Underwriter - Commercial Auto Dealership

Santander’s Commercial Banking Division is an active provider of capital, treasury management and risk management solutions to thousands of small and mid-sized companies in the northeast and across the country. We also have expertise and provide service to specific industry sectors including real estate, asset based lending, energy, education, health care and government.  Our clients rely on the strength of Santander’s balance sheet and the degree to which our relationship managers understand their businesses in order to develop the most relevant and compelling solutions.  In addition, Santander’s significant international presence in regions around the world uniquely positions us to help companies grow their business, both near and far.

Summary

The Underwriter provides efficient customer service to internal/external clients, gathers account information (loss information, driver information, financials, loss control reports, etc.), rates, and issues policies to deliver a superior Insurance product. The incumbent ensures electronic file integrity. The Underwriter is responsible for processing statutory notices, endorsements and other duties as directed by management.

Duties & Responsibilities

• Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies
• Composes accurate and easily understood messages to applicants and outbound Associates if additional information is required to finalize underwriting decisions
• Creates, analyzes, and interprets data from various reports
• Determines whether to accept, modify, or decline risks
• Expands base of knowledge and scope of products
• Oversees and approves endorsements as indicated
• Processes statutory notices, endorsements
• Renders accurate approvals and denials in accordance with program requirements all loans assigned
• Utilizes underwriting tools to determine accurate classifications, rates, and premium charges

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.  We actively encourage everyone to apply.

• Bachelor's Degree or equivalent work experience - Finance, Accounting, Management, Economics or equivalent field
• 0-3 years relevant experience and/or training
• Ability to effectively use multiple systems
• Demonstrates strong written and verbal communication skills
• Proficiency in online reference manuals and materials
• Proficient in MS Word and Excel
• Strong desk management skills, ability to multitask, independently organize work and prioritize competing demands and requests to complete assigned tasks within required time constraints
• Actively seeks information to understand customer needs
• Can identify key financial concepts and potential operational risks within relevant area of responsibility
• Defines issues accurately and identifies the critical components
• Maintains professional behavior at all times in representing the company
• Does all routine work accurately and on-time; is aware of own impact on others
• Openly and proactively shares information
• Works effectively in team settings
• Shows appreciation for others' help and lends a hand when needed to complete shared tasks