Junior Underwriter

About the Role

Immediate Advances is seeking an organized, detail-oriented Junior Underwriter to support underwriting and funding operations. This role involves reviewing merchant applications and financial information, identifying discrepancies, maintaining accurate records, and helping move submissions through the underwriting process. The successful candidate will work closely with experienced underwriters, sales, and operations staff to evaluate submissions and prepare files for review and funding.

Key Responsibilities

• Review merchant applications and supporting documents for accuracy and completeness.
• Analyze business bank statements, credit reports, payment activity, and other financial information.
• Review profit and loss statements, balance sheets, and tax returns when applicable.
• Identify inconsistencies, missing information, and potential risk indicators, and escalate them for review.
• Assist senior underwriters with evaluating new submissions and renewal requests.
• Prepare underwriting summaries and recommendations within established company guidelines.
• Communicate approved offers and terms as directed by authorized underwriting personnel.
• Conduct preliminary merchant verification calls and document the results.
• Coordinate with sales, underwriting, and operations to obtain outstanding information and resolve processing issues.
• Help manage deal flow and ensure timely preparation of contracts and funding files.
• Maintain accurate Salesforce records, notes, documents, and follow-up tasks.
• Support reviews of existing merchant accounts and renewal opportunities.
• Follow company policies, approval requirements, and information-security procedures.

Requirements & Tech Stack

• Strong analytical, organizational, and problem-solving skills.
• Excellent attention to detail and accuracy when reviewing financial information.
• Clear, professional written and verbal communication.
• Ability to manage multiple submissions, prioritize tasks, and follow through on outstanding items.
• Comfort working with financial calculations, spreadsheets, documents, and CRM systems.
• Proficiency with Microsoft Excel or Google Sheets and standard office software.
• Ability to work efficiently in a fast-paced environment.
• Sound judgment about when to investigate further or escalate an issue.
• Dependability, willingness to learn, and the ability to work collaboratively.

Qualifications

• Experience in underwriting, financial services, or financial-document review is preferred.
• Salesforce experience is a plus.

Compensation and Benefits

• Annual base salary of $55,000.
• Opportunity to earn bonuses. Bonus criteria and terms will be explained during the hiring process.
• Medical, dental, and vision coverage, subject to applicable plan eligibility.
• A 90-day probationary period to assess performance, training progress, and suitability for the role.

Location and Schedule

• Based in Aventura, Florida.
• Monday–Thursday onsite; Friday generally remote.
• Candidates must be able to meet the onsite schedule; this is not a fully remote position.
• Candidates must be legally authorized to work in the United States. Employer visa sponsorship is not available for this position.