Contract Underwriter

Position Overview:

We are seeking a skilled Contract Underwriter to join our team. The Contract Underwriter will be responsible for evaluating and underwriting various types of contracts to assess risk and ensure compliance with company policies and regulatory requirements.

Key Responsibilities:

• Review and analyze contract documents to assess risk factors and determine eligibility for underwriting.
• Evaluate financial statements, credit reports, and other relevant documents to make informed underwriting decisions.
• Assess the terms and conditions of contracts to identify potential risks and propose suitable modifications or amendments.
• Collaborate with internal stakeholders such as legal, sales, and risk management teams to gather necessary information and ensure compliance with company policies and procedures.
• Communicate underwriting decisions to relevant parties and provide explanations or recommendations as needed.
• Maintain accurate records of underwriting decisions, correspondence, and contract-related documentation.
• Stay updated on industry trends, regulatory changes, and best practices related to contract underwriting.

Qualifications and Requirements:

• Bachelor's degree in finance, business administration, or a related field.
• 4 to 5 years of Proven experience in contract underwriting or a similar role.
• Strong analytical and critical thinking skills.
• Excellent attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficiency in using underwriting software and other relevant tools.

Additional Skills (Preferred):

• Certification in underwriting or risk management.
• Familiarity with industry-specific regulations and compliance standards.