Underwriter Jobs in Virginia
Underwriter jobs in Virginia are concentrated in insurance carriers, financial services firms, and government-adjacent contractors, with demand at every level from entry-level commercial lines analyst through senior mortgage and specialty underwriter. Northern Virginia, Richmond, and Norfolk anchor most of the hiring, where companies like Freddie Mac, Capital One, and USAA have long-standing operations that generate consistent underwriting demand. The most sought-after specialties are mortgage underwriting, commercial property and casualty, and government contract risk assessment. Find a role that fits below and apply directly.
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Showing 5 of 16+ Underwriter jobs
CRE Underwriter
VA Office
The primary role of the CRE Underwriter position is to support business development officers in the underwriting process for current and prospective Commercial Real Estate, HOA, and Co-op lending transactions.
1. The candidate will be responsible for analysis and underwriting of current and prospective Commercial Real Estate, HOA, and Co-op lending transactions. The CRE Underwriter works closely with loan origination and external deal partners for the purposes of prospecting new transactions and analyzing the credit quality of prospective and current business. Analysis includes preparing and reviewing a spreadsheet of historical financial data, evaluating impact of new debt on current cash flow, sensitizing projections for worst case scenarios, and identifying policy exceptions. In addition to financial review, a collateral and industry assessment is included in a written presentation, which also summarizes strengths and weaknesses of credit and a recommendation to decline or approve the request. 80%
2. Provide portfolio and industry analysis as necessary for portfolio and prospective new business. Stay abreast of market conditions and other changes that impact the conduit line of business using the Internet and other research tools. Perform periodical reviews of existing loan relationships of the Bank. Assist with routine maintenance of credit files and Bank systems including financial tracking system. 10%
3. Special Projects/Other: Assist in completing annual reviews of the commercial portfolio. Perform other duties as assigned 10%
Education:
BA/BS in finance, real estate finance, or related field.
Minimum Qualifications Include:
A. 3-5 years of commercial real estate and finance
B. Proficiency in business writing skills and strong communication skills.
C. Attention to detail and analytically minded.
D. Proficient computer skills (Excel skills are a must)
Work Environment:
Hybrid – Employees will work from both remote and onsite locations. Employees must live within a reasonable commuting distance of the office and are required to be onsite at least two (2) days per week, specifically on Tuesdays and Wednesdays. Certain positions or business needs may require additional in-office days.
AA/EOE
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
CRE Underwriter
VA Office
The primary role of the CRE Underwriter position is to support business development officers in the underwriting process for current and prospective Commercial Real Estate, HOA, and Co-op lending transactions.
1. The candidate will be responsible for analysis and underwriting of current and prospective Commercial Real Estate, HOA, and Co-op lending transactions. The CRE Underwriter works closely with loan origination and external deal partners for the purposes of prospecting new transactions and analyzing the credit quality of prospective and current business. Analysis includes preparing and reviewing a spreadsheet of historical financial data, evaluating impact of new debt on current cash flow, sensitizing projections for worst case scenarios, and identifying policy exceptions. In addition to financial review, a collateral and industry assessment is included in a written presentation, which also summarizes strengths and weaknesses of credit and a recommendation to decline or approve the request. 80%
2. Provide portfolio and industry analysis as necessary for portfolio and prospective new business. Stay abreast of market conditions and other changes that impact the conduit line of business using the Internet and other research tools. Perform periodical reviews of existing loan relationships of the Bank. Assist with routine maintenance of credit files and Bank systems including financial tracking system. 10%
3. Special Projects/Other: Assist in completing annual reviews of the commercial portfolio. Perform other duties as assigned 10%
Education:
BA/BS in finance, real estate finance, or related field.
Minimum Qualifications Include:
A. 3-5 years of commercial real estate and finance
B. Proficiency in business writing skills and strong communication skills.
C. Attention to detail and analytically minded.
D. Proficient computer skills (Excel skills are a must)
Work Environment:
Hybrid – Employees will work from both remote and onsite locations. Employees must live within a reasonable commuting distance of the office and are required to be onsite at least two (2) days per week, specifically on Tuesdays and Wednesdays. Certain positions or business needs may require additional in-office days.
AA/EOE
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
See All 16 Underwriter Jobs in Virginia
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Find Underwriter JobsUnderwriter Jobs by City in Virginia
Where Virginia roles are concentrated, by current openings.
Underwriter Job Market in Virginia
A snapshot from current Virginia openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Staffing & Recruiting
- Insurance
What Virginia Employers Look For
The qualifications that appear most often in underwriter jobs across Virginia.
- Active or reciprocal Virginia property and casualty or life and health insurance license where required by role
- Bachelor's degree in finance, business, economics, or a related field
- Proficiency with underwriting software platforms and loan origination or policy management systems
- Two or more years of experience in commercial, mortgage, or personal lines underwriting
- Strong analytical and risk assessment skills applied to financial statements or insurance applications
- CPCU, AU, CUW, or comparable professional designation preferred for senior positions
Underwriter Jobs in Virginia: Frequently Asked Questions
How do you become a underwriter in Virginia?
To become an underwriter in Virginia, you typically need a bachelor's degree in finance, business, or economics, and for insurance underwriting roles you must hold a Virginia insurance license issued through the State Corporation Commission Bureau of Insurance. Most candidates sit for property and casualty or life and health lines exams before applying. Mortgage underwriters often pursue NMLS registration. Professional designations like the CPCU or CUW strengthen your candidacy for advancement.
How much do underwriters make in Virginia?
Underwriters in Virginia earn a median of about $81,870 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $61,940 for the lowest 10% to over $130,120 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire underwriters in Virginia?
Employers hiring underwriters in Virginia right now include Jobot, Capital One, and Liberty Mutual Insurance, based on current listings on Migrate Mate as of November 2026. Virginia's mix of federal government contractors, large financial institutions, and established insurance carriers means underwriting openings appear across multiple sectors beyond traditional insurance.
Which Virginia cities have the most underwriter jobs?
Richmond, McLean, and Fairfax have the most underwriter openings in Virginia. Northern Virginia's concentration of financial services firms and government-backed mortgage entities like Freddie Mac drives volume there, while Richmond's headquarters cluster for insurance carriers and banks sustains steady demand, and Norfolk benefits from military and maritime risk operations tied to its large defense and port presence.
Are there remote underwriter jobs in Virginia?
Yes, and more than most fields. Underwriting is a desk-based analytical role that translates well to remote work, and about 100% of underwriter openings tied to Virginia are remote or hybrid as of November 2026. Mortgage underwriting and commercial lines analysis tend to be the most remote-friendly specialties, while roles that involve direct client or broker relationship management are more likely to require some in-office presence.
How can I get hired as a underwriter in Virginia with little or no experience?
The most realistic entry path is an underwriting assistant or junior analyst role at an insurance carrier or regional bank in Richmond or Northern Virginia. Large Virginia-based operations like Freddie Mac and USAA run structured associate and rotational programs for candidates without direct underwriting experience. Moving laterally from loan processing, claims analysis, or financial analysis is common and well-recognized by Virginia hiring managers. Obtaining your Virginia insurance license or NMLS registration before applying gives you a concrete edge over other entry-level candidates.
Where can I find and apply to underwriter jobs in Virginia?
You can find and apply to underwriter jobs in Virginia on Migrate Mate, which lists current Virginia openings across insurance, mortgage, and financial services sectors. Search the listings, find roles that match your experience and specialty, and apply directly to the ones that fit.
See All 16 Underwriter Jobs in Virginia
Find roles in Virginia that match your experience and apply in just a few clicks.
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