Jr Underwriter
- West Palm Beach, FL, United States
$60,000 USD / year
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Job details
- Pay
- $60,000 USD / year
- Experience
- · 2+ years of experience as a Jr.
- Posting language
- English
- Posted
Original job description
Required Skills & Experience
· 2+ years of experience as a Jr. Underwriter or in a similar role within the financial industry · Strong understanding of risk assessment and underwriting principles · Excellent analytical and decision-making skills · Detail-oriented with a focus on accuracy · Ability to work collaboratively in a team environment · Provide support with various tasks related to the day-to-day functions of the department · Self-motivated with a committed work ethic
Job Description
client of Insight Global within the music financing industry is hiring a Jr Underwriter/Document Processor. This role is responsible for managing the end-to-end process of a customer's deal and identifying any risks that may affect the assignment of royalties. The Jr. Underwriter will play a crucial role in mitigating risks and keeping all internal interested parties apprised of deal status to ensure a seamless process.
Responsibilities:
· Manage a portfolio of 20-30 customer files, overseeing the entire process from contract review to funding · Conduct a thorough review and underwriting of customer files within 24 hours of receiving the executed contract and keep internal database up to date with findings · Process and evaluate customer applications, utilizing analytical skills and internal/market guidelines for accurate assessment · Communicate effectively with clients, outside vendors/royalty payors, and financial institutions to gather necessary information for assignment completion · Assist Royalty Specialist with general inquiries and provide them with relevant information as needed throughout the process · Collaborate with other areas of Music Operations to support the department's daily operational workflow and ensure seamless coordination · Review reports to identify outstanding items and follow up with royalty payors for resolution · Analyze credit and search reports, interpret the gathered information and taking appropriate actions
More about this job
Skills
- Hazard assessment
- Underwriting
- Decision making
- Analytical skills
- Workflow