At a Glance
- Tasks: Evaluate creditworthiness and make lending decisions in a hybrid work environment.
- Company: Corpay is a global leader in business payments, innovating since 2000.
- Benefits: Enjoy 25 days holiday, private healthcare, and a pension scheme with 5% employer contribution.
- Why this job: Join a diverse team focused on innovation and personal growth in the finance sector.
- Qualifications: 1+ years in credit or financial services preferred; strong analytical skills required.
- Other info: Embrace a culture of diversity and inclusion while shaping the future of global payments.
The predicted salary is between 28800 - 43200 £ per year.
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What We Need
Corpay is currently looking to hire a Junior Underwriter within our Fleetcor Europe division. This position falls under our Corporate Payments line of business, located in Ipswich, UK. In this role, you will play an important role in evaluating creditworthiness, determining risk levels, and making decisions that align with lending policies. In this role, you will be reporting to the Credit Manager.
Your role
What You\’ll Be Doing
What We Need
Corpay is currently looking to hire a Junior Underwriter within our Fleetcor Europe division. This position falls under our Corporate Payments line of business, located in Ipswich, UK. In this role, you will play an important role in evaluating creditworthiness, determining risk levels, and making decisions that align with lending policies. In this role, you will be reporting to the Credit Manager.
How We Work
As a Junior Underwriter, you will be expected to work in a hybrid environment. Corpay will set you up for success by providing:
- Assigned workspace in office and home office setup
- Company-issued equipment
- Formal, hands-on training
Role Responsibilities
Application Assessment & Credit Analysis
- Reviewing and assessing new customer applications using internal credit scoring models and external credit bureau data.
- Analyzing financial statements, credit reports, and other relevant data to determine creditworthiness.
- Ensuring all applications are complete, accurate, and compliant with internal policies and regulatory standards.
- Liaising with internal teams (e.g., Sales, Compliance) to gather additional information when required.
Operational Underwriting
- Making timely and accurate credit decisions within delegated authority levels.
- Escalating complex or high-risk applications to senior underwriters or credit managers.
- Maintaining accurate records of decisions and rationale in underwriting systems.
- Supporting the day-to-day workflow of the underwriting queue, ensuring SLAs are met.
Compliance & Risk Management
- Adhering to internal credit policies, risk appetite, and regulatory requirements.
- Contributing to continuous improvement initiatives within the underwriting process.
- Participating in regular training to stay current with industry best practices and regulatory changes.
Qualifications & Skills
- Experience in credit, lending, or financial services (1+ years preferred).
- Familiarity with credit scoring models and credit bureau data.
- Strong analytical and decision-making skills with high attention to detail.
- Effective communication skills, both written and verbal.
- Ability to work independently and collaboratively in a fast-paced environment.
- Proficiency in Microsoft Office and credit analysis tools or platforms.
Benefits & Perks
- 4 X Life insurance
- Pension scheme 5% employer contribution
- Private Healthcare
- 25 days Holiday (plus Holiday Buy/Sell)
- Access to benefits portal
- Access to LinkedIn learning
Our Company & Purpose
CORPAY is a global leader in business payments, laser focused on developing smarter ways for businesses to pay their expenses. Since 2000, CORPAY has developed innovative digital solutions that help businesses better track, manage, and pay their expenses. Today, CORPAY is an S&P 500 company with hundreds of thousands of customers using our products in over 100 countries. Companies of all sizes, industries and geographies rely on our product portfolio to manage spending more quickly, efficiently and securely than ever before.
We embrace a culture grounded in five key values: integrity, collaboration, innovation, execution and people. These values offer you the opportunity to ‘thrive & grow’ through career development, volunteer, community, and wellness initiatives. This allows you to create a balance between professional goals and personal achievement.
CORPAY is also committed to building and nurturing a culture of diversity, inclusion, equality, and belonging by:
- Welcoming people of different backgrounds, cultures, ethnicities, genders, and sexual orientations.
- Empowering our people to share their experiences and ideas through open forums and individual conversations; and
- Valuing each person’s unique perspectives and individual contributions.
Embracing diversity enables our people to “make the difference” as CORPAY and its more than 8,000 employees continue to shape the future of global payments. Learn more by visiting www.CORPAY.com or following CORPAY on LinkedIn.
Equal Opportunity/Affirmative Action Employer
CORPAY is an Equal Opportunity Employer. CORPAY provides equal employment opportunities to all employees and applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information, veteran and/or military status or any other group status protected by federal or local law. If you require reasonable accommodation for the application and/or interview process, please notify a representative of the Human Resources Department.
#INDOPS-INT
Seniority level
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Seniority level
Entry level
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Employment type
Full-time
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Job function
Finance and Sales
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Colchester, England, United Kingdom 3 weeks ago
Ipswich, England, United Kingdom 1 day ago
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Junior Underwriter employer: Corpay
Contact Detail:
Corpay Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Underwriter
✨Tip Number 1
Familiarise yourself with credit scoring models and financial analysis techniques. Understanding these concepts will not only help you in the role but also impress the hiring managers during your discussions.
✨Tip Number 2
Network with professionals in the finance and underwriting sectors. Engaging with industry experts can provide valuable insights and potentially lead to referrals, increasing your chances of landing the job.
✨Tip Number 3
Stay updated on regulatory changes and best practices in underwriting. Demonstrating your knowledge of current trends during interviews can set you apart from other candidates.
✨Tip Number 4
Prepare for situational questions that assess your decision-making skills. Think of examples from your past experiences where you had to analyse data and make critical decisions, as this is key for a Junior Underwriter role.
We think you need these skills to ace Junior Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Junior Underwriter at Corpay. Familiarise yourself with the key tasks such as application assessment, credit analysis, and compliance management.
Tailor Your CV: Highlight relevant experience in credit, lending, or financial services. Emphasise your analytical skills and any familiarity with credit scoring models. Make sure your CV reflects how your background aligns with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific reasons why you want to work at Corpay and how you can contribute to their values of integrity, collaboration, and innovation.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application demonstrates attention to detail, which is crucial for a Junior Underwriter.
How to prepare for a job interview at Corpay
✨Understand the Role
Before your interview, make sure you thoroughly understand the responsibilities of a Junior Underwriter. Familiarise yourself with credit analysis, risk assessment, and compliance requirements. This will help you answer questions confidently and demonstrate your knowledge.
✨Prepare for Technical Questions
Expect to be asked about credit scoring models and how to analyse financial statements. Brush up on these topics and be ready to discuss your previous experience in credit or lending. Showing that you can apply your knowledge practically will impress the interviewers.
✨Showcase Your Analytical Skills
As a Junior Underwriter, strong analytical skills are crucial. Be prepared to provide examples of how you've used these skills in past roles. Discuss specific situations where your attention to detail made a difference in decision-making.
✨Emphasise Team Collaboration
Corpay values collaboration, so highlight your ability to work well with others. Share experiences where you liaised with different teams, such as Sales or Compliance, to achieve a common goal. This will show that you can thrive in a hybrid work environment.