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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

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