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Senior Commercial Underwriter
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on South Carolina 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.
$68,727 / year median in South Carolina
-2% projected decline
Job Description
Responsibilities:
- Partner with credit leadership to oversee complex commercial borrowing relationships and help maintain a well-managed loan portfolio.
- Evaluate borrower financial performance, repayment sources, collateral quality, and overall risk to support informed underwriting decisions.
- Develop and revise credit presentations, periodic reviews, amendment requests, and other documentation tied to commercial lending activity.
- Serve as a direct point of contact for borrowers regarding financial results, financing requests, deal terms, and other credit-related matters.
- Assist with construction lending activities by supporting deal structure, reviewing disbursement requests, tracking project progress, and analyzing related risk factors.
- Contribute to the ongoing administration of commercial credits by monitoring existing relationships and identifying issues that may affect loan performance.
- Provide additional support across the Credit Administration function when priorities shift or team needs arise.