At a Glance
- Tasks: Evaluate customer credit risk and make informed lending decisions.
- Company: Dynamic finance company focused on innovation and teamwork.
- Benefits: Attractive salary, flexible hours, and opportunities for growth.
- Other info: Fast-paced environment with potential for career advancement.
- Why this job: Join a team that shapes financial futures and makes impactful decisions.
- Qualifications: Experience in underwriting or credit analysis is preferred.
The predicted salary is between 35000 - 45000 € per year.
The Underwriting Specialist role is to assess the risk associated with extending customer credit and financing.
PRINCIPAL ACCOUNTABILITIES:
- The Underwriting Specialist will assess this risk by manually underwriting dealer proposals in accordance with the company credit/underwriting policy rules and in accordance with service level adherence targets.
- The Underwriter is responsible for ensuring that the quality of their underwriting decisions is in accordance with company tolerances and credit policy rule sets.
- As part of the manual underwriting process, the Underwriter will undertake the appropriate analysis of retail customer’s financial statements in order to assist in reaching timely and accurate conclusions on the Referral (e.g., “Accept” or “Decline” decision).
- This information, coupled with an analysis of the customer’s repayment capacity, will enable the Underwriter to reach the appropriate lending decision.
- The Underwriting Specialist will utilise the Genus system to achieve acceptance decision targets.
- Using a proactive approach to work management and service level adherence, the Underwriter also uses the Genus system to help self-manage their work queues.
- This will ensure that work queues are reviewed and actioned in accordance with agreed proposal status review targets.
KNOWLEDGE, EXPERIENCE, QUALIFICATIONS:
- 3 years’ experience in an underwriting or credit analysis role.
Underwriter employer: Connect Recruitment Consultants Ltd.
As an Underwriting Specialist with us, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. Our company offers competitive benefits, a collaborative culture, and opportunities for professional advancement, all while being located in a vibrant area that fosters both personal and career fulfilment. Join us to make meaningful contributions while enjoying a rewarding work-life balance.
Contact Detail:
Connect Recruitment Consultants Ltd. Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the underwriting field on LinkedIn or at industry events. You never know who might have a lead on your dream job or can give you insider tips.
✨Tip Number 2
Practice your interview skills! Mock interviews with friends or mentors can help you nail those tricky questions. Focus on showcasing your analytical skills and decision-making process, as these are key for an Underwriting Specialist.
✨Tip Number 3
Stay updated on industry trends! Read up on the latest in credit policies and risk assessment techniques. This knowledge will not only impress interviewers but also show that you're passionate about the role.
✨Tip Number 4
Apply through our website! We make it super easy for you to find and apply for underwriting roles. Plus, it shows you're serious about joining our team and helps us keep track of your application.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriting Specialist role. Highlight your relevant experience in assessing risk and credit policies, and don’t forget to mention any specific tools or systems you’ve used, like Genus.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your skills align with our company’s values. Keep it concise but impactful!
Showcase Your Analytical Skills:Since the role involves analysing financial statements, be sure to provide examples of how you've successfully assessed risk in the past. We love seeing real-life applications of your skills!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Connect Recruitment Consultants Ltd.
✨Know Your Numbers
As an Underwriting Specialist, you'll need to demonstrate your understanding of financial statements and risk assessment. Brush up on key financial metrics and be ready to discuss how you analyse them in your decision-making process.
✨Familiarise Yourself with the Genus System
Since the role involves using the Genus system for underwriting decisions, it’s a good idea to familiarise yourself with its functionalities. If possible, try to get hands-on experience or watch tutorials so you can speak confidently about how you would use it in your daily tasks.
✨Prepare for Scenario Questions
Expect to face scenario-based questions where you’ll need to explain how you would handle specific underwriting situations. Think of examples from your past experience where you made tough decisions and be ready to walk the interviewer through your thought process.
✨Show Your Proactive Approach
The job requires a proactive approach to managing work queues. Be prepared to discuss how you prioritise tasks and manage your time effectively. Share examples of how you've successfully met deadlines and adhered to service level targets in previous roles.
