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 schemeAbout 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