Director of Underwriting Jobs in USA with Visa Sponsorship
Director of Underwriting roles qualify as specialty occupations under H-1B visa, requiring a bachelor's degree in finance, actuarial science, or a related field. Employers in insurance, banking, and reinsurance have active LCA filing histories, making sponsorship a realistic path for qualified candidates with senior-level underwriting credentials.
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Get Access To All JobsINTRODUCTION
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.
FSS Overview: Are you ready to be a pivotal force in Advancing Health Outcomes For All®? Join the Financial Services and Solutions (FSS) organization, where our focus is being a strategic business partner who creates value, provides efficiency, and ensures compliance for McKesson. In FSS, you'll gain exposure to all McKesson businesses while growing as a finance professional and fostering collaborative relationships with internal and external customers. Our high employee engagement scores reflect a vibrant and diverse workplace where your contributions have a tangible impact on the enterprise. If you're passionate about making a real difference and want to be part of a dedicated team that values professional growth, FSS is the place for you. Join us and energize your career with endless opportunities!
This is a strategic leadership position within the Credit and Collections organization responsible for developing, adapting, and executing the enterprise credit underwriting strategy in alignment with Enterprise Credit objectives.
The Director provides governance and leadership across credit assessment, approval, portfolio risk management, technology enablement, and talent development. This position partners with senior leaders across Business Unit Finance, Sales, Legal, Pricing, Collections, and Enterprise Credit to balance customer growth, financial risk, operational efficiency, and policy compliance.
Key Responsibilities:
Credit Underwriting Activities
- Own the underwriting operating model, governance, service levels, and quality standards
- Establish enterprise KPIs, risk indicators, capacity models, and executive reporting
- Sponsor and lead technology, automation, analytics, and workflow transformation
- Establish and maintain credit underwriting standards, methodologies, risk-rating criteria, documentation requirements, and approval controls
- Ensure consistent application of credit policy across business units, customer segments, and credit-review teams
- Provide leadership and recommendations for complex, strategic, or high-exposure credit decisions
- Monitor portfolio trends, concentrations, emerging risks, policy exceptions, and underwriting quality
- Define escalation protocols for significant credit deterioration, policy exceptions, and approval disputes
Continuous Process Improvement
- Translate market, customer, and industry trends into underwriting strategy
- Own the strategic roadmap for digitizing and modernizing credit underwriting, including workflow automation, credit scoring, data integration, reporting, and decision-support capabilities
- Partner with Enterprise Credit leadership to recommend changes to credit policy, risk appetite, and delegated authority
MINIMUM JOB QUALIFICATIONS (Knowledge, Skills, & Abilities):
Business Experience
- Minimum of 12 years of progressive experience in credit, finance, accounting, or related financial risk management, including at least 4 years of management experience
- Demonstrated experience leading enterprise or cross-functional transformation
- Experience establishing credit policy, underwriting standards, risk governance, or portfolio-management practices
- Demonstrated ability to advise and influence senior executives on material financial and credit-risk decisions
- Experience managing complex or high-exposure commercial credit portfolios
- Strong executive communication and presentation skills
Education
- Bachelor’s degree required; MBA, CPA, CFA, or similar advanced qualification preferred
Working Conditions
Environment (Office, warehouse, etc.) –
-
Traditional office environment
-
Travel 10%
Physical Requirements (Lifting, standing, etc.) –
- Large percent of time performing computer-based work is required
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson,
Our Base Pay Range for this position
$116,600 - $194,300
McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:
McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
McKesson job postings are posted on our career site: careers.mckesson.com.
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) Disability_Accommodation@McKesson.com or (Canada) Accessibility@mckesson.ca. Resumes or CVs submitted to this email box will not be accepted.
Join us at McKesson!
INTRODUCTION
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.
FSS Overview: Are you ready to be a pivotal force in Advancing Health Outcomes For All®? Join the Financial Services and Solutions (FSS) organization, where our focus is being a strategic business partner who creates value, provides efficiency, and ensures compliance for McKesson. In FSS, you'll gain exposure to all McKesson businesses while growing as a finance professional and fostering collaborative relationships with internal and external customers. Our high employee engagement scores reflect a vibrant and diverse workplace where your contributions have a tangible impact on the enterprise. If you're passionate about making a real difference and want to be part of a dedicated team that values professional growth, FSS is the place for you. Join us and energize your career with endless opportunities!
This is a strategic leadership position within the Credit and Collections organization responsible for developing, adapting, and executing the enterprise credit underwriting strategy in alignment with Enterprise Credit objectives.
The Director provides governance and leadership across credit assessment, approval, portfolio risk management, technology enablement, and talent development. This position partners with senior leaders across Business Unit Finance, Sales, Legal, Pricing, Collections, and Enterprise Credit to balance customer growth, financial risk, operational efficiency, and policy compliance.
Key Responsibilities:
Credit Underwriting Activities
- Own the underwriting operating model, governance, service levels, and quality standards
- Establish enterprise KPIs, risk indicators, capacity models, and executive reporting
- Sponsor and lead technology, automation, analytics, and workflow transformation
- Establish and maintain credit underwriting standards, methodologies, risk-rating criteria, documentation requirements, and approval controls
- Ensure consistent application of credit policy across business units, customer segments, and credit-review teams
- Provide leadership and recommendations for complex, strategic, or high-exposure credit decisions
- Monitor portfolio trends, concentrations, emerging risks, policy exceptions, and underwriting quality
- Define escalation protocols for significant credit deterioration, policy exceptions, and approval disputes
Continuous Process Improvement
- Translate market, customer, and industry trends into underwriting strategy
- Own the strategic roadmap for digitizing and modernizing credit underwriting, including workflow automation, credit scoring, data integration, reporting, and decision-support capabilities
- Partner with Enterprise Credit leadership to recommend changes to credit policy, risk appetite, and delegated authority
MINIMUM JOB QUALIFICATIONS (Knowledge, Skills, & Abilities):
Business Experience
- Minimum of 12 years of progressive experience in credit, finance, accounting, or related financial risk management, including at least 4 years of management experience
- Demonstrated experience leading enterprise or cross-functional transformation
- Experience establishing credit policy, underwriting standards, risk governance, or portfolio-management practices
- Demonstrated ability to advise and influence senior executives on material financial and credit-risk decisions
- Experience managing complex or high-exposure commercial credit portfolios
- Strong executive communication and presentation skills
Education
- Bachelor’s degree required; MBA, CPA, CFA, or similar advanced qualification preferred
Working Conditions
Environment (Office, warehouse, etc.) –
-
Traditional office environment
-
Travel 10%
Physical Requirements (Lifting, standing, etc.) –
- Large percent of time performing computer-based work is required
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson,
Our Base Pay Range for this position
$116,600 - $194,300
McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:
McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
McKesson job postings are posted on our career site: careers.mckesson.com.
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) Disability_Accommodation@McKesson.com or (Canada) Accessibility@mckesson.ca. Resumes or CVs submitted to this email box will not be accepted.
Join us at McKesson!
See all Director of Underwriting Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new Director of Underwriting roles.
Get Access To All JobsTips for Finding Director of Underwriting Jobs
Frame your credentials around specialty occupation
USCIS requires a direct link between your degree and the Director of Underwriting role. A finance or actuarial science degree paired with risk modeling experience makes that connection clear. A business administration degree alone may invite an RFE without supplemental documentation.
Target insurers with established LCA filing histories
Large carriers and reinsurance firms file LCAs for underwriting leadership far more consistently than regional insurers. Use Migrate Mate to find employers with verified sponsorship history for director-level underwriting roles, filtered by city and specialty.
Verify prevailing wage before negotiating your offer
The LCA locks your employer into paying at least the prevailing wage for your location and role. Use the OFLC Wage Search to look up the Level III or Level IV wage for your metro before you enter compensation discussions, so you know the floor your offer must meet.
Get your professional designations credentialed early
CPCU, ACAS, or FCAS designations carry significant weight in RFE responses for underwriting roles. If yours were earned outside the U.S., secure a foreign credential evaluation before your employer files the LCA to avoid delays during USCIS adjudication.
Understand the PERM timeline for EB-2 green card planning
Directors of Underwriting pursuing permanent residence through EB-2 face a PERM labor certification process that can run six to twelve months before the I-140 petition. Ask prospective employers whether they've filed PERM for similar roles and when they'd be willing to begin.
Clarify H-1B portability rules before switching employers
If you're already in H-1B status, you can start with a new underwriting employer once the new I-129 petition is filed, without waiting for USCIS approval. Confirm the new employer is prepared to file immediately at offer acceptance, not weeks after your start date.
Frequently Asked Questions
Does a Director of Underwriting role qualify as a specialty occupation for H-1B purposes?
Yes, in most cases. USCIS looks for a direct relationship between the role and a specific degree field. Director of Underwriting positions at insurance carriers, reinsurers, and financial institutions typically require a bachelor's degree in finance, actuarial science, risk management, or a related discipline, which satisfies the specialty occupation standard. Roles where any bachelor's degree is accepted regardless of field may face additional scrutiny.
Which visa types are realistic for a foreign national applying for Director of Underwriting jobs?
H-1B is the most common path, covering employer-sponsored specialty occupations with an annual cap and lottery. Australian nationals can use the E-3 visa, which has a separate cap and no lottery. Canadian and Mexican nationals may qualify under TN visa if the role fits the USMCA economist or accountant categories, though underwriting director roles don't always map cleanly to the TN list. EB-2 or EB-3 are options for permanent residence once you've established yourself with a sponsoring employer.
How do I find employers who actively sponsor Director of Underwriting roles?
Migrate Mate lists U.S. employers with verified LCA sponsorship history for underwriting and financial services roles, searchable by location and seniority level. Large national carriers and specialty lines insurers file the most consistently for director-level positions.
What happens to my H-1B status if my underwriting department is restructured or my role is eliminated?
Your H-1B status is tied to your sponsoring employer, so a layoff or elimination puts you in a 60-day grace period during which you can find a new sponsor and have a new I-129 petition filed. If you're already in H-1B status, portability means you can begin work at the new employer once the petition is filed, not after USCIS approval. Acting quickly matters: the 60-day window does not reset or extend.
Do actuarial credentials like ACAS or FCAS strengthen an H-1B petition for an underwriting director?
Yes, significantly. USCIS evaluates specialty occupation partly through the complexity and professional standards of the role. Actuarial designations issued by the Casualty Actuarial Society signal that the position requires specialized theoretical knowledge beyond a generalist degree. Including these credentials in the employer's support letter and your petition documentation reduces the likelihood of an RFE challenging whether the role meets the specialty occupation threshold.
What is the prevailing wage requirement for sponsored Director of Underwriting jobs?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.