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The Copley Consulting Group

Underwriter

Career Insights for Insurance Underwriter (General)

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What they do

An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.

$87,796 / year median in New Jersey

-9% projected decline

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Job Description

We are seeking a detail-oriented and analytical Underwriter/Processor to support Merchant Cash Advance (MCA) operations. This role is responsible for evaluating financial data, assessing credit risk, and underwriting small business funding applications. This job will have the following responsibilities: Review and analyze merchant applications and financial documents Conduct cash flow analysis and credit risk assessments Underwrite MCA deals using financial modeling and forecasting Evaluate risk while structuring and negotiating deal terms Prepare financial summaries to support decision-making Utilize financial tools for data analysis and reporting Monitor portfolio performance and flag potential risk or fraud Partner with sales teams to support deal flow and approvals Maintain accurate documentation in line with compliance standards
Qualifications & Requirements:
1+ year of Merchant Cash Advance (MCA) underwriting experience required Experience in underwriting, credit analysis, or financial services #jdp