Auto Underwriter

Pay range will be dependent on experience. We will pay extremely competitively for the right candidate.

The Company:Prime Auto USA is an independent used car dealership located in Jackson, TN with a full sales team, finance team, client success team and service team with a total of just under 50 employees and selling just under 100 cars per month. We provide automotive reconditioning to cars that are being prepared to sell including an initial cosmetic intake process and subsequent 80 point inspection followed by on-going repairs for customer pay work. Google Prime Auto USA You tube to see videos that will explain more about our company.

Contact:#731-624-1000 ex. 144

Email:deneen@primeautousa.com or nichole@primeautousa.com

Underwriter

Can also be cross trained as a Client Success Specialist (Collections)

Job Description:An Underwriter, or Loan Underwriter, is a financial professional responsible for assisting in the loan application process by determining the risk-level of working with an applicant. Their duties include researching a client’s credit, income and assets, reviewing applications based on policy guidelines and performing risk assessment reports.

• Collect, review and analyze an applicant’s relevant history and records
• Obtain additional information about an applicant to determine coverage needs
• Determine the level of risk for insuring or lending
• Offer recommendations on whether or not to approve an application
• Help agents determine premium costs
• Evaluate insurance claims for accuracy and the coverage amount

Duties:Underwriters perform many analytical tasks to fully review and assess an applicant to ensure their company provides the right amount of coverage or assistance. They often have the following responsibilities:

It is typical for the Underwriter to complete the following work daily:

• Review approved loans/insurance policies to ensure that all legal regulations, required conditions, and company policies are met
• Research all areas of an applicant’s financial background, including employment history, credit reports, and banking and asset information
• Analyze financial information and create comprehensive risk assessment reports for each applicant, communicating findings clearly with team members
• Advise the company on whether or not to approve an application based on risk assessment
• Proofread files before they are submitted for approval, correcting any errors and filling in any incomplete details
• Other special projects you see as an opportunity or as assigned by your Manager.

Expected Results:

The activities listed above are to result in:

• Mitigate company lending/insuring risk by carefully analyzing applicants’ information and making strong recommendations based on findings
• Work seamlessly with loan processors and other team members to ensure a smooth, speedy application process for potential clients
• Determine appropriate loan/premium amounts for each applicant, adhering to company policies and standards
• Uncover any undisclosed debt, cash flow issues, or other missing financial information
• Understand the rules and regulations that govern lending or insuring in the country of hire
• Ensure that all loan/policy applications and files are complete and accurate

Success includes and is not limited to some of the following:

• A positive can do attitude at all times.
• Working diligently utilizing all technology, tools and resources in the smartest way to possible to minimize work, maximize outcome and reduce costs.
• Show up on time ready to work and with a focused work ethic.
• Willingness to go above and beyond to help when needed.
• Demonstration of wanting to make personal improvements to further your knowledge base and career.

Ideal Requirements for Employment:

• Qualitative and quantitative analysis skills
• Communication skills, including speaking and writing
• Customer service skills
• In-depth understanding of warranty coverage and loan products
• Advanced knowledge of federal regulations and best practices of lending institutions
• Project management and organization skills
• Time management and prioritization skills
• Decision-making and critical thinking skills
• Ability to hold oneself accountable to meet company goals.
• Demonstrated capability to provide reporting to leadership.
• Demonstrated abilities utilizing technology the company utilizes accurately, timely and consistently.
• Bachelor’s degree and master’s degree preferred

Job Types:Full-time, Part-time

Pay:$22.00 - $25.00 per hour

Expected hours:20 – 40 per week

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Employee discount
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Referral program
• Retirement plan
• Vision insurance

Physical Setting:Office

Schedule:

• 10 hour shift
• 8 hour shift
• Day shift
• Evening shift
• Monday to Friday
• On call
• Weekends as needed

Application Question(s):

• Are you available to work Saturday 9am-5pm?

Experience:

• Underwriting: 1 year (Required)

Language:

• Spanish (Preferred)

License/Certification:

• Driver's License (Required)

Work Location:In person