Team Lead- Underwriting

1 day ago

Pune, Maharashtra, India Mphasis Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Team Leader
-
Underwriter
Digital Risk's mission to Make
Mortgages Safe
?relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients.

Digital Risk's 1,500+ team members make us one of the largest mortgages outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators.

Position Overview
The Underwriter's primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. ?Additional responsibilities include entering data into the client's loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval.? ?Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.

Essential Job Functions

  • ?Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
  • ?Utilize client's loan operating system to ensure accurate data entry
  • ?Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
  • ?Evaluate and ensure overall loan documents are accurate, complete, and compliant
  • ?Ability to identify and/or clear red flag or s
  • ?Issue loan decision and condition file accordingly
  • ?Review and approve conditions for compliance and completion of loan file
  • ?Provide excellent customer service to internal and external clients
  • ?Maintain current knowledge of client and investor requirements
  • ?Resolve pre- and post-closing issues as they relate to underwriting
  • ?Assist Processors/Loan Officers in understanding underwriting decisions and conditions
  • ?Must be able to work in a high stress environment while delivering a high-level ?of customer service
  • ?Ability to work more than 40 hours, on an as needed basis

Requirements

  • ?Minimum 5+ years current ?conventional mortgage loan underwriting experience

o?Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags

o?Basic knowledge of appraisal and ability to recognize red flags and ineligible properties

  • ?Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)
  • ?Strong analytic, interpersonal, and verbal and written communication skills
  • ?Detail-oriented with strong ability to time manage
  • ?Ability to work in a flexible and production-oriented environment
  • ?Must be willing and able to work as part of a team
  • ?Strong capability to work in multiple systems - paperless environment
  • ?Must be willing to work in strict security environment
  • ?NMLS-MLO Licensure preferred
  • ?Candidates must be available to work outside of normal business hours when necessary

  • Senior Underwriter

    2 weeks ago

    Pune, Maharashtra, India The HIRD Full time

    We're Hiring: Live / End-to-End UnderwriterAre you an experienced Underwriter looking to grow your career in a dynamic, fast-paced environment? We're on the lookout for a professional with 3.5+ years of relevant experience to join our team in Pune (UK Shift). Role: Underwriter (Live / End-to-End) Experience: 3.5+ years (relevant underwriting experience is...

  • Senior Underwriter

    2 weeks ago

    Pune, Maharashtra, India The HIRD Full time

    We're Hiring: Live / End-to-End UnderwriterAre you an experienced Underwriter looking to grow your career in a dynamic, fast-paced environment? We're on the lookout for a professional with 3.5+ years of relevant experience to join our team in Pune (UK Shift). Role: Underwriter (Live / End-to-End) Experience: 3.5+ years (relevant underwriting experience is...

  • U.K Mortgage Underwriter

    4 weeks ago

    Pune, Maharashtra, India Selections HR Services Private Limited Full time

    We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards. Shift & Working Days: Shift: U.K...

  • Underwriter Health Insurance

    2 days ago

    Pune, Maharashtra, India Valorcrest Solutions Full time ₹ 2,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesThe Underwriter is responsible for evaluating and analysing the risks involved in Health insurance proposals-Group Mediclaim; Group Personal Accident; Workmen Compensation; Group Term Insurance etc.They ensure sound underwriting practices while working closely with insurers and clients tosecure optimal coverage and terms.Key...

  • Retail Underwriting Manager

    3 weeks ago

    Pune, Maharashtra, India Sbi General Insurance Full time

    Job DescriptionRole & Responsibilities:- Risk analysis and evaluation of retail health proposals, including personal accident and travel proposals.- Underwriting of proposals within TAT (Turnaround Time).- Evaluation of proposals according to underwriting guidelines.- Processing of non-disclosure and fraud cases.- Uploading and downloading of portability...

  • Manger Product and Underwriting

    2 days ago

    Pune, Maharashtra, India Bajaj Allianz General Insurance Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role DescriptionThis is a full-time on-site role for a Manager ofGeneral Insurance Product and Underwriting, located in Pune. The role involves managing and developing insurance products, conducting underwriting assessments, ensuring compliance with regulatory practices, and collaborating with various teams to optimize products and services. The Manager will...

  • Team Lead – Appointment Generation

    2 days ago

    Pune, Maharashtra, India Only B2B | Lead Generation & Marketing Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    Company DescriptionOnly B2B is a globally trusted ISO-compliant demand generation company that provides intelligent strategies for lead generation and demand generation. Our experts utilize the latest and most sophisticated methods to generate warm, qualified sales leads, supporting your sales and marketing teams. We aim to nurture these leads into...

  • Assistant Manager Commercial Underwriting

    4 weeks ago

    Pune, Maharashtra, India Bajaj Allianz General Insurance Company Limited Full time

    Job DescriptionJob Description :1. Risk Assessment and UW- Implementation and monitoring of various underwriting guidelines related to Commercial products.- Main accountability includes Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions etc.), Renewal business, etc. within the purview of...

  • Manager - US Life Insurance Underwriting

    6 days ago

    Pune, Maharashtra, India ALLIANZ SERVICES PRIVATE LIMITED Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Designation: Manager - US Life Insurance UnderwritingExperience: 10+ yearsJob Location: Allianz Services, PuneJob Description:Must HaveExperience in managing a medical underwriting team for a US life insurerKnowledge of end to end medical underwriting guidelines for a US Life insurer will be preferredHandled teams with a minimum team size of 10 to 30...

  • Team Leader

    3 days ago

    Pune, Maharashtra, India Team Computers Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    We have excellent opening for the position of Team Lead. (Sr. Desktop Engineer)Qualification: Any graduateExperience: 4 to 10 YrsJob Location: Pune (Pimpari)JD as followsPreparation of Daily Client reports & Application Outage communications.IT Service Management (ITSM) based on ITIL best practices.ITIL V3 Service Strategy, Service Transition, Service...