Junior Underwriter Resume Sample / Resume Template

The Junior Underwriter is hired by the insurance companies or the bank to decide the acceptance of the insurance application. Junior Underwriters are the entry level employees whose main work role is to know whether or not can the insurance cover can be acknowledged. The junior underwriter should also keep the records and update it over the timely manner.

The other work activities mentioned in the resume of a Junior Underwriter are scanning the protection recommendations, checking insurance proposals, investigating the documents and analyzing background information. He/she also has to set up the cost that ought to be paid for insurance.

The skills such as analytical thinking, numeracy, decision-making and problem solving are required. The hired candidate must be skilful in preparing the quotes and should have negotiating skills to arrange terms with policyholders. The applicants aspiring to become the Junior Underwriters must hold at least a Bachelor’s Degree

Junior Underwriter Resume Sample

Junior Underwriter Resume Sample

Rob Wilson

Junior Underwriter

743 Xyz Abc Road.
Chicago, IL – xxxxx

Email: email@example.com | Home: xxx-xxx-xxxx | Mobile: xxx-xxx-xxxx


Professional Summary

Motivated and results-driven individual with a progressive career in management, leadership and customer service in the financial, real estate and banking industries. Seeks a position with a reputable company.


Work Experience

1) Jr. Underwriter

ABC Mortgage – Chicago, IL

May 2016 to June 2017

  • Partnered with Underwriting to analyze credit reports, tax returns and financial statements, property appraisals, sales contracts, titles and associated documentation.
  • Reviewed conditions prior to underwriter turn times. Clearing, rejecting and added conditions as needed.
  • Ensured all data is maintained in LOS System
  • Communicated with Account Executives, Management and Processors regarding pipeline management.
  • Assisted various departments when support was needed through the loan process.
  • Preformed a weekly QC Audit to ensure all files remained accurate and within compliance.

 

2) Sr. Loan Analysis

XYZ Mortgage – New York, NY

January 2012 to May 2016

  • Reviewed and processing of files in accordance with FNMA/FHLMC/FHA and VA guidelines including income and asset calculations.
  • Personally managed and maintained a pipeline of various products while meeting product specific turn time requirements.
  • Review LE’s and CD’s for accuracy and compliance.
  • Coordinates final signings with internal and external parties.
  • Promoted from QC Auditor to Sr. Processor

 

3) Foreclosure Specialist

ABC Investments, Inc – Chicago, IL

January 2008 to January 2012

  • Independent analysis of distressed properties.
  • Ensured viable deals by projecting asset cash flow levels for liquidation
  • Constructed, executed and dissolved legal contracts with homeowners, contractors and other Real Estate Professionals.
  • Managed and maintained client relations with third party vendors.
  • Preformed site visits as needed.
  • Overseen and reviewed the work of 3rd party providers.
  • Prepared reports on collateral performance for portfolio review and strategic planning of each individual property.

Educational Qualification

Bachelor of Arts in Sociology

State University

2015


Skills and Strengths

  • Research & Analysis Highly adaptable
  • Relationship Management Confident, hard-working
  • Detail Oriented Time management skills
  • Works efficiently within a group & independently
  • Interpersonal communication skills

 

— References Available upon Request —

 

Properly writing roles, responsibilities, and skills in Junior Underwriter’s Resume is very important. It is because the employer or the recruiter will check them to judge your capabilities. Mostly, the points of the job duties performed will come under the section of work experience in the Junior Underwriter’s Resume. Whereas you can mention your skills within the skill section. The other key or highlighting points can be noted separately.

To get the job, making an accurate resume having precise points is necessary. Hence, here are few shorter examples which will give you a better idea about how to write roles, responsibilities, skills and work experience in the resume for the position of Junior Underwriter.

From our resume database, I have gathered few examples. These resumes are selected on basis of different location and experience level. These Junior Underwriter Resume samples of professionals will give you provide with a hint when you are writing your resume. You can change the points according to your location and experience level.

Check these Junior Underwriter resume samples. I hope you will find something interesting and valuable from these examples.

Few More Junior Underwriter Resume Sample:

Example 1:

Junior Underwriter

Location – San Jose, CA

Experience – 2 Years

  • Prepared and reviewed loan documents/disclosures to ensure accuracy and a timely closing.
  • Provided information to necessary parties to resolve any outstanding issues prior to loan closings.
  • Prepared Closing Disclosure using Docutech and reconciled title fees with settlement agents.
  • Verified all fees were disclosed correctly to meet compliance/TRID guidelines.
  • Dealt proactively with all parties involved in the loan closing to avoid and/or resolve problems at closing.
  • Assisted Operations Manager with Quality Control Reports and other depts as needed such as COC dept., CSR’s and Junior Underwriters.

 

Skills:

  • Team Leader, coordinator and team player.
  • Excellent communication and organization skills.
  • Word, Excel and Access, Windows, Microsoft office 2010 suite, and Power point.
  • Business correspondence Inventory control.
  • Courteous with strong customer service orientation good listening and responding skills.
  • Proven relationship-builder with unsurpassed interpersonal skills.
  • Innovative problem-solver who can generate workable solutions and resolve complaints.

 

Example 2:

Jr. Underwriter

Location – Fairfax, VA

Experience – 4 Years

  • Served as a Jr. underwriter for residential loans submitted to the company.
  • Accountable for adhering to company and industry standards to give meticulous evaluation to uphold credit worthiness as well as risk assessment for the Sr Underwriter.
  • Responsible for reviewing uploaded conditions from brokers, updating MAX los, requesting updates/corrections in AMC, and ordering MI from MI companies.
  • Processed loans in pipeline, maintained constant communication with Broker, Broker’s processor, Account executive, and Sales coordinator with any remaining conditions or any additional conditions to clear Sr. Underwriter conditions.
  • Reported status of loans in pipeline twice a week with Account Executive, Sales Coordinator and Team lead to project when loans will be cleared to close or any changes to closing dates.
  • Requested initial CD and closing documents from closing department.

 

Example 3:

Junior Underwriter/Advanced Condition Specialist

Location – Fairfax, VA

Experience – 2 Years

  • Ran numbers to map the closing process while analyzing credit reports, loan applications, title reports, purchase contracts, escrow instructions and key documentation while identifying possible fraud.
  • Helped organize appraisal reports and assisted in verifying client information with banks and employers.
  • Processed loans in pipeline, scheduled closings, and helped senior managers.
  • Maintained production quota while closing all loans within a timely manner.

 

Example 4:

Junior Underwriter

Location – San Jose, CA

Experience – 3 Years

  • As a junior underwriter, I was responsible for ensuring the timely, accurate and compliant processing of mortgage loans by collecting, reviewing, and verifying documentation to prepare loan applications for underwriting decisions.
  • I handle a variety of loan types, property types, and income types insuring compliance with program guidelines.
  • I have been one of the top 6 producers 5 out of the last 6 months processing 35 or more loans to closing each month.

 

Example 5:

Jr. Underwriter

Location – Shoreview, MN

Experience – 3 Years

  • Assess daily production capacity, assign and reassign loans as appropriate to ensure SLA is met.
  • Report to Sr. VP with pipeline turn times, outlier status, and file management.
  • Communicate with in-house and contract underwriters regarding loan statuses (rushes, closing schedule, disclosures and compliance, etc).
  • Review resubmitted documentation prior to reassignment to DU underwriter, clear outstanding underwriting conditions if sufficiently satisfied or return to loan processor/loan officer as needed, reassign loan to DU underwriter for updated approval status.
  • Liason between branch processors and loan officers and underwriting staff to facilitate communication, expedite reviews and closings, and mitigate fires.

 

Example 6:

Junior Underwriter/Project Manager

Location – Chicago, IL

Experience – 5 Years

  • Underwrite, negotiate, and closed four (4) bond financed affordable multifamily housing transactions producing 620 new construction units and $183,050,000 in aggregate mortgage amounts.
  • Perform financial proforma modelling, feasibility analysis, create amortization schedules/bond cash flows.
  • Prepare and present loan summaries and make recommendations to the Agency’s Committee and Board for approvals.
  • Review and approve loan documents, drawdown schedules and closing requisitions. Facilitate transaction closings.
  • Serve as transaction liaison between developers, consultants, attorneys, tax credit syndicators/investors, commercial banks, DUS Lenders, FHLB, HPD, HUD OMH, OTDA, NYSDOH, OPWDD, DOHMH, SONYMA, appraisers, bond underwriters, bond trustees, insurance brokers, and government agencies from inceptions to permanent mortgage conversions.
  • Counsel developers through HCR policies, regulations and assist in resolving issues related to project approval.

 

Example 7:

Commercial Junior Underwriter

Location – Vancouver, BC

Experience – 6 Months

  • Evaluating & determining risk classification of new submissions to refer new classes & write commercial insurance.
  • Assessing & quoting endorsements & renewals for multiple programs.
  • Assisting with broker queries & approval of insurance certificates.
  • Writing commercial insurance for health & wellness (Spas, gyms, dance clubs, mobile instructors).
  • Handling endorsement & renewal of existing coverage for amateur sports, adventure tourism, trades & contractors, protection services programs.
  • Managing large volumes of formal applications & informal broker enquiries.
  • Reviewing claims to assess risk of retention.

 

Example 8:

Junior Underwriter

Location – Tempe, AZ

Experience – 1 Year

  • Review Mortgage Loans for processing and approval.
  • Qualify Borrowers income and debt based off government guideline for different programs.
  • Conducts risk-based underwriting reviews of applications which included the analysis of credit reports, bank statements, and other various documentation.
  • Makes decisions based on company checklists and guidelines.
  • Assists in resolving problems that arise on pending contracts.
  • Executed an “outside of the box” thinking problem-solving approach.
  • Utilized tools such as Lexis Nexis, TINCheck, IRS 501c3 searches, BBB, FTC, and Google Maps.

 

Example 9:

Senior Processor/ Junior Underwriter

Location – Phoenix, AZ

Experience – 4 Year

  • Review and verify borrowers’ income, credit reports, employment histories, property appraisals and title insurance information to prepare loan applications for underwriting submittal.
  • Ensure compliance with company policies, underwriting guidelines and lending-program requirements.
  • Maintained a digital archive of all customer documentation.
  • Utilized Desktop Underwriter and Loan Prospector to validate findings.
  • Analyzed credit, income, title and appraisal documents to insure loan quality.
  • Proficient in Fannie Mae, Freddie Mac, and additional automatic underwriting.
  • Maintained clients’ file of loan documentation from pre-approval through closing.

 

Example 10:

Junior Underwriter

Location – New York, NY

Experience – 3 Year

  • Ensure accuracy of information provided within CRM system.
  • Review and analyze documentation received.
  • Communicate effectively with the sales reps as to what is needed to move forward.
  • Reach out to ISO/clients for clarification or documentation needed to move forward.
  • Consolidating information from West Law and TLO.
  • Ability to interpret/analyze bank statements and extract key information such as average daily balances, debits, credits, negative days, NSF’s, number of deposits, and other criteria as determined.
  • Perform due diligence searches across a number of different platforms.
  • Analyze bank and financial statements to understand the economics of a client’s business.
  • Review credit reports, calculate income, examine book valuations, negotiate with dealers.

 

Example 11:

Junior Underwriter

Location – Needham, MA

Experience – 3 Years

  • Investigating risk and liability for insurance proposals.
  • Determining policy terms and assisting with calculating premiums for appropriate coverage.
  • Contacting medical personnel and others to obtain further information.
  • Analyzing information on insurance applications and risk finders.
  • Shopping multiple carriers for quick quotes offers for risk outcomes.

 

Example 12:

Junior Underwriter

Location – New York, NY

Experience – 2 Years

  • Assisting with underwriting process.
  • Assessing background information on the client.
  • Using computer software programs to determine whether an applicant should be approved.
  • Putting together documentation, update data, and create reports relating to the loans.

 

Skills:

  • Fluent in Cape Verdean- Creole, working knowledge of Spanish and Portuguese.
  • Proficient in Microsoft Word, Excel, and PowerPoint with the ability to write clear & concise reports.
  • Mature, responsible, and well organized.
  • Ability to work with a wide range of people to build rapport and strong relationships.
  • Interested in helping others with a variety of problems.

 

Example 13:

Junior Underwriter

Location – Irving, TX

Experience – 1 Year

  • Analyze credit, income, assets, LTV/CLTV, Flood Certs, 1003/1008, 92900A, Review Purchase agreements, Titles, Appraisals, Closing Disclosers, MI certs and AUS.
  • Maintain communication with Underwriters, A.E, Processors, Lenders, Loan Officers and Sales Coordinators to make sure all questions are answered in a timely manner by telephone and emails.
  • Identify red flags, ensuring each flag has been addressed and loan meets guidelines before sending it to the Senior Underwriter for final review.
  • Obtain missing documentation related to income, assets and liabilities.
  • Submit files for Conventional (FNMSA/FHLMC), FHA, VA and USDA.
  • Various systems used such as Encompass, Data Track, FHA connections and VA portal.

 

Example 14:

Junior underwriter

Location – Irvine, CA

Experience – 2 Years

  • Underwrote residential mortgage loans, including first-time real estate purchases and refinancing transactions.
  • Analyzed customers’ personal income and business cash flow, distributing credit reports, personal tax returns, and business tax returns using Encompass system.
  • Reviewed Desktop Underwriter reports, appraisal reports, escrow documents, and bank statements.
  • Partnered with sales team to identify customers’ best option based on DTI approach.

 

Example 15:

Junior Underwriter

Location – Chandler, AZ

Experience – 1 Year

  • Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs for both conforming and nonconforming programs.
  • Analyzed and conditioned Conventional underwritten loans.
  • Completed detailed analysis of personal assets, income, and liabilities.
  • Reviewed credit reports to determine and approve eligibility.
  • Reviewed and cleared borrower conditions and appraisals to assist Sr. Underwriter.
  • Assisted in communication between Loan Processor, Sr. Underwriter, and Broker.

 

Example 16:

Junior Underwriter/Due Diligence Coordinator

Location – New York, NY

Experience – 5 Years

  • Providing administrative support to Senior Vice President of the Mark to Market and FHA Departments by anticipating and attending to departmental management tasks.
  • Assist underwriters with the examination of financial data, property specific data, and the review and reconciliation of third party reports, including, but not limited to appraisals, project needs assessments and environmental assessments in order to compile a comprehensive report to facilitate a healthy restructure of multifamily properties.
  • Prepare necessary forms and maintain departmental information, including financial records and confidential information provided by multifamily owners.
  • Schedule and conduct meetings for interested persons related to the debt restructure of multifamily properties.
  • Manage and maintain databases for the Mark to Market and FHA Departments.
  • Supervision of underwriter support staff in order to maintain the high quality of service that is provided to our clients and interested parties.
  • Train underwriting support staff on proper data input procedures, document collection, departmental protocols and the examination of financial data in an effort to assist the underwriter(s) with the underwriting process.
  • Provide software support/training for entire office staff.
  • Implemented procedure to streamline data input and reduced processing time by 50% for the submission of the completed, comprehensive underwriting report to “OAHP”.
  • Trained all Mark to Market and FHA personnel on this procedure.

 

Example 17:

Junior Underwriter

Location – Jacksonville, FL

Experience – 3 Years

  • Ensure that corresponding guidelines are in adherence by identifying sufficient programs.
  • Verification & analysis of income, appraisal, title & asset documents needed to support closings, review of title and credit report for red flags as well as accuracy.
  • Complete & approve appraisal reviews, calculation of DTI, income, assets and LTV/CLTV.
  • Review the AUS decision to identify any errors or additional conditions that are required.

 

Example 18:

Junior Underwriter/ Condo Specialist

Location – Livonia, MI

Experience – 2 Years

  • Pre-scrub /Quality Check files.
  • Order Mortgage Insurance through various Vendors.
  • Set Conditions for and Approve Condominium Projects that are eligible per Fannie Mae and Freddie Guidelines.
  • Send out Appraisals to borrowers.
  • Log Appraisals into EAD Portal and FHA Connection.
  • Check through files to ensure Quality standards before issuing Clear to Close.

 

Example 19:

Junior Underwriter

Location – New York, NY

Experience – 6 Months

  • Presented pre-approval offers for cash advances and business loans in accordance with credit guidelines and policies.
  • Determined credit worthiness and approval amounts by analyzing credit card processing statements, bank statements, credit reports, and/or financial data.
  • Performed independent research to vet applicants.
  • Evaluated and provided recommendations for credit guidelines and policies exceptions.
  • Coordinated and assisted in the collection of all necessary approval and funding requirements.

 

Example 20:

Junior Underwriter

Location – East Longmeadow, MA

Experience – 10 Years

  • Checked value of customer collateral to be held as loan security.
  • Scheduled and conducted closings of mortgage transactions.
  • Contacted customers by mail, telephone and in person concerning acceptance and rejection of applications.
  • Filed and maintained loan records.
  • Submitted loan applications with recommendation for underwriting approval.
  • Recorded applications for loan and credit, loan information and disbursements of funds, using computers.
  • Interviewed loan applicants in order to obtain personal and financial data and to assist in completing applications.
  • Answered questions and advised customers regarding loans and transactions.
  • Reviewed customer accounts in order to determine whether payments were made on time and that other loan terms were being followed.
  • Prepared and typed loan applications, closing documents, legal documents, letters, forms, government notices and checks, using computers.
  • Accepted payment on accounts.
  • Ordered property insurance and mortgage insurance policies in order to ensure protection against loss on mortgaged property.
  • Verified and examined information and accuracy of loan application and closing documents.
  • Responded to written and telephone requests for payments on loans.
  • Information over phone for personal and auto loans as well as secured loans.
  • Gave information to members on rates, terms and payments on loans.
  • Handled customer complaints and took appropriate action to resolve them.
  • Obtained and compiled copies of loan applicants’ credit histories, corporate financial statements, and other financial information.
  • Reviewed loan agreements to ensure that they are complete and accurate according to policy.
  • Pulled book value from Nada for Vehicle Loans/Recreational Vehicle Loans.
  • Member Close for Home Equity and Home Equity Lines of Credit.

 

These are some sample Resumes/CV of Junior Underwriter. With the help of these examples, you can create a well-crafted resume yourself. You can select any of the lines/sentences from these all examples. Combine them, edit them and use them to make an effective resume. These resume samples can help you decide what experience and accomplishments to include your resume. It also guides for the proper highlighting points.

There are more than 500 active jobs online for the position of Junior Underwriter in the USA. Find the job suitable to you and start applying with your fresh and updated Junior Underwriter resume and improve your chances of getting the job.

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