Entry Level Underwriting Technician Jobs
New grad underwriting technician jobs welcome recent graduates and entry level candidates with zero to two years of experience, where strong internship work or coursework in insurance or risk analysis can matter more than a long resume. Most openings are on-site roles across Insurance and Banking & Financial Services, with employers like New York Life, The Hartford, and Alliant Insurance Services hiring at this level now.
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Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.We're seeking a Credit Analyst to support the Portfolio Management team in our Power & Utilities vertical, which includes regulated electric and gas utilities, independent power producers, project developers and renewable energy holdings companies.
The Analyst will be a corporate finance professional, supporting investment grade & non-investment grade, leverage finance, and sponsor-based clients across the Power & Utilities vertical lending business. The position involves the critical functions of assessing risk factors associated with a credit and determining the appropriate rating based on established policies and guidelines. Responsibilities will include supporting the active credit management of a designated portfolio utilizing solid credit and analytical skills. Provide continuous oversight of portfolio names, monitoring for potential upgrading, downgrading & credit deterioration with the goal of maximizing net income and reducing credit costs.
Responsibilities:
- Support the management of the Power & Utilities industry vertical corporate loan portfolio
- Perform due diligence and regularly scheduled evaluation of loan portfolio
- Support preparation of detailed credit analyses and required credit application according to policy, including evaluation of corporate, regulatory and industry risk, historical operating performance, projected operating performance and capital structure
- Modeling skills required for both credit application process and quarterly credit watch presentations
- Responsible for the coordination and communication of account information across various constituencies throughout the organization
- Responsible for knowledge of country/risk factors on a macro level
- Responsible for knowledge of the Power & Utilities industry and all current events in assigned portfolio utilizing internal and external sources
- Oversight of covenants compliance database and facility closing due diligence, including documentation
- Attend Relationship Manager customer meetings, when appropriate Special projects, as assigned
Advanced Credit/Underwriting Solutions:
- Work within deal team environment (with Global Relationship Management, Syndications & MUFG Securities) supporting Senior Portfolio Managers (PMs) in the development and analysis of financing structures/strategies to support/identify capital markets and corporate liability management opportunities
- Prescreen proposed transactions to identify critical structural issues and risks, balancing institutional policy with business development needs
- Understand and maintain base industry knowledge of industries represented in portfolio, including technical aspects, regulatory issues and unique credit product activity Participate in client and bank meetings as necessary
Policy and Deal Advocacy:
- Supporting the Senior PM, communicate and negotiate with credit division for transaction approval, including final hold level strategies to ensure alignment of risk strategy and policy
- Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level Ensure compliance with policy and regulatory requirements
Requirements:
- A Bachelor's degree, with an MBA, CPA, or CFA Level 1, 2 or 3 is preferred
- A minimum of 1 year of experience in a related role
- Understanding of the power and utility sector, ESG trends or other related work experience is preferred
- Solid credit & analytical background
- Strong financial spreading/modeling skills
- Completion of formal credit-training program at a money center bank is preferred
- Strong written, verbal and interpersonal skills
- Proficient computer skills in Microsoft Word, Excel, and PowerPoint Able to work independently and under pressure
The typical base pay range for this role is between $100K to $110K depending on job-related knowledge, skills, experience and location. This role will be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.
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Top Industries Hiring
- Insurance
- Banking & Financial Services
Entry Level Underwriting Technician Jobs: Frequently Asked Questions
How do I get an entry level underwriting technician job?
Start by building familiarity with insurance principles, policy documentation, and risk assessment basics through coursework, certifications like the CPCU Associate designation, or college internships. Entry level employers at this stage look for attention to detail, comfort with data entry and spreadsheets, and an understanding of underwriting workflows. A well-organized internship or co-op experience demonstrating policy processing or claims support gives candidates a clear edge over those with only general office backgrounds.
Which companies hire entry level underwriting technicians?
Companies hiring entry level underwriting technicians right now include New York Life, The Hartford, and Alliant Insurance Services, based on current listings on Migrate Mate as of November 2026. At this experience level, the strongest hiring activity tends to come from regional insurers, national carriers, and insurance brokerage firms that maintain structured training programs for new and junior support staff.
Are there remote entry level underwriting technician jobs?
Yes, though most openings at this level are on-site or hybrid rather than fully remote. About 86% of entry level underwriting technician openings are remote or hybrid as of November 2026, reflecting employer preferences for in-office onboarding and hands-on training for junior candidates still developing foundational underwriting and documentation skills.
Are these new grad underwriting technician jobs?
Yes, these listings include new grad, recent graduate, and junior underwriting technician roles. A posting is new-grad friendly when it explicitly welcomes zero to two years of experience, accepts internships or co-op work in lieu of full-time history, or values coursework in insurance, finance, or risk management alongside a portfolio of relevant academic or practicum projects.
Which industries hire the most entry level underwriting technicians?
Entry Level underwriting technician roles concentrate in Insurance and Banking & Financial Services, based on current listings on Migrate Mate as of November 2026. These sectors drive junior hiring because they maintain large underwriting departments that rely on technicians to handle policy documentation, data verification, and administrative support as foundational functions within the underwriting process.