Underwriter
5 months ago
Job Overview:
The Conventional Underwriter plays a pivotal role in the meticulous review, conditioning, and underwriting of mortgage loans, ensuring adherence to established policies, procedures, and relevant guidelines. The incumbent scrutinizes all documentation for accuracy and completeness.
Key
**Required Skills**:
Looking for 4+ years of Experience.
Proficient in Income Calculation and Debt-to-Income (DTI) Ratio Calculation.
Expertise in the 4C's framework (Credit, Capacity, Collateral, and Capital).
Familiarity with Credit Report Analysis & LOX (Letter of Explanation).
Knowledgeable about Credit Bureaus, Documents required for loan approval, and various account types.
Job Roles and Responsibilities:
Evaluate all essential loan data, reports, and inspections to ensure that the collateral aligns with investor and company acceptability standards.
Demonstrate proficiency in Lending & Underwriting Guidelines, Credit & Income Analysis, Cash Flow Analysis, Risk Assessment, Loan-to-Value Ratios, and Debt-to-Income Ratios.
Review all documents related to the borrower’s Credit, Capacity, Collateral, and Capital.
Calculate assets required for closing and reserves as per guidelines.
Make independent decisions regarding loan acceptance and risk, in accordance with HUD, company, and investor guidelines.
Provide final approval underwriting for mortgage loans.
Complete all necessary paperwork and forms promptly and accurately, preparing required documentation.
Expedite sign-off on conditions within the timeline set by management.
Collaborate with staff and management to find solutions for escalated loans.
May be tasked with making recommendations to improve Internal Audit’s policies and practices.
Manage loans using all functions of Encompass.
Effectively communicate underwriting decisions with processors and advisors.
Maintain a high level of customer service and communication with other departments.
Undertake any other duties as assigned.
Qualification & Experience:
Degree or Equivalent
Minimum of 4 years of experience in conventional/government end-to-end underwriting.
Proficient in all 4C’s of Underwriting (Asset, Income, Credit, and Collateral).
Familiarity with the US Mortgage Process (Night Shifts only).
Hybrid work environment.
**Salary**: ₹1,000,000.00 - ₹1,200,000.00 per year
Work Location: In person
-
Underwriter
5 months ago
Coimbatore, Tamil Nadu, India VARITE INDIA PRIVATE LIMITED Full time**Company Name**: VARITE India Private Limited **About The Client**: Moder formerly known as Archwell Operations is a part of Archwell Holdings founded in 2017. We are a tech forward outsourcing company specializing in supporting the US Mortgage, Insurance, and Banking industries. We specialize in end-to-end component-based outsourcing, managing one-off...
-
Underwriter (Insurance) Domain
2 weeks ago
Gandhipuram, Coimbatore, Tamil Nadu, India Link K Insurance TPA Pvt Ltd Full time**Risk Assessment**: - Analyze financial statements, risk reports, and other relevant documents to determine the level of risk. - **Policy Development**: - Develop and implement underwriting guidelines, standards, and procedures. - Ensure that policies align with regulatory requirements and company objectives. - **Decision Making**: - Make informed...
-
Underwriter (Insurance) Domain
3 weeks ago
Bharathi Colony, Coimbatore, Tamil Nadu, India Link K Insurance TPA Pvt Ltd Full time**Key Responsibilities**: - **Risk Assessment**: - Analyze financial statements, risk reports, and other relevant documents to determine the level of risk. - **Policy Development**: - Develop and implement underwriting guidelines, standards, and procedures. - Ensure that policies align with regulatory requirements and company objectives. - **Decision...
-
Us Mortgage Underwriting
5 months ago
Chennai, Tamil Nadu, India Saaki Argus & Averil Consulting Full timeAbout Client - A leading Mortgage Company **Skills**: - End - End core underwriting Experience. - 4C’s of underwriting. - Should have experience in conventional, FHA and VA loan products. - 2c’s experience can be considered for component underwriting. **Exp**:3 to 6 Years. **Underwriting: (Live Underwriting / Modular Underwriting / Component...
-
Underwriter
5 months ago
Chennai, Tamil Nadu, India Policynation Full time**Roles & Responsibilities**: - Underwriting of risks under various property products (Fire, Engineering, Property, Liability, Health and Misc. products). - Getting Best Quotes from the insurers - Reviewing of RFQ, managing quotes and approvals and preparing RFQ based on the requirement and sending to insurer - Understanding the requirement of client from...
-
Medical Underwriter
5 months ago
Chennai, Tamil Nadu, India Inventiway Solutions Full time**Duties & Responsibilities**: 1) Managing the underwriting team deliverables 2) Managing departmental TAT, distribution, consultants, new resource on boarding 3) Spearheading projects & taking initiatives to improve term performance parameters like throughput, tat, quality etc. 4) Driving team members to meet the functional objectives 5) Manage...
-
Insurance Underwriter
4 weeks ago
Chennai, Tamil Nadu, India Ideassion Technologies Solutions Full timeJob Title: Insurance Underwriter Location: Chennai **Company Profile**: At Ideassion,we work towards providing such services, but involve creativity to make it unique, meeting the demands of our clients in a way that fits the changing digital landscape A team of Tech Savvy individuals who love to learn, collaborate and specialize in all things digital. We...
-
Retail Health Underwriter
7 months ago
Chennai, Tamil Nadu, India bajajallianz Full time**Risk Management** - Assess risk parameters associated with various health products as per defined underwriting guidelines to ensure coverage of future liabilities and minimization of loss ratios for BAGIC’s retail health and PA business - Provide underwriting inputs for the allocated cases in the scrutiny policy processing module - Support the team in...
-
Underwriting Administrator
5 months ago
Chennai, Tamil Nadu, India QRight Solutions Full time**DESCRIPTION**: The Due Diligence Underwriter will be responsible for assessing residential mortgage loans for adherence to investor criteria including but not limited to those criteria stipulated by the nationally recognized statistical rating organizations for third party review of residential mortgage loans. This assessment will encompass aspects of data...
-
Underwriting Assistant
5 months ago
Chennai, Tamil Nadu, India QRight Solutions Full time**DESCRIPTION**: The Due Diligence Underwriter will be responsible for assessing residential mortgage loans for adherence to investor criteria including but not limited to those criteria stipulated by the nationally recognized statistical rating organizations for third party review of residential mortgage loans. This assessment will encompass aspects of data...
-
Us Mortgage-underwriter
5 months ago
Chennai, Tamil Nadu, India Ara resources Full time**About The Company**: Mphasis is a leading IT solutions provider, offering Applications, Business Process Outsourcing (BPO) and Infrastructure services globally through a combination of technology knowhow,domain, and process expertise. The accolades Mphasis has been garnering can be attributed to their undeterred focus in delivering quality solutions across...
-
Mortgage Underwriter
5 months ago
Chennai, Tamil Nadu, India Openings Advisory Firm Full time**Location**: Chennai **Work Mode**: Work from Office **Experience**: 3+ years **Qualification**:Any Graduate **Work Timings**: US Shift **Notice**: Immediate Joiners Preferred - JOB DESCRIPTION: **Key Responsibilities**: **Essential duties shall include but not necessarily be limited to**: - **Loan File Inventory**:ensuring residential mortgage loan...
-
Mortgage Underwriter
5 months ago
Chennai, Tamil Nadu, India OAF Global Private Limited Full time**Roles & Responsibilities**: **Essential duties shall include but not necessarily be limited to**: - **Loan File Inventory**:ensuring residential mortgage loan packages contain all necessary documentation required to formulate a complete assessment. - **Credit Review**:assess all elements of the credit decisioning process undertaken to approve the loan...
-
Insurance Underwriter
5 months ago
Taramani, Chennai, Tamil Nadu, India Policynation Full time**Roles and Responsibilities**: - Preparing and reviewing RFQ, managing quotes for all Insurance Products. - Understanding the requirement of client from Client servicing / sales team - Preparing comparative of quotes for different insurers and covers. - Finalizing the quotation after discussion with Client servicing / sales team by coordinating with...
-
Insurance Underwriter
5 months ago
Taramani, Chennai, Tamil Nadu, India Policynation Full time**Roles and Responsibilities**: - Preparing and reviewing RFQ, managing quotes for all Insurance Products. - Understanding the requirement of client from Client servicing / sales team - Preparing comparative of quotes for different insurers and covers. - Finalizing the quotation after discussion with Client servicing / sales team by coordinating with...
-
Underwriter (Us Res Mort)
5 months ago
Chennai, Tamil Nadu, India QRight Solutions Full time**Designation **:Underwriter (Exec / Sr Exec / SME / Lead) **Education **:Any Graduate / Post Graduate **Experience **:2 - 10 years of **US Residential Mortgage Pre and Live Underwriting** exp. **Working hours **:7:30 pm - 4:30 am IST (100% Work from Office at Chennai) **Roles & Responsibilities**: - Pre Underwriting - Live Underwriting - Loan File...
-
Loan Origination/ Pre-underwriter
2 months ago
Chennai, Tamil Nadu, India HIRD Services Pvt ltd Full timeHaving sound knowledge in Originations, especially in underwriting, Pre - underwriting and Pre-Closing QC Compute income and debt ratio calculations following program guidelines and ability to repay requirements Expertise in compliance, TRID guidelines (fees) Perform mortgage credit analysis without the assistance of AUS Maintain production goals &...
-
Underwriter - Property, Liability, Marine, Sme
5 months ago
Chennai, Tamil Nadu, India SUNSUS Amalgamations Full time* 3-5 yrs in General Insurance without Break - Knowledge of underwriting of Non-EB products like, Fire, Marine, Liability lines with exposure in Back office process. - Interacting with Insurance companies on Quotation/Endorsements/Declarations **Job Types**: Full-time, Permanent Pay: ₹800,000.00 - ₹1,000,000.00 per year **Benefits**: - Health...
-
Motor Underwriter
5 months ago
Chennai G.P.O, Chennai, Tamil Nadu, India Platinum Insurance Broker L.L.C Full time**Job Title: Motor Underwriter** **Company**: Platinum Insurance Brokers LLC **Location**: Permanent Work From Home (Based in India) **About Us**: Platinum Insurance Brokers LLC is a leading insurance brokerage firm based in Dubai, UAE. We specialize in providing exceptional insurance solutions to our clients, ensuring their peace of mind and financial...
-
Us Mortgage Core Underwriter
5 months ago
Chennai, Tamil Nadu, India HIRD Services Pvt ltd Full timeAbility to manually underwrite complex transactions to ensure the loan meets established guidelines. - should have experience in mortgage insurance guidelines - Underwriter should have the ability to read the guidelines to determine whether each loan meets the requisite guideline as specified by the Client. - Should know how to run the AUS and verify the...