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Underwriter

Ultimate Banking Ltd
Posted 10 hours ago, valid for 10 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for an experienced underwriter based in London with a hybrid working model.
  • The salary for this role is up to £45,000 per year.
  • Candidates should have a strong background in manual underwriting, specifically with Equity Release mortgages.
  • The role involves reviewing mortgage applications, managing a portfolio of cases, and collaborating with brokers and case managers.
  • The company offers additional benefits such as 30 days of annual leave, a health cash plan, and growth shares.

Underwriter

London/Hybrid

Up to £45k

Are you an experience underwriter, seeking a new challenge where you can build and expand your skillset? Our client is a niche mortgage lender, with their ultimate goal is to become the main household name for later-life lending, ofering a variety of products and a first-class customer experience.

They have a fantastic opportunity for an experienced, manual underwriter to join their expanding team; with a new product on the horizon, it’s an exciting time to join the business.

Along with manual underwriting skills, they do need an individual who has experience with Equity Release mortgages.

Duties of the Underwriter will include:

  • Reviewing Mortgage applications against the Lending Policy to ensure robust underwriting decisions are made.
  • Managing a portfolio of cases to completion. Each case to be Underwritten accurately by assessing loan documentation, including valuation reports and if required, Credit reports, and requesting additional information from brokers and customers where required, highlighting any concerns that you may have.
  • Working closely with Case Managers to gather all information from third parties.
  • Speak extensively to Brokers to allow cases to progress efficiently

The successful individual will have a strong background in manual, mortgage underwriting, specifically with Equity Release Mortgages.

Our client offers a hybrid approach to the working week, with 2 days based at their head office in London, and the remainder working remotely. Along with a competitive salary, they offer 30 days annual leave, health cash plan, growth shares and more!

If this sounds like your next challenge, please apply today!

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.