Underwriting Representative

Love's Travel Stops; Chicago (IL); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Company funded tuition assistance

Paid Time Off

401(k) – 100% Match up to 5%

Medical/Dental/Vision Insurance

Competitive Pay

Career Development

Job summary

A national travel services company is seeking an Underwriting Representative based in Chicago, IL. This onsite role involves analyzing client factoring applications, recommending pricing structures, and communicating with the sales team in relation to new client applications. Candidates should have a high school diploma, with a degree in finance or accounting preferred, and possess strong credit analysis skills. The position offers benefits including tuition assistance and a 401(k) match.

Qualifications

• 0-1 years of related experience.
• Previous factoring experience preferred.

Responsibilities

• Analyze factoring applications and credit quality for new clients.
• Recommend proposed pricing and structure.
• Communicate with inside sales team after reviewing applications.
• Analyze client and customer credit information.
• Provide current information on industry trends.
• Provide final approval for transactions up to $100,000.
• Work with operations staff to redocument existing customers.

Skills

Credit analysis

Communication skills

Microsoft Office

Problem-solving

Education

HS Diploma or equivalent

Bachelor’s degree in finance or accounting

Job description

This is an onsite role located in Chicago, IL.

Benefits:

• Fuel Your Growth with Love's - company funded tuition assistance
• Paid Time Off
• 401(k) – 100% Match up to 5%
• Medical/Dental/Vision Insurance the first of the month after 30 days
• Competitive Pay
• Career Development

Welcome to Love's:

The Underwriting Representative is responsible for reviewing client factoring applications, recommending potential structures, and documenting approvals on new clients.

Job Functions:

• Analyze factoring applications and credit quality for all new clients
• Recommend proposed pricing and structure
• Communicate with inside sales team after reviewing new client applications and credit information
• Analyze client and customer credit information to determine credit worthiness
• Provide current information on industry trends
• Provide final approval for transactions of $100,000.00 and under
• Work with operations staff to redocument existing customers
• Other duties as assigned

Experience and Qualifications:

• HS Diploma or equivalent required
• Bachelor’s degree in finance or accounting preferred
• 0-1years of related experience
• Previous factoring experience preferred

Skills and Physical Demands:

• Ability to quickly grasp the credit quality of a prospective client
• Ability to understand where a prospective client stands in Love’s marketplace
• Willingness to find solutions to prospective clients’ problems
• Work well with sales staff
• Excellent verbal and written communication skills
• Knowledge of Microsoft Office
• Understand the cross-selling opportunities of other Love's products
• Manual dexterity sufficient to operate a computer keyboard and calculator
• Requires prolonged sitting, some bending and stooping

Love's is an Equal Opportunity Employer. Veterans encouraged to apply.