Underwriting Analyst Jobs
Underwriting Analyst jobs are open across insurance, banking, mortgage lending, and specialty finance, from entry-level analyst to senior and lead, with specializations in commercial lines, personal lines, and credit risk. Find a role that fits from the openings below and apply directly.
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Showing 5 of 73+ Underwriting Analyst jobs
Location:
127 Public Square, Cleveland Ohio
The Analyst will be a member of the FHA Healthcare Underwriting Team and will collaborate internally and externally to analyze and underwrite FHA Lean Applications.
ESSENTIAL JOB FUNCTIONS
The Analyst will provide high level qualitative and quantitative analysis of FHA Healthcare transactions. The position will collaborate and support the LEAN Underwriters, closers, and originators for the FHA Healthcare group within CMG. The Analyst will prepare deliverables in Excel, Word and Power Point for various purposes, including financial analysis, narrative summaries, corporate reviews, and organizational charts. The Financial Analyst will
- Actively contribute your unique talents, ideas and market intelligence in support of the team's strategy and complement the strengths of your teammates to achieve the team's financial goal.
- Pursue and develop internal and external relationships to facilitate effective real estate transactions and support the line of business strategy.
- Consistently follow established process and procedures for underwriting real estate transactions to ensure an efficient, diligent and methodical process.
- Work with underwriters, senior underwriters and originators to analyze deals and determine whether they appear financially feasible under HUD rules prior to formal client application submission.
- Collect and organize exhibits for pre-application and firm application packages to submit for HUD/FHA review. Complete HUD forms for pre-application and application submissions.
- Be the driver of transactions you analyze and process to ensure they are completed in a timely manner. Consistently identify and assess transaction risks and appropriately document in accordance with credit approval and elevate any issues which appear to be deviating from such to assist in properly managing portfolio risks.
- Maintain a productive relationship with all partners characterized by collaborative approach and full and timely disclosure of transaction risks ensuring open communication among all team members.
- Complete all compliance requirements related to each transaction to minimize risk.
MARGINAL OR PERIPHERAL FUNCTIONS
The Analyst will provide industry, market, business, and quantitative analysis support. This will include performing ad-hoc strategic and financial reporting. The Analyst is expected to have a continuous improvement mindset and would be empowered to recommend efficiencies for change. The Analyst will work on special projects as assigned.
Please note: This is an on-site position and not eligible for remote or virtual work. The candidate will be required to work from a KeyBank office in Cleveland, OH, Columbus, OH, or Dallas, TX.
REQUIRED QUALIFICATIONS
- Bachelor’s degree required in finance, accounting, business administration, economics, or Real Estate.
- 2+ years of experience in finance, accounting, real estate, investment banking or consulting including Real Estate Finance.
- Demonstrated high proficiency in Excel and PowerPoint; experience with complex spreadsheets.
- Strong quantitative and analytical skills and the ability to interpret financial data from multiple computer systems.
- Ability to synthesize and analyze large amounts of data and communicate relevant findings.
- Demonstrated analytical approach to problem solving with a high attention to detail.
- Ability to work in a fast-paced environment with a sense of urgency.
- Proactive and goal-oriented, with the ability to work independently.
- Strong organizational skills – ability to handle multiple tasks simultaneously.
- Consultative, service-oriented mindset.
- Outstanding oral communication, written, and presentation skills.
PREFERRED QUALIFICATIONS
- MBA
- Proficiency in business intelligence tools a plus
- Previous working experience in the commercial real estate permanent lending industry specific experience working with CMBS, Life Insurance lending programs, Fannie Mae DUS, Freddie Mac Program, FHA a plus.
EQUIPMENT USED
Standard office equipment (PC, copier, scanner, financial calculator)
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $69,000.00 - $105,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 07/10/2026
KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
LI-Hybrid
Location:
127 Public Square, Cleveland Ohio
The Analyst will be a member of the FHA Healthcare Underwriting Team and will collaborate internally and externally to analyze and underwrite FHA Lean Applications.
ESSENTIAL JOB FUNCTIONS
The Analyst will provide high level qualitative and quantitative analysis of FHA Healthcare transactions. The position will collaborate and support the LEAN Underwriters, closers, and originators for the FHA Healthcare group within CMG. The Analyst will prepare deliverables in Excel, Word and Power Point for various purposes, including financial analysis, narrative summaries, corporate reviews, and organizational charts. The Financial Analyst will
- Actively contribute your unique talents, ideas and market intelligence in support of the team's strategy and complement the strengths of your teammates to achieve the team's financial goal.
- Pursue and develop internal and external relationships to facilitate effective real estate transactions and support the line of business strategy.
- Consistently follow established process and procedures for underwriting real estate transactions to ensure an efficient, diligent and methodical process.
- Work with underwriters, senior underwriters and originators to analyze deals and determine whether they appear financially feasible under HUD rules prior to formal client application submission.
- Collect and organize exhibits for pre-application and firm application packages to submit for HUD/FHA review. Complete HUD forms for pre-application and application submissions.
- Be the driver of transactions you analyze and process to ensure they are completed in a timely manner. Consistently identify and assess transaction risks and appropriately document in accordance with credit approval and elevate any issues which appear to be deviating from such to assist in properly managing portfolio risks.
- Maintain a productive relationship with all partners characterized by collaborative approach and full and timely disclosure of transaction risks ensuring open communication among all team members.
- Complete all compliance requirements related to each transaction to minimize risk.
MARGINAL OR PERIPHERAL FUNCTIONS
The Analyst will provide industry, market, business, and quantitative analysis support. This will include performing ad-hoc strategic and financial reporting. The Analyst is expected to have a continuous improvement mindset and would be empowered to recommend efficiencies for change. The Analyst will work on special projects as assigned.
Please note: This is an on-site position and not eligible for remote or virtual work. The candidate will be required to work from a KeyBank office in Cleveland, OH, Columbus, OH, or Dallas, TX.
REQUIRED QUALIFICATIONS
- Bachelor’s degree required in finance, accounting, business administration, economics, or Real Estate.
- 2+ years of experience in finance, accounting, real estate, investment banking or consulting including Real Estate Finance.
- Demonstrated high proficiency in Excel and PowerPoint; experience with complex spreadsheets.
- Strong quantitative and analytical skills and the ability to interpret financial data from multiple computer systems.
- Ability to synthesize and analyze large amounts of data and communicate relevant findings.
- Demonstrated analytical approach to problem solving with a high attention to detail.
- Ability to work in a fast-paced environment with a sense of urgency.
- Proactive and goal-oriented, with the ability to work independently.
- Strong organizational skills – ability to handle multiple tasks simultaneously.
- Consultative, service-oriented mindset.
- Outstanding oral communication, written, and presentation skills.
PREFERRED QUALIFICATIONS
- MBA
- Proficiency in business intelligence tools a plus
- Previous working experience in the commercial real estate permanent lending industry specific experience working with CMBS, Life Insurance lending programs, Fannie Mae DUS, Freddie Mac Program, FHA a plus.
EQUIPMENT USED
Standard office equipment (PC, copier, scanner, financial calculator)
COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $69,000.00 - $105,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 07/10/2026
KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
LI-Hybrid
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Find Underwriting Analyst JobsUnderwriting Analyst Job Market
A snapshot from current openings nationwide, updated as new roles post.
Who's Hiring
- CVS Health37
- Berkadia3
- CNA Insurance2
- Citi2
- Continental Casualty2
Top Industries Hiring
- Healthcare & Medical Services37
- Insurance20
- Banking & Financial Services11
- Investment & Asset Management3
- Construction & Real Estate2
What Employers Look For
The qualifications that appear most often in underwriting analyst jobs.
- Bachelor's degree in finance, business, economics, or a related field
- Experience reviewing and evaluating insurance or credit applications
- Proficiency in underwriting platforms such as Guidewire, Duck Creek, or Majesco
- Strong knowledge of risk assessment principles and underwriting guidelines
- CPCU, AU, or other industry certification preferred for mid-level and senior roles
- Ability to analyze financial statements, credit reports, and loss history data
Tips for Your Underwriting Analyst Job Search
Quantify your underwriting decisions on your resume
Hiring managers want to see the volume and complexity of files you've reviewed, not just that you reviewed them. Call out the number of applications you assessed per month, approval rates you influenced, and any loss ratio improvements tied to your work.
List every underwriting platform you've used
Employers screen resumes for tools like Majesco, Duck Creek, Guidewire, or proprietary systems. Name each one explicitly in a skills section rather than burying them in job descriptions, so applicant tracking systems flag your resume as a match.
Target openings that match your line of business
Personal lines, commercial lines, and specialty products require different underwriting logic. Filter your search by line of business so you're applying to roles where your existing book knowledge transfers directly, not roles that require relearning an entirely different risk framework.
Apply early to roles that fit
Migrate Mate lists underwriting analyst openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Prepare a file review walkthrough for interviews
Many underwriting analyst interviews include a case study where you assess a sample application and justify an accept, decline, or referral decision. Practice explaining your reasoning out loud, including which risk factors drove your decision and what additional documentation you'd request.
Negotiate using actuarial benchmarks, not market surveys
When discussing compensation, anchor your ask to the complexity of the book you'd manage and the loss ratios you've maintained. Underwriting teams respond better to risk-adjusted framing than to generic salary comparisons pulled from job aggregators.
Underwriting Analyst Jobs: Frequently Asked Questions
Which companies are hiring the most underwriting analysts?
The companies hiring the most underwriting analysts right now include CVS Health, Berkadia, and CNA Insurance, with the largest share of openings in Texas, Illinois, and New York, based on current listings on Migrate Mate as of June 2026. Insurance carriers, regional banks, and specialty finance firms consistently post the highest volume of openings.
How many underwriting analyst jobs are remote?
About 14% of underwriting analyst openings are fully remote or hybrid as of June 2026, with remote availability varying by employer size and line of business. Personal lines and mortgage underwriting roles tend to offer the most remote flexibility, while complex commercial and specialty lines positions are more likely to require in-office review of physical files or client-facing collaboration.
How do you become an underwriting analyst?
Start with a bachelor's degree in finance, business, economics, or a related field, then apply for entry-level underwriting assistant or trainee roles where carriers provide on-the-job training in their specific guidelines. As you build file review experience, pursue an industry certification such as the Associate in Underwriting to move into analyst-level positions. Specializing in a line of business early, whether personal lines, commercial, or mortgage, helps you advance faster.
Can you get hired as an underwriting analyst with little experience?
Yes, many carriers hire candidates with no direct underwriting experience if you can demonstrate analytical ability and attention to detail. Internships at insurance companies, banking experience in loan processing, or coursework in risk management all transfer well. Highlight any work involving data review, financial analysis, or decision-making under defined criteria. Entry-level roles are often structured as training programs, so employers expect to teach you their specific guidelines.
What does the underwriting analyst interview process look like?
Most underwriting analyst interviews involve an initial phone screen focused on your analytical background, followed by a technical interview where you walk through how you'd evaluate a sample application or risk scenario. A case study or take-home exercise is common, asking you to assess a file and recommend an approval, declination, or referral with written justification. Final rounds typically include a panel with a senior underwriter or team lead who will probe your risk reasoning and familiarity with the employer's line of business.
Where can I find and apply to underwriting analyst jobs?
You can find and apply to underwriting analyst jobs on Migrate Mate, which lists current openings from across the United States. Find roles that match your line of business, experience level, and location preference, then apply directly to each listing without leaving the platform.
See All 73+ Underwriting Analyst Jobs
Jump back to the full list of openings and apply to any underwriting analyst role that fits.
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