Underwriter

Premium Credit; Leatherhead; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading finance firm in Leatherhead is seeking an Underwriter to assess loan applications and provide lending decisions. You will work collaboratively with partners to maximize relationships and ensure compliance with company processes. Ideal candidates should have prior credit underwriting experience and strong analytical skills. The position offers a competitive salary and hybrid working arrangements.

Benefits

Competitive salary up to £50,000

Workplace pension scheme

Hybrid working

25 days annual leave

Private health and dental cover

Investment in personal development

Qualifications

• Experience in a similar credit underwriting position.
• Capable of assessing loan applications and compliance with regulations.

Responsibilities

• Assess loan applications and provide lending decisions.
• Participate in underwriting renewals and analysis of large value cases.
• Review customer credit reports and financial statements.

Skills

Ability to cope with large volumes

High numeracy and accuracy

Ability to read financial reports

Clear and concise summarization skills

Experience with instalment credit

Job description

Underwriter

Leatherhead, Surrey

Why work for us?

Our team is growing and we are hiring additional positions to our Underwriting team to help us continue this success. This is a great opportunity to develop a varied and rewarding career with a company that invests in, recognises and rewards its people.

• Competitive salary up to £50,000 per annum
• A workplace pension scheme
• Hybrid working, with collaborative days in our Leatherhead office
• 25 days annual leave (plus bank holidays), with options to purchase and sell up to 5 days holiday per year (pro rata)
• Private health and dental cover
• Support and investment in your personal development
• 24/7 access to Employee Assistance Programme and Mental Health First Aiders

What we do

Premium Credit is the leading provider of insurance premium finance and a range of annually charged services, including tax, regulatory and accountancy fees, sports season tickets, memberships and school fees in the UK and Ireland. We are a multi award winning business lending more than £4.5 billion to over 2.5 million customers through a network of almost three thousand partners- and growing.

We are a successful business with a Trustpilot rating of 4.5, a Net Promoter Score of +78, a Glassdoor rating of 4.0 and a Silver Sustainability medal.

The Role

Reporting to the Senior Underwriter, you’ll assess loan applications from partners, providing commercially based lending decisions, ensuring that these decisions comply with regulations and PCL processes.

You will also:

• Underwrite cases within your individual mandate, adhering to policies and internal and external service level agreements
• Participate in the underwriting of renewals, requesting additional information as required
• Participate in analysis and preparation of large value cases, providing recommendations
• Review customer credit reports, balance sheets, accounts and cash flow models to assess level of risk, underwriting appropriately
• Work collaboratively with the sales team and partners to understand requirements, developing business opportunities within the risk appetite of the company
• Continuously look for improvements to processes to maximise relationships

Who we are looking for

If you’re an individual who thrives in a fast‑paced environment, able to work collaboratively with others and are looking to make a difference, this is a brilliant opportunity to advance your career to the next level with our sector‑leading company. At Premium Credit, you will be supported to develop and expand your skills, knowledge and experience.

To be successful as our underwriter, you will already have experience within a similar credit underwriting position.

• You have the ability to cope with large volumes
• You are able to read unaudited balance sheets, cash flow statements and other financial reports
• You’re highly numerate and display high levels of accuracy and attention to detail
• You’re able to clearly and concisely summarise proposal
• It would be ideal if you have experience of instalment credit

We are committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please let us know on the application form or by sending an email to [e-mail]

If you are made an offer of employment you will be required to prove your eligibility to work in the UK before you start work. You must reside in the UK from the start date of this role; unfortunately we are unable to provide visa sponsorship at this time.

To ensure you can work from home efficiently you will be asked to provide your internet speed at the application stage.

Premium Credit are an equal opportunities employer with a strong and passionate commitment to Diversity, Equality and Inclusion in the workplace. We welcome applications from all sections of the community and encourage people from all backgrounds to apply. Equal opportunities are the only acceptable way to conduct business and we believe that the more inclusive our environments are, the better our work will be. We are open to part‑time working and job share.

By submitting your application, you agree that Premium Credit may collect your personal data for recruiting and related purposes. To view our Privacy Notice please go to: https://www.premiumcredit.com/Recruitment-privacy-notice

All postholders will be subject to appropriate pre‑employment vetting procedures and a satisfactory Disclosure & Barring Service (DBS) check prior to appointment.

So, if role appeals to you and you’re looking to join an industry‑leading organisation, please apply. Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply? And if you’re in a job share just apply as a pair. We look forward to hearing from you.

Please note, we reserve the right to close this vacancy early if we identify a number of suitable candidates. All applicants will be advised if the vacancy closes early.

We are not engaging agency support for this role and respectfully ask that agencies do not submit unsolicited candidate details to Premium Credit Limited in relation to this role.