Top 33 Underwriter Jobs in Alabama

Underwriter - Revenue-Based Financing
Fundfi Merchant Funding —Florence, AL
- $45,000 - $55,000 a year
- Full-time
- Background check
- Microsoft Excel
- Mid-level
- Paid holidays
- Health insurance
Quick Apply
Personal Lines Underwriter-Remote, AL
Arbour Speciality LLC —Alabama
- Remote
- Microsoft Outlook
- 11+ years
- Analysis skills
6d
Associate Underwriter
Berkley —Homewood, AL
- Full-time
- OSHA
- Customer service
- Research
12d
Commercial Lines Underwriter, Remote: AL
Arbour Speciality LLC —Alabama
- Remote
- Microsoft Outlook
- 11+ years
- Business development
5d
Senior Underwriter — Strategic Growth & Risk
South Shore Insurance Underwriters —Daphne, AL
- Full-time
- Remote
- 5 years
- Bachelor's degree
- Senior level
- Paid parental leave
- Paid time off
Quick Apply
Associate Underwriter - Commercial Lines
Amwins —Dothan, AL
- Full-time
- Customer service
- Office
- In-person
- Paid holidays
- Health insurance
Quick Apply
Agency Underwriter I
Alfa Insurance Corporate Careers —Montgomery, AL
- Full-time
- Basic math
- Office
- High school diploma or GED
- Disability insurance
- Health insurance
Quick Apply
7d
Commercial Lines Underwriter
Auto-Owners Insurance Company —Montgomery, AL
- Full-time
- Bachelor's degree
- US work authorization
- Communication skills
- Paid holidays
- Paid time off
Quick Apply
12d
Sr Production Underwriter
UFG Insurance —Birmingham, AL
- $103,221.75 - $136,105.25 a year
- Business development
- Driver's License
- Bachelor's degree
- Disability insurance
- Health insurance
Quick Apply
Assistant Insurance Underwriter
River Valley Underwriters —Mobile, AL
- $40,000 - $55,000 a year
- Full-time
- Background check
- Sales
- Mid-level
- Health insurance
- Dental insurance
Quick Apply
Senior Analyst, Underwriter
CVS Health —Montgomery, AL
- $46,988 - $122,400 a year
- Full-time
- Remote
- Mid-level
- High school diploma or GED
- Analysis skills
- Health insurance
- Dental insurance
14d
Underwriting Territory Manager – Cyber Risk
Great American Insurance Company —Alabama
- $150,000 - $225,000 a year
- Full-time
- Remote
- Up to 50% travel
- 11+ years
- Finance
- Commuter assistance
- Employee stock purchase plan
Quick Apply
7d
Commercial Lines Underwriter
Burns & Wilcox —Homewood, AL
- Full-time
- Mid-level
- Business development
- Bachelor's degree
- Wellness program
- Paid holidays
Credit Underwriter - Indirect Lending Department
First US Bank —Birmingham, AL
- Overtime
- Mid-level
- Office
- High school diploma or GED
Quick Apply
Personal Lines Underwriter I
Alfa Insurance Corporate Careers —Montgomery, AL
- Full-time
- Customer service
- 5 years
- Basic math
- Disability insurance
- Health insurance
Quick Apply
Ld Dir, Underwriting
CVS Health —Alabama
- $100,000 - $231,540 a year
- Full-time
- Remote
- Master's degree
- Presentation skills
- Bachelor's degree
- Health insurance
- Dental insurance
Credit Underwriter
Bryant Bank —Tuscaloosa, AL
- Customer service
- Mid-level
- Finance
Senior Underwriter, Energy
Liberty Mutual —Birmingham, AL
- $69,000 - $215,000 a year
- Full-time
- Mid-level
- 3 years
- Analysis skills
Senior Surety Underwriter
IAT Insurance Group —Birmingham, AL
- $80,800 - $127,900 a year
- Urgently hiring
- Hybrid work
- Computer literacy
- Office
- Finance
- Profit sharing
- Paid holidays
Loan Underwriter- Trussville Branch
Americas First Federal Credit Union —Trussville, AL
- Mid-level
- Office
- High school diploma or GED

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underwriter jobs near alabama

Underwriter - Revenue-Based Financing

Fundfi Merchant Funding
Florence, AL

Quick Apply

Job Details

Full-time
$45,000 - $55,000 a year

Benefits

Paid holidays
Health insurance
Dental insurance
Paid time off
Vision insurance
Opportunities for advancement

Qualifications

Customer communication
Automated underwriting system
Teamwork
Cash flow analysis
Microsoft Excel
Financial model construction
Underwriting
Financial model development
Financial statement analysis
Communication platforms
Payment Processing Systems
Bachelor's degree
Financial report interpretation
Attention to detail
Valuation modeling
Financial statement interpretation
Regulatory compliance analysis
Legal compliance
Financial data analysis tools
Automated underwriting
Credit analysis
Data analysis software

Full Job Description

Position Summary

We are seeking an experienced Underwriter to join our dynamic revenue-based financing team. This role is essential in evaluating small and medium-sized businesses for funding while maintaining our commitment to responsible lending practices. The ideal candidate will have strong analytical skills, business acumen, and experience in alternative lending or commercial credit analysis.

Key Responsibilities

Credit Analysis & Risk Assessment

Analyze and underwrite revenue-based financing applications ranging from $10,000 to $250,000
Review and evaluate business financial statements, bank statements, tax returns, and revenue documentation
Assess business cash flow patterns, seasonality, and growth trends to determine repayment capacity
Evaluate business models, industry risks, and market conditions affecting applicant businesses
Calculate appropriate funding amounts, factor rates, and repayment terms based on revenue analysis
Utilize proprietary scoring models and risk assessment tools to make informed credit decisions

Due Diligence & Documentation

Verify business information, revenue claims, and financial documentation authenticity
Conduct comprehensive background checks on business owners and key personnel
Review legal structure, compliance status, and any outstanding legal issues
Analyze merchant processing statements, e-commerce platforms, and other revenue sources
Evaluate existing debt obligations and their impact on cash flow availability
Document all underwriting decisions with clear rationale and risk mitigation strategies

Portfolio Management & Monitoring

Monitor portfolio performance and identify trends in approval rates, funding performance, and losses
Participate in regular portfolio reviews and risk assessment meetings
Recommend policy adjustments based on performance data and market conditions
Collaborate with collections team on troubled accounts and workout solutions
Assist in developing and refining underwriting guidelines and procedures

Collaboration & Communication

Work closely with business development team to provide feedback on deal structure and pricing
Communicate approval decisions, conditions, and declines to relationship managers and clients
Provide guidance to junior underwriters and support staff on complex transactions
Partner with legal and compliance teams on regulatory requirements and documentation standards
Present complex deals to credit committee for approval when required

Required Qualifications

Bachelor's degree in Finance, Economics, Business, or related field preferred
3+ years of commercial underwriting, credit analysis, or alternative lending experience preferred
Strong understanding of small business financial statements and cash flow analysis
Experience with revenue-based financing, merchant cash advances, or similar alternative lending products preferred
Proficiency in financial modeling and risk assessment techniques
Knowledge of commercial lending regulations and compliance requirements
Advanced Excel skills and experience with underwriting software platforms
Strong attention to detail and ability to work under tight deadlines
Knowledge of various payment processing platforms and merchant services
Experience with automated underwriting systems and decisioning technology

Skills & Competencies

Analytical: Strong quantitative and qualitative analysis skills with ability to synthesize complex financial information
Decision-Making: Sound judgment in risk assessment with ability to balance growth objectives and risk management
Technology: Proficiency with CRM systems, underwriting platforms, and financial analysis tools
Communication: Excellent written and verbal communication skills for internal and external stakeholders
Industry Knowledge: Understanding of various business models and industry-specific risks and opportunities
Adaptability: Ability to work in fast-paced environment with evolving products and market conditions

Underwriting Focus Areas

Business Types & Industries

E-commerce and online retail
Professional services and consulting
Healthcare and medical practices
Manufacturing and distribution
Restaurant and hospitality
Service-based businesses with recurring revenue

Key Evaluation Criteria

Monthly recurring revenue (MRR) and annual recurring revenue (ARR) analysis
Customer concentration and churn rates
Gross margins and unit economics
Management experience and track record
Market position and competitive landscape
Technology platforms and payment processing stability

Performance Metrics

Application processing time and volume targets
Credit decision accuracy and portfolio performance
Approval rates within risk parameters
Customer satisfaction with underwriting process
Compliance with regulatory and company policies
Contribution to portfolio growth and profitability objectives

Technology & Tools

Underwriting management systems
Financial spreading and analysis software
Credit reporting and background check platforms
Bank statement analysis tools
Document management systems
CRM and communication platforms

Compensation & Benefits

Competitive base salary commensurate with experience
Performance-based annual bonus program
Comprehensive health, dental, and vision insurance
Paid time off and holidays
Professional development and continuing education support

Career Development

This role offers excellent opportunities for career advancement within our growing organization. Successful underwriters can advance to senior underwriting positions, portfolio management roles, or credit policy development positions. We support professional development through training programs, industry conferences, and continuing education opportunities.

Why Join Our Team?

Join a forward-thinking fintech company that's transforming how small businesses access capital. Our revenue-based financing model creates unique underwriting challenges and opportunities, allowing you to work with diverse businesses across multiple industries. You'll be part of a collaborative team that values innovation, responsible lending practices, and supporting small business growth across North America.

To Apply: Please submit your resume and cover letter highlighting your underwriting experience and interest in alternative lending. Include specific examples of your experience with small business credit analysis and any relevant alternative lending background.

Job Type: Full-time

Pay: $45,000.00 - $55,000.00 per year

Benefits:

Dental insurance
Health insurance
Paid time off
Vision insurance

Work Location: In person

Quick Apply

Refine Your Search

underwriter jobs in alabama

Underwriter - Revenue-Based Financing

Personal Lines Underwriter-Remote, AL

Associate Underwriter

Commercial Lines Underwriter, Remote: AL

Senior Underwriter — Strategic Growth & Risk

Associate Underwriter - Commercial Lines

Agency Underwriter I

Commercial Lines Underwriter

Sr Production Underwriter

Assistant Insurance Underwriter

Senior Analyst, Underwriter

Underwriting Territory Manager – Cyber Risk

Commercial Lines Underwriter

Credit Underwriter - Indirect Lending Department

Personal Lines Underwriter I

Ld Dir, Underwriting

Credit Underwriter

Senior Underwriter, Energy

Senior Surety Underwriter

Loan Underwriter- Trussville Branch

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