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  • P&C Complex Liability High Hazard Underwriter

    The Hartford 4.5company rating

    Underwriter job in Huntington, VA

    Executive Underwriter - UW07CDSenior Underwriter - UW08CAUnderwriter - UW08CB We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way they've always been done isn't a part of the job. Here, you'll be putting your creative insights to work with other underwriters and leaders, having a seat at the table with key decision makers. And you'll have any number of opportunities for your career to grow in whatever direction you choose. Our Complex Liability Solutions (CLS) team is a dedicated group of underwriters, risk engineering consultants and liability claims specialists experienced in hard-to-place products and premises risks. We face catastrophic exposures in our high-hazard book every day. This is a great opportunity for Middle Market or Primary Casualty, or Excess Casualty Underwriters looking to expand their knowledge into high hazard liability risks. In this role, they are able entertain accounts often viewed as out of appetite for traditional retail carriers. Our CLS underwriters are responsible for: Providing technical underwriting expertise in the risk selection, pricing, administration and account management of the CLS book of business. Profitably underwrite new and renewal tough to place General Liability, Products and Excess driven business that requires strong exposure and control evaluation skills. Identify appropriate opportunities consistent with risk appetite. Creates, drives and executes on strategies for new and renewal accounts Consults and provides solutions. Effectively provides excellent account management service of an assigned territory through strategic planning and operational excellence. Has the ability to tailor a service plan for each client based on their individual needs. Positively impacts and influences final account pricing and terms. Establishes and maintains a strong account pipeline. Manages the sales process including planning, operating routines, and monitoring Manages cross-sell and up-sell opportunities across the team; generates cross-sell opportunities Is well versed about every aspect of The Hartford's Value proposition to best position us for success. Being professionally demanding and holding internal and external customers accountable. Qualifications: 3 + years of P&C Carrier Casualty underwriting experience is required; ideally candidate will have a strong liability background. Position title and level to be determined upon careful examination of the selected candidate's qualifications and experience. Demonstrated success in developing and maintaining solid relationships with all internal and external business partners Excellent communication, interpersonal and presentation skills Ability to think analytically about business problems, make recommendations and propose solutions High energy self-starter, who is resilient and has an entrepreneurial spirit Demonstration of solid time, organizational, and desk management skills Goal-oriented and delivers outcomes Ability to challenge the status quo and compete to win Superior technical knowledge and sound decision-making and analytical skills Ability to travel approximately 25% This role will have a Hybrid work arrangement, with the expectation of working from one of the listed Hartford offices or making agency calls Tuesday through Thursday. Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is: $78,000 - $184,800 The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience. Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
    $78k-184.8k yearly Auto-Apply 60d+ ago
  • Group Underwriter II (Stop Loss)

    Carebridge 3.8company rating

    Underwriter job in Washington, DC

    Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Group Underwriter II (Stop Loss) is responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits. How You Will Make an Impact Primary duties may include, but are not limited to: * Calculates stop loss rates for group cases based on analysis of group's experience, industry and demographics. * Prepares post-sale reviews. Minimum Requirements: Requires a BA/BS in a related field; Minimum 3 years of experience in underwriting; or any combination of education and experience, which would provide an equivalent background. Preferred Skills, Capabilities, and Experiences: * CPCU, CLU, LOMA, HIAA or other insurance related courses preferred. * Stop Loss underwriting experience preferred For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $61,404 to $105,264. Locations: California, Colorado, District of Columbia (Washington, DC), Maryland, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
    $61.4k-105.3k yearly Auto-Apply 60d+ ago
  • Middle Market Field Underwriter

    The Jacobson Group 4.9company rating

    Underwriter job in Washington, DC

    The Middle Market Field Underwriter represents the company within a defined territory of agencies, managing and servicing a profitable renewal book of commercial lines business using the highest level of technical underwriting ability. The role conducts territory planning, performance analysis and agency management to maximize production, profit and retention. This role also leads the analysis of new business opportunities from exposure, pricing, service and sales perspectives, drives collaboration meetings with independent agents and coaches less experienced field underwriters while mentoring agencies. Responsibilities: Underwrite and manage a commercial lines book of business for the assigned territory. Represent the company, build strong relationships, and manage the book of business to attain profit and revenue objectives. Act as the key contact for specified agencies, leading agency business planning and account inventory management. Build an account inventory of new business well in advance of expiration dates to achieve profit and revenue objectives. Coordinate monthly renewal strategy discussions with the underwriting and services team for individual renewals. Discuss new accounts in the pipeline consistently, review opportunities, determine the best approach and establish an underwriting relationship with policyholders. Underwrite and collaborate on new and renewal commercial lines accounts, pre-qualify customers and lead the account team to analyze new business opportunities. Coordinate collaboration meetings on large, more complex accounts in accordance with company guidelines. Evaluate exposures to loss, determine pricing, and accept or reject accounts based on the company's underwriting guidelines. Make risk acceptability and pricing decisions throughout the policy life cycle. Document underwriting decisions and maintain supporting information in accordance with audit standards. Complete the account summary document, record account details, complete and share a post-mortems on accounts that are not acquired to improve sales acumen and competitive intelligence. Review, approve or decline underwriting authority referrals from junior field underwriters or managers, and engage in the state planning process, including rate review process and annual projections. Serve as the account steward to ensure commitments on accounts are fulfilled and drive standard scheduled periodic communication with policyholders. Establish and maintain effective communication regarding underwriting procedures, practices, growth and profit goals, state and territory issues and regulations, industry activity and trends, and agency relations. Review quality assurance audits, participate in underwriting procedures and submit recommendations to improve department results, including coverage, pricing or competitive issues. Travel as needed, including regular utilization of the assigned fleet vehicle to cover the territory, which may involve traveling on short notice or other daily driving duties as assigned. Requirements: 8+ years of property and casualty commercial underwriting experience Bachelor's degree in business or related discipline and/or commensurate work experience Valid driver's license and a driving record that conforms to company standards Contact: Sal Monteleone ******************************
    $67k-100k yearly est. Easy Apply 12d ago
  • FHA MAP Underwriter

    Zentech Consulting 3.9company rating

    Underwriter job in Silver Spring, MD

    Our client, one of the top affordable housing lenders and investors nationwide, has a unique opportunity for a FHA MAP Underwriter with a strong focus on affordable transactions and 3-5 years' experience to join their growing FHA platform. Job Description The MAP Underwriter will be primarily responsible for underwriting and submitting assigned financing applications to the Department of Housing and Urban Development (HUD) in accordance with its MAP Guide, related HUD guidelines, Bank procedures and regulatory guidelines. They will also be responsible for assisting with the preliminary screening of new deals coming into the bank. Qualifications Deal Structuring: The Underwriter should understand the use of FHA with LIHTC equity, tax-exempt bond financing, and subordinate financing. Economic Feasibility Analysis: This includes all components of net operating income (NOI), proposed cost estimates and anticipated lease-up, as applicable. Candidate should have a working knowledge of affordable housing programs including LIHTC, HOME, RAD, HAP contracts and vouchers, ability to research and understand other federal and state programs and apply appropriately to FHA MAP lending guidelines. In addition, the underwriter should be able to understand and apply guidelines related to tax abatement programs and ground leases typical in the affordable housing arena. Appraisal Analysis and Review: The Underwriter will participate in the process of selecting and working with approved third-party appraisers. They will be responsible for review of the appraisal and related forms and for working with the appraiser to develop an accurate final appraisal. PCNA/AEC Review/Environmental: The Underwriter will participate in the selection process and work with the third-party toward a final product that meets all HUD guidelines and accurately reflects the transaction. Mortgage Credit Analysis: Utilizing HUD application documents and other Bank information, Underwriter must be able to analyze credit documentation, including REO schedules, to determine ownership structure and Active Principals, credit worthiness as well as capacity issues and other risks/mitigates to HUD and BANA. The Underwriter should understand the analysis required of LIHTC investors in affordable transactions as well as how to analyze non-profit financial statements and review non-profits. Underwriter's Narrative, Site Visit, Concept Meeting and HUD Forms: Underwriter is responsible, in conjunction with other team members, for completing the Underwriter's Narrative and required HUD forms pursuant to HUD guidelines. Underwriter is also responsible for conducting the site inspection and if applicable, preparing a concept meeting package and attending concept meeting with Borrower. Primary contact for HUD on a transaction basis: The Underwriter will serve as the primary HUD contact maintaining a positive relationship throughout. Facilitate Closing, as needed: Work closely with third-party closer/servicer, attorneys and HUD to facilitate closing. Travel required for site inspections, conferences, and meetings (20%) EDUCATION/ EXPERIENCE MAP Certified (LEAN not required) 3 -5 years of FHA lending experience or equivalent including affordable housing lending B.S./Master's degree in Accounting, Finance, Economics, Real Estate or other related field Additional Information All your information will be kept confidential according to EEO guidelines.
    $65k-100k yearly est. 7h ago
  • Agency Underwriter - Affordable/Conventional

    Northmarq Capital 4.4company rating

    Underwriter job in Washington, DC

    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. 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! Washington DC 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 60d+ ago
  • Project Finance Underwriter

    Ryde Technologies, LLC

    Underwriter job in Arlington, VA

    Job Description We are looking for a Project Finance Underwriter to join our team. Responsibilities Evaluate the risks and long-term cash flows of large-scale projects, with repayment analysis focused on the project's success and its own generated revenues, not just a single asset or the borrower's broader balance sheet. Conduct and evaluate comprehensive Credit Assessments for project finance opportunities, including infrastructure, energy, public-private partnerships (P3), and other complex, multi-party projects. Analyze and underwrite new and existing project finance transactions, applying strong financial modeling skills for cash flow projections, scenario analysis, and risk identification across the full project lifecycle. Support the project finance team with expertise in structuring, analysis, and credit documentation for project-based lending, including creation and review of term sheets, covenants, and risk mitigants tailored to project finance structures. Qualifications Bachelor's Degree in Business, Finance, Economics, or a related field. 5-10+ years of experience in Commercial Lending and Credit Analysis Strong analytical and communication skills. Experience in risk assessment and credit analysis for large-scale industrial loans. Proficiency in financial statement spreading, preparation of projections, and trailing twelve-month analysis. Completion of a credit training program. Ability to obtain and maintain necessary security clearances. Proficiency in Microsoft Office Suite (2016 or later). Ability to travel to Crystal City, Virginia, and other U.S. locations as needed. Additional Requirements Must sign a Non-Disclosure Agreement within five business days of award or onboarding. Ability to work in a high-paced team environment, multitasking effectively. Strong financial modeling skills, ability to structure, perform due diligence, document, and close complex transactions. EEO Compliance: Ryde is an Equal Employment Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law. Ryde will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.
    $49k-85k yearly est. 21d ago
  • Senior Mortgage Underwriter

    Shore United Bank 4.7company rating

    Underwriter job in Annapolis, MD

    Shore United Bank is seeking a full-time Senior Mortgage Underwriter to join our team. This role involves assessing borrowers' financial positions to evaluate credit risk, managing loan applications to meet service level agreements, and ensuring compliance with regulatory requirements and bank standards. Additionally, the Senior Mortgage Underwriter will collaborate with internal teams, maintain certifications, and provide exceptional service while demonstrating expertise in agency products, income analysis, and mentoring peers. Essential Functions Include: * Analyzes current financial position of borrowers to determine the degree of risk involved in extending credit. Makes decisions to approve, deny, or forward the loan request to a higher level for a decision. * Monitors work queue to ensure loan applications are reviewed and underwritten in an acceptable time period and meets the SLA's (service level agreements) set forth for each loan product type. * Collaborates with Sales, Operations, and Closing to provide exceptional internal and external customer service. * Has detailed understanding of Agency products FNMA/FHLMC/FHA/VA/USDA * Credit and collateral underwriting of FHA, VA, Conventional, VA SAR, CDA, USDA and Portfolio mortgage loans with a high degree of attention to detail. * Perform income analysis which includes reviewing self-employment income for those borrowers with Schedule C, 1065, 1120 and/or 1120S * Demonstrate ability to mentor peers in skill development * Develops, maintains, and demonstrates a working knowledge of bank mortgage loan standards, policies, procedures, and applicable state and federal government rules. * Underwrites all residential mortgage loans with compliance of Regulation Z-ATR and QM requirements. * Maintain certifications in FHA, VA, and USDA underwriting * Abide by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace. * Cooperate with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, SAFE Act, etc.; ensures that the office and all personnel adhere to the same. * Participate in required training sessions, including training for compliance with BSA/AML policies and procedures. Location: Westgate Building - 200 Westgate Circle, Annapolis, MD 21401 Position Type/Expected Hours of Work: * Full-time. * Non-exempt. * Days of Work: Monday-Friday. Required Education and Experience: * High school diploma/GED equivalent. * Minimum of five years' experience underwriting mortgage loans. * Working Knowledge of AUS, DU and GUS. * Must currently have LAPP and DE certifications. * Bachelor's degree or equivalent experience in residential mortgage underwriting/credit preferred * Excellent working knowledge of all consumer and mortgage related regulatory requirements, including but not limited to: BSA, Reg B-ECOA, Reg C-HMDA, Dodd-Frank, Reg X-RESPA, Reg Z-TILA, SCRA, and UDAAP. * Mortgage Credit regulatory knowledge and training. Compensation: * The pay range for this position is $45.00 to $57.50 hourly. * Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer. Company Benefits: * Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work. * Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more! * Paid parental leave * 401k savings plan with up to a 4% company match * Employee Stock Purchase Plan * Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives. * Opportunity for growth and advancement * Paid training program and continuous training sessions throughout the year on various topics * Generous paid time off and paid sick time * Community involvement opportunities Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals. Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
    $45-57.5 hourly Auto-Apply 58d ago
  • National Accounts Strategic Underwriter

    Elevance Health

    Underwriter job in Washington, DC

    Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The National Accounts Strategic Underwriter is responsible for providing strategic and analytical underwriting support for national account clients. This includes financial modeling, risk assessments, and developing multi-year pricing strategies tailored to large, complex employer groups. The role requires extensive research, and collaboration to meet client demands and support growth and retention. The role collaborates cross-functionally to deliver customized solutions aligned with business priorities. How You Will Make an Impact Primary duties may include, but are not limited to: * Create competitive, financially sound proposals for business growth and renewals. * Collaborate on RFPs. * Lead contract customization and negotiations, ensuring accurate financial outcomes and risk mitigation. * Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements. Minimum Requirements: Requires a BA/BS in in Finance, Actuarial Science, Business, or related field; Minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance. Preferred Skills, Capabilities, and Experiences: * ASA/FSA, CFA, or CEBS credentials preferred. For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $105,504 to $180,864. Locations: California, District of Columbia (Washington, DC), Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Job Level: Non-Management Exempt Workshift: Job Family: UND > Analysis Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
    $105.5k-180.9k yearly 4d ago
  • Mortgage Loan Underwriter Senior

    City National Bank 4.9company rating

    Underwriter job in Annapolis, MD

    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
  • Case Underwriter II

    Trustmark 4.6company rating

    Underwriter job in Annapolis, MD

    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 30d ago
  • Credit Underwriter - Renewable Energy

    Farmer Mac 3.9company rating

    Underwriter job in Washington, DC

    Farmer Mac is looking to hire a driven, analytical, and personable individual with five (5) or more years of credit, lending, and structuring experience or three (3) or more years of relevant renewable energy experience for the position of Credit Underwriter for its Infrastructure Finance team. Team Summary Farmer Mac's Infrastructure Finance team is a fast-paced, knowledgeable, mission-oriented team lending to organizations that finance renewable energy project finance transactions, power and utility entities and broadband companies, in addition to providing wholesale lending to a select group of financial institutions. Infrastructure Finance has delivered significant growth and is a crucial business in the execution of Farmer Mac's strategic plan. The segment's focus is on deepening existing client relationships, developing new customer relationships, and diversifying the products offered to clients. Position Summary The primary responsibilities of the Credit Underwriter include underwriting new loan opportunities, writing analytical credit recommendations, running sensitivity models, and portfolio management as it pertains to the Renewable Energy segment. The Credit Underwriter will maintain power and utilities industry knowledge with an emphasis on renewable energy and help to maintain key relationships with customers and business partners. The Credit Underwriter will develop internal relationships to help conduct portfolio activities leading up to credit approval, as well as post-approval processing; and be a part of the team driving new product innovation. This role is expected to contribute immediately towards accelerating growth within Farmer Mac's Renewable Energy segment and contribute significantly to Farmer Mac's strategic objectives and initiatives. Who You Will Work With The Renewable Energy Credit Underwriter will report directly to the Senior Director - Credit Underwriting. The position holds a high level of visibility within the company and will have regular interaction with Senior Managing Director of Infrastructure Finance, Managing Director of Renewable Energy, Relationship Managers, Transaction Management, and Farmer Mac internal and external counsel. The position will also have a high degree of interaction with Farmer Mac credit committee, including the Chief Credit Officer, and Farmer Mac clients. Where and When You Will Work The position can be remote or based in Farmer Mac's Washington, DC or Johnston, IA, locations. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events. Key Responsibilities * Primary contributor in the underwriting, portfolio management process, serving as a direct point of contact for client interaction during the underwriting and structuring phase. * Review, analyze, and assess complex transactions from a variety of counterparties across project finance space within the United States, with a focus on renewable energy. * Review and critically evaluate potential transactions including structure, key counterparties, technology, contracts, and financial projection models. * Review loan documentation and consultant reports of potential opportunities for acceptability of terms and conditions and advise on structural considerations. * Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee. * Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions. * Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings. * Secondary contributor in preparing annual reviews with risk rating rationale, managing portfolio credit actions including amendments, waivers, and consents. * Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition. Professional Experience/Qualifications * Bachelor's degree in finance, accounting or related. * Five (5) or more years of credit underwriting experience or three (3) or more years of relevant renewable experience (e.g. development, finance, project management). * General understanding or willingness to learn specific dynamics of power industries and project finance structures. * Ability and desire to eventually handle renewable energy deal opportunities largely autonomously, including sensitizing financial models, calculating financial ratios, reviewing third-party reports and financing agreements, having awareness of power industry technologies and key participants, identifying key strengths and weaknesses, developing reasonable credit solutions, and providing credit recommendations. * Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review. * Ability to work well in a team environment. * Must have strong written and verbal communication abilities. * Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision. * Broad knowledge of risk management processes and functions. Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization's strategic business objectives. The typical base pay range for this role is $115,000 to $145,000 per year. Compensation will vary based on experience and geographic work location.
    $45k-62k yearly est. 18d ago
  • Underwriter - Affinity

    Embrace Home Loans 4.7company rating

    Underwriter job in Rockville, MD

    Underwriter - Affinity (Part-Time) Department: Underwriting General Business Hours: M-F 9:00 a.m. - 5:00 p.m. Shift: 10 - 25 hours per week; Part-Time Managed by (Title): Underwriting Manager Compensation: TBD FLSA Status: Non-Exempt Last Updated: 10.10.25 SUMMARY Since 1983 our passion has been simple. We want to help you grow both personally and professionally. Embrace is a positive, exciting environment. It's a place where new ideas and opportunities are encouraged. A place where life-changing experiences are created. When you join our team, you'll receive the support you need to grow inside the office and out because we believe that business success and personal fulfillment go hand in hand. Maybe that's why we're such a great place to work. We realize that being successful at work is only the tip of your iceberg. KNOWLEDGE, EXPERIENCE AND SKILLS REQUIRED Technical Knowledge, Years of Related Experience, Skills, Licenses, and Systems Experience Experience: 5 years of underwriting experience focusing on Special Projects such as SimpliBorrow Skills: Strong organizational skills, excellent communication skills, eagerness to learn and excel working in a fast-paced team environment. Ability to prioritize tasks, delegating when appropriate. Must have a proven track record of exceptional customer service, demonstrated ability to provide leadership to teammates in team leader's absence, and commitment to honoring Embrace's values in the workplace Systems: Proficiency navigating and using Outlook, Word and Excel in order to attend virtual meetings, create appointments with clients and record or manipulate customer data. TRAINING REQUIRED Participate in additional training on sales, technology, products, procedures and pricing on an ongoing basis. Participate in sales leadership and FAQ calls. Complete annual training as required by company policy and law on an annual basis in a timely manner. RESPONSIBILITIES Underwrite mortgage loans through SimpliBorrow/Special Projects in accordance with Conventional / FHA DE and internal guidelines ensuring compliance with company and investor standards. Analyze files to ensure loans meet all program and product requirements for designated investor/agency. Review and analyze the loan application and supporting documents in order to determine if the borrower is capable of paying back the mortgage. Request additional information as needed on all documents to help determine loan risk. Counsel sales on potential counteroffers and communicating loan decisions to sales teams. Meet all departmental goals for productivity, quality, corporate service level commitments and adherence to all fair lending practices. Remain current on all product/investor guidelines as well as company policies and procedures. Effectively manage daily and weekly/monthly review goals. Communicate and document reasons for approval or rejection of loans so clients and loan officers are well-informed of decisions. SPECIFIC ACTIVITIES Attend and participate in all Monthly Awards Ceremonies, Corporate Gatherings (including travelling to headquarters quarterly) , Sales Calls & Training Events. Read all newsletters and bulletins to remain current on corporate policies, procedures, and developments. MEASUREMENTS OF SUCCESS Ability to do equations and arithmetic in order to avoid costly economic errors on behalf of Embrace Home Loans. Analyze and collect borrower financial information, documentation and records in order to identify and prevent financial risks to the company. Manage loan pipeline to ensure that deadlines are met on or before due date in order to keep the pipeline flowing properly. Work alongside internal team members such as loan originators, loan processors and closing officers to provide a constant flow of communication regarding the loan application status. Comply with federal regulations and Fair Housing Act requirements, in addition to Embrace Home Loans' specific guidelines and practices. WORK ENVIRONMENT AND DEMANDS Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work Environment: Office Possible Work Hazards: Minimal Physical Demands: Light OTHER CONSIDERATIONS/DISCLAIMERS Disclaimer: This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks as assigned by supervisory personnel, regardless of job title or routine job duties. ADA Compliance: Embrace Home Loans is an Equal Opportunity and ADA compliant Employer, committed to diversity in the workplace. Disclaimer for Connecticut Applicants: The applicant is not required to disclose the existence of any erased criminal history record information, erased criminal history record information are records pertaining to a finding of delinquency or that a child was a member of a family with service needs, an adjudication as a youthful offender, a criminal charge that has been dismissed or nolled, a criminal charge for which the person has been found not guilty or a conviction for which the person received an absolute pardon or criminal records that are erased pursuant to statute or by other operation of law, and Any person with erased criminal history record information shall be deemed to have never been arrested within the meaning of the general statutes with respect to the proceedings so erased and may so swear under oath. Work Location Information: Embrace supports hybrid work where business needs allow, but is rebuilding a community that looks forward to collaboration within an office setting. All remote work, if allowed, must be performed in a state in which Embrace is registered to do business or presently open to payroll withholding, unemployment insurance as well as workers compensation. Those states are as follows: Alabama, Arizona, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and West Virginia. Even if remote work is permitted, some presence in an office may be necessary based on needs, the nature of work, or in support of corporate sponsored events designed to build community. If your position requires an MLO license, you must be employed within commutable distance of an Embrace office (no home offices) and open to reporting to the office location when required.
    $47k-84k yearly est. Auto-Apply 60d+ ago
  • Mortgage Underwriter

    Solomonedwards 4.5company rating

    Underwriter job in Annapolis, MD

    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
  • Senior Commercial Underwriter

    Burke & Herbert Bank & Trust 4.4company rating

    Underwriter job in Bethesda, MD

    The Senior Commercial Underwriter shall perform financial analysis and risk assessment on Commercial & Industrial and Commercial Real Estate transactions. This independent analysis function is designed to provide an in-depth evaluation of the strengths and weaknesses in commercial loan requests that will assist management in determining if the overall risk in a credit request is acceptable to the Bank. In addition, this position may be asked to apply their financial analysis skills to assist other areas of credit risk management. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Prepare timely, high quality credit analysis and recommendations that accurately describe the transaction along with risk and mitigating factors associated with the loan request. Prepare detailed analysis of historical property operations to make informed decisions about future performance. Utilize financial spreading software as well as other financial analysis tools to evaluate borrower's cash flow and determine adequacy of the borrower's primary and secondary repayment sources. For real estate transactions, in-depth understanding of property operating statements, leases, rent rolls, real estate schedules and the ability to perform detailed cash flow analysis using CRE templates. Ability to perform stress testing scenarios on construction projects and stabilized income producing real estate properties. For C&I transactions, ability to understand cash flow cycles, conduct sensitivity analysis, evaluate Borrower's cash flow and its ability to provide adequate debt coverage for the proposed transactions as well as determine cushions of protections. Research and investigate applicable market data using industry related tools such as Co Star and Vertical IQ. Analyze third-party reports and appraisals. Determine and obtain missing files and/or missing documentation as needed to complete the assignment. Experience in analyzing and interpreting all levels of financial statement quality. Ability to analyze complex personal financial statements and personal tax returns of sponsors/guarantors as well as contingent debt. Assign risk rating based on risk rating metrics and Bank loan policy. Monitor and measure financial covenants as well as Borrower operating performance. Assist with preparation of loan presentations for Executive and Board Loan Committees. Perform routine annual reviews of relationships within loan portfolio. Assist with training & mentoring of commercial underwriting team members. Attend client meetings, as appropriate, to support underwriting request. Other Duties Complies with all policies and procedures as applied to the Bank's BSA/AML policy. Perform other duties as assigned. Skills/Abilities High level of commercial loan underwriting expertise. Extensive knowledge of spreading and analyzing financial statements. Thorough understanding of financial accounting. Knowledge of applicable local market. Ability to work well under pressure and meet designated deadlines. Full understanding of loan documentation and applicable regulatory requirements. Excellent verbal and written communication skills. Computer literate with proficiency in Microsoft Office applications. Excellent organizational skills. Strong analytical skills and attention to detail. Ability to work independently while meeting processing standards for quality and quantity. Experience with Financial Spreading software. Experience with industry related tools (Vertical IQ & Co-Star preferred). Supervisory Responsibility This position has no supervisory responsibilities. Work Environment This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer. Physical Demands This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary. Travel Travel may be required for this position. Education and Experience Bachelor's degree (preferred Finance, Accounting, or equivalent industry experience). Formal Credit training or equivalent industry experience preferred. Minimum five years of experience in commercial underwriting/analysis role required. This position is classified as exempt, and as such it is paid on a salary basis. The pay range for this position is $80,000 to $130,000. This position is classified as full-time and the benefits package includes health insurance, dental insurance, vision insurance. Employees may select from coverage options which range from employee only to family coverage. Full-time employees receive either Paid Time Off (PTO) or separate paid vacation and paid illness leave accrual. This is in addition to a paid holiday schedule, paid bereavement, and paid parental leave. Benefits also include company paid life insurance and paid long-term disability coverage. Our bank also offers a 401(k) with a company match. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Equal Employment Opportunity Employer/M/F/disability/protected veteran status. Equal Employment Opportunity Employer/M/F/disability/protected veteran status
    $40k-50k yearly est. Auto-Apply 30d ago
  • Commercial Insurance Technology Underwriter

    Travelers Insurance Company 4.4company rating

    Underwriter job in Huntingtown, MD

    **Who Are We?** Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. **Job Category** Underwriting **Compensation Overview** The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. 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. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. **Salary Range** $89,800.00 - $148,300.00 **Target Openings** 1 **What Is the Opportunity?** Technology & Life Sciences offers a wide array of products to technology software and service providers, electronics manufacturing companies as well as medical technology and pharmaceutical companies. The Account Executive (AE), Technology will partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. As an AE, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to assess risk and sell our products will contribute to the profitability and success of Travelers. **What Will You Do?** + Manage the profitability, growth, and retention of an assigned book of business. + Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability. + Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities. + Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite. Must be able to travel to such meetings. + Identify and capture new business opportunities using consultative marketing and sales skills. + Develop and execute agency sales plans. Execute region/group sales plans. + Perform other duties as assigned. **What Will Our Ideal Candidate Have?** + Bachelor's degree. + Three to five years of relevant underwriting experience with experience in commercial lines. + Knowledge of commercial lines products, the regulatory environment, and the local insurance market. + Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite. + Communication skills with the ability to successfully negotiate with agents and brokers. + CPCU designation. **What is a Must Have?** + Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience. **What Is in It for You?** + **Health Insurance** : Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment. + **Retirement:** Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. + **Paid Time Off:** Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. + **Wellness Program:** The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. + **Volunteer Encouragement:** We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice. **Employment Practices** Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (*******************) so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit ******************************************************** .
    $21k-52k yearly est. 60d+ ago
  • Group Underwriter II (Stop Loss)

    Carebridge 3.8company rating

    Underwriter job in Severn, MD

    Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The Group Underwriter II (Stop Loss) is responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits. How You Will Make an Impact Primary duties may include, but are not limited to: * Calculates stop loss rates for group cases based on analysis of group's experience, industry and demographics. * Prepares post-sale reviews. Minimum Requirements: Requires a BA/BS in a related field; Minimum 3 years of experience in underwriting; or any combination of education and experience, which would provide an equivalent background. Preferred Skills, Capabilities, and Experiences: * CPCU, CLU, LOMA, HIAA or other insurance related courses preferred. * Stop Loss underwriting experience preferred For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $61,404 to $105,264. Locations: California, Colorado, District of Columbia (Washington, DC), Maryland, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
    $61.4k-105.3k yearly Auto-Apply 60d+ ago
  • Case Underwriter II

    Trustmark 4.6company rating

    Underwriter job in Washington, DC

    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 30d ago
  • Credit Underwriter - Renewable Energy

    Federal Agricultural Mortgage Corporation 3.9company rating

    Underwriter job in Washington, DC

    Farmer Mac is looking to hire a driven, analytical, and personable individual with five (5) or more years of credit, lending, and structuring experience or three (3) or more years of relevant renewable energy experience for the position of Credit Underwriter for its Infrastructure Finance team. Team Summary Farmer Mac's Infrastructure Finance team is a fast-paced, knowledgeable, mission-oriented team lending to organizations that finance renewable energy project finance transactions, power and utility entities and broadband companies, in addition to providing wholesale lending to a select group of financial institutions. Infrastructure Finance has delivered significant growth and is a crucial business in the execution of Farmer Mac's strategic plan. The segment's focus is on deepening existing client relationships, developing new customer relationships, and diversifying the products offered to clients. Position Summary The primary responsibilities of the Credit Underwriter include underwriting new loan opportunities, writing analytical credit recommendations, running sensitivity models, and portfolio management as it pertains to the Renewable Energy segment. The Credit Underwriter will maintain power and utilities industry knowledge with an emphasis on renewable energy and help to maintain key relationships with customers and business partners. The Credit Underwriter will develop internal relationships to help conduct portfolio activities leading up to credit approval, as well as post-approval processing; and be a part of the team driving new product innovation. This role is expected to contribute immediately towards accelerating growth within Farmer Mac's Renewable Energy segment and contribute significantly to Farmer Mac's strategic objectives and initiatives. Who You Will Work With The Renewable Energy Credit Underwriter will report directly to the Senior Director - Credit Underwriting. The position holds a high level of visibility within the company and will have regular interaction with Senior Managing Director of Infrastructure Finance, Managing Director of Renewable Energy, Relationship Managers, Transaction Management, and Farmer Mac internal and external counsel. The position will also have a high degree of interaction with Farmer Mac credit committee, including the Chief Credit Officer, and Farmer Mac clients. Where and When You Will Work The position can be remote or based in Farmer Mac's Washington, DC or Johnston, IA, locations. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events. Key Responsibilities * Primary contributor in the underwriting, portfolio management process, serving as a direct point of contact for client interaction during the underwriting and structuring phase. * Review, analyze, and assess complex transactions from a variety of counterparties across project finance space within the United States, with a focus on renewable energy. * Review and critically evaluate potential transactions including structure, key counterparties, technology, contracts, and financial projection models. * Review loan documentation and consultant reports of potential opportunities for acceptability of terms and conditions and advise on structural considerations. * Prepare and conduct credit presentations, recommending new or incremental credit exposure to the credit committee. * Work with Relationship Manager, Transaction Management, Loan Operations, and Legal to coordinate the close of transactions. * Manage an existing portfolio of borrowers, track ongoing financial performance and trends, report on covenant compliance, and ensure accurate borrower risk ratings. * Secondary contributor in preparing annual reviews with risk rating rationale, managing portfolio credit actions including amendments, waivers, and consents. * Develop and maintain knowledge of specific industries, economy, market conditions, rates, and competition. Professional Experience/Qualifications * Bachelor's degree in finance, accounting or related. * Five (5) or more years of credit underwriting experience or three (3) or more years of relevant renewable experience (e.g. development, finance, project management). * General understanding or willingness to learn specific dynamics of power industries and project finance structures. * Ability and desire to eventually handle renewable energy deal opportunities largely autonomously, including sensitizing financial models, calculating financial ratios, reviewing third-party reports and financing agreements, having awareness of power industry technologies and key participants, identifying key strengths and weaknesses, developing reasonable credit solutions, and providing credit recommendations. * Excellent skills in credit analysis, quantitative and qualitative assessments, valuation, loan underwriting, and documentation review. * Ability to work well in a team environment. * Must have strong written and verbal communication abilities. * Self-starter with strong work ethic and the ability to work on one or more tasks efficiently and effectively with minimal supervision. * Broad knowledge of risk management processes and functions. Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization's strategic business objectives. The typical base pay range for this role is $115,000 to $145,000 per year. Compensation will vary based on experience and geographic work location.
    $45k-62k yearly est. 18d ago
  • National Accounts Strategic Underwriter

    Elevance Health

    Underwriter job in Severn, MD

    **Location:** This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law. The **National Accounts Strategic Underwriter** is responsible for providing strategic and analytical underwriting support for national account clients. This includes financial modeling, risk assessments, and developing multi-year pricing strategies tailored to large, complex employer groups. The role requires extensive research, and collaboration to meet client demands and support growth and retention. The role collaborates cross-functionally to deliver customized solutions aligned with business priorities. **How You Will Make an Impact** Primary duties may include, but are not limited to: + Create competitive, financially sound proposals for business growth and renewals. + Collaborate on RFPs. + Lead contract customization and negotiations, ensuring accurate financial outcomes and risk mitigation. + Assists in the technical development of underwriting associates, which may include monitoring reports and work flow to provide recommendations on productivity and efficiency improvements. **Minimum Requirements:** Requires a BA/BS in in Finance, Actuarial Science, Business, or related field; Minimum of 7 years in large group insurance underwriting, actuarial analysis, or strategic finance. **Preferred Skills, Capabilities, and Experiences:** + ASA/FSA, CFA, or CEBS credentials preferred. For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $105,504 to $180,864. Locations: California, District of Columbia (Washington, DC), Illinois, Maryland, Massachusetts, Minnesota, Nevada, New York, Washington State In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws. * The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law. Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health. Who We Are Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. How We Work At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business. We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few. Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact ******************************************** for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
    $105.5k-180.9k yearly 23d ago
  • Commercial Insurance Technology Underwriter

    The Travelers Companies 4.4company rating

    Underwriter job in Huntingtown, MD

    Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Job Category Underwriting Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. 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. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $89,800.00 - $148,300.00 Target Openings 1 What Is the Opportunity? Technology & Life Sciences offers a wide array of products to technology software and service providers, electronics manufacturing companies as well as medical technology and pharmaceutical companies. The Account Executive (AE), Technology will partner with agents and brokers to provide coverage for new and renewal business based on customers' needs. As an AE, you are decisive, detail-oriented, and know how to build relationships internally and externally to drive results. Your ability to assess risk and sell our products will contribute to the profitability and success of Travelers. What Will You Do? * Manage the profitability, growth, and retention of an assigned book of business. * Underwrite and skillfully negotiate customer accounts to minimize risk and maximize profitability. * Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities. * Foster and maintain relationships with external partners by regularly meeting in person with agents and brokers to market and sell Travelers products with a goal of writing and retaining accounts consistent with our risk appetite. Must be able to travel to such meetings. * Identify and capture new business opportunities using consultative marketing and sales skills. * Develop and execute agency sales plans. Execute region/group sales plans. * Perform other duties as assigned. What Will Our Ideal Candidate Have? * Bachelor's degree. * Three to five years of relevant underwriting experience with experience in commercial lines. * Knowledge of commercial lines products, the regulatory environment, and the local insurance market. * Strong critical thinking skills with the ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions in alignment with our risk appetite. * Communication skills with the ability to successfully negotiate with agents and brokers. * CPCU designation. What is a Must Have? * Two years of underwriting, claim, operations, risk assessment, actuarial, sales, product, or finance experience. What Is in It for You? * Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment. * Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. * Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. * Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. * Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice. Employment Practices Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit *********************************************************
    $21k-52k yearly est. 35d ago

Learn more about underwriter jobs

How much does an underwriter earn in Washington, DC?

The average underwriter in Washington, DC earns between $42,000 and $120,000 annually. This compares to the national average underwriter range of $39,000 to $96,000.

Average underwriter salary in Washington, DC

$71,000

What are the biggest employers of Underwriters in Washington, DC?

The biggest employers of Underwriters in Washington, DC are:
  1. Northmarq
  2. Farmer Mac
  3. Carebridge
  4. The Hartford
  5. Zentech Incorporated
  6. Trustmark
  7. UMB Bank
  8. Walker & Dunlop
  9. CarringtonRES
  10. CBRE Group
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