Insight Global | Junior Underwriter

4 days ago


palm beach, United States Insight Global Full time

A client of Insight Global within the music financing industry is hiring a Jr Underwriter/Document Processor. This role is responsible for managing the end-to-end process of a customer's deal and identifying any risks that may affect the assignment of royalties. The Jr. Underwriter will play a crucial role in mitigating risks and keeping all internal interested parties apprised of deal status to ensure a seamless process.

Responsibilities:

  • Manage a portfolio of 20-30 customer files, overseeing the entire process from contract review to funding
  • Conduct a thorough review and underwriting of customer files within 24 hours of receiving the executed contract and keep internal database up to date with findings
  • Process and evaluate customer applications, utilizing analytical skills and internal/market guidelines for accurate assessment
  • Communicate effectively with clients, outside vendors/royalty payors, and financial institutions to gather necessary information for assignment completion
  • Assist Royalty Specialist with general inquiries and provide them with relevant information as needed throughout the process
  • Collaborate with other areas of Music Operations to support the department's daily operational workflow and ensure seamless coordination
  • Review reports to identify outstanding items and follow up with royalty payors for resolution
  • Analyze credit and search reports, interpret the gathered information and taking appropriate actions

Qualifications:

  • 2+ years of experience as a Jr. Underwriter or in a similar role within the financial industry
  • Strong understanding of risk assessment and underwriting principles
  • Excellent analytical and decision-making skills
  • Detail-oriented with a focus on accuracy
  • Ability to work collaboratively in a team environment
  • Provide support with various tasks related to the day-to-day functions of the department
  • Self-motivated with a committed work ethic


Compensation:

A client of Insight Global within the music financing industry is hiring a Jr Underwriter/Document Processor. This role is responsible for managing the end-to-end process of a customer's deal and identifying any risks that may affect the assignment of royalties. The Jr. Underwriter will play a crucial role in mitigating risks and keeping all internal interested parties apprised of deal status to ensure a seamless process.

Responsibilities:

  • Manage a portfolio of 20-30 customer files, overseeing the entire process from contract review to funding
  • Conduct a thorough review and underwriting of customer files within 24 hours of receiving the executed contract and keep internal database up to date with findings
  • Process and evaluate customer applications, utilizing analytical skills and internal/market guidelines for accurate assessment
  • Communicate effectively with clients, outside vendors/royalty payors, and financial institutions to gather necessary information for assignment completion
  • Assist Royalty Specialist with general inquiries and provide them with relevant information as needed throughout the process
  • Collaborate with other areas of Music Operations to support the department's daily operational workflow and ensure seamless coordination
  • Review reports to identify outstanding items and follow up with royalty payors for resolution
  • Analyze credit and search reports, interpret the gathered information and taking appropriate actions

Qualifications:

  • 2+ years of experience as a Jr. Underwriter or in a similar role within the financial industry
  • Strong understanding of risk assessment and underwriting principles
  • Excellent analytical and decision-making skills
  • Detail-oriented with a focus on accuracy
  • Ability to work collaboratively in a team environment
  • Provide support with various tasks related to the day-to-day functions of the department
  • Self-motivated with a committed work ethic


Compensation:

  • Up to $60k per year
  • Benefits include:
  • 100% employer paid health, dental, vision
  • Unlimited PTO policy
  • 401k with company match

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