligible: 401(k) with employer contribution Pension plan Medical, dental & vision Wellness & mental health programs Health care flexible spending accounts, health savings accounts, & life insurance Paid time off, including volunteer time off Paid & unpaid sick leave where applicable, as well as short & long-term disability Parental & family leave; military leave Job Responsibilities Handles the responsibility for marketing, underwriting, processing, and servicing surety business within a defined territory. Provides guidance on the underwriting process while collecting all necessary information for new and existing bond contracts, contacting the client or broker if necessary and drawing up a legal and financial analysis of the file to deciding on this proposition or submitting it to the competent decision level. Makes timely and competent decisions on acceptance or declination of bonds within established authority. Submits/makes recommendations for approval of assigned risks more than authority. Visits agencies or service offices to develop and underwrite profitable business or assist in resolving problems. Communicates effectively and builds relationships with agents, agency clients, other Service Office and Home Office personnel on all business-related situations. Provides technical assistance to leader on selected accounts, including financial analysis, conducting inquiries and verifications, transmittal of information, and requests for approval. Assists in training activities related to underwriting, marketing, and processing surety business for less experienced bond personnel. Meets or exceeds goals and standards by ensuring accuracy, completeness, and procedural consistency of assigned files and the operation of reporting, processing and filing systems for all bonds produced by assigned agents or service offices. Works closely with Surety Lead Account Managers and continue skill development, implements best practices, and makes decisions regarding underwriting, processing and service. Develops knowledge of local markets and creates and increases business contacts/ network in assigned market area. Travels as often as needed including regular utilization of assigned fleet vehicle in order to cover assigned territory. This may involve traveling on short notice or other daily driving duties as assigned. Job Qualifications 3+ years of surety experience. Bachelor's degree in related field and/or commensurate work experience. Valid driver's license and a driving record that conforms to company standards. Location Hybrid defined as three (3) or more days per week in the office. Behavioral Competencies State Surety License Collaborates Customer focus Communicates effectively Decision quality Nimble learning Technical Skills Account Management Knowledge of State Specific Underwriting Statues Property and Casualty Underwriting Insurance Industry Knowledge Insurance Policies Agency Management Data Analysis and Reporting Risk Management Customer Service Management Surety Underwriting Business Planning This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #LI-DNI
    $105.7k-126.9k yearly Auto-Apply 60d+ ago
  • Mortgage Underwriter

    Solomonedwards 4.5company rating

    Underwriter job in Saint Paul, MN

    About Us SolomonEdwardsGroup, LLC ("SolomonEdwards") is a full-service professional services firm offering financial, operational, and technology consulting and operations support. We work with some of the world's most prominent companies to help them envision and achieve a better future. We know that our consulting services are only as meaningful as the people and talent behind them, and we are committed to recruiting incredibly talented, committed, collaborative individuals who can help us deliver exceptional client service. For more information, visit SolomonEdwards Position Summary: SolomonEdwards is looking for a Mortgage Fulfillment Underwriter for one of its mortgage clients to ensure the assets reviewed meet all applicable investor guidelines, through a complete knowledge of requirements and regulations. You will be held accountable for the quality and accuracy of decisions. Position Locations: Phoenix, AZ Tampa, FL St. Louis, MO Plano, TX Moorpark, CA Pasadena, CA Essential Duties: - Decisions full range of mortgage loans, preferably including FHA loans. - Review all mortgage applications and documentation for accuracy and completeness. - Work with clients to prepare mortgage applications and related documentation as needed, and help resolve any outstanding issues. - Work with compliance officers to ensure Federal, State, and local compliance with all mortgage and loan materials. - Approve or deny mortgages on a timely basis. - Perform other related duties as required and assigned. - Demonstrate behaviors that are aligned with the organization's desired culture and values. Qualifications: - Bachelor's degree or equivalent work experience. - 3+ years of mortgage underwriting experience required. - Knowledge of mortgage laws and regulations required, including the Home Mortgage Disclosure Act. - Knowledge of state and federal agency mortgage loan guidelines and regulations is helpful. Skills and Job-Specific Competencies: - Solid knowledge of mortgage underwriting and basic automated underwriting systems. - Proficiency with basic automated underwriting systems. Travel Requirements: No travel will be required, unless at the client's discretion. Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be provided to qualified applicants or candidates with disabilities upon request to enable them to perform essential functions. This role may require mobility to attend in-person meetings, sitting or standing for extended periods, and the use of telephone, computer, or other electronic communication devices. Salary Range: SolomonEdwards values your unique and individual experience and background. As such, we take a comprehensive approach when determining compensation for our roles. The compensation for this specific role is based on a wide range of factors, including but not limited to, education, licensure and certifications, location, experience, and training. A reasonable estimate for the current hourly range for this role is $26 - 36. Benefits: We are committed to providing health and financial stability by offering a comprehensive suite of benefits. Benefits include access to top-tier employers and job opportunities, health insurance, sick leave, and 401(k). Inclusion and Diversity Statement: SolomonEdwards is an Equal Opportunity/Affirmative Action employer. We firmly believe in fostering an inclusive and diverse workplace environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, veteran status, or any other characteristic protected by applicable laws. All employees, including managers and supervisors, are responsible for upholding our EEO and diversity principles. Discrimination or harassment of any kind will not be tolerated. We value the contribution and wisdom of the team. At SolomonEdwards, we have built a vibrant and inclusive community. Our team members are curious, committed, and diverse. In keeping with our mission to build value through people, we cultivate a culture where differences are celebrated, and all members are treated fairly and equitably. Employees, business partners, and our extended stakeholder family are empowered to share their experiences, ideas, and perspectives; and to be their whole selves. Privacy: We adhere to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. Copy/paste this URL to learn more about your rights: SolomonEdwards' Privacy Policy. Our Recruiter Promise: Our talent acquisition team prioritizes integrity, professionalism, and transparency in every interaction. When you engage with SolomonEdwards, you can trust a respectful, secure experience from verified contacts. Copy/paste this URL to learn more about how we protect your candidate experience: Recruiter Promise. Job Ref: 141866 ### Place of Work On-site ### Requisition ID 141866 ### Application Email ****************************
    $26-36 hourly Easy Apply 60d+ ago
  • Residential Mortgage Underwriter II

    Choice Bank 3.5company rating

    Underwriter job in Golden Valley, MN

    Full-time Description The Residential Mortgage Underwriter II is responsible for evaluating residential real estate credit applications to determine accuracy, completeness, credit worthiness, and regulatory compliance. Responsibilities Underwriting Conduct credit risk review and apply conditions required to comply with product, program, and regulatory specifications Perform appraisal analysis to ensure acceptable collateral position. Ensure compliance with internal, state, and federal compliance through continuous education and evaluation of internal procedures and controls. Communicate credit risk decisions to applicants and mortgage industry credit partners. Along with the Manager of Residential Mortgage Operations, mentor operations specialists on underwriter considerations and enhancements. Supports, advances, and is responsible for meeting Premier Experience service standards within the Mortgage Department. Other General & Administrative Assists with departmental projects. Actively participate in internal and external continuing education for mortgage loan operations and professional development. Contain knowledge of company products and services. Have a working knowledge of Choice Financial's policies and procedures and comply with them. Maintain complete confidentiality with regards to customer accounts, loans and bank relationships. Project a positive image of Choice Financial when representing the organization. Actively support management and organizational goals. Interact with other employees to promote teamwork, communications, trust and respect. Adapt to meet the ever-changing customer and community needs. Performs duties outside normal scope as assigned. Related Skills & Key Competencies Leads as a team player with excellent interpersonal skills and develops partnerships. Takes initiative by proactively identifying what needs to be done and acts. Communicates effectively with excellent written and oral communication skills. Promotes and administers change and accepts diversity. Exhibits problem-solving, analytical thinking, and decision-making skills. Fosters open communication. Follows policies and procedures. Proficient computer skills including Microsoft Office (Word, Excel, Access). Must work in an efficient, systematic way. Must display consistency, thoroughness, attention to detail, and strong organizational skills. Use sounds judgment in prioritizing tasks to work under tight deadlines. Requirements Qualifications 2 to 4 years of relevant experience in mortgage loan operations with requisite competencies 2-year degree in Accounting, Finance, Business Administration or equivalent combination of education and experience with requisite experience Handles moderately complex files such as self-employed borrowers or layered risk factors Works independently on standard loans; escalates complex cases for review May mentor junior underwriters informally Travel Requirement This position requires travel to support business needs, including team collaboration, internal trainings, and cross-functional initiatives. The frequency and duration of travel will vary based on organizational priorities and team needs. Cultural Alignment Choice is #PeopleFirst, banking second. People don't need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities. In contributing to our culture, Choice team members are guided by our core values. Embrace change and encourage innovation. Know when to ask for help and know when to offer help. Better the places we live. Work hard. Do the right thing. Have a little fun. Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values. Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here. Disclosure This job description is intended to describe the general content of, and requirements for, the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees. All employment at Choice Financial Group is “at will” employment. This position description does not create an employment contract, implied or otherwise. The base salary for this role is listed below. This pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience and geographic location. Full time employees are also eligible for a competitive bonus and benefits package. Check out bankwithchoice.com/careers for an outline of current benefit offerings. Salary Description $19.48 - $34.37 / hour
    $19.5-34.4 hourly 8d ago
  • Production Underwriter, Commercial Lines Insurance

    Amwins 4.8company rating

    Underwriter job in Minneapolis, MN

    Amwins Access - Admitted Placement Services (APS) has an opportunity for a Production Underwriter. This role is responsible for producing & developing a commercial admitted book of business. We have a robust and growing footprint in the industry allowing for growth and flexibility within this role. Our uniquely supportive environment creates the perfect conditions for an up-and-coming professional while also allowing freedoms and stability for experienced professionals to reach their maximum earning potential. We are committed to providing you the best tools. With access to a myriad of markets, we are armed with industry relationships and cutting-edge technology to deliver competitive small business solutions quickly and easily. Amwins is the industry leader because we hold ourselves accountable to deliver results - for our employees, our clients, our markets, and our shareholders. Learn more about us at amwins.com. Key responsibilities include: Liaise with carrier personnel and retail agents daily to assist with placement, retention, and resolution of risks by quoting and binding accounts Develop agency marketing plans to drive new business production and renewal retention with a customer-oriented focus Sell and distribute Amwins Admitted products including in person agency visits to develop that business Build relationships with agencies and analyze accounts to prioritize opportunities Develop highly collaborative internal relationships and follow-up on cross selling opportunities when appropriate We are looking for people with: Minimum 2 years of commercial account management experience in a retail insurance agency or wholesaler environment preferred Experience with commercial admitted carrier products and rating platforms P&C license preferred Insurance designations appreciated Snapshot of what Amwins provides to our team members: Compensation includes a compensation commensurate with experience. Position eligible for annual bonus Full benefits package available, benefits start first day of employment. Generous Paid Time Off (PTO) Collaborative, continuing education focused work environment. Career advancement opportunities Opportunity for formal sales and leadership training The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. No direct inquiries, please. Pursuant to Minnesota regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses. Minnesota Pay Range $90,000-$90,000 USD
    $90k-90k yearly 6d ago
  • Underwriter I, Business Banking

    Alerus Financial 4.0company rating

    Underwriter job in Minnetonka, MN

    WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets. CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Aleru ACCOUNTABILITIES: Centralized Underwriting for new loans, modifications and renewals Propose Lending Solutions Underwrite Credit Risk Complete Annual Reviews Provides Support to the Commercial & Business Bankers ABOUT THE ROLE: The Business Banking Underwriter I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include agricultural, owner occupied and/or small investor commercial real estate loans. Will partner with Commercial & Business Bankers to propose and negotiate lending solutions on new opportunities and underwrite credit risk. Responsible for determining the credit worthiness of borrowers and/or sponsors and recommending credit decisions. Monitors portfolio credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable. Keeps apprised of industry related issues to analyze and determine their impact on specific industries, clients, or Alerus C&I portfolios. Performs all duties in accordance with policies, procedures, and regulatory requirements. WHAT YOU'LL BE DOING: Performs financial analysis including forecasting and sensitivity analysis to assist in determining borrower capacity to repay. Develop a comprehensive understanding of customer's financial needs and formulate a plan for loan structure and servicing. Writes cogent credit narratives and perform advanced risk assessments of products, policy, structure, terms and financial strength with minimal to moderate guidance/feedback. Collaborate with bankers and Regional Credit Officers to structure loan terms that align with the bank's risk appetite and client needs. Independently grades all credits in accordance with Bank's credit classification system. Monitor existing loan portfolio performance and proactively identify early warning signs of credit deterioration or covenant breaches. Ensures loan requests adhere and comply with applicable bank regulations, policies and procedures. Stay updated on economic trends, industry developments, and regulatory changes impacting credit underwriting and commercial lending practices. WHAT YOU SHOULD HAVE: Bachelor's degree or equivalent education including upper-level courses in finance and accounting 1-3 years of experience in a previous credit analyst or underwriter position 1+ years of experience working with commercial and industrial, commercial real estate and agricultural lending preferred In-depth knowledge of straightforward to medium complexity loan documentation, banking laws, and regulations preferred WHAT WE BRING TO THE TABLE: Competitive compensation including base salary, bonus and/or incentive opportunities. Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings. Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave. Learning and development resources for personal and professional career development, and advancement opportunities. Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services. Support for the communities we live in through paid volunteer time and a company donation match opportunity. WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds. BASE PAY RANGE: $60,000 - $80,000 per year The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job. Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
    $60k-80k yearly 43d ago
  • Commercial Underwriter Credit Center C&I

    Old National Bank 4.4company rating

    Underwriter job in Saint Louis Park, MN

    Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities Salary Range The salary range for this position is $60,000 - $165,100 per year plus bonus. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled. We are currently seeking a Credit Center Underwriter or Credit Analyst that will primarily be responsibility for analyzing and decisioning loans with Total Credit Exposure between $0 and $3 million while balancing risk and growth. Responsibilities and accountabilities include ensuring loan structures are appropriate and consistent with bank lending standards, assigning an appropriate asset quality rating, completing an appropriate level of underwriting for the risk and size of the loan opportunity, and decisioning applications with assigned lending authority in a fast-paced high-volume environment. A Credit Center Underwriter will collaborate with Business Bankers and Commercial Segment Relationship Managers, internal support staff, and others to provide credit expertise and support the commercial loan origination and review process. Old National finds value in being in the office five days a week at St Louis Park MN. Key Accountabilities Underwrite and Decision Loans Underwrite and decision renewals and new credit requests focusing on appropriate due diligence, risk assessment and asset quality ratings (AQR) Meet quality standards as outlined in ONB underwriting guidelines and policy; evaluation by Loan Review, OCC, and/or others may identify unacceptable underwriting or inaccurate asset quality ratings (AQR) Meet or exceed productivity expectations for annual credit approval memorandum (CAM) volume Make prudent credit decisions balancing risk and growth; utilize assigned lending authority based on approval authority matrix to exercise granted authority confidently, independently via problem solving/sound decision making and with integrity Produce high quality and accurate analysis while also not sacrificing efficiency in a fast-paced, high volume environment juggling multiple requests while adhering to client driven response timelines, etc. Work Collaboratively with Business Bankers, Relationship Managers, internal support staff and teammates Provide credit expertise using a consultative approach; assist in structuring loans applying proficient knowledge, understanding, and application of ONB guidelines/standards/policies, risk assessment and analysis; effectively communicate risks, questions, and options to RM seeking win-win solutions. Deliver exceptional internal customer service and adopt new processes and new tools, as available. Develop and enhance knowledge of common types of requests including C&I, small non-owner occupied commercial real estate, and non-for profits by leveraging internal and external resources and expertise Partner well with associates on revenue generating sales team, support teams and others. Work closely with teammates to maintain a group email box, manage application pipeline, complete ad hoc administrative tasks, and participate in projects as needed. Compelling Communication - Openly and effectively communicates with others. Effectively and transparently shares information and ideas with others. Tailors the delivery of communication in a way that engages the audience and that is easy to understand and retain. Unites others towards common goal. Asks for others' opinions and ideas and listens actively to gain their support when clarifying expectations, agreeing on a solution and checking for satisfaction. Develops Talent - Strengthen your abilities for today and beyond. You own your own development and your career. Actively assesses self-feedback to enhance knowledge, skills and behaviors. Leverages own strengths and those of team members to meet individual and team goals supporting both internal and external client needs. Continuously develops self for current and future roles. Personifies ONB Culture - Demonstrates pride in ONB. Consistently demonstrates Old National's culture and values in daily interactions. Models our values - how we show up in the workplace. Places the organization's goals before individual or team goals. Demonstrates the desire to be part of something beyond themselves by investing time, heart, and expertise to help clients and communities thrive. Makes Decisions & Solves Problems - Seeks deeper understanding, identifies alternative solutions, and drives sound decisions. Identifies, evaluates, and owns problems and opportunities along with possible solutions through effective collaboration. Collaborates and seeks to identify what caused the issue, comparing data from different sources within Old National to draw conclusions. Uses effective approaches for choosing a course of action or developing appropriate solutions resulting in sound decisions. Implements appropriate solutions and evaluates results within the team. Qualifications and Education Requirements At least 3-5 years of commercial credit analysis or commercial underwriting experience. Ability to independently/with limited oversight analyze and interpret financial statements and understand basic accounting principles. Self-starter who understands and takes appropriate action related to risks associated with lending to various types of industries. Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal client quickly given the high volume, fast-paced environment Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly Must feel comfortable working in a collaborative team environment along with being an independent thinker. Bachelor's degree in finance, accounting or related field OR equivalent experience. Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position. Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical. We are Old National Bank. Join our team We can recommend jobs specifically for you! Click here to get started. If you're qualified for a position but need additional help with the application because of a disability, please email ************************** (This email will respond to accommodation requests only.)
    $43k-54k yearly est. Auto-Apply 12h ago
  • Underwriter I, Business Banking

    Alerus Financial 4.0company rating

    Underwriter job in Shoreview, MN

    WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets. CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Aleru ACCOUNTABILITIES: Centralized Underwriting for new loans, modifications and renewals Propose Lending Solutions Underwrite Credit Risk Complete Annual Reviews Provides Support to the Commercial & Business Bankers ABOUT THE ROLE: The Business Banking Underwriter I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include agricultural, owner occupied and/or small investor commercial real estate loans. Will partner with Commercial & Business Bankers to propose and negotiate lending solutions on new opportunities and underwrite credit risk. Responsible for determining the credit worthiness of borrowers and/or sponsors and recommending credit decisions. Monitors portfolio credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable. Keeps apprised of industry related issues to analyze and determine their impact on specific industries, clients, or Alerus C&I portfolios. Performs all duties in accordance with policies, procedures, and regulatory requirements. WHAT YOU'LL BE DOING: Performs financial analysis including forecasting and sensitivity analysis to assist in determining borrower capacity to repay. Develop a comprehensive understanding of customer's financial needs and formulate a plan for loan structure and servicing. Writes cogent credit narratives and perform advanced risk assessments of products, policy, structure, terms and financial strength with minimal to moderate guidance/feedback. Collaborate with bankers and Regional Credit Officers to structure loan terms that align with the bank's risk appetite and client needs. Independently grades all credits in accordance with Bank's credit classification system. Monitor existing loan portfolio performance and proactively identify early warning signs of credit deterioration or covenant breaches. Ensures loan requests adhere and comply with applicable bank regulations, policies and procedures. Stay updated on economic trends, industry developments, and regulatory changes impacting credit underwriting and commercial lending practices. WHAT YOU SHOULD HAVE: Bachelor's degree or equivalent education including upper-level courses in finance and accounting 1-3 years of experience in a previous credit analyst or underwriter position 1+ years of experience working with commercial and industrial, commercial real estate and agricultural lending preferred In-depth knowledge of straightforward to medium complexity loan documentation, banking laws, and regulations preferred WHAT WE BRING TO THE TABLE: Competitive compensation including base salary, bonus and/or incentive opportunities. Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings. Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave. Learning and development resources for personal and professional career development, and advancement opportunities. Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services. Support for the communities we live in through paid volunteer time and a company donation match opportunity. WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds. BASE PAY RANGE: $60,000 - $80,000 per year The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job. Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
    $60k-80k yearly 43d ago

Learn more about underwriter jobs

How much does an underwriter earn in Eagan, MN?

The average underwriter in Eagan, MN earns between $36,000 and $91,000 annually. This compares to the national average underwriter range of $39,000 to $96,000.

Average underwriter salary in Eagan, MN

$57,000

What are the biggest employers of Underwriters in Eagan, MN?

The biggest employers of Underwriters in Eagan, MN are:
  1. CarringtonRES
  2. Prime Therapeutics
  3. Trustmark
  4. W. R. Berkley
  5. City National Bank
  6. BERKLEY TECHNOLOGY SERVICES
  7. Highmark
  8. Invictus Capital Partners/Verus Mortgage Capital
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