Underwriter

Job title: Underwriter

Location: South Coast

Salary: Up to 50,000 per annum (depending on experience)

Hours: Monday to Friday, 9 am to 5:30 pm

Benefits:

• 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 days
• Option to buy/sell up to 3 days' holiday
• Death in Service at 4 x salary (from day one of employment)
• 5-year, 10-year and 15-year excellent service awards
• Car parking (limited onsite or, if offsite, cost of parking refunded)
• Employee Assistance Programme
• Active charity support (non-mandatory)
• Monthly mindfulness sessions
• Complimentary Christmas/summer parties/Team evenings and social events
• Company BBQs on HQ sun terrace
• Daily fruit bowl, healthy snacks, and coffee machine/tea
• Paddleboards for free hire/Office table tennis.
• Workplace pension scheme

About the Role of Underwriter:

Looking to break into bridging underwriting? This is your chance. Join a fast-growing team based in the south coast and learn bridging and refurbishment lending on the job, even if your background is in detailed credit underwriting. This is an office-based role with the option to work one day from home per week after probation. Ideally, you'll have around 2 years' underwriting experience, strong commercial awareness, and excellent communication skills.

Responsibilities for the position of Underwriter:

• Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.
• Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.
• Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.
• Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.
• Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.
• Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.
• Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.
• Ensure adherence to internal policies, underwriting standards, and AML requirements.
• Maintain accurate and timely records within internal systems, ensuring effective audit trails.
• Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management.

Experience required for the position of Underwriter:

• Candidates should have a minimum of 2 years' experience underwriting credit or lending-related products, with a strong understanding of AML, KYC, and due diligence practices.
• You will need solid commercial acumen to assess deals beyond standard "tick-box" underwriting and be proficient in interpreting financial statements, credit reports, and legal documentation.
• We can also consider Case Managers from the specialist BTL or bridging sectors who have a good grasp of valuation reports and exit strategies.

For more information regarding the role of Underwriter, please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.