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MFD Senior Underwriter
Location
United States
Posted
92 days ago
Salary
0
Seniority
Senior
No structured requirement data.
Job Description
MFD Senior Underwriter
Pennymac
PENNYMAC Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Senior Underwriter will be responsible for underwriting agency, jumbo, and FHA loans to established company and investor guidelines. As the Underwriter, you must be able to clearly communicate underwriting decisions and stipulations to sales, processing staff and Clients. The Senior Underwriter will: - Review all mortgage applications and documentation for accuracy and completeness - Perform a risk based review on all loans based on expected performance and ability to repay, aside from GSE or HUD specific requirements - Input all required information into underwriting module accurately and within established time frames - Compliance reviews that fall into the Underwriting purview must be accurately performed and escalated as required - Perform other related duties as required and assigned - Demonstrate behaviors which are aligned with the organization’s desired culture and values What You’ll Bring - 2+ years experience at underwriting borrowers with complex financial and income statements - 2+ years experience preparing cash flows on partnerships, s-corporations and corporations - Experience working with automated loan origination systems - Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector - Knowledge of mortgage lending laws and regulations Why You Should Join As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: - Comprehensive Medical, Dental, and Vision - Paid Time Off Programs including vacation, holidays, illness, and parental leave - Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations) - Retirement benefits, life insurance, 401k match, and tuition reimbursement - Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships To learn more about our benefits visit: https://pennymacnews.page.link/benefits For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below: - Lower in range - Building skills and experience in the role - Mid-range - Experience and skills align with proficiency in the role - Higher in range - Experience and skills add value above typical requirements of the role Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. Salary $65,000 - $100,000 Work Model REMOTE
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PENNYMAC Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Senior Underwriter will be responsible for underwriting agency, jumbo, and FHA loans to established company and investor guidelines. As the Underwriter, you must be able to clearly communicate underwriting decisions and stipulations to sales, processing staff and Clients. The Senior Underwriter will: - Review all mortgage applications and documentation for accuracy and completeness - Perform a risk based review on all loans based on expected performance and ability to repay, aside from GSE or HUD specific requirements - Input all required information into underwriting module accurately and within established time frames - Compliance reviews that fall into the Underwriting purview must be accurately performed and escalated as required - Perform other related duties as required and assigned - Demonstrate behaviors which are aligned with the organization’s desired culture and values What You’ll Bring - 2+ years experience at underwriting borrowers with complex financial and income statements - 2+ years experience preparing cash flows on partnerships, s-corporations and corporations - Experience working with automated loan origination systems - Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector - Knowledge of mortgage lending laws and regulations Why You Should Join As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: - Comprehensive Medical, Dental, and Vision - Paid Time Off Programs including vacation, holidays, illness, and parental leave - Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations) - Retirement benefits, life insurance, 401k match, and tuition reimbursement - Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships To learn more about our benefits visit: https://pennymacnews.page.link/benefits For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below: - Lower in range - Building skills and experience in the role - Mid-range - Experience and skills align with proficiency in the role - Higher in range - Experience and skills add value above typical requirements of the role Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. Salary $65,000 - $100,000 Work Model REMOTE
Forensic Underwriter
National Mortgage Insurance CorporationNational MI is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the National MI to comply with all applicable laws concerning the employment of persons with disabilities.
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description This is a remote position. The Forensic Underwriter is responsible for performing in-depth forensic underwriting research and investigative analysis of closed mortgage loans to identify fraudulent activity, patterns of elevated risk, significant defects, and/or non-compliance with National MI’s Master Policy requirements. This position conducts detailed forensic reviews through reverifications and investigations to identify potential fraud or misrepresentation by any interested party to the transaction. The Forensic Underwriter is also responsible for analyzing the loan file from loan origination to the complex loan servicing life cycle, and coordinating the tracking and reporting of any deficiencies identified. Job Duties & Responsibilities - Examine and re-underwrite closed mortgage loans to confirm compliance with Fannie Mae, Freddie Mac, non-agency, and National MI’s underwriting and servicing guidelines, and Master Policy. - Perform investigations to identify potential fraud through utilization of re-verification, investigation, and/or fraud detection tools/services provided by various third parties on behalf of National MI. - Prepare formal written summaries identifying findings and propose remediation options to the Senior Director in a manner that limits National MI’s risk exposure. - Prepare systematic reports for the Senior Director that factually support conclusions drawn, and summarize confirmed borrower fraud, interested party fraud, loan deficiencies and/or fraud schemes. - Work closely with Servicing Operations team and the Senior Director to identify and develop enhancements to the forensic review processes and fraud detection tools to improve efficiency and accuracy. - Perform additional duties as assigned. Qualifications - Bachelor’s degree in business, finance, or related field preferred. - Certified Fraud Examiner designation preferred but not required. - Minimum twelve years of direct experience in underwriting, post-closing forensic review, and/or quality control required. - Previous experience in underwriting reinstatements, assumptions, partial releases, and modifications is preferred. - Strong analytical, investigative, and written communication skills with deep mortgage risk and documentation knowledge. - Extensive knowledge and practical application of GSE and mortgage insurance underwriting and servicing guidelines is required. - Ability to interpret and accurately apply National MI’s Master Policy and PMIERs. - High proficiency with MS Office Suite. - Timely completion of work and ability to meet deadlines. - Demonstrated ability to manage multiple competing high-priority tasks simultaneously. - Commitment to building a positive team spirit and treating others with respect. - Ability to work effectively with cross-functional teams in a remote or hybrid environment. - Strict adherence to information confidentiality and appropriate use of sensitive data. - Sound and consistent judgment in decision-making and recommendations. - Ability to accurately analyze and interpret complex information. Requirements - Base Salary: $94,100 - $120,000 - Benefit eligibility includes healthcare, life and disability insurance, 401(k), monthly allowance, 20 days of PTO, 10 paid Holidays, and bonus and equity potential. - Additional benefit offerings may be found at https://www.nationalmi.com/career-benefits/ . Company Description National MI is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the National MI to comply with all applicable laws concerning the employment of persons with disabilities.
Policy & Operations Specialist
Ck Specialty Insurance Associates, Inc.Experience And Service You Can Trust
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This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description We are seeking a motivated and detail-oriented Underwriting Processing Assistant to support our underwriting and brokering teams. This role involves processing and managing high-risk insurance applications, ensuring compliance with company policies and governmental regulations, and providing excellent service to our retail brokers and customers. This is an ideal opportunity for individuals committed to pursuing a career in the insurance industry, with room for growth and advancement in a fast-growing organization. Key Responsibilities - Processing and Documentation - Review applications, ACORD forms, and quotes for accuracy and compliance. - Document and process binding orders and policy issuances promptly. - Manage inspection reviews and ensure reports meet underwriting requirements. - Oversee surplus lines tax filing to ensure compliance with state regulations. - Handle inspection orders, endorsements, and cancellations efficiently. - Customer and Broker Interaction - Assist in gathering information from brokers and partners. - Address underwriting issues during the policy issuance process proactively. - Support the claims process as needed. - System Management - Ensure the accuracy of accounts within the CRM system. - Track and complete tasks to enhance workflow and productivity. - Adhere to established processing procedures. - Collaboration and Development - Work closely with other departments to achieve shared goals. - Actively participate in team initiatives to improve service delivery and efficiency. Qualifications - Proficient computer skills. - Strong verbal and written communication. - Exceptional organizational and time-management abilities. - Analytical thinking and problem-solving skills. - Positive attitude and eagerness to learn. Requirements - High school diploma required; college degree preferred but not mandatory. - Insurance-related experience is a plus but not required. Benefits - 401(k) retirement plan. - Health, dental, and vision insurance. - Paid time off and parental leave. - Tuition reimbursement. - Disability insurance. - Remote work flexibility.

