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Mid-Corporate Senior Associate - Gaming
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on Nevada data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$64,734 / year median in Nevada
-1% projected decline
Job Description
- Gaming team to work as a key member of deal teams that provide research, analysis, and underwriting to prepare recommendations to extend credit and monitor existing credit relationships.
Conduct diligence:
synthesize data-room materials, financial statements, projections, and third-party reports; participate in Q&A; assess market dynamics competitive positioning and key risks/mitigants Evaluate legal documentation: review and comment on term sheets, credit agreements, intercreditor docs; align protections (e.g. covenants, baskets, events of default) with underwriting thesis Produce screening and approval memos: distill complex credit analyses into concise memos; clearly articulate the credit thesis, risks, mitigants, and recommended structure Coordinate closings: track conditions precedent, deliverables, and funding mechanics across sponsors, agents, legal, and internal operations; ensure accurate booking and documentationPortfolio Management:
produce quarterly reviews, variance analyses, compliance checks, watch-list narratives, and ratings updates; recommend actions as performance shifts. Execute amendments & waivers, negotiate covenant resets/consents, and document credit rationale Monitor market and macro trends: track economic indicators, pricing, leverage, and covenant trends to inform underwriting and portfolio strategy Integrate AI tools into underwriting and portfolio workflows to streamline research, accelerate production, and drive innovation and efficiencyRequired Qualifications, US:
4+ years of Mid-Corporate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:
Proficiency in accounting principles, financial statement analysis, and financial modeling Familiarity in credit documentation, including term sheets, credit agreements, and intercreditor provisions Strong analytical skills, with heightened attention to detail and accuracy Strong written and verbal communication skills Ability to work in a fast-paced, deadline-driven environment Solid foundation in credit analysis, including evaluation of business risk, industry trends, and capital structures Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook)Job Expectations:
Ability to travel up to 10% of the time This position is not eligible for Visa sponsorship This position offers a hybrid work schedule Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment processJob Locations:
333 S Grand Ave- Los Angeles, CA 90071 3800 Howard Hughes Pkwy
- Las Vegas, NV 89169 1000 Louisiana St
- Houston, TX 77002 1700 Lincoln St
- Denver, CO 80203 May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.
- $196,000.00 Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits
- Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.