Broker Underwriting Specialist

Pepper Money UK; Manchester; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Competitive salary

Bonus schemes

Hybrid working

Career development

25 days holiday

Private medical insurance

Pension scheme

Job summary

Pepper Money UK in Manchester is seeking a Broker Underwriting Specialist to join our dynamic Sales Operations team. You will assess applications, ensure policy alignment and deliver outstanding service to brokers and customers.

This role offers a hybrid working model with three days in the Manchester office and two at home, opportunities for career development, and exposure to a growing specialist lending business backed by a global institution.

Qualifications

• Experience within mortgage underwriting, specialist lending or related financial services.
• Strong understanding of mortgage lending principles and underwriting processes.
• Knowledge of FCA regulation, Consumer Duty and mortgage lending requirements.
• Excellent verbal and written communication skills.
• Proven ability to build relationships with brokers, customers and internal stakeholders.
• Strong organisational skills to manage a busy pipeline.
• High attention to detail and risk-based decision making.
• Proficiency in Microsoft Office.

Responsibilities

• Assess new mortgage applications against lending policy and criteria.
• Review documentation including valuations, income evidence, bank statements and credit reports.
• Manage a pipeline of cases and progress through underwriting.
• Build relationships with brokers, packagers and internal stakeholders.
• Provide updates on application progress with clear communication.
• Apply sound judgement to assess circumstances and evidence.
• Ensure decisions comply with regulatory requirements and business objectives.
• Meet service levels, quality standards and targets.
• Identify opportunities for process improvements.

Skills

Mortgage underwriting

Underwriting processes

FCA regulation

Communication skills

Relationship building

Microsoft Office

Attention to detail

Team collaboration

Tools

Excel

Word

Outlook

PowerPoint

Job description

Working in our dynamic, successful Sales Operations team there has never been a better time to join Pepper Money,a specialist mortgage lenderbacked by a global financial institution offering first and second charge loans.

We really do believe that it’s our people who are our main competitive advantage – the ‘thing’ that sets us apart from our competitors.

Our passion is to ‘Help People Succeed'. This is at the heart of everything we do and includes our valued customers, intermediary brokers and partners as well as all of our fantastic colleagues.

We operate a hybrid working model, with a split of three days in the Manchester office and two days at home.

What you will be doing

As a Broker Underwriting Specialist, you’ll be a key part of the journey from application to approval, delivering exceptional service to brokers and customers while ensuring all lending decisions align with policy, procedures and risk appetite. Using your underwriting expertise and knowledge of lending criteria, you’ll assess applications, manage case pipelines and work closely with brokers and internal teams to achieve positive customer outcomes.

• Assess new mortgage applications against lending policy and criteria.
• Review and assess supporting documentation including valuations, income evidence, bank statements and credit reports.
• Manage a pipeline of cases, ensuring applications progress efficiently through the underwriting process.
• Build strong relationships with brokers, packagers and internal stakeholders to deliver outstanding service.
• Respond to queries and provide updates on application progress, ensuring clear and proactive communication.
• Apply sound judgement to assess individual circumstances and supporting evidence, ensuring fair and consistent lending decisions.
• Ensure all decisions and processing activities are completed in line with regulatory requirements and business objectives.
• Meet agreed service levels, quality standards and performance targets.
• Identify opportunities for continuous improvement across underwriting processes and customer journeys.
• Support a positive compliance, risk and customer-focused culture across the business.

What we are looking for

We’re looking for a customer-focused underwriting professional with a strong understanding of mortgage lending and a passion for delivering great outcomes. You’ll be an excellent communicator who thrives in a fast-paced environment, balancing attention to detail with strong relationship-building skills. With a proactive and collaborative approach, you’ll enjoy working as part of a team while taking ownership of your individual caseload.

• Experience within mortgage underwriting, specialist lending or a related financial services environment.
• Strong understanding of mortgage lending principles, underwriting processes and customer journeys.
• Knowledge of FCA regulation, Consumer Duty and mortgage lending requirements.
• Excellent verbal and written communication skills.
• Proven ability to build relationships with brokers, customers and internal stakeholders.
• Strong organisational skills with the ability to manage a busy pipeline and prioritise effectively.
• High attention to detail and the ability to make informed, risk-based decisions.
• Proficiency in Microsoft Office, including Excel, Word, Outlook and PowerPoint.
• A proactive, adaptable and team-oriented approach to work.

Some of the benefits we provide are:

• Competitive salaries and bonus schemes
• Hybrid home and office working with flexible working arrangements
• Opportunities to develop your career within the wider firm
• 25 days’ holiday & bank holidays plus birthday off
• Single Private Medical Insurance cover with BUPA
• Personal pension scheme with generous matched company contributions

In return for your commitment, you’ll have the chance to develop your career in a dynamic environment, working alongside top talent and an exceptional leadership team. If you want to be involved in our exciting expansion plans and have the chance to really shape and influence the way the business grows, then we’d love to hear from you.

We also want our people to feel a sense of belonging at Pepper Money. We are committed to meeting our Diversity, Equality and Inclusion charter, further information can be found on the Careers section on our website.