Average Assistant Underwriter salary in the UK

We are seeking experienced Mortgage Underwriters to join a super client based in Surrey. You will be working within the BTL market and applicants must have strong experience within complex and portfolio BTL, Ltd Company, SPV etc.You will be tasked with assessing loan applications to ensure that all relevant documentation is received and reviewed, and that eligibility is checked against company standards and criteria.Key responsibilities include: Undertake appraisal of applications received and submit recommendations, as to underwriting checks to be undertaken, to either the Assistant Manager or Head of Loans UnderwritingCase ownership from Application through to Offer. Drive application to offer times by tracking the mortgage pipeline within the SLAProduce Loan Offers in compliance with the Lending Policy and laid down procedures, for submission to and approval by the Assistant Manager/Head of Loans Underwriting The salary for this Mortgage Underwriter role is to £40,000 with benefits including annual company bonus, pension, life and health benefits and career and study support. Although you will be required to attend HO in Epsom for initial mandate training, hybrid working will be available once completed allowing 4 days pw WFH.

We are seeking experienced Mortgage Underwriters to join a super client based in Surrey. You will be working within the BTL market and applicants must have strong experience within complex and portfolio BTL, Ltd Company, SPV etc.You will be tasked with assessing loan applications to ensure that all relevant documentation is received and reviewed, and that eligibility is checked against company standards and criteria.Key responsibilities include: Undertake appraisal of applications received and submit recommendations, as to underwriting checks to be undertaken, to either the Assistant Manager or Head of Loans UnderwritingCase ownership from Application through to Offer. Drive application to offer times by tracking the mortgage pipeline within the SLAProduce Loan Offers in compliance with the Lending Policy and laid down procedures, for submission to and approval by the Assistant Manager/Head of Loans Underwriting The salary for this Mortgage Underwriter role is to £40,000 with benefits including annual company bonus, pension, life and health benefits and career and study support. Although you will be required to attend HO in Epsom for initial mandate training, hybrid working will be available once completed allowing 4 days pw WFH.

Job Title: Mortgage Underwriter Location: Watford Salary: Competitive and based on experience Hours: Monday to Friday 9 am to 5:30 pm Benefits: Contributory Pension schemePrivate Medical HealthcareLife AssuranceDental PlanFree eye testsAnnual leave purchase schemeSocial eventsRefreshments25 days annual leave with bank and public holidays on topPerk boxSuperb development opportunities About our Client: Our esteemed client is a distinguished specialist lender, renowned as one of Europe's most rapidly advancing leaders in property finance and specialised lending. With a results-driven mindset, they consistently strive to exceed expectations and deliver outcomes that go above and beyond with the customer always in mind. Demonstrating their commitment to fostering a vibrant work environment, they have made substantial investments in their office space, ensuring it serves as an optimal setting for their dedicated staff to not only work but also thrive. They have a sun terrace with a pergola and seating, an atrium breakout space, a coffee point, 72 new cycle storage points and changing facilities. This forward-thinking company has expanded its Learning and Development function. This expansion shows their dedication to enhancing the skill sets of their valued team members. The commitment to supporting their employees' educational pursuits is evident in their generous backing of CeMap study. Beyond professional development, they actively promote a positive workspace by organising regular social events and embracing dress-down Fridays. About the role: This job opportunity is ideal for an underwriter with prior experience in a brokerage or packaging setting, eager to refine their skills within a mortgage lending environment. Additionally, seasoned residential or 2nd charge underwriters from lending institutions seeking advancement opportunities will find this position appealing, particularly if they aspire to grow into leadership roles.You will be required to take ownership of allocated cases from inception through to completion.The salary is negotiable based on the level of experience. Responsibilities: Enter and update borrower data on the lending platform.Ensure all aspects of the loans are recorded accurately on the CRM and meet underwriting guidelines.Assess the mortgage application to ensure all aspects of our underwriting criteria are met.Provide concise and accurate updates to brokers.Proactively chase brokers for outstanding requirements.Ensure all underwriting is in line with Company policy and within regulation.Ensure that all cases are Underwritten within the group's Risk appetite.Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.Maintaining a pipeline of cases, overseeing cases from inception through to completion.Maintain broker relationships that are integral to the growth Experience required: Experience gained in residential or second-charge mortgage packaging or underwritingAble to work in a fast-paced environmentBe results-drivenHave good problem-solving skills Trusting Stellar Select: At Stellar Select, our commitment goes beyond recruitment; it's about crafting experiences that elevate your career journey. We take pride in delivering excellent services to our candidates and always going the extra mile to ensure your success. Our foundation is built on openness and transparency. We believe in clear communication with everyone we work with, fostering an environment of trust, honesty and fairness. Embark on your career journey with confidence, knowing that our services are designed with your success in mind. Here's what our complimentary service includes: Expert Consultants: We are your allies, dedicated to understanding your goals and guiding you toward success. Industry Expertise: Benefit from our in-depth knowledge of the industry, providing you with insights that set you apart in your career. 1-2-1 Experience Discussion: Your experiences matter. Engage in personalised discussions about your journey and how it aligns with the job role. Interview Preparation: Step into interviews with confidence. We provide thorough preparation to ensure you shine in every interaction. Negotiation of Job Offers: We'll manage the negotiations on your behalf, aiming for offers that align with your expectations. Market Insights: Stay informed with the financial market insights that empower you to make informed career decisions. Recruitment Process Updates: No more uncertainty. We keep you in the loop with regular updates on your recruitment process. Matching to Other Roles: Your journey doesn't end with one opportunity. We explore matches to other roles based on your experience and interests. Referral Programs: Spread the word and be rewarded. For more information regarding the role of Mortgage Underwriter please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC