Junior Underwriter Resume Samples

4.6 (114 votes) for Junior Underwriter Resume Samples

The Guide To Resume Tailoring

Guide the recruiter to the conclusion that you are the best candidate for the junior underwriter job. It’s actually very simple. Tailor your resume by picking relevant responsibilities from the examples below and then add your accomplishments. This way, you can position yourself in the best way to get hired.

Craft your perfect resume by picking job responsibilities written by professional recruiters

Pick from the thousands of curated job responsibilities used by the leading companies

Tailor your resume & cover letter with wording that best fits for each job you apply

Resume Builder

Create a Resume in Minutes with Professional Resume Templates

Resume Builder
CHOOSE THE BEST TEMPLATE - Choose from 15 Leading Templates. No need to think about design details.
USE PRE-WRITTEN BULLET POINTS - Select from thousands of pre-written bullet points.
SAVE YOUR DOCUMENTS IN PDF FILES - Instantly download in PDF format or share a custom link.

Resume Builder

Create a Resume in Minutes with Professional Resume Templates

Create a Resume in Minutes
JH
J Hessel
Janae
Hessel
813 Chelsea Road
Los Angeles
CA
+1 (555) 968 0814
813 Chelsea Road
Los Angeles
CA
Phone
p +1 (555) 968 0814
Experience Experience
Houston, TX
Junior Underwriter
Houston, TX
Jakubowski and Sons
Houston, TX
Junior Underwriter
  • Identifying and reporting trends in decline submission errors
  • Assuring compliance with anti-money laundering and Sanctions laws and regulations
  • Analyzing various scenarios and suggesting potential alternate offers for files recommended for decline
  • Maintaining a strong focus on continued growth and learning of essential underwriting knowledge
  • Bilingual (English and French both spoken and written)
  • Discuss relevant underwriting issues with borrower, mortgage consultant and real estate professional. Keep mortgage consultants updated on the status of their loans
  • Review and analyze documentation provided on each loan including the 1003, credit report, income and asset documentation, purchase agreement, title report, etc. to make an informed lending decision in compliance with NPF polices and guidelines
Houston, TX
Mortgage Processor / Junior Underwriter
Houston, TX
Schuppe-Cremin
Houston, TX
Mortgage Processor / Junior Underwriter
  • Maintain accurate pipeline by documenting conversation log and tracking loan progress
  • Review and collect underwriting conditions and submit conditions to underwriting for final approval
  • Submit for underwriting approval
  • Communicate, prepare and mail out commitment letter, notice of incompleteness or declination
  • Update systems to reflect accurate information
  • Upon receipt of final approval, prepare authorization to close and send to all parties
  • Review credit, income, assets, disclosures
present
San Francisco, CA
Junior Underwriter Commercial Real Estate
San Francisco, CA
Schmidt-Funk
present
San Francisco, CA
Junior Underwriter Commercial Real Estate
present
  • Rendering assistance to lending officers on credit matters and loans involving unusual situations or requiring close scrutiny
  • Providing credit information and references for customers, loan officers, or other agencies as requested
  • Obtain data to perform portfolio concentration analysis
  • Performs financial statement analyses, typically involving various complex and interlocking relationships
  • Inform Loan Officers of relevant trends of specific loans, portfolios or industries
  • Reviewing and responding to general underwriting scenarios
  • Assisting with other responsibilities and projects as identified by management
Education Education
Bachelor’s Degree in Individual Work
Bachelor’s Degree in Individual Work
The George Washington University
Bachelor’s Degree in Individual Work
Skills Skills
  • Excellent oral and written communication skills, ability to build strong interpersonal relationships
  • Excellent written and verbal communication skills with an ability to present ideas clearly and concisely
  • Possess excellent technical and computer skills including a high level of proficiency in Microsoft Excel, Word and PowerPoint
  • Excellent Excel knowledge
  • Basic to intermediate technical knowledge of systems and procedures
  • Be in good standing
  • Ability to make recommendations to guidelines, processes, and procedures to positively affect the top and bottom line of the organization
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals. Ability to compute rate ratio and percent
  • Good verbal and written communication skills
  • Excellent communication, negotiation and problem-solving skills
Create a Resume in Minutes

9 Junior Underwriter resume templates

1

Junior Underwriter Resume Examples & Samples

  • Obtain new and modified mortgage insurance certificates from mortgage insurance carriers prior to issuing clear to close
  • Review conditions submitted on loans from Loan Processors and signs off the condition when appropriate
  • Review and analyze documentation provided on each loan including the 1003, credit report, income and asset documentation, purchase agreement, title report, etc. to make an informed lending decision in compliance with NPF polices and guidelines
  • Calculate borrower’s income and debt-to-income ratios based on acceptable NPF and agency practices
  • Document lending decisions and completes required screens in the LOS that include the accurate completion of the 1008 as well as adding and/or creating applicable conditions of the loan approval
  • Work closely with Loan Processors to answer loan specific underwriting questions, to discuss specific conditions or documentation requested and to resolve problems
  • Run, read and interpret Automated Underwriting Decision results (DU/LP)
  • Adhere to underwriting guidelines to fulfill agency requirements
  • Display excellent verbal, written and interpersonal communication skills
  • Maintain and cultivate an effective working relationship with internal and external customers
  • Embrace company culture
  • Be able to adjust work and thought process to accommodate changes in the lending environment
  • Consistently meet or exceed established minimum productivity levels as determined and required by management for both underwriting of files and condition management
  • Assists Underwriting Department with any additional tasks necessary
  • Minimum of 2 years in mortgage lending experience, preferably with emphasis on underwriting and credit analysis
  • Knowledge of loan regulatory guidelines
  • Ability to analyze and interpret credit reports, income documentation, asset statements, residential appraisal reports and other mortgage loan documentation
  • Professional written, verbal and interpersonal communication skills
  • Proficient running, reading and interpreting DU/LP recommendations
  • Working knowledge of the mortgage process
2

Junior Underwriter Resume Examples & Samples

  • Prepares underwriting report consisting of property and demographic analysis, credit analysis, borrower’s income and asset profile and financial analysis of the loan. Calculates effective gross income, net operating income, annual debt service, debt service coverage ratios, break-even occupancy ratios and cash on return
  • Review corporate and individual tax returns, review property rent rolls and operating statements, analyze credit reports and payment history, determines creditworthiness of borrowers and may assess financial risk involved with the deal
  • Perform on-site inspections of income-producing properties, interview/converse with residential and commercial tenants to confirm rents and operating expenses, confirm property real estate taxes, assessment/exemption info and verify current tax status and develop understanding of regulatory issues including DHCR, housing violations and certificate of occupancy issues
  • Develop understanding of real estate values in pertinent EFC lending region including sales and rental comparable and analysis of income capitalization approach
  • Conducts preliminary analysis of loan by reviewing processing checklist, following up on securing outstanding documents and scheduling of site inspections
  • Discuss relevant underwriting issues with borrower, mortgage consultant and real estate professional. Keep mortgage consultants updated on the status of their loans
  • Engage in due diligence process by reviewing post-commitment conditions to ensure that the borrowers comply with conditions prior to closing
  • Bachelor’s degree (B.A.) from four year college or university; or one to two years related experience and/or training; or equivalent combination and experience
3

Junior Underwriter Resume Examples & Samples

  • Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction
  • Giving full attention to what other people are saying, taking time to understand the points being made, and asking questions as appropriate
  • Communicates effectively in writing as appropriate for the needs of the audience
  • Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
  • Managing one’s own time and priorities to ensure the meeting of deadlines
  • Series 52 & 63 (within the first 6 months of hire)
  • B.S. OR B.A. required
4

Mortgage Processor / Junior Underwriter Resume Examples & Samples

  • Review documents for completeness and acceptability of loan conditions
  • Review credit, income, assets, disclosures
  • Order title, MI and appraisal, if applicable
  • Complete required checklists/worksheets
  • Obtain additional documentation needed from all sources
  • Update systems to reflect accurate information
  • Submit for underwriting approval
  • Communicate, prepare and mail out commitment letter, notice of incompleteness or declination
  • Review title requirements, exceptions, and other information obtained for accuracy, completeness and conformance
  • Review and collect underwriting conditions and submit conditions to underwriting for final approval
  • Review loan system and documentation in file returning to underwriting, if applicable
  • Upon receipt of final approval, prepare authorization to close and send to all parties
  • Review and respond to exception reports, internal and external audits, as required
  • Perform other related duties as assigned or required
  • Maintain accurate pipeline by documenting conversation log and tracking loan progress
5

Junior Underwriter Resume Examples & Samples

  • 3 years underwriting experience
  • All underwriting/rating systems
  • Computer programs such as Word, Excel, Outlook, PowerPoint
  • Effective written and oral communication, including presentations
  • Assimilate information and make decisions
  • Ability to make recommendations to guidelines, processes, and procedures to positively affect the top and bottom line of the organization
6

Junior Underwriter Resume Examples & Samples

  • Validating files suggested for decline by reviewing and analyzing credit report, title report, income documentation, collateral, and other application factors per DHE credit requirements
  • Analyzing various scenarios and suggesting potential alternate offers for files recommended for decline
  • Reviewing and responding to general underwriting scenarios
  • Communicating best practices, coaching opportunities, and training needs to the field, including opportunities to improve overall loan submission quality
  • Maintaining a strong focus on continued growth and learning of essential underwriting knowledge
  • Assuring compliance with anti-money laundering and Sanctions laws and regulations
  • Assuring compliance with the application of all other applicable regulatory requirements including, but not limited to, ECOA, Regulation B, RESPA, Regulation X, HMDA, Regulation C, TILA, Regulation Z, and Regulation O
  • Identifying and reporting trends in decline submission errors
  • Assisting with other responsibilities and projects as identified by management
  • Promoting a risk-aware culture, ensuring efficient and effective risk and compliance management practices by adhering to required standards and processes
  • Strong team player with interpersonal skills
  • Strategic thinker - identifies opportunities to achieve goals while anticipating impacts and consequences to the business; sees the "big picture"
  • Ability to learn and navigate complex proprietary software platforms
  • Must be flexible and adaptable to changing business needs
  • 1+ years of mortgage processing/underwriting experience in a Home Equity or Mortgage environment preferred
  • Meets Expectations rating on last Performance Evaluation; Exceeds Expectations preferred
  • Have at least 1 year in current department
  • Be in good standing
  • Demonstrated outstanding quality in current role
  • Previous experience reviewing credit bureau reports preferred
7

Junior Underwriter Resume Examples & Samples

  • College graduate of a 4 year Business Course
  • Two years or more work related experience gained from an insurance or financial services company
  • Excellent customer service orientation
  • Personal qualities of integrity, credibility and strong work ethic
8

Junior Underwriter Resume Examples & Samples

  • Review all underwriting information to include applications, photographs, elevation certificates and third-party internet resources to correctly underwrite the policy
  • Meet required production KPIs as defined by leadership
  • Reviews correspondence from agency including requests for endorsements for acceptability
  • MS Office Suite, familiar internet skills – typing skills
9

Junior Underwriter Resume Examples & Samples

  • Bachelor's degree in a business concentration such as finance, economics, accounting, mathematics, statistics, business administration, actuarial science, or other business related fields
  • Minimum 3.0 cumulative GPA
  • You are open to learning, willing to be coached, and able to be flexible in an ever-changing industry
10

Junior Underwriter Resume Examples & Samples

  • Performs special financial statement analyses, typically involving complex and interlocking relationships
  • Obtain data to perform portfolio concentration analysis
  • Assist in the preparation on the monthly allowance for loan and lease loss (ALLL)
  • May exercise the usual authority concerning staffing, performance appraisals, promotions, salary recommendations, and termination
  • Assist the Special Assets Department in compiling
  • Performs industry analysis and provides recommendations
  • Inform CCO/Loan Officers of relevant trends of specific loans, portfolios or industries
  • Providing credit information and references for customers, loan officers, or other agencies as requested
  • Bachelor’s degree (BA) from a four (4) year college or university, and a minimum of four (4) years or more related experience and/or training; or the equivalent combination of education and experience
11

Junior Underwriter Resume Examples & Samples

  • Ability to obtain NMLS registration
  • Complex loan calculation experience
  • Exceeds Expectations on last Performance Evaluation preferred
  • Must apply by 5pm on Monday, February 20 to be considered
12

Junior Underwriter Resume Examples & Samples

  • Analyze group characteristics, benefits, and plan designs
  • Analyze premium and claims information in order to appropriately price new business
  • Conduct constructive negotiations utilizing underwriting judgment and guidelines
  • Prepare proposal package
  • Demonstrated knowledge of and experience with Group Life and Health concepts, benefits and products
  • Strong knowledge of MS Office Suite including Word, Excel
  • Bilingual (English and French both spoken and written)
13

Junior Underwriter Resume Examples & Samples

  • Provide complete submission work-ups for underwriters’ review. Thoroughly review the application form, schedules and underwriting submission materials. Check for completeness and note any significant changes on the account e.g. acquisitions, divestitures, revenues, loss information, etc
  • Evaluate risk and investigate historical and current client information to summarize and present to underwriters
  • Generate pricing recommendations based upon account review, using pricing modules, Increased Limit Factors peer comparisons, etc. and complete pricing analysis section of the work-up
  • Prepare quotes and binders with terms and conditions as required
  • Prepare policy issuance on complex accounts and draft manuscript endorsements for the underwriter’s review
  • Review underlying policy forms
  • Ensure the accurate recording of high quality data in underwriting systems and shared drives and analyze individual risk and portfolio performance to ensure the team’s financial objectives are met
  • Liaise with brokers to determine individual account objectives and client/broker concerns
  • Participate in client-underwriting meetings and conference calls and develop meeting questions on completion of the submission analysis
  • Deliver service excellence through effective collaboration with Underwriting, Risk, Operations and Claims departments and use your initiative to see opportunities to promote XL Catlin’s products and prepare any material needed to reinforce cross-sell opportunities, e.g. product brochures, large loss exhibits, PowerPoint presentations etc
  • Attend client/broker events such as lunches, dinners or other social outings as required
  • Other duties and projects may be assigned
  • Undergraduate degree, preferably in the area of business, economics, risk management or finance
  • 2-3 years of insurance industry experience, preferably in the area of Professional Liability Underwriting
  • Insurance industry designation (ie. CPCU, RPLU, ACII) preferred or a commitment to pursue a relevant professional designation
  • Experience with policy and endorsement wording preparation is preferred
  • Possess excellent technical and computer skills including a high level of proficiency in Microsoft Excel, Word and PowerPoint
  • Ability to work on own initiative, build effective relationships and operate in a close team
  • Ability to communicate effectively and manage expectations
  • Ability to work outside of core hours where appropriate
14

M&A Junior Underwriter Resume Examples & Samples

  • Handling of non-disclosure agreements and hold harmless letters
  • Communication with brokers and legal advisers
  • Handling of insurance submissions and preparing of non-binding indications (review of information memorandums, corporate presentations, sale and purchase agreements and due diligence reports)
  • Preparation of draft policies and participation in underwriting calls
  • Support of the Business Development in the Nordics (presentations, conferences, etc
  • Administration of the know-how and underwriting based analyses
  • Interaction with other departments in the financial lines team as well as the global M&A team, in particular with our team in London and Frankfurt
15

Junior Underwriter Resume Examples & Samples

  • At a training level, learn the basics of risk selection by following published guidelines, consulting the GUM manual, through self-study of reference documents, and guidance provided by Manager and senior staff members
  • Assume responsibility for learning and understanding medical and financial terminology
  • Under supervision, assume responsibility for processing straightforward and small cases, progressing to larger risks over time
  • Participate in department and client events
  • College diploma or University degree, preferably in health sciences or business
  • 2-5 years of business experience in a financial services environment
  • Bilingual (both oral and written), an asset
  • Commitment to undertaking insurance exams
  • Excellent critical thinking skills
  • Ability to read and comprehend a large volume of data
  • Ability to be self-directing regarding learning
  • Excellent oral and written communication skills, ability to build strong interpersonal relationships
  • Must be flexible, creative and self-motivated
  • Works effectively as a team member
  • Aptitude for customer relations
16

Junior Underwriter Resume Examples & Samples

  • Communicates with Branch Managers and Loan Officers regarding questions and concerns related to loans and applications
  • Assists in the development of alternatives for solving difficult loan scenarios
  • Facilitates messaging within the UW department for general and escalated issues
  • Calculates loan-to-values, qualifying ratios
  • Reviews current updates and bulletins on underwriting guideline manuals
  • Ability to research and evaluate given information relative to underwriting guidelines and lender requirements
  • Good customer service orientation
  • Excellent verbal and written communication skills for interaction with a variety of people inside and outside of the organization
  • General administrative skills including typing, filing and use of computer, calculator, copier and facsimile machines
17

Junior Underwriter Resume Examples & Samples

  • Ensure credit policies and procedures are followed
  • Prepare underwriting checklist. Audits information to ensure that appropriate documentation is included and completed accurately
  • Verify customer's application and calculates loan payment. Validates information provided on borrower's application relating to employment, address, etc
  • Review appraisals to ensure that it coincides with specifications on contracts
  • Participates in FNMA/FHLMC training classes on current lending and underwriting topics
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals. Ability to compute rate ratio and percent
  • Intermediate PC skills, including electronic mail, routine database activity, word processing, spreadsheet, graphics, etc
  • Ability to organize and prioritize assignments
  • High School Diploma or GED and a minimum of one year related experience
  • Bachelors Degree preferred
18

Junior Underwriter Resume Examples & Samples

  • Work with Senior Team to identify and qualify Medical Office Building (MOB) real estate candidates for acquisition and development on basis of the investment criteria
  • Analyze the underlying credit worthiness of tenants in multi-tenanted office buildings and developer customized financial models that includes complex financial analysis, waterfall analysis, financial forecasting, financial statement evaluation, valuation, capital budgeting, cash flow forecasting, tax forecasting, financial management and general research
  • Perform comparative MOB sales, rental rate, occupancy, medical market analysis
  • Acquire data from national database programs such as Real Capital Analytics and CoStar Analytics along with requisite phone work and resourceful research necessary to validate MOB values
  • Assist in managing the relationships with MOB owners and brokers involved with acquisition and development deals under contract
  • Meet deadlines while balancing priorities
  • Development Modeling; Coordination of Third Party due diligence reports with the ability to complete market study reviews and financial ROI models
  • Read and interpret legal documents such as loan documents, physical and environmental studies
  • Work with Underwriting Team to review underwriting and financial models to insure accuracy
  • Assist with negotiating LOI and Purchase Agreements
  • Maintain all underwriting files and communications
  • Organize and maintain underwriting files on server
  • Responsible for the timely completion of underwriting to meet call-to-offer dates and closing dates
  • Bachelors Degree in Finance or Business
  • At least 3 years of underwriting experience, preferably for a commercial real estate firm
  • Knowledge of data analytics programs, such as Real Capital Analytics and CoStar Analytics
  • Must have thorough knowledge of Argus software
  • Excellent Excel knowledge
  • Must be able to handle and work independently in a very fast-paced environment
  • Excellent problem-solving skills
  • Excellent written and verbal communication skills with an ability to present ideas clearly and concisely
  • Enthusiastic team member with a positive personal presence
19

Junior Underwriter Resume Examples & Samples

  • Minimum of 2 years’ current conventional underwriting experience in a wholesale or retail environment
  • 2 years AUS experience
  • Working knowledge of "DataTrac" is a plus
  • Strong organizational and analytical skills
20

Junior Underwriter Resume Examples & Samples

  • Independently manage revolving pipeline of up to 50 loans while meeting multiple deadlines
  • Maintain individual production level of 150 loans sold each month
  • Clear suspense conditions placed on file by investors for purchase
  • At least 2 years mortgage industry experience and comfort level with any of processing, underwriting, closing, and compliance; well-rounded background a plus; college degree a plus
  • Microsoft office/data entry/PC skills, typing speed at least 40 words/minute; prior Encompass experience a plus
  • Ability to work 40 hours per week in corporate office
  • General knowledge of agency and investor guidelines and familiarity with loan documentation; ability to read and interpret guidelines
  • High degree of individual work-ethic, but also the willingness to work with a team
  • Passion for critical thinking, problem-solving, proactivity, attention to detail, and follow up
  • Strong communication and persuasive skills, clear and concise communication evidencing logical thinking; comfortable with professional debate
  • Time management: ability to prioritize and manage work flow based on multiple factors and deadlines
  • Willingness to learn beyond role-defined responsibilities
21

Junior Underwriter Resume Examples & Samples

  • Submission data analysis, compiling missing information underwriters need to seek from broker
  • Assist with management of timelines and process for quoting and authorizing on programs
  • Assist with creating underwriting summaries
  • Assist in contract and endorsement wording reviews
  • Assist in monitoring accountings, ensuring we are current with premium payments and reported losses
  • Assist with final processing of placement including internal booking of contracts, assist in processing endorsements, cancelations, PNOCs and final signings of contracts
  • Bachelor’s Degree is required
  • Ability to analyze client risk and develop understanding of Everest Underwriting Guidelines
  • Develop a strong understanding of contracts that ensures the terms and conditions of placement are accurately reflected in the wording, and be able to address concerns that might be unfavorable to Everest Re
  • Strong communication and relationship building skills, working internally with underwriters, and other departments including Cat modeling, Actuarial, Claims and Accounting, and externally with brokers and Clients
  • Organizational skills with a close attention to deal
  • Strong computer skills, particularly Microsoft Office (Excel, Word, PowerPoint)
  • Strong math, verbal and writing skills
  • Ability to prioritize workload according to volume and urgency
22

Junior Underwriter Resume Examples & Samples

  • Process daily loans for underwriting that have been assigned by the Underwriting Manager, Assistant Underwriting Manager or Team Lead
  • Prioritize files in order to meet department turn times
  • Train to underwrite appraisals and clear conditions on files that have been previously reviewed by an Underwriter
  • Possess strong organizational skills and be able to multi-task effectively
  • Monitor deadlines identified by Underwriting Managers for actions necessary when conditions exist
  • Clear the conditions and approvals indicated by the Underwriter based on their level of authority
  • Initiate phone calls with Loan Processors or Mortgage Loan Originators to discuss loan files and conditions
  • Maintain frequent contact with the Processors, LO’s and Branch Managers, must possess strong written and verbal skills in order to effectively communicate
23

Junior Underwriter Commercial Real Estate Resume Examples & Samples

  • Performs financial statement analyses, typically involving various complex and interlocking relationships
  • Inform Loan Officers of relevant trends of specific loans, portfolios or industries
  • Bachelor’s degree (BA) from a four (4) year college or university, and a minimum of 1 year or more related experience and/or training; or the equivalent combination of education and experience
24

Junior Underwriter, Mortgage Creditor Resume Examples & Samples

  • Assess applications for Life and Disability, up to authority level, within published service standards
  • Analyze and interpret medical information according to company philosophy
  • Build and maintain strong service-oriented customer and TPA (Third Party Administrator) relationships
  • Develop and maintain positive, co-operative working relationships within Underwriting, New Business and other departments including Claims, Broker Support and Customer Service
  • Working with an automated rules-based environment
  • Daily generation of workload distribution and weekly reporting
  • Engage in telephone contact with customers and other departments to expedite file handling
  • Work closely with the claims team to handle rescission cases
  • Work closely with Senior Underwriters and Consultants
  • Very good decision-making skills
  • Extensive knowledge of medical impairments that could impact mortality and morbidity
  • Very good time management skills
  • Very good verbal and written communication skills
  • Very good customer service and listening skills
  • Ability to work in high volume and fast-paced environment
  • Proficient in Lotus Notes, Microsoft Word, Excel
  • Actively participate in department meetings and case clinics
  • Availability to work overtime when required during peak volumes
25

Junior Underwriter Resume Examples & Samples

  • Assist Surety Underwriter for all surety documentation including but not limited to financial analysis reports, credit submission and renewals, indemnity agreement setup, risk aggregation reports, management reporting to ensure accuracy and completeness
  • Prepared Credit analysis and the preparation of credit proposals on timely basis
  • Actively be involved in marketing from producer exploration to business development and client maintenance
  • Assist to review all contract wording (especially in Spanish) including identifying any unusual or controversial clauses contained therein
  • Knowledge of Accounting & Finance is a prerequisite - financial & credit analysis
  • Ability to understand and analyze Spanish contract