Health Underwriter reviews applications for coverage, gathers data, and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter performs group and/or individual underwriting. May require a bachelor's degree. Additionally, Health Underwriter typically reports to a supervisor or manager. The Health Underwriter gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Health Underwriter typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Farmer Mac is looking to hire a driven, analytical, and personable individual for the position of Credit Underwriter - Wholesale Finance.
Position Summary
The Credit Underwriter - Wholesale Finance will play a key role in analyzing, underwriting, and providing recommendations for new and existing credit transactions, as well as perform monitoring of ongoing credit quality of direct and indirect counterparties of Farmer Mac. The Credit Underwriter - Wholesale Finance will work with a variety of financial institution counterparties, including life insurers, commercial banks, real estate investment trusts, private investment funds, and non-bank agricultural lenders. The Credit Underwriter - Wholesale Finance will also provide secondary support to other areas of Corporate AgFinance, which will involve underwriting and credit monitoring of large farm and ranch, agribusiness, and, on occasion, rural utilities and telecom borrowers.
A suitable candidate must be a self-starter, able to work and complete various and recurring tasks timely and thoughtfully. Candidate must also be able to work with minimal supervision within one’s field of expertise and should be an active and efficient communicator.
Who You Will Work With
The position will report directly to the Senior Director - Credit Underwriting and hold a high level of visibility within the company. The position will have regular interaction with a broad swath of internal and external Famer Mac stakeholders including Credit Approvals, Institutional Credit Underwriter - Team Lead, Relationship Management, Transaction Management, Legal, and Managing Director, Head of Wholesale and Corporate AgFinance. The position will also have a high degree of interaction with Farmer Mac credit committee and Farmer Mac clients.
Where and When You Will Work
The position can be based in Farmer Mac’s Washington, D.C. headquarters or remotely. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events.
Minimal travel (< 15%) may be required.
Primary Responsibilities and Duties
Professional Experience/Qualifications
Our compensation philosophy is targeted pay positioning relative to peers, our industry, and external markets. Farmer Mac is committed to a compensation program that will enable the organization to attract, motivate, reward, and retain highly skilled and creative talent to maintain sustained long-term performance and achieve the organization’s strategic business objectives. The typical base pay range for this role is $104,000 to $130,000 per year. Compensation will vary based on experience and geographic work location.
Farmer Mac is an equal opportunity employer.
NO EMPLOYEE OR JOB APPLICANT WILL BE DENIED OPPORTUNITIES OR BENEFITS AT FARMER MAC BASED ON RACE, RELIGION, COLOR, SEX, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, CITIZENSHIP STATUS, GENETIC INFORMATION, OR ANY OTHER BASIS PROHIBITED BY APPLICABLE LAW.
Farmer Mac has adopted an affirmative action program plan to create a workforce that is an accurate reflection of the demographics of the qualified available workforce in the relevant job market. A summary report is available upon request.