Commercial Casualty Insurance Underwriter

Underwrites new and renewal Commercial and Industrial (C&I) and Commercial Real Estate (CRE) credit requests comprised of working capital lines of credit, asset-based lines of credit, commercial real estate loans (Owner Occupied and Investor) and equipment financing; Collaborates with team members, Commercial Portfolio Managers (CPMs), Client Solutions Managers (CSMs) and Commercial Relationship Managers to accurately present findings, including business rationale and risk mitigations, in order to obtain credit approval and meet customer needs.

Analyze business, industry, financial data and other supporting credit information concerning an applicant’s credit request; identify key business and financial risks that may impact the repayment prospects by the borrower; derive conclusions supporting the credit recommendation based on documented facts and/or sound judgement.

Prepare timely, concise and accurate credit recommendations, with limited supervision or revision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models (aka Dual Risk Rating), both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policies exceptions (TPE), tracked guidelines exceptions (TGE), procedures and compliance regulations; and (4) accurate loan coding consistent with the nature of the borrowing relationship and terms of the credit(s).

Monitor borrower financial performance in line with commercial and/or real estate loan documents; spread financial statements and/or ensure required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation. Partner with team members to offer insights into customer financial needs, including opportunities identified using Line of Business-approved relationship expansion tools. May also offer opinions related to a loan structure’s effectiveness to mitigate risks, appropriate to prevailing competitive market environment and bank risk tolerances.

Partner with team members in customer and prospect calls as appropriate. May shadow manage a portfolio as part of training and development, with Underwriting Manager and Market Director mutual approval.

May oversee the work of other commercial underwriters or credit analysts, including the timely review of credit reports prepared by other underwriters to ensure a high level of report quality prior to submission for approval; findings to be captured via a standardized Quality Control (QC) Checklist and used to provide guidance and training to underwriters.

Demonstrate compliance with all bank regulations for assigned job function and apply to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Follow all Bank policies and procedures, compliance regulations, and complete all required annual or job-specific training.

Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

Takes personal initiative and is a positive example for others to emulate.

7-10 years of commercial underwriting/credit analysis experience or relevant lending experience. (Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience; Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.

Advanced knowledge of credit policies, procedures, practices and documentation.

Proficiency with personal computers and related software packages such as Word, Excel, PowerPoint, and other business machines.

Travel Requirements

The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Our Commitment To Diversity

All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: View email address on click.appcast.io.