At a Glance
- Tasks: Lead underwriting on deals, assess risk, and structure approvals for fast-paced funding.
- Company: Elect Capital, a dynamic company disrupting traditional finance for ambitious UK businesses.
- Benefits: Competitive salary, ownership of work, and opportunities for rapid career growth.
- Other info: Join a mission-driven team that values clarity, pace, and practical thinking.
- Why this job: Make an immediate impact in a fast-moving environment while supporting ambitious businesses.
- Qualifications: Experience in underwriting, strong organisational skills, and a commercial mindset.
The predicted salary is between 36000 - 60000 £ per year.
Elect Capital backs ambitious UK businesses with capital that cuts through the noise. Built for speed, edge and action, we deliver funding where others stall. We’re not here to reinvent lending – we’re here to do it better. We move at the pace of our clients and connect them to capital that works. Elect offers 1–6 month fixed‑term business finance with daily or weekly repayments and fast, transparent decisions. 90% of completed applications receive an offer within 4 hours – with clear pricing, no unnecessary hurdles, and a team that knows how to get deals done. Whether a client applies directly or via a broker, we aim to make the funding journey sharp, clean and simple.
OUR MISSION We are on a mission to back ambition. Disrupting the lines of traditional finance and providing access to ambitious businesses, with capital that moves as fast as they do.
OUR VALUES C.O.R.E Challenge – Ask the hard questions. Improve what you touch. Opportunity – Spot it. Shape it. Run with it. Resilience – Stay steady. Adapt fast. Keep momentum. Edge – Think sharp. Move sharp. Stand out. We hire people who act fast, think commercially, and bring clarity to everything they do.
THE PERFECT FIT We’re not a coasting kind of company. Elect is fast, challenging and focused – and we love it that way. Things move quickly here, and the bar is high. If you thrive in that kind of environment, you’ll do well. To thrive at Elect, you’ll need:
- A sharp mind and a strong work ethic
- The ability to stay calm, focused and accurate under pressure
- A natural instinct to spot issues, fix them fast, and always look for a better way
- Resilient and a team‑first mentality – we challenge each other daily, but we back each other even harder
- A bias for clarity, action and ownership
- A desire to go beyond the job description and raise the bar
THE ROLE We’re looking for a sharp, decisive & experienced Senior Underwriter to take ownership of credit decisions across our deal flow. You’ll assess risk, structure approvals, and work closely with sales, ops, and credit to move good deals fast — and stop bad ones faster. This is a high‑impact role where commercial instinct, precision, and pace are essential.
KEY RESPONSIBILITIES
- Lead underwriting on deals from £25k–£750k
- Analyse financials, bank data, and open banking feeds to assess creditworthiness
- Apply credit risk policies while spotting smart exceptions
- Structure offers that balance speed, risk, and commercial value
- Work closely with the sales team to support fast decisions and clean execution
- Escalate and advise on edge cases and complex scenarios
- Maintain underwriting documentation and CRM accuracy
- Coach junior underwriters and support continuous credit policy refinement
WHAT WE’RE LOOKING FOR
- Highly organised — nothing gets missed, nothing gets dropped
- Thrives in fast‑paced environments with multiple moving parts
- Clear, professional communicator with a commercial edge
- Self‑starter who stays aligned with team goals
BONUS Experience in unsecured, short‑term SME underwriting.
OUR OFFER A fast, focused environment where your impact is immediate. Ownership over your work and a voice in how we improve. Opportunities to grow with a company that’s scaling quickly. A team that values clarity, pace, and practical thinking. Competitive salary and path for progression. A chance to contribute to a mission driven company.
Think you’re a fit? Let’s talk.
Senior Underwriter employer: Elect Capital
Elect Capital is an exceptional employer for those seeking a dynamic and fast-paced work environment. With a strong focus on employee growth, we offer opportunities to take ownership of your work and contribute to our mission of backing ambitious UK businesses. Our culture values clarity, resilience, and teamwork, ensuring that every team member can thrive while making a meaningful impact in the world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Elect Capital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Elect Capital.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Elect Capital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Elect Capital
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Elect Capital.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Elect Capital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Elect Capital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
