Underwriter

Job Title: Underwriter Designation: Underwriter

The Underwriter will play a critical role in evaluating and assessing risks associated with loan applications and insurance policies. This position requires a keen analytical mindset and the ability to make informed decisions based on comprehensive data analysis. The ideal candidate will possess strong skills in originations and demonstrate a thorough understanding of underwriting principles and practices.

• Evaluate loan applications and insurance requests to determine risk levels and eligibility.
• Analyze financial documents, credit reports, and other relevant information to assess applicants' creditworthiness.
• Collaborate with sales and operations teams to ensure a smooth underwriting process.
• Make informed decisions regarding approvals, denials, or modifications of applications based on established guidelines.
• Communicate underwriting decisions and rationale to stakeholders clearly and effectively.
• Maintain accurate records of underwriting activities and decisions for compliance and reporting purposes.
• Stay updated on industry trends, regulations, and best practices to enhance underwriting processes.
• Participate in training and development programs to improve underwriting skills and knowledge.

• Proven expertise in originations and underwriting processes.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy in evaluating financial information.
• Effective communication skills, both written and verbal.
• Ability to work collaboratively in a team-oriented environment.
• Proficiency in underwriting software and tools.

• Familiarity with regulatory requirements and compliance standards in underwriting.
• Experience in risk assessment and management.
• Knowledge of financial markets and economic factors affecting underwriting decisions.
• Ability to adapt to changing priorities and work under pressure.

• Bachelor's degree in Finance, Business Administration, or a related field.
• Professional certification in underwriting or related areas is a plus.
• Strong understanding of financial analysis and risk assessment methodologies.

Mphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Mphasis is an equal opportunity/affirmative action employer. We provide equal employment opportunities to applicants and existing associates and evaluate qualified candidates without regard to race, gender, national origin, ancestry, age, color, religious creed, marital status, genetic information, sexual orientation, gender identity, gender expression, sex (including pregnancy, breast feeding and related medical conditions), mental or physical disability, medical conditions military and veteran status or any other status or condition protected by applicable federal, state, or local laws, governmental regulations and executive orders. View the EEO in the law poster here, view the EEO in the law supplement here. To view the pay transparency nondiscrimination provision please click here and to view the E-Verify posting click here.
Mphasis is committed to providing reasonable accommodations to individuals with disabilities.