At a Glance
- Tasks: Lead credit risk strategy and evaluate counterparties in the energy sector.
- Company: Join Corona Energy, a leading independent energy supplier with a vibrant culture.
- Benefits: Competitive salary, profit share bonus, enhanced pension, and private medical insurance.
- Why this job: Shape the future of energy while developing your leadership skills in a dynamic environment.
- Qualifications: 5+ years in credit risk analysis, strong communication, and analytical skills required.
- Other info: Enjoy a modern office, wellbeing programmes, and opportunities for personal growth.
The predicted salary is between 36000 - 60000 £ per year.
Location: Coventry (office based, Monday – Friday, 8.30am to 5pm)
Are you a credit risk expert ready to lead in the energy sector? Join Corona Energy and play a pivotal role in shaping our credit risk strategy.
About Us
At Corona Energy, we have been powering UK businesses for over 20 years. As a leading independent energy supplier, we proudly serve around 13,000 gas and electricity customers — supplying 14% of the industrial and commercial gas market. Our culture is defined by our people. We’re passionate about creating an environment where employees thrive.
The Role
As Credit Risk Underwriter, you will evaluate the creditworthiness of counterparties and manage credit exposure across energy trading and business activities. This is a leadership role with line management responsibilities, requiring strong communication, analytical skills and commercial acumen.
Key Responsibilities
- Conduct in-depth financial analysis of counterparties using financial statements, credit reports, and market data.
- Assess transaction risks, structure credit terms, and propose credit limits aligned with company policies.
- Monitor portfolio credit exposure, identify early warning signals, and prepare reports for senior management.
- Stay informed on industry trends, market dynamics, and regulatory changes impacting risk.
- Build strong relationships with internal and external stakeholders.
- Contribute to credit risk policy development and process improvements.
- Attend monthly external stakeholder meetings in Central London.
What we are looking in this role:
- 5+ years’ experience in credit risk analysis or management, ideally in utilities, energy, or commodities trading.
- Proven people management and leadership experience.
- Excellent stakeholder management experience at all levels.
- Strong financial literacy and ability to interpret credit reports.
- Excellent analytical, negotiation, and communication skills.
- Advanced Excel and strong IT literacy.
- Knowledge of gas or electricity industry.
What’s in it for you?
- Competitive salary + benefits.
- Profit share bonus.
- Enhanced pension & annual leave.
- Private medical insurance, life insurance & income protection.
- Car salary sacrifice scheme.
- Day off on your birthday.
- Amazing company events.
- Stunning new office with a true community feel.
- Online learning account.
Life at Corona Energy
Our culture is built on our values: Empowered, Forward Thinking, Impactful, and Customer First. When you join us, you will also enjoy:
- A modern office space with complimentary breakfast, fruit, snacks, and drinks.
- A wellbeing programme with events and activities focused on your health and personal growth.
- Opportunities to support charity partners, fundraise, or volunteer.
- Regular sports, social events, and our annual company awards.
At Corona Energy, we believe that diversity and inclusion are essential to driving innovation and discovery. We are committed to creating a workplace where everyone feels valued, respected, and empowered to succeed, regardless of their background, identity, or personal circumstances. We actively encourage applications from individuals of all genders, ethnicities, abilities, and experiences.
Credit Underwriter in Coventry employer: Corona Energy
Contact Detail:
Corona Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Underwriter in Coventry
✨Network Like a Pro
Get out there and connect with people in the energy sector! Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals for a chat. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your credit risk expertise and leadership experience. Use real-life examples to demonstrate how you've tackled challenges in the past. We want to see your analytical skills in action!
✨Prepare for Interviews
Do your homework on Corona Energy and the role of Credit Underwriter. Understand their values and culture, and think about how you can contribute to their mission. Prepare questions that show you're genuinely interested in the company and the position.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining the team at Corona Energy. Let’s power up your career together!
We think you need these skills to ace Credit Underwriter in Coventry
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Underwriter role. Highlight your experience in credit risk analysis and any leadership roles you've held. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background makes you a perfect fit for our team. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Analytical Skills: Since this role involves a lot of financial analysis, be sure to mention specific examples where you've successfully evaluated creditworthiness or managed credit exposure. 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 don’t miss out on any important updates. Plus, it shows us you’re keen to join our community!
How to prepare for a job interview at Corona Energy
✨Know Your Numbers
As a Credit Underwriter, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you analyse credit reports and financial statements. Prepare examples of past analyses you've conducted and the outcomes.
✨Showcase Your Leadership Skills
This role involves line management responsibilities, so be prepared to talk about your leadership style. Think of specific instances where you've successfully managed a team or influenced stakeholders. Highlight your ability to build relationships and drive results.
✨Stay Current with Industry Trends
Make sure you're up-to-date with the latest trends in the energy sector and any regulatory changes that could impact credit risk. Bring insights to the interview about how these factors influence credit decisions and be ready to discuss how you would adapt strategies accordingly.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Practice articulating how you would handle various credit risk situations, such as assessing a high-risk counterparty or proposing credit limits. Use the STAR method (Situation, Task, Action, Result) to structure your responses.