(Hybrid) Associate Underwriter II, (Mortgage, Home Equity, Consumer Loans)
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About The Position
NFP Corp is seeking an Associate Underwriter II to join our Specialty P&C/MGA/MGU division. This role is pivotal in providing underwriting service support, particularly in the areas of mortgage, home equity, and consumer loans. The Associate Underwriter II will be responsible for a variety of tasks that include underwriting loan exceptions and claims for credit default insurance, preparing underwriting reports, and managing files sent to carriers for claims processing. The successful candidate will utilize their underwriting skills and adhere to approved guidelines to make informed decisions regarding endorsement requests, ensuring that all actions align with the company's commitment to excellence and client satisfaction. In this position, the Associate Underwriter II will receive and underwrite home equity and mortgage loans, determining eligibility for credit default insurance coverage. This involves sending endorsement or rejection letters to lender contacts based on the underwriting decisions made. The role also requires re-underwriting defaulted loans to verify compliance with the agreed-upon guidelines at the time of origination. The Associate Underwriter II will input loan data into the IMS system and communicate with insured parties to gather necessary information or clarification. Additionally, the Associate Underwriter II will prepare monthly spreadsheets and loan claim files for submission to carriers, evaluate short sale requests, and follow up on required documentation for lien releases. The position demands a keen attention to detail, strong organizational skills, and the ability to prioritize tasks effectively. The Associate Underwriter II will also be expected to review documents for the underwriting and accounting teams and perform other duties as required to support the underwriting team.
