Job Detail

Underwriter - Arc

Date Posted: May 08, 2023
Login to View Salary

Job Description

Great company to work for, good reputation in the market, going through a period of expansion and very keen to see Underwriters with strong Buy to Let experience, both Limited Company BTL and Portfolio BTL.

  • Job Title/Location: Underwriter, Surrey/WFH
  • Salary: £40,000 + bonus + pension + free parking + study support
  • Office/WFH: Office based 1 day per week in Surrey, the rest being WFH. The initial 4-6 week training period would be almost fully office based
  • Requirements: Solid underwriting experience covering Limited Company Buy to Lets and Portfolio/Residential Buy to Lets
  • Role Snapshot: Processing and administering loan applications from initial acceptance to the checking of the advance release and mortgage offer approval

The Company: Our client is a highly professional financial services company who base their customer services model on first rate customer service as opposed to the hard sell. An office of around 190 people that has expanded healthily over the last 5 years.

The Role: This post revolves around assessing loan applications to ensure the completeness of documentation to company standards and, in relation to introduced cases, liaise with Intermediary's/BDM's to procure the submission of omitted items as necessary. Key responsibilities include:

  • Undertake appraisal of applications received and submit recommendations, as to underwriting checks to be undertaken, to either the Assistant Manager or Head of Loans Underwriting
  • Case ownership from Application through to Offer. Drive application to offer times by tracking the mortgage pipeline within the SLA
  • Produce Loan Offers in compliance with the Lending Policy and laid down procedures, for submission to and approval by the Assistant Manager/Head of Loans Underwriting
  • Despatch Mortgage Offers and Solicitors Instructions, if applicable, following approval
  • Arrange the preparation and despatch of loan proceeds
  • Produce completion details and authorise the release of funds presented by the Completions Officer
  • Review and recommend improvements to underwriting processes and procedures to improve efficiency and effectiveness without compromising control or prudential lending criteria.

Skills / Experience Required: For this Underwriter role our clients' key requirement is solid experience within both Limited Company and Portfolio/Residential BTL's. Also, once training is complete, you must be able to work from their Surrey office 1 day per week.

Additional Information: Salary for the Underwriter role is £40,000 + company bonus, pension, professional study support, life & health benefits and free car parking for office visits. A lovely working environment, a progressive business with a track record of training and developing people. Please apply below.

The Underwriter position is only one of many vacancies we are handling. ARC is a specialist within Financial Services recruitment and the Consultant handling this role has over 25 years of experience in this field. Areas of expertise include administration, compliance, business analysis, project/programme management, paraplanners, sales support, marketing, underwriters and group risk/employee benefits related roles. Check the website and feel free to call Darren Snell at any time.

Job Detail

  • Location:
    Orpington, United Kingdom
  • Company:
  • Type:
    Full Time/Permanent
  • Shift:
  • Career Level:
  • Positions:
  • Experience:
  • Gender:
    No Preference
  • Degree:
  • Apply Before:
    Jun 12, 2023

Related Jobs

Google Map