Senior Credit Underwriter – Insurance, Institutional Client Group

U.S. Bank • Cincinnati, NY

1d

About The Position

The Senior Credit Underwriter is a Senior-level individual contributor within Institutional Client Group Corporate Banking, responsible for underwriting and advising on the credit structure of transactions across a portfolio of insurance clients, including life, property & casualty, reinsurance, and related financial structures. Partners with Relationship Managers and Portfolio Managers to support new business origination, manage ongoing credit relationships, and ensure consistent execution of underwriting standards. Serves as a key escalation point for complex transactions and provides credit guidance across the team.

Requirements

• Bachelor's or Master's degree in finance, accounting or other related field
• 10 or more years of banking experience
• Demonstrated experience underwriting complex corporate or institutional credit exposures

Nice To Haves

• Knowledge of insurance sectors, including life, P&C, reinsurance, and related structures
• Strong understanding of credit risk frameworks and lending policies
• Ability to evaluate and advise on credit structures, including terms and risk mitigants
• Strong analytical and communication skills
• Ability to influence and operate effectively within a team environment

Responsibilities

• Underwrite and manage credit exposures across an insurance portfolio, including new originations and existing relationships
• Lead credit analysis and approval processes for complex transactions, providing independent risk assessments
• Provide credit perspective on transaction structuring, including evaluation of key terms, risk mitigants, and alignment with risk appetite
• Manage portfolio monitoring, including reviews, amendments, and covenant compliance
• Serve as a senior resource and escalation point for underwriting and credit-related matters
• Partner with Relationship Managers on client discussions and credit-related inquiries
• Mentor junior team members and support consistent underwriting execution
• Ensure adherence to credit policies and regulatory requirements

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution and pension

What This Job Offers

• Job Type: Full-time
• Career Level: Senior