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Trainee Underwriter
  • United Kingdom - Essex - Burnt Mills Industrial Estate -
1 year ago
£19000 - £20000 Per year
Underwriter
Permanent,Full-time
Job Description

As our Trainee Underwriter your responsibilities will involve:

  • Underwriting new applications in line with credit risk policy and individual mandate level
  • Taking responsibility and manage applications from point of application to completion
  • Making underwriting recommendations to line manager where mandate level is exceeded.
  • Assessing customers’ background, credit report and financial status, including an affordability assessment
  • Ensuring that applications are processed within set service standards and in line with key performance indicators
  • Adhering to internal underwriting policy and regulatory requirements, FCA guidelines, Money Laundering, prevention of Financial Crime, data protection etc.
  • Updating spreadsheets
  • Working emails
  • Producing contracts, ensuring accuracy of information.

Required Knowledge, Skills, and Abilities

Key skills for the role include:

  • Excellent communication skills both written and verbal
  • Good time management skills
  • Ability to work in a fast-paced environment and well under pressure
  • PC Literate with Microsoft Office/Excel/Teams
  • High attention to detail
  • Ability to work as part of a team as well as independently

Reference no: 101017

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