Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Review mortgage applications and manage cases to ensure smooth underwriting.
- Company: Join a leading specialist mortgage lender aiming for excellence in equity release lending.
- Benefits: Enjoy 30 days holiday, health cash plan, growth shares, and a supportive wellbeing calendar.
- Why this job: Be part of an exciting team with a new product launch and a focus on customer experience.
- Qualifications: Experience in underwriting equity release or lifetime mortgage products is essential.
- Other info: This role offers a hybrid work model with 2-3 days in the office.
The predicted salary is between 36000 - 54000 £ per year.
Job Description
Mortgage Underwriter – Specialist Lending
London/Hybrid (2-3 days office based)
Salary: £45K per annum.
Our client, a specialist mortgage lender is seeking an experienced underwriter. Their ultimate goals being, to become the main household name for lifetime and equity release lending and offering a first-class customer experience. This permanent role is ideal for a manual, mandated underwriter and with a new product on the horizon, it’s an exciting time to join the business.
Duties of the Underwriter include:
- Reviewing Mortgage applications against the Lending Policy to ensure robust underwriting decisions are made.
- Managing a portfolio of cases to completion.
- Working closely with Case Managers to gather all information from third parties.
- Speaking extensively to Brokers to allow cases to progress efficiently.
Ideal Candidate Profile:
- Demonstrable experience in underwriting through to completion of Equity Release, RIO or Lifetime mortgage products.
- A manual mandated underwriter with a background in specialist lending.
You will work in a supportive and collaborative environment with a Wellbeing Calendar focused on supporting mental, physical and financial wellbeing.
You will be offered a competitive salary and a wealth of benefits including 30 days holiday plus bank holidays, Health cash plan, Growth Shares, Salary Sacrifice pension scheme & Employee assistance programme.
If this role appeals to you, please do apply today and we will respond promptly.
Equity Release Mortgage Underwriter employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Release Mortgage Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in equity release and specialist lending. Understanding the current market landscape will not only boost your confidence during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the mortgage underwriting field, especially those who specialise in equity release. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your previous experience that highlight your skills as a manual mandated underwriter. Being able to articulate your thought process and decision-making will set you apart from other candidates.
✨Tip Number 4
Research the company’s values and their approach to customer experience. Tailoring your conversation to align with their goals will show that you are not just looking for any job, but that you genuinely want to contribute to their mission.
We think you need these skills to ace Equity Release Mortgage Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in underwriting, particularly with equity release, RIO, or lifetime mortgage products. Use specific examples to demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention how your values align with their goal of providing a first-class customer experience.
Highlight Relevant Experience: In your application, emphasise your experience managing a portfolio of cases and working closely with brokers and case managers. This will show that you understand the collaborative nature of the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an underwriter.
How to prepare for a job interview at Ultimate Banking
✨Know Your Underwriting Basics
Make sure you brush up on your knowledge of equity release, RIO, and lifetime mortgage products. Being able to discuss these topics confidently will show the interviewer that you have the necessary expertise for the role.
✨Demonstrate Your Experience
Prepare specific examples from your past work where you successfully managed a portfolio of cases or made robust underwriting decisions. This will help illustrate your hands-on experience and problem-solving skills.
✨Showcase Your Communication Skills
Since the role involves extensive communication with brokers and case managers, be ready to discuss how you effectively collaborate with others. Highlight any experiences where your communication led to successful outcomes.
✨Emphasise Your Fit with Company Culture
Research the company's values and their focus on wellbeing. Be prepared to discuss how you align with their mission to provide a first-class customer experience and how you can contribute to a supportive work environment.
