Senior Mortgage Insurance Underwriter

Anza Mortgage Insurance Company; Wilmington (NC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive pay

Benefits

401(k) plan

Career growth

Inclusive culture

PTO & events

Job summary

Anza Mortgage Insurance Corporation is seeking a detail-oriented Mortgage Insurance Underwriter to join our team in Wilmington, NC. The role focuses on assessing borrower creditworthiness and risk, leveraging technology to deliver excellent service while adhering to risk guidelines.

The candidate will work onsite in Wilmington with flexibility for remote work from specified states. Experience with Encompass, Empower, Vesta, Blue Sage, and Calyx is preferred, as is a strong regulatory acumen.

Qualifications

• Bachelor's degree in Business, Finance, or a related field.
• 5-7 years of mortgage underwriting experience.
• Proficient with automated underwriting systems (e.g., DU/LPA) and loan origination software.
• Experience with modern technology and testing new technologies.
• Strong analytical, problem-solving, and decision-making skills.
• Thorough understanding of insurance risk underwriting and regulatory requirements.
• Excellent written and verbal communication skills.

Responsibilities

• Review and analyze mortgage insurance applications and supporting documents.
• Utilize automated underwriting systems and proprietary tech to evaluate risk and ensure regulatory compliance.
• Communicate clearly with loan officers, processors, and stakeholders to gather information.
• Make informed underwriting decisions based on documentation and risk assessment.
• Document decisions and provide justification for approvals or rejections.
• Prioritize work to meet deadlines and SLAs.
• Maintain up-to-date knowledge of mortgage insurance policies and regulations.
• Identify potential fraudulent activity by reviewing loan docs and vendor reports.
• Support mortgage insurance analysts and participate in testing/validation activities.

Skills

Analytical thinking

Problem solving

Decision making

Attention to detail

Communication skills

Independence

Regulatory knowledge

Education

Bachelor's degree in Business, Finance, or related field

Tools

Encompass

Empower

Vesta

Blue Sage

Calyx

Google Suite

Job description

About this position

About Anza

Anza is building a mortgage insurance company from first principles. Most mortgage insurers operate on decades-old technology, manual workflows, organizational structures, and operating assumptions that have evolved incrementally over time. We believe there is a fundamentally better way.

Our vision is to build the industry's most technology-enabled mortgage insurer, one where software, automation, AI, analytics, and thoughtful operating design create better experiences for customers while allowing the business to scale efficiently without simply adding people.

We are not interested in making legacy processes slightly better. We are interested in building the operating model that mortgage insurance should have had all along.

About the role

Anza Mortgage Insurance Corporation is seeking a detail-oriented and experienced Mortgage Insurance Underwriter to join our team. In this role, you will be responsible for assessing the creditworthiness of borrowers and the associated risks of mortgage insurance applications to ensure they meet our company's guidelines and standards. The ideal candidate will be skilled in leveraging technology to deliver exceptional service and uphold our commitment to risk management. This position will be onsite in our Wilmington, NC location. More specifically, as a de novo Mortgage Insurance Company, the person in this role must be comfortable in an agile work environment often wearing multiple hats.

However we are open to remote work from the following states: Arizona, Colorado, Idaho, Montana, Nevada, Oregon, Utah.

What you'll do

• Review and analyze mortgage insurance applications and supporting documentation, including credit reports, income statements, assets, liabilities, and appraisals.
• Utilize automated underwriting systems and proprietary technology to evaluate applications and potential risk factors, ensuring compliance with both company and industry regulations.
• Communicate clearly and effectively with loan officers, processors, and other stakeholders to gather necessary information, clarify discrepancies, and provide updates.
• Make informed, sound underwriting decisions based on a thorough analysis of documentation and risk assessment.
• Document underwriting decisions and provide justification for approvals or rejections, adhering to clear communication standards.
• Prioritize and manage work efficiently, with a keen focus on meeting deadlines and maintaining service level agreements.
• Maintain a strong, up-to-date knowledge of mortgage insurance policies, lending guidelines, federal and state regulations, and evolving industry standards.
• Identify potential fraudulent activity by carefully reviewing loan documentation and vendor reports.
• Provide support to mortgage insurance analysts, contributing to a collaborative and knowledgeable team environment.
• Participate in system testing and validation activities.

Qualifications

• Proficiency with automated underwriting systems (e.g., Fannie Mae DU, Freddie Mac LPA) and loan origination software.
• Well versed in modern technology including the Google Suite of tools.
• Experience with testing new technologies.
• Demonstrated experience in working with loan origination platforms; Encompass, Empower, Vesta, Blue Sage, Calyx.
• Strong analytical, problem-solving, and decision-making skills.
• Thorough understanding of insurance risk underwriting.
• Exceptional attention to detail and organizational skills.
• Keen ability to establish strong customer relationships
• Excellent written and verbal communication skills.
• Ability to work independently and manage multiple priorities in a fast-paced, technology-driven environment.
• Strong knowledge of industry regulations and compliance standards.

Experience:

5-7 years of experience in mortgage underwriting, with a proven track record of successful risk assessment.

Education:

Bachelor's degree in Business, Finance, or a related field, or equivalent work experience.

What we offer

We’re committed to creating an environment where our team members can thrive both professionally and personally. We currently offer:

• Competitive Compensation – Including salary and performance bonuses.
• ComprehensiveBenefits – Health, dental, vision, and mental wellness support.
• Retirement Savings – 401(k) with company matching.
• Career advancement opportunities with business growth.
• Inclusive Culture – A diverse, collaborative, and supportive workplace where every voice is valued.
• Perks & Extras – Generous PTO, team events, wellness programs, and more.