Job title: Underwriter
Location: South Coast
Salary: Up to £50,000 per annum (depending on experience)
Hours: Monday to Friday, 9 am to 5:30 pm
Benefits:
*25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 days
*Option to buy/sell up to 3 days’ holiday
*Death in Service at 4 x salary (from day one of employment)
*5-year, 10-year and 15-year excellent service awards
*Car parking (limited onsite or, if offsite, cost of parking refunded)
*Employee Assistance Programme
*Active charity support (non-mandatory)
*Monthly mindfulness sessions
*Complimentary Christmas/summer parties/Team evenings and social events
*Company BBQs on HQ sun terrace
*Daily fruit bowl, healthy snacks, and coffee machine/tea
*Paddleboards for free hire/Office table tennis.
*Workplace pension scheme
About the Role of Underwriter:
Looking to break into bridging underwriting? This is your chance. Join a fast-growing team based in the south coast and learn bridging and refurbishment lending on the job, even if your background is in detailed credit underwriting. This is an office-based role with the option to work one day from home per week after probation. Ideally, you’ll have around 2 years’ underwriting experience, strong commercial awareness, and excellent communication skills.
Responsibilities for the position of Underwriter:
*Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.
*Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.
*Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.
*Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.
*Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.
*Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.
*Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.
*Ensure adherence to internal policies, underwriting standards, and AML requirements.
*Maintain accurate and timely records within internal systems, ensuring effective audit trails.
*Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management.
Experience required for the position of Underwriter:
*Candidates should have a minimum of 2 years’ experience underwriting credit or lending-related products, with a strong understanding of AML, KYC, and due diligence practices.
*You will need solid commercial acumen to assess deals beyond standard "tick-box" underwriting and be proficient in interpreting financial statements, credit reports, and legal documentation.
*We can also consider Case Managers from the specialist BTL or bridging sectors who have a good grasp of valuation reports and exit strategies.
For more information regarding the role of Underwriter, please contact us.
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.