Average Property Underwriter salary in the UK

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

Job Title: Credit Underwriter Location: Fleet with some flexibility to work from home up to 2 days a week once probation is passed Salary: Up to £45,000 depending on experience Hours: 35-hour week, Monday to Friday, 9 am to 5 pm Benefits: Private Medical Insurance through AXA Health11% non-contributory pension scheme with the option for salary sacrificeEnhanced Maternity, Paternity and Adoption payLife AssuranceIncome ProtectionEmployee Assistant ProgrammeExtensive Learning and Development opportunities2 days of paid volunteering each yearElectrical Vehicle Salary Sacrifice Scheme About the role of Credit Underwriter Our client is a Specialist Mortgage Lender who has a great opportunity available for a Credit Underwriter to join their Credit Risk team. The successful candidate will be providing vital support to all areas of the business, from criteria, property queries, title issues, tracing customers, and Suspicious Activity Reports to fraud. You will be a point of referral on complex cases from around the business, as to whether the company can consider an application. To accurately analyse and understand key elements of all mortgage applications, whilst ensuring adherence to all policies or where the case is of good quality but outside policy recommend to our funders as an exception for all approval. Also, help to protect the Company from the risk of fraud by using anti-fraud systems such as CIFAS and SIRA to investigate and act upon information received in a timely manner. Responsibilities for the position of Credit Underwriter To manually underwrite portfolio and complex BTL cases.To recommend portfolio and complex BTL cases to Funder.To assist in maintaining and updating the lending policy, by researching, and recommending policy changesDevelop and maintain cooperative relationships between all internal stakeholders, including Underwriting and Sales teams, and investigate all referrals professionally.Work Fraud systems such as CIFAS, SIRA & Hunter to mitigate potential lossesTo investigate suspicious alerts identified by fraud prevention systems.Exercise personal lending discretion when assessing exceptions.Carrying out Broker reviews, liaising with sales before removal of a BrokerTo assist in preparing Management Reports, ensuring they are prepared in time for Exco or Credit Committee meetings Experience required for the position of Credit Underwriter Current or previous experience working within the mortgage industry with a strong mortgage underwriting background, preferably with at least 5 years of underwriting experience and having currently or previously held a mandate.Proven ability to exercise good commercial and professional judgment.Effective communication skills both written and verbalGood attention to detailAdaptive to ongoing changePC literate with a knowledge of Microsoft Office productsEnthusiastic, flexible, and keen to learn and develop a careerKnowledge of CIFAS & SIRA systems would be beneficial but not essential For more information regarding the role of Credit Underwriter please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

Overview The successful post-holder will assist the Class Underwriter and work within the underwriting team to write business in line with the underwriting strategy and annual business plan. Exercising your strong relationship and negotiation skills, you will be responsible for negotiating renewals and new business with brokers and clients. What you will be doing … Underwrite new business and renewals within a range of Property/Casualty/Construction risks whilst adhering to: Underwriting Authorities and Guidelines. Reinsurance Protections. Risk Engineering Guidelines. Develop and maintain external contacts with Insureds, Brokers and Fac.ReinsurersSupport the embedding of the risk management framework within the underwriting team Ensure adherence and compliance with relevant controls, policies, risk, regulatory and legal requirements. Undertake and manage projects as required by the Class Underwriter / Senior Management. What you need to bring … A proven track record and strong reputation within underwriting including a strong technical underwriting background across at least Property and Casualty classes. Excellent communication, influencing and negotiation skills. Decisive in nature, displaying good judgement in decisions and taking accountability. Ability to focus and produce work under pressure. What you need to know … Permanent roleBased in in the City for 3 days per week with 2 home working daysSalary between £65,000 and £73,000Benefits package and annual bonusA great opportunity to join an established and respected organisation with development opportunities.A very inclusive and fair opportunities employer REF: 9544 Interested? Please apply today and we will contact you by return. MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector. MW Appointments is acting as an Employment Agency in relation to this vacancy.