Senior Underwriter

  • Fintelligent
  • Bootle, Merseyside
  • Dec 01, 2022
Full time Insurance

Job Description

I am currently working with a growing commercial property lender based in Liverpool who sure to growth are looking to add a Senior Underwriter to the team. This well-established business prides its self on offering the best environment for its staff.

This is an exciting opportunity to join a business that actively encourages its staff to contribute ideas as well as give them the tools to develop and progress.

Senior Underwriter Package and Benefits:

  • Salary between £40,000-£45,000
  • Annual salary reviews
  • 25 days holiday plus additional for years of service
  • Buy or sell annual leave
  • Flexible working - hybrid
  • Free car park
  • Bonus scheme

Main Duties:

  • Managing the entire lending process from application and assessing credit worthiness through to drawdown to include oversight of the underwriting and due diligence processes.
  • Prepare detailed credit proposals for submission to the Credit Committee
  • Preparing offer documentation and ensuring all loan conditions are met throughout the drawdown process
  • Underwrite loans against agreed lending criteria
  • Handling broker calls on specific cases under review; manage customer expectations
  • Liaising with internal departments (Legal, Risk and Sales) and external parties (Surveyors, Quantity surveyors, Solicitors and Customers) to effectively manage the lending process.
  • Work closely with the Head of Underwriting to progress cases forward to completion
  • Liaise with Valuation Panels and Monitoring Surveyors to arrange quotes, and to formally instruct valuations and site inspections. Confirming inspections are booked, and reports are received within SLA
  • Liaise with Asset managers and Monitoring Surveyors, follow up on return of agents reports
  • Liaise with solicitors ensuring relevant information is provided and professional opinions sought
  • Maintain CRM records regarding case status and ensure client/broker details are up to date and correct including loans underwritten, assessment process and rationale
  • Build and maintain effective relationships with all stakeholders - internal BDMs/brokers/clients, solicitors/valuers/ surveyors/ Monitoring Surveyors - keeping them informed of case progress throughout

Ideal Candidate:

  • Previous experience underwriter within a commercial property or land sector
  • Ability to work with a high degree of accuracy and attention to detail
  • Able to organise, manage time effectively, prioritise workload whilst meeting any deadlines in a fast paced environment
  • Strong customer service skills
  • Act as an ambassador for the business at hospitality and industry events

If you are interested in this role then please apply or contact Jack on -

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