Underwriting Advance Specialist I
Love's Travel Stops
Chicago, ILFresher5h agovia LinkedIn
About the Role
The Underwriting Representative is responsible for reviewing client factoring applications, recommending potential structures, and documenting approvals on new clients.
Key Responsibilities
- 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
Requirements & Tech Stack
- Knowledge of Microsoft Office
- Ability to operate a computer keyboard and calculator
Qualifications
- HS Diploma or equivalent required
- Bachelor’s degree in finance or accounting preferred
- 0-1 years of related experience
- Previous factoring experience preferred
- 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
- 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
This is an onsite role located in Chicago, IL.
Pay will range from $18.00-19.00/hour.