Mortgage Underwriter

KR Group
Preston, UK
12 Aug 2019
28 Aug 2019
Contract Type
Full Time
We want you to bring your unique set of skills and experience to a special place where you can reach your true potential.

Knowing that you have contributed in a positive way and potentially changed someone's life for the better is part of the job. Rewards that you could not put a price on.

Joining our property valuation unit as an Underwriter you will underwrite and process mortgage applications accurately and within specific time frames whilst exercising prudent lending judgements in line with more 2 life policies.

The role involves delivering complex solutions to a wide range of challenges. You will need to liaise directly with other departments and individuals, building relationships with the wider Group as well as key partners.

"The main purpose of my job is to ensure our processes and procedures are adequate for each of our funders' risk models, whilst ensuring all the lending citeria are applied in the correct manner. I also train and develop the underwriting team, and provide technical support to third parties and stakeholders.

My typical day does not exist as no two are the same. Generally, I arrive in the office early and this then allows me to prepare for the day ahead. I do not like suprises; therefore I try to plan as much as possible throughout the day but have yet to master the fine art of this. There are always things that come along that no amount of planning can cater for. Maybe this is also what makes it interesting. To quote Forrest Gump: "Underwriting is like a box of chocolates, you never know what you are gonna get"

A common misconception about my job is most people generally think underwriters do not like lending money and love saying 'no' - this is in fact so far removed from the truth. Our ethos is to review each risk component and understand its implications before making a decision. The team will hate me for saying this, but i always refer to my risk bar. If you start with your arms open this is your risk bar and only by mitigating the risk will this bar shorten. My favourite misconception is that people think underwriters are like hermits and do not like speaking with people; in fact we love coming across the weird and wonderful, and only by discussing the information to hand can we ensure we make the correct decisions." - Martin Heppenstall, Chief Underwriter, more 2 life.

Mortgage Underwriter | Secured Lending | Underwriter | Underwriting

Essential Skills

Experience of Underwriting
First class communications skills, both written and verbalDesirable Skills

Secured residential lending arenaAbout Company

The KR Group is a leading financial services group for those both in and approaching their retirement. The Group's main activities are equity release, estate planning, annuities and retirement planning. Subsidiaries of the Group include Key Retirement, Key Partnerships, and more 2 life. Between these companies, we offer products including equity release, retirement planning, and estate planning. Private equity owned by Partners Group, we lead the market in Equity Release. Retired homeowners cashed in more than £3 billion of property wealth in 2018 as the equity release market expanded at a record rate

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