Junior Underwriting Assistant

The Legends Agency; Cape Town; Hybrid; ZAR 200 000 - 300 000; Full time

Job summary

A dynamic fintech company based in Cape Town is seeking a Junior Underwriting Assistant. This role is ideal for new or recent graduates with a degree in Accounting or Finance. The Junior Underwriting Assistant will support the underwriting team by preparing deals and conducting preliminary reviews on potential clients. This position offers growth opportunities within the team as the company expands in South Africa.

Qualifications

• Degree in Accounting or Finance is non-negotiable.
• 2-3 years of experience or fresh graduate with internship experience.
• Strong academic background.

Responsibilities

• Assist the underwriting team in preparing deals for underwriting.
• Conduct preliminary reviews of potential clients.
• Support the UW team in maintaining accurate records.

Skills

Excellent research and analytical skills

Attention to detail

Ability to work well within a team

Proactive mindset

Education

Degree in Accounting or Finance

Job description

About the job Junior Underwriting Assistant

Reports to: Head of Underwriting & Senior Underwriting Manager

Salary: R20k toR30k per month, depending on experience

Location: Hybrid, Cape Town

About Us

Our client is a fast-growing fintech lending to small and medium-sized businesses in the UK.

Role Overview

Our client is looking for a Junior Underwriting Assistant to join their Underwriting team. This role is suited for a new or recent graduate with a background in accounting or finance, with up to 2-3 years of experience. You will assist the Underwriting (UW) team by preparing deals for underwriting and conducting preliminary reviews, which include researching companies and reviewing credit reports.

This role is key in supporting the UW team, with the potential to grow into a full Underwriting role if a position becomes available within the next 1-2 years. This is a great opportunity to develop within the team as they look to expand in SA.

Key Responsibilities

• Assist the underwriting team in preparing deals for underwriting
• Conduct preliminary reviews of potential clients, including company research and reviewing credit reports
• Support the UW team in maintaining accurate records and documentation
• Collaborate with team members to ensure smooth deal progression
• Stay informed on industry trends and financial developments

Requirements

• Degree in Accounting or Finance (non-negotiable)
• 2-3 years of experience (or fresh graduate with internship experience)
• Strong academic background
• Excellent research and analytical skills
• Ability to work well within a team
• Attention to detail and accuracy in reviewing financial data
• Proactive mindset and willingness to learn