Job Closed
This listing is no longer active.
Loan Underwriter IV (US)
Location
United States
Posted
83 days ago
Salary
$91K - $145K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Loan Underwriter IV (US)
TD
Work Location: Jacksonville, Florida, United States of America Hours: 40 Pay Details: $91,000 - $145,600 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role. Line of Business: Credit ManagementJob Description: The Underwriter IV underwrites and evaluates the most complex conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. This job also underwrites and evaluates Home Equity and Consumer Loans. Depth & Scope: - Underwrites complex residential mortgage loans and evaluates risk while ensuring the quality of each loan submitted - Senior level loan decision authority, reviews and underwrites most complex portfolio loans – CEMA, Med/Pro, Construction, Jumbo and Wealth - Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures within risk tolerance - Independently considers, recommends and discusses alternative structures and overall assessments - Evaluates all documents and conditions loan accordingly - Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; clears or resolves any issues - Escalates integrity issues as appropriate and ensures files are compliant to internal guidelines and external regulatory requirements - Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements. - Indirect supervisory authority; coaches and mentors junior underwriters; assists with training and assesses analysis prepared for accuracy and compliance with policy, guidelines and procedures in all prepared loan recommendations to arrive at an appropriate credit decision - Obtains and reviews financial information and provide in-depth credit analysis practices - Acts as a subject matter expert in the most complex lanes or work Education & Experience: - 4 Year Degree or equivalent experience preferred - 5-7 Years of related experience - Strong knowledge of local market sector and industry trends - Ability to understand and interpret real estate appraisals - Ability to identify, analyze and mitigate project risks - Advanced written and verbal communication skill - General knowledge of Microsoft Office Suite - Strong interpersonal and negotiation skills - Strong Focus on documentation and risk management - Demonstrated ability to complete complex tax return analysis to determine cash flow income - History of underwriting complex jumbo loans in addition to thorough knowledge of agency guidelines Physical Requirements: Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100% - Domestic Travel – Occasional - International Travel – Never - Performing sedentary work – Continuous - Performing multiple tasks – Continuous - Operating standard office equipment - Continuous - Responding quickly to sounds – Occasional - Sitting – Continuous - Standing – Occasional - Walking – Occasional - Moving safely in confined spaces – Occasional - Lifting/Carrying (under 25 lbs.) – Occasional - Lifting/Carrying (over 25 lbs.) – Never - Squatting – Occasional - Bending – Occasional - Kneeling – Never - Crawling – Never - Climbing – Never - Reaching overhead – Never - Reaching forward – Occasional - Pushing – Never - Pulling – Never - Twisting – Never - Concentrating for long periods of time – Continuous - Applying common sense to deal with problems involving standardized situations – Continuous - Reading, writing and comprehending instructions – Continuous - Adding, subtracting, multiplying and dividing – Continuous The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes. Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities. Our Total Rewards Package Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more Additional Information: We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best. Training & Onboarding We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call. Accommodation TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
Related Guides
Related Categories
Related Job Pages
More Underwriter Jobs
Crum & Forster Company Overview Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+"(Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com. Job Description Executive Underwriter - Contract Surety (Remote in NY area) An Executive Underwriter is accountable for Contract Surety product underwriting that contributes to the achievement of the Contract Surety business plan including new business, renewal retention, pricing and profitability. This role reports to the Regional UW Director and will work closely to foster agency/broker relationships and develop a profitable book of business. Essential Job Functions and Responsibilities - Responsible for risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives. - Receives and analyzes submissions, assesses risk quality and determines terms in accordance with company guidelines. - Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. - Makes recommendations on risks over authority. - Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems - Uses independent judgment and initiative to support business goals. - Prepares effective internal and external communications on underwriting issues. - Develops a book of commercial surety business with select brokers/agents and maintains effective business relationships with external customers in order to attract and retain profitable business. - Visits producers and principals in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives. - Coaches and guides less experienced underwriters. Job Requirements - A minimum of seven years of contract surety experience is required. - Bachelor’s degree is required in Business, Finance, Accounting or a related field. - Must have strong communication skills to build and leverage excellent customer relationships to successfully market products. - Sales mindset for creating and following through on pipeline opportunities that contribute to new business goals and budget objectives. - Excellent communication, interpersonal and presentation skills. - An ability to think analytically about business problems, make recommendations and propose solutions. - A high energy, self-starter, who is resilient and has an entrepreneurial spirit. - Demonstrates solid time, organizational, and desk management skills. - Goal-oriented mind set, delivers on goals and objectives. - Microsoft Office experience and the ability to learn new applications a must. - Travel required and proof of valid driver license. What C&F will bring to you At C&F you will BELONG We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know. For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information. Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $86,600 to a maximum of $174,400. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs. - Flexible work arrangements. - Competitive compensation package. - Company car provided - Generous 401K employer match. - Employee Stock Purchase plan with employer matching. - Generous Paid Time Off. - Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing - A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you. - A dynamic, ambitious, fun and exciting work environment. - A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving. #LI-JA1 #LI-Remote
Assists in the technical development of underwriting associates, which may include monitoring reports and workflow to provide recommendations on productivity and efficiency improvements. Coordinates with other departments to ensure accuracy and...
Senior Compliance Consultant, Underwriting
CNA InsuranceCNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com .
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. In accordance with state and department guidelines, this position performs a combination of duties which include responding to consumer complaints, state audits and inquiries, monitoring industry circulars and other regulatory and legislative changes, and data calls. The position will work closely with Legal, and Corporate Compliance to interpret requirements into desired actions, and provide recommendations to leadership for implementing changes. The role will need to keep up with state/territory issues and regulations which impact CNA products and processes and ensure requirements are defined and aligned, facilitating collaboration and monitoring progress throughout. JOB DESCRIPTION: Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: - Ensures implementation of required regulatory changes. This role serves as an advisor to underwriting peers, acting as a liaison between legal and underwriting as needed. - Monitors circulars and bulletins, keeping a pulse on key trends impacting Commercial and Specialty including DOI and Regulatory Agency bulletins, APCIA releases, and ISO/NCCI actions. Translates key trends into actionable insights for change. - Collaborates with business partners in Legal, and Corporate Compliance to drive requirements and address issues and opportunities across the business unit. - Acts as the liaison with Information Technology to ensure systems and applications meet the business demands. - Provides analysis and decision support when responding to market conduct exams and audits. Interacts and collaborates with multiple disciplines to gather information, perform analysis, and makes recommendations to management to drive continuous improvement. - Acts as business project coordinator for changes requiring multiple business partners, working with a project team to accomplish goals. - Participates with underwriting line of business stakeholders in the development and implementation of new compliance requirements. - Leads the responses to state inquiries and objections by researching concerns, developing alternatives, and confirming resolution with all parties. - Leads special projects as needed and may mentor other team members. May perform additional duties as assigned. Reporting Relationship Director or above Skills, Knowledge & Abilities - Ability to effectively interact and communicate and negotiate with internal business partners within scope of responsibility. - Ability to drive results by identifying and resolving problems within scope of responsibility. - Ability to effectively communicate, both written and verbal, and collaborate with leaders, stakeholders and peers. - Strong organizational skills including the ability to prioritize and coordinate multiple projects and initiatives. - High degree of comfort moving at a fast-pace while balancing multiple priorities with urgency and agility. - Critical thinking, problem-solving and analytical abilities. - Ability to lead and make decisions within scope of responsibility. - Ability to deal with ambiguous situations and issues. - Creativity in resolving unique and challenging business problems through the value of diverse opinions and ideas of the team. - Strong work ethic, with demonstrated time management, organizational skills, and an ability to independently drive short-term projects in a fast-paced environment. - Knowledge of Microsoft Office Suite and ability to learn business-related tools and software. - Demonstrated ability to value diverse opinions and ideas. - Knowledge of insurance and underwriting principles, practices and procedures. Education & Experience 1. Bachelor's degree or equivalent experience. Professional designations preferred. 2. Typically a minimum of 5 years of relevant experience. Prior insurance industry experience preferred. #LI-ES1 In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com. CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.
HSIB - E&S Retail - UW Specialist Specialty
Hanover Insurance GroupHanover Insurance Group has consistently been named one of America’s Best Midsized Employers by Forbes magazine and one of Business Insurance magazine's Best Places to Work in In
Review and analyze mono-line commercial general liability and excess liability risks, manage a portfolio to achieve profitability goals, and develop agency relationships to drive new and renewal business effectively.



