Assistant Underwriter Jobs
Assistant Underwriter jobs are open across insurance carriers, banks, mortgage lenders, and specialty finance firms, from entry-level to senior associate, with specializations in commercial lines, personal lines, and surety. Scan the live roles below and apply to whichever ones fit.
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Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (“WM”), and Asset Management. The WM network includes almost 16,000 Financial Advisors and Private Wealth Advisors - one of the world’s largest networks of Financial Advisors (“FAs”). MS has expanded its suite of world-class banking and lending products exclusively for FAs and their clients. In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley has enhanced its lending, mortgage, cash management and deposit capabilities. By combining our lending financial services business with private banking products built specifically to service the needs of Financial Advisors and their clients, we can tailor banking and lending solutions to client needs.
We are seeking a high potential Lending Transactor (“LT”) to help grow our Ultra High Net Worth (“UHNW”) Lending team serving UHNW clients (generally clients with a minimum net worth of at least $50 million). The LT support and collaborate with the UHNW Senior Lending Transactors (“SLTs”) throughout the US.
Position Summary
- Position Goal is to support the SLTs in delivering the UHNW Lending product platform, including Tailored Lending. The Position will have a specific focus on originating Life Insurance as Collateral, and Securities Based Lending facilities on both the Bank and Broker Dealer platforms.
- Responsibilities will include assisting the SLTs with the following:
a) Pursuing UHNW Lending opportunities, which will include: i) evaluating the Borrower; ii) valuation of the underlying collateral; and iii) determining if the opportunity aligns with one of the approved UHNW Lending programs.
b) Underwriting transactions, which is comprised of:
- Performing the appropriate level of due diligence, including evaluating appropriate financial and non-financial information to perform opportunity assessments, as defined in (a) above.
- Identify key risks and mitigants related to the opportunity and propose potential structural protections and other terms and conditions that may mitigate such risk.
- Prepare and/or assist the SLT with the preparation of credit memoranda clearly outlining transactions, purpose, strengths, risks and mitigants, financial/collateral analysis and other key terms and conditions required to support the SLT’s recommendation to move forward with the opportunity.
c) Draft and negotiate Bank Letters of Interest (LOIs) under the guidance of the SLT.
d) Assist the SLT in efficiently managing the transaction cycle through final credit approval, documentation, closing and initial funding of the transaction ensuring timely coordination with all parties involved including Credit Risk Management ("CRM”) team, FA, Private Bankers (“PBs”), Loan Operations, Compliance, In-house Counsel and any other party who is, or should be, involved in the specific transaction.
e) Meeting with clients and prospects in coordination with SLTs to develop/enhance client/prospect relationships and identify potential product opportunities.
f) In coordination with the SLT, meet with branch and complex teams to heighten product awareness and train front-end sales on identifying potential product opportunities.
Experience
- Bachelor’s Degree required; Advanced degree preferred
- Minimum 5 years experience in lending origination and credit analysis, Private Banking Lending experience is a plus
- Formal credit training preferred
Skills/Abilities
- Strong oral and written communication/presentation skills with the ability to articulate your assessment in a clear and professional manner
- Maintain poise and presence coupled with exceptional interpersonal skills to build relationships with sophisticated UHNW clients and their advisors
- Demonstrate creativity and intelligent solutions in structuring sophisticated client transactions
- Balance revenue expectations with risk requirements of firm to ensure client and firm’s interests are met
- Detail orientation with exceptional analytical skills
- Significant accounting and finance knowledge
- Ability to meet deadlines and manage Financial Advisor and client expectations
- Ability to multi-task
- Good collaboration skills in a team-oriented environment
- Travel may be required
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .
Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (“WM”), and Asset Management. The WM network includes almost 16,000 Financial Advisors and Private Wealth Advisors - one of the world’s largest networks of Financial Advisors (“FAs”). MS has expanded its suite of world-class banking and lending products exclusively for FAs and their clients. In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley has enhanced its lending, mortgage, cash management and deposit capabilities. By combining our lending financial services business with private banking products built specifically to service the needs of Financial Advisors and their clients, we can tailor banking and lending solutions to client needs.
We are seeking a high potential Lending Transactor (“LT”) to help grow our Ultra High Net Worth (“UHNW”) Lending team serving UHNW clients (generally clients with a minimum net worth of at least $50 million). The LT support and collaborate with the UHNW Senior Lending Transactors (“SLTs”) throughout the US.
Position Summary
- Position Goal is to support the SLTs in delivering the UHNW Lending product platform, including Tailored Lending. The Position will have a specific focus on originating Life Insurance as Collateral, and Securities Based Lending facilities on both the Bank and Broker Dealer platforms.
- Responsibilities will include assisting the SLTs with the following:
a) Pursuing UHNW Lending opportunities, which will include: i) evaluating the Borrower; ii) valuation of the underlying collateral; and iii) determining if the opportunity aligns with one of the approved UHNW Lending programs.
b) Underwriting transactions, which is comprised of:
- Performing the appropriate level of due diligence, including evaluating appropriate financial and non-financial information to perform opportunity assessments, as defined in (a) above.
- Identify key risks and mitigants related to the opportunity and propose potential structural protections and other terms and conditions that may mitigate such risk.
- Prepare and/or assist the SLT with the preparation of credit memoranda clearly outlining transactions, purpose, strengths, risks and mitigants, financial/collateral analysis and other key terms and conditions required to support the SLT’s recommendation to move forward with the opportunity.
c) Draft and negotiate Bank Letters of Interest (LOIs) under the guidance of the SLT.
d) Assist the SLT in efficiently managing the transaction cycle through final credit approval, documentation, closing and initial funding of the transaction ensuring timely coordination with all parties involved including Credit Risk Management ("CRM”) team, FA, Private Bankers (“PBs”), Loan Operations, Compliance, In-house Counsel and any other party who is, or should be, involved in the specific transaction.
e) Meeting with clients and prospects in coordination with SLTs to develop/enhance client/prospect relationships and identify potential product opportunities.
f) In coordination with the SLT, meet with branch and complex teams to heighten product awareness and train front-end sales on identifying potential product opportunities.
Experience
- Bachelor’s Degree required; Advanced degree preferred
- Minimum 5 years experience in lending origination and credit analysis, Private Banking Lending experience is a plus
- Formal credit training preferred
Skills/Abilities
- Strong oral and written communication/presentation skills with the ability to articulate your assessment in a clear and professional manner
- Maintain poise and presence coupled with exceptional interpersonal skills to build relationships with sophisticated UHNW clients and their advisors
- Demonstrate creativity and intelligent solutions in structuring sophisticated client transactions
- Balance revenue expectations with risk requirements of firm to ensure client and firm’s interests are met
- Detail orientation with exceptional analytical skills
- Significant accounting and finance knowledge
- Ability to meet deadlines and manage Financial Advisor and client expectations
- Ability to multi-task
- Good collaboration skills in a team-oriented environment
- Travel may be required
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .
See All 31 Assistant Underwriter Jobs
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Find Assistant Underwriter JobsAssistant Underwriter Job Market
Who's Hiring
Top Industries Hiring
- Insurance
What Employers Look For
The qualifications that appear most often in assistant underwriter jobs.
- Bachelor's degree in business, finance, risk management, or a related field
- Familiarity with underwriting guidelines and risk evaluation principles
- Proficiency in Microsoft Excel for exposure analysis and account pricing
- Progress toward or completion of AU, CPCU, or similar industry designation
- Experience reviewing insurance submissions, applications, or policy documents
- Strong written communication skills for underwriting decisions and coverage correspondence
Tips for Your Assistant Underwriter Job Search
Tailor your resume to underwriting tools
Hiring managers for assistant underwriter roles scan for experience with rating platforms and risk analysis software. Name the specific systems you've used, whether that's commercial lines rating tools, policy management platforms, or reinsurance databases, rather than listing generic software skills.
Highlight your CPCU or AU progress
Even partial progress toward the Chartered Property Casualty Underwriter or Associate in Underwriting designation signals commitment. List completed courses or exams on your resume because many employers filter candidates by designation coursework before the first interview.
Apply early to roles that fit
Migrate Mate lists assistant underwriter openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Filter openings by line of business
Commercial, personal, and specialty lines require noticeably different technical knowledge. When you search for assistant underwriter openings, narrow by the line of business that matches your background so your application speaks directly to what that underwriting team handles day to day.
Prepare for case-based risk scenarios
Most assistant underwriter interviews include a submission or account scenario where you walk through how you'd assess and price a risk. Practice explaining your reasoning out loud, covering exposure factors, loss history, and coverage recommendations, before your first round.
Follow up after submitting a quote sample
If a recruiter or hiring manager requests a sample worksheet or underwriting exercise, send a brief note two or three business days after submitting it. Reference one specific decision you made in the exercise to reinforce your analytical approach and keep the conversation moving.
Assistant Underwriter Jobs: Frequently Asked Questions
Which companies are hiring the most assistant underwriters?
The companies hiring the most assistant underwriters right now include Bass Underwriters, eWheelz, and Citi, with the largest share of openings in Florida, New York, and Nebraska, based on current listings on Migrate Mate as of November 2026. Regional carriers and specialty insurers also post frequently, so checking listings regularly gives you a wider view of active demand.
How many assistant underwriter jobs are remote?
About 55% of assistant underwriter openings are fully remote or hybrid as of November 2026, though availability varies by employer size and line of business. Personal lines and commercial support roles tend to offer more remote flexibility than specialty or complex commercial lines positions, which often require closer collaboration with senior underwriters.
How do you become an assistant underwriter?
Start by earning a bachelor's degree in business, finance, or risk management, then apply to entry-level underwriting assistant or analyst roles at an insurance carrier or managing general agent. Build technical knowledge by working through industry designation coursework such as the Associate in Underwriting program. Consistent exposure to submissions, pricing tools, and coverage decisions is what moves you from support work into a full assistant underwriter role.
Can you get hired as an assistant underwriter with little experience?
Yes, many carriers hire candidates with limited direct experience if they demonstrate strong analytical ability, attention to detail, and familiarity with insurance fundamentals. Internships with carriers or brokers, relevant coursework in risk management, and even customer-facing roles in financial services can serve as credible stepping stones. Emphasize any exposure you have to reviewing documents, evaluating data, or making structured decisions in your application materials.
What does the assistant underwriter interview process look like?
Most assistant underwriter interviews involve a phone screen focused on your background and interest in underwriting, followed by one or two rounds with the underwriting team. You should expect behavioral questions about how you handle ambiguous risk information, along with a practical exercise where you review a sample submission and explain how you'd approach the account. Some employers add a technical component covering coverage basics or pricing logic.
Where can I find and apply to assistant underwriter jobs?
You can find and apply to assistant underwriter jobs on Migrate Mate, which lists current openings from across the United States. Search for roles that match your line of business background and experience level, then apply directly to each listing that fits your goals.
See All 31 Assistant Underwriter Jobs
Find roles that match your experience and apply in just a few clicks.
Find Assistant Underwriter Jobs