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Underwriting manager education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become an underwriting manager. Underwriting managers usually study business, finance, or accounting. 73% of underwriting managers hold a bachelor's degree, and 11% hold an associate degree. We analyzed 2,528 real underwriting manager resumes to see exactly what underwriting manager education sections show.
The most common colleges for underwriting managers are the University of Phoenix and the University of Phoenix.
There are also many online underwriting manager courses to help get the education required to be an underwriting manager.
There are certain underwriting manager certifications that you should consider. These underwriting manager certifications include Chartered Property Casualty Underwriter (CPCU) and Associate in General Insurance (AINS).
What education do you need to become an underwriting manager?
What degree do you need to be an underwriting manager?
- Bachelor's, 73%
- Associate, 11%
- Master's, 9%
- High School Diploma, 4%
- Other Degrees, 3%
What should I major in to become an underwriting manager?
- Business, 37%
- Finance, 11%
- Accounting, 5%
- Psychology, 5%
- Other Majors, 42%
Most common colleges for underwriting managers
| Underwriting manager common college | Percentages |
|---|---|
| University of Phoenix | 12.71% |
| New York University | 6.63% |
| Arizona State University | 6.08% |
| California State University - San Bernardino | 5.52% |
| University of Wisconsin Colleges | 5.52% |
Best majors for underwriting managers
| Rank | Major | Percentages |
|---|---|---|
| 1 | Business | 37.5% |
| 2 | Finance | 11.1% |
| 3 | Accounting | 5.3% |
| 4 | Psychology | 5.1% |
| 5 | Economics | 4.3% |
Best colleges for underwriting managers
The best colleges for underwriting managers are Stanford University, Northwestern University, and University of Pennsylvania.
An underwriting manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for underwriting managers. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become underwriting managers.
1. Stanford University
Stanford, CA • Private
In-state tuition
$51,354
Enrollment
7,083
2. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
3. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
4. Maine Maritime Academy
Castine, ME • Private
In-state tuition
$13,478
Enrollment
979
5. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
6. California State University - Bakersfield
Bakersfield, CA • Private
In-state tuition
$7,309
Enrollment
9,142
7. SUNY at Binghamton
Vestal, NY • Private
In-state tuition
$9,808
Enrollment
13,990
8. Villanova University
Villanova, PA • Private
In-state tuition
$53,308
Enrollment
6,819
9. San Diego State University
San Diego, CA • Private
In-state tuition
$7,488
Enrollment
30,018
10. Bentley University
Waltham, MA • Private
In-state tuition
$49,880
Enrollment
4,177
20 best online courses for underwriting managers
Advertising disclosure
1. Financial Management
This Specialization covers the fundamentals of strategic financial management, including financial accounting, investments, and corporate finance. You will learn to evaluate major strategic corporate and investment decisions and to understand capital markets and institutions from a financial perspective, and you will develop an integrated framework for value-based financial management and individual financial decision-making.\n\nThe Financial Management Specialization is part of the University...
2. Corporate Finance II: Financing Investments and Managing Risk
In this course you will learn how companies decide on how much debt to take, and whether to raise capital from markets or from banks. You will also learn how to measure and manage credit risk and how to deal with financial distress. You will discuss the mechanics of dividends and share repurchases, and how to choose the best way to return cash to investors. You will also learn how to use derivatives and liquidity management to offset specific sources of financial risk, including currency risks...
3. Intro to Commercial Credit Analysis, Credit Risk and Lending
Commercial Credit Underwriting Lending & Commercial Credit Financial Analysis Credit Risk Foundations...
4. Multifamily Real Estate Underwriting Masterclass
Learn how you can start underwriting deals today!...
5. Introduction to Compliance Risk Management CRM
Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals...
6. Banking Credit Analysis Process (for Bankers)
Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...
7. Informed Risk Taking: Risk Management Process - Analysis
Risk Management Strategies : Risk Analysis Techniques : Risk Management Principles : Risk Management Process : Methods...
8. Operational Risks Management ORM
Operational Risks Management ORM Case Studies for Risk Management, Compliance, Audit, IS Security, Banking Professionals...
9. 3-in-1 Banking, Banking Risk and Compliance Masterclass
The essentials of the banking business (business model, compliance, others), financial risk management and compliance...
10. The Credit Analyst Training course
Learn the complete Credit Risk Analysis skills for jobs in Banks, Asset Management & Credit Rating Agencies...
11. Audit - Financial Statement
Master the Art of Auditing Financial Statements: In-Depth Analysis, Techniques, and Real-World Case Studies...
12. Financial Statement Analysis - Ratio Analysis
Master the Art of Financial Statement Analysis: Unlocking Insights through Vertical, Horizontal, and Ratio Analysis...
13. U.S. Residential Real Estate, Property & Mortgage Business
Property & Mortgage Underwriting Loan Processing Financial Analysis Mortgage Operations Origination...
14. Financial Risk Management (FRM): Foundational FRM Principles
Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation...
15. Credit Repair: The Total Guide to a Great Credit Score
Credit Repair: A step-by-step plan to begin improving your credit within one hour of starting! Over 7,000 students!...
16. Financial Statement Analysis
Learn how to make understanding financial statements your superpower!...
17. Employee Engagement Performance Management Certificate 2023
Manager Essentials: Management Coaching People Management Accredited Communication & Human Resources Talent Management...
18. The Agile Methodology for Project Risk Managers
The Agile Project Management and Risk Management for Project Professionals Full Course...
19. Performance Management and Compensation Management in HRM
Performance Management and Compensation Management Complete Course...
20. Corporate Finance: Financial Analysis and Decision-Making
Unlocking Financial Insights for Informed Decision-Making and Valuation Strategies: An In-Depth Course...
Top 10 most affordable universities for underwriting managers
The most affordable schools for underwriting managers are SUNY Farmingdale, california state university - bakersfield, and baruch college of the city university of new york.
If the best universities for underwriting managers are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for underwriting managers.
1. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
2. California State University - Bakersfield
Bakersfield, CA • Private
In-state tuition
$7,309
Cost of attendance
16,714
3. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
4. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
5. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-state tuition
$7,240
Cost of attendance
13,991
6. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
7. SUNY Polytechnic Institute
Utica, NY • Private
In-state tuition
$8,238
Cost of attendance
21,567
8. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
9. San Diego State University
San Diego, CA • Private
In-state tuition
$7,488
Cost of attendance
22,990
10. Clayton State University
Morrow, GA • Private
In-state tuition
$5,419
Cost of attendance
17,697
Top 10 hardest universities to get into for underwriting managers
The hardest universities for underwriting managers to get into are Stanford University, Northwestern University, and University of Pennsylvania.
Some great schools for underwriting managers are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for underwriting managers based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. Stanford University
Stanford, CA • Private
Admissions rate
4%
SAT average
1,497
2. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
3. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
4. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
5. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
6. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
7. Villanova University
Villanova, PA • Private
Admissions rate
29%
SAT average
1,407
8. Bentley University
Waltham, MA • Private
Admissions rate
43%
SAT average
1,338
9. SUNY at Binghamton
Vestal, NY • Private
Admissions rate
40%
SAT average
1,376
10. Brandeis University
Waltham, MA • Private
Admissions rate
31%
SAT average
1,398
Top 10 easy-to-apply-to universities for underwriting managers
The easiest schools for underwriting managers to get into are Oklahoma Wesleyan University, notre dame de namur university, and holy names university.
Some schools are much easier to get into. If you want to start your career as an underwriting manager without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for underwriting managers.
1. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
2. Notre Dame de Namur University
Belmont, CA • Private
Admissions rate
82%
SAT average
983
3. Holy Names University
Oakland, CA • Private
Admissions rate
70%
SAT average
849
4. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
5. LIM College
New York, NY • Private
Admissions rate
83%
SAT average
1,061
6. Nyack College
New York, NY • Private
Admissions rate
98%
SAT average
999
7. Life University
Marietta, GA • Private
Admissions rate
94%
SAT average
979
8. D'Youville College
Buffalo, NY • Private
Admissions rate
100%
SAT average
1,072
9. Presentation College
Aberdeen, SD • Private
Admissions rate
97%
SAT average
1,050
10. Oregon Institute of Technology
Klamath Falls, OR • Private
Admissions rate
96%
SAT average
1,139
Average underwriting manager salary by education level
| Underwriting manager education level | Underwriting manager salary |
|---|---|
| Master's Degree | $101,570 |
| High School Diploma or Less | $67,460 |
| Bachelor's Degree | $86,704 |
| Doctorate Degree | $107,635 |
| Some College/ Associate Degree | $67,450 |
Underwriting manager education FAQs
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Updated January 8, 2025
Updated January 8, 2025