
Underwriter
3 days 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
**Speak with the employer**
+91 9979650294
-
Underwriter
2 days ago
Powai, Mumbai, Maharashtra, India O3Hire Full timeAnalyze client profiles, financial data, and third-party reports to make informed underwriting decisions - Set coverage limits, exclusions, and premium rates in alignment with company guidelines - Collaborate with actuaries, claims analysts, and sales teams to ensure balanced risk and profitability - Draft and issue policy documents, endorsements, and...
-
Underwriting
2 weeks ago
Mumbai, Maharashtra, India Harjai Computers Private Limited Full timeHello Everyone, Greetings for the Day!! Hiring for Underwriting Skills Required: Health insurance, general insurance, group underwriting Experience: 2.5years Location: thane Notice Period: Immediate Work Mode: Work From Office Know anyone who might be interested? Please refer this post to someone who is actively looking for change. **Salary**:...
-
Medical Underwriter
2 days ago
Mumbai, Maharashtra, India Visit Health Pvt LTD Full time**Job Title: Medical Underwriter (On-site)** **Location: Thane, Maharashtra** **Duration: Contractual** **Salary: ₹60,000 - ₹75,000 per month** **Joining: Immediate** **Job Overview**: **Key Responsibilities**: - Analyze medical reports, diagnostic tests, and case histories to determine risk exposure. - Make underwriting decisions based on...
-
Underwriter
5 days ago
Powai, Mumbai, Maharashtra, India AJP Consultancy Full timeDesirable Qualification: Graduate (Post Graduate will be advantage) New Business Underwriting Coordination with sales for login & issuance. Pre-login verification of cases Follow up & Coordination with insurers Maintenance of Login & issuance MIS Assessment of risk as per company's philosophy & supporting guidelines. Ensure consistence implementation...
-
Medical Underwriter
5 days ago
Mumbai, Maharashtra, India INCHES Healthcare Full time**Experience**: 0-2 Y**: **Location**: Mumbai**: **Job description**: Underwriting Management: - Underwriting cases at an average of 30 medical or 45 non - medical cases per day. Performing QC at an average of 50 medical and 65 non - medical cases per day. Scrutinize all documents for completeness and check the supporting evidences. Carry out risk...
-
Underwriter
4 days ago
Powai, Mumbai, Maharashtra, India SaffronBizz Solutions LLP Full timeWe have an excellent opportunity for the profile of **Underwriter.** **Qualification**: Graduation **Experience**: 5+ years **Location**: Powai - Preparation of SME (Fire / Burglary, IAR / GMC quotes) - Issuance of Policy through various portal of insurance company - Policy Audit Pay: ₹30,000.00 - ₹50,000.00 per month Schedule: - Day...
-
Underwriter, Construction
1 week ago
Mumbai, Maharashtra, India AXA XL Full timeUnit No. 608, A Wing, 6th Floor, INS TOWER, C-63, G Block., MUMBAI, IN, 400051 - UNDERWRITING - 8370 - Band C - Samantha Seng **Construction Underwriter** **XLICSE, India Reinsurance Branch** Mumbai, India XLICSE is an Ireland domiciled insurer with branches throughout the EU, as well as Australia, Hong Kong, Singapore, Malaysia and India. It primarily...
-
Insurance Underwriter
2 days ago
Mumbai, Maharashtra, India Serving Skill Full timeSkills : Marine underwriter, Marine underwriter, General Insurance, Commercial underwriting, commercial underwriter Job Description: To review quotes received from Zonal offices.by carrying out a comprehensive analysis of the portfolio of the client and discuss them with Marine Incharge. Send responses to Zonal offices in a timely manner. Monitoring of IC...
-
Underwriter, Construction
1 week ago
Mumbai, Maharashtra, India AXA Full time**Job Description**: **Construction Underwriter** **XLICSE, India Reinsurance Branch** Mumbai, India XLICSE is an Ireland domiciled insurer with branches throughout the EU, as well as Australia, Hong Kong, Singapore, Malaysia and India. It primarily writes property, engineering, financial lines, casualty and specialty insurance and facultative reinsurance...
-
Underwriter - Insurance
2 weeks ago
Mumbai, Maharashtra, India Serving Skill Full time**What is underwriting?** Process of selecting, classifying, analyzing and assuming risk according to insurability. Underwriting of a risk involves consideration of material facts on the basis of which a decision will be taken whether to accept the risk and if so at what rate of premium **Role of underwriters.** Underwriters are needed to identify and...