Trainee Underwriter - Nottingham - Hybrid - £29,000 + Bonus
The Role
An exciting opportunity has arisen for a Trainee Underwriter to join an established financial services business based in Nottingham.
This is an excellent opportunity for someone looking to build a career within underwriting, lending or financial services, with full training and ongoing development provided.
The successful candidate will be responsible for assessing finance applications and making informed lending decisions based on a customer's affordability, stability and intent. The role will involve asking detailed questions, actively listening to customers and challenging information where appropriate to ensure responsible and positive customer outcomes.
You will also take ownership of inbound and outbound calls with customers, dealers and internal teams, ensuring applications are processed efficiently while maintaining a high level of customer service.
Key responsibilities will include:
- Assessing and completing new finance applications.
- Making informed lending decisions based on detailed customer information.
- Using effective questioning and active listening to assess affordability, stability and intent.
- Handling inbound and outbound calls with customers, dealers and internal stakeholders.
- Accurately documenting applications, decisions and outcomes.
- Taking ownership of individual performance and identifying areas for improvement.
- Working collaboratively within the underwriting team to ensure an efficient application process.
- Contributing to improvements across the customer journey and underwriting process.
Requirements
- 6 months plus experience working in a commercial environment (doesn't have to be the same industry but that will be favoured).
- Personable, communicative nature and desire to learn.
- Strong decision-making skills and the ability to assess information objectively.
- Excellent attention to detail and accuracy.
- Strong active listening and questioning skills.
- Clear and confident communication skills.
- A customer-focused approach with an understanding of positive customer outcomes.
- A self-motivated attitude and genuine desire to learn and develop.
- The ability to adapt communication and approach to different customers and situations.
- The confidence to challenge information appropriately and professionally.
Desirables
Previous experience within underwriting, lending, financial services, customer service, customer-facing, sales or a telephone-based environment would be beneficial, although full training will be provided.
The Company
The successful candidate will join an established financial services organisation with a strong focus on customer outcomes, employee development and continuous improvement.
The role is based from the company's Nottingham office. During the initial training period, you will be required to attend the office full time. After a couple months, more flexibility will be introduced, going down to 3 days in the office, 2 days WFH. All equipment provided for home and office working.
Starting salary will be £29,000 with a quick progression scheme to progress this over a short time. Further benefits include an annual bonus scheme, holiday buy and sell scheme, internal training schemes, private healthcare schemes and lots more.
Apply Now
If you're looking to build a long-term career in underwriting and financial services and have the attention to detail, communication skills and decision-making ability to succeed, this will be the role for you!
Trainee Underwriter - Nottingham - Hybrid - £29,000 + Bonus
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Trainee Underwriter in Nottingham employer: Oscar Technology Careers
As a Network Incident Recovery Specialist, you will thrive in a fully remote environment that champions work-life balance with a four-day working week. Our company fosters a collaborative culture where technical expertise is valued, and employees are encouraged to grow through challenging projects and continuous learning opportunities, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Underwriter in Nottingham
✨Get Clued Up on Insurance Events
Join local insurance events or workshops to network and soak in knowledge about the industry. It's a great way to meet potential employers, like Oscar Technology Careers, and show off your enthusiasm for the field. Plus, you’ll gain insights that'll make you stand out during your interviews!
✨Tap into Your University’s Resources
Many universities offer career services specifically tailored for students looking for trainee roles in insurance. Make sure to utilise these—they can connect you with alumni in the industry or help you snag those hidden opportunities that aren't advertised widely!
✨Showcase Your Knowledge
Start a blog or social media account where you can share insights about current trends in insurance. This demonstrates your passion and keeps you in the minds of recruiters at places like Oscar Technology Careers. A personal touch always helps in making a memorable impression!
✨Apply Through Our Website & Make It Personal
Don’t just hit 'apply' on the Oscar Technology Careers website. Tailor your application to highlight your interest in the insurance sector and showcase any relevant projects or experiences. A few personal touches can go a long way in landing that trainee spot!
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analytical skills are a must. Make sure to showcase any relevant coursework or projects where you've solved complex problems or worked with data. This can really set you apart, especially in your CV or cover letter!
Show Your Interest in the Sector:For a trainee role, it’s super important to demonstrate your genuine interest in insurance. Talk about any internships, part-time jobs, or relevant studies that have sparked your passion for this field. We want to see that you're eager to learn and grow with us at Oscar Technology Careers!
Tailor Your Cover Letter to the Role:Your cover letter should reflect your enthusiasm for the trainee position at Oscar Technology Careers. Use it to explain why you're excited about a career in insurance and what you hope to learn during your time with us. Make it personal and engaging—it’ll catch our eye for sure!
Include Relevant Certifications or Courses:Even as a trainee, any extra certifications or courses related to insurance can really boost your application. Whether it's online courses or workshops, throw them in your CV to show us that you’re proactive about your professional development. It’ll demonstrate your commitment to stepping into this industry with enthusiasm!
How to prepare for a job interview at Oscar Technology Careers
✨Understand the Basics of Insurance
Since you're interviewing for a trainee role in insurance, it’s vital to brush up on the key concepts in the industry. Familiarise yourself with terms like underwriting, risk assessment, and claims processing. It shows your genuine interest and helps you answer those technical questions more confidently.
✨Prepare for Scenario-based Questions
Expect scenario-based questions during your interview! They might dive into how you would handle specific insurance situations or customer complaints. Think about examples from your studies or past experiences where you demonstrated problem-solving and customer service skills. They're looking for how you approach issues in a practical setting.
✨Focus on Your Learning Potential
As a trainee, your eagerness to learn is key. Be ready to discuss what excites you about the insurance field and how you plan to grow within the role at Oscar Technology Careers. Highlighting your adaptability and willingness to learn will make a great impression.
✨Show Your People Skills
Insurance is all about building relationships, whether it's with clients or colleagues. Prepare to share experiences where you’ve effectively communicated or worked as part of a team. Remember, your soft skills are just as important as your technical knowledge in this industry!
