About the roleAnza Mortgage Insurance Corporation is seeking a detail-oriented and experienced Mortgage Insurance Underwriter to join our team. In this role, you will be responsible for assessing the creditworthiness of borrowers and the associated risks of mortgage insurance applications to ensure they meet our company's guidelines and standards. The ideal candidate will be skilled in leveraging technology to deliver exceptional service and uphold our commitment to risk management. This position will be onsite in our Wilmington, NC location. More specifically, as a de novo Mortgage Insurance Company, the person in this role must be comfortable in an agile work environment often wearing multiple hats. However we are open to remote work from the following states:
Arizona, Colorado, Idaho, Montana, Nevada, Oregon, Utah.What you'll do- Review and analyze mortgage insurance applications and supporting documentation, including credit reports, income statements, assets, liabilities, and appraisals.
- Utilize automated underwriting systems and proprietary technology to evaluate applications and potential risk factors, ensuring compliance with both company and industry regulations.
- Communicate clearly and effectively with loan officers, processors, and other stakeholders to gather necessary information, clarify discrepancies, and provide updates.
- Make informed, sound underwriting decisions based on a thorough analysis of documentation and risk assessment.
- Document underwriting decisions and provide justification for approvals or rejections, adhering to clear communication standards.
- Prioritize and manage work efficiently, with a keen focus on meeting deadlines and maintaining service level agreements.
- Maintain a strong, up-to-date knowledge of mortgage insurance policies, lending guidelines, federal and state regulations, and evolving industry standards.
- Identify potential fraudulent activity by carefully reviewing loan documentation and vendor reports.
- Provide support to mortgage insurance analysts, contributing to a collaborative and knowledgeable team environment.
- Participate in system testing and validation activities.
Qualifications- Proficiency with automated underwriting systems (e.g., Fannie Mae DU, Freddie Mac LPA) and loan origination software.
- Well versed in modern technology including the Google Suite of tools.
- Experience with testing new technologies.
- Demonstrated experience in working with loan origination platforms; Encompass, Empower, Vesta, Blue Sage, Calyx.
- Strong analytical, problem-solving, and decision-making skills.
- Thorough understanding of insurance risk underwriting.
- Exceptional attention to detail and organizational skills.
- Keen ability to establish strong customer relationships
- Excellent written and verbal communication skills.
- Ability to work independently and manage multiple priorities in a fast-paced, technology-driven environment.
- Strong knowledge of industry regulations and compliance standards.
Experience:
5-7 years of experience in mortgage underwriting, with a proven track record of successful risk assessment.
Education:
Bachelor's degree in Business, Finance, or a related field, or equivalent work experience.
What we offerWe're committed to creating an environment where our team members can thrive both professionally and personally. We currently offer:
- Competitive Compensation - Including salary and performance bonuses.
- Comprehensive Benefits - Health, dental, vision, and mental wellness support.
- Retirement Savings - 401(k) with company matching.
- Career advancement opportunities with business growth.
- Inclusive Culture - A diverse, collaborative, and supportive workplace where every voice is valued.
- Perks & Extras - Generous PTO, team events, wellness programs, and more.
