Underwriter Job Description Sample
This underwriter job description template is intended to be used as a customizable, search-optimized template to help you find qualified loan underwriters. Follow the structure provided and revise each paragraph and list with specific information about your company and the position for which you are hiring. You can find more examples by looking through our current underwriter job listings.
[Intro Paragraph] We recommend starting your underwriter job description with a brief, 2-3 introductory paragraph, giving candidates some general information about your company. This is a great place to communicate the value your company provides to employees and make a strong first impression on job seekers. Get a little creative and give candidates a reason to be excited about this role.
Underwriter Job Responsibilities:
- Analyze financial data related to loan requests.
- Evaluate loan documents are to insure accuracy and completeness.
- Perform risk assessments on potential loan recipients based on credit rating, borrowing history, and other specific risk factors.
- Record loan denials and specific basis for declining application.
- Monitor and report noncompliance with loan covenants.
- Maintain client relationships and provide superior customer service.
- Assist with technical underwriting issues and questions.
- Review loan documentation and vendor reports to identify signs of fraudulent activity.
- Develop and implement underwriting policies and procedures.
[Work Hours & Benefits] We suggest adding a paragraph here discussing the working hours and benefits for the position. This will help motivate candidates to keep reading while also giving you a chance to highlight some of the noteworthy benefits and perks your company provides to employees such as paid time off, tuition reimbursement, or employee stock purchase plans. You should also mention any special working hours considerations for the position, such as frequent overnight travel or seasonal overtime requirements.
Underwriter Qualifications / Skills:
- Applied knowledge of underwriting fundamentals and standard industry practices
- Understanding of basic financial principles and processes
- Knowledge of federal, state, and local regulatory requirements
- Ability to maintain confidentiality
- Strong analytical skills and attention to detail
- Excellent communication and negotiation skills
- Ability to multitask and work under pressure to meet strict deadlines
Education and Experience Requirements:
- Bachelor’s degree in Business, Finance, Accounting or a related field
- 3-5 years of underwriting or credit and risk analysis experience
- Experience with underwriting automation tools preferred
- Demonstrated proficiency with Microsoft Office (Excel, Outlook)
[Call to Action] You will want to finish your underwriter job description with a strong call to action, providing loan underwriter candidates with specific instructions on how best to apply for the position being advertised. Adding a call to action will increase the response rate for your job posting and eliminate any confusion regarding how to apply. For example, you can tell candidates to submit a resume to a specific email address or to click the button marked “apply” located at the top of the page.
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