Senior Credit Underwriter – Insurance, Institutional Client Group

Senior Credit Underwriter

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel atall from Day One.

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.

• 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

• 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

• 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

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $ - $