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.
Home Improvement Lending Processor/Jr. Underwriter Shoreham Bank - 4.0 Warwick, RI Job Details Full-time From $50,000 a year 3 hours ago Benefits Health insurance Dental insurance 401(k) Flexible spending account Tuition reimbursement Paid time off Employee assistance program Vision insurance 401(k) matching Flexible schedule Life insurance Retirement plan Qualifications Microsoft Outlook Underwriting Customer service Databases High school diploma or GED Attention to detail In-home experience Loan processing Full Job Description The Home Improvement Lending Processor/Jr. Underwriter ensures that approved home improvement loan applications are underwritten in a timely manner, meeting all regulatory requirements. Essential Job Functions Review loan applications for accuracy, compliance and completeness. Verify information presented at time of application. Inform sales reps on the progress of the loan. Establish, maintain and update files, databases and records for reporting. Provide support on completing loan documents. Utilize existing procedures to solve routine or standard problems. Utilize resources to develop knowledge of policies and procedures. Perform other duties as assigned. Desired Qualifications & Skills (While these skills are preferred, we value attitude and potential and we are willing to train the right candidate.) One year processing and/or underwriting experience in personal, home improvement or auto lending At least two years customer service experience A familiarity of a financial institution's products and services Working knowledge of lending products, services and processes Attention to detail and a commitment to high accuracy across all tasks Ability to multi-task and work with a sense of urgency in a high volume and sometimes stressful work environment Proficiency in MS Office applications (Word, Excel and Outlook) and multiple software used to perform duties Equal Employment Opportunity Shoreham Bank provides equal employment opportunities, without discrimination because of race, color, religion, creed, sex, sexual orientation, gender identity or expression, pregnancy, marital status, age, national origin, citizenship, handicap or disability, veteran or military status, political beliefs, victim of domestic violence status, familial status, or predisposing genetic characteristics or status, or any other status protected by federal, state, local or other law.
Job Type:
Full-time Pay:
From $50,000.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Flexible schedule Flexible spending account Health insurance Life insurance Paid time off Retirement plan Tuition reimbursement Vision insurance
Education:
High school or equivalent (Preferred)
Experience:
loan processing: 1 year (Preferred) underwriting: 1 year (Preferred)
