Underwriting Assistant

Job Reference: 31369-Underwriting assistant
Company: RecruitArab - recruiter
Industry: Real Estate
Job Title: Underwriting Assistant - Real Estate

Location: Dubai, United Arab Emirates

Job Type: Full-Time

Closing Date: 2024-09-29

Email for Application: apply@emiratesrecruiter.com

Job Summary:

We are seeking a motivated and detail-oriented Underwriting Assistant to join our dynamic team in Dubai's real estate sector. The ideal candidate will support the underwriting process by analyzing property data, conducting market research, and assisting underwriters in evaluating risk and making informed decisions. This role is critical in ensuring the efficiency and accuracy of our underwriting operations.

Key Responsibilities:

- Assist underwriters in the evaluation of real estate applications by gathering and analyzing relevant financial and property data.
- Conduct market research to assess property values, trends, and risks associated with potential investments.
- Prepare and maintain underwriting documentation, ensuring that all files are organized and up to date.
- Collaborate with internal teams, including sales, legal, and finance, to obtain necessary information and resolve any issues related to underwriting.
- Review property appraisals, credit reports, and title reports to assess the risk of potential investments.
- Support the development of underwriting guidelines and procedures to streamline operations.
- Respond to inquiries from clients and brokers regarding underwriting processes and documentation requirements.
- Maintain accurate records of underwriting activities and assist in generating reports for management review.
- Stay updated on industry trends, regulations, and best practices in real estate underwriting.

Qualifications:

- Bachelor's degree in finance, real estate, business administration, or a related field.
- A minimum of 2-5 years of experience in underwriting, real estate analysis, or a related field.
- Strong analytical skills with the ability to interpret financial statements and market data.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with underwriting software is preferred.
- Excellent communication skills, both written and verbal, with the ability to collaborate effectively with team members and clients.
- Detail-oriented and organized, with strong time management skills to handle multiple tasks and meet deadlines.
- Knowledge of real estate markets in Dubai and understanding of local regulations and practices is an advantage.

What We Offer:

- Competitive salary and benefits package.
- Opportunity to work in a dynamic and growing real estate market.
- Professional development and career advancement opportunities.
- A collaborative and supportive team environment.

If you are passionate about real estate and looking to build a career in underwriting, we encourage you to apply. Please send your CV and a cover letter outlining your relevant experience to apply@emiratesrecruiter.com by 2024-09-29.

We look forward to welcoming a new member to our team!


Please inculde this job reference [31369-Underwriting assistant] in the email when you send your application.

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