At a Glance
- Tasks: Support credit assessments and monitor partner performance in a dynamic team.
- Company: Join Premium Credit, a leading provider in insurance premium finance.
- Benefits: Enjoy competitive salary, 25 days holiday, and ongoing career development.
- Other info: Hybrid working model with a commitment to diversity and inclusion.
- Why this job: Kickstart your career in financial services with hands-on experience and growth opportunities.
- Qualifications: Strong Excel skills and a keen interest in financial analysis.
The predicted salary is between 30000 - 40000 £ per year.
Premium Credit is the leading provider of insurance premium finance and a range of annually charged services, including tax, regulatory and accountancy fees, sports season tickets, memberships and school fees in the UK and Ireland. We are a multi award winning business lending more than £4.5 billion to over 2.5 million customers through a network of almost three thousand partners- and growing.
We’re looking for a Junior Credit Risk Analyst to join our Counterparty Risk team. This is an excellent opportunity for someone early in their credit or financial services career to build hands-on experience in credit assessment, partner oversight and portfolio monitoring. You’ll play a key role in supporting the management of our counterparty portfolio—helping ensure strong credit quality, regulatory compliance and positive customer outcomes.
What You’ll Be Doing
- Supporting the preparation of credit proposals and recommending approvals
- Monitoring the performance of partners and insurers against agreed metrics
- Analysing financial data and producing clear, structured summaries
- Completing credit reviews using internal data and external sources (e.g. financial accounts, credit reports)
- Maintaining accurate records across credit systems and supporting audit readiness
- Liaising with internal teams including Sales and Partner Setup to support onboarding and ongoing management
- Identifying potential risks or breaches and escalating where appropriate
- Providing ad hoc support across the wider Credit function
What We’re Looking For
We’re looking for someone who is analytical, proactive and keen to learn:
- Key skills and experience:
- Strong Excel skills (formulas, sorting, data analysis)
- Confidence analysing data and presenting findings clearly
- Experience reviewing financial or credit information (e.g. credit reports, accounts)
- Strong organisational skills and attention to detail
- Excellent communication skills and ability to work collaboratively
- Interest in financial services, lending or risk
Nice to have
- Experience in credit risk, underwriting or financial analysis
- Knowledge of financial accounts or lending processes
- Advanced Excel skills (e.g. Pivot Tables, VLOOKUP)
Why Join Premium Credit?
We offer more than just a role—we offer a career where you can grow, contribute and feel valued.
Our benefits
- Competitive Salary
- 25 days holiday with the opportunity to buy or sell an additional 5 days per year
- Pension scheme with employer contributions
- Life assurance
- Employee wellbeing initiatives and support
- Ongoing learning, development and career progression opportunities
We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please let us know on the application form or by sending an email to recruitment@pcl.co.uk.
If you're made an offer of employment you’ll be required to prove your eligibility to work in the UK before you start work. You must reside in the UK from the start date of this role; unfortunately we are unable to provide visa sponsorship at this time.
To ensure you can work from home efficiently you'll be asked to provide your internet speed at the application stage.
Premium Credit are an equal opportunities employer with a strong and passionate commitment to Diversity, Equality and Inclusion in the workplace. We welcome applications from all sections of the community and encourage people from all backgrounds to apply. Equal opportunities are the only acceptable way to conduct business and we believe that the more inclusive our environments are, the better our work will be. We are open to part-time working and job share.
By submitting your application, you agree that Premium Credit may collect your personal data for recruiting and related purposes. PCL uses AI tools to assist with our review of applications, including to summarise CVs against relevant job criteria and transcribe interviews. However, our team always makes the final decision on any application. Please see our privacy notice for further information on how we process your personal data during the application process.
All postholders will be subject to appropriate pre-employment vetting procedures and a satisfactory Disclosure & Barring Service (DBS) check prior to appointment.
So, if this role appeals to you and you’re looking to join an industry-leading organisation, please apply. We are not engaging agency support for this role.
Junior Credit Risk Analyst employer: Premium Credit Ltd
At Premium Credit, we pride ourselves on being an exceptional employer that fosters a supportive and inclusive work culture. As a Junior Credit Risk Analyst in our London office, you'll benefit from competitive salaries, generous holiday allowances, and a strong commitment to your professional development, all while contributing to a leading financial services provider. Join us to grow your career in a dynamic environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Credit Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions related to credit risk analysis. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've used Excel or analysed financial data in past experiences. This will help you stand out as a candidate who’s ready to dive into the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Premium Credit.
We think you need these skills to ace Junior Credit Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Credit Risk Analyst role. Highlight any relevant experience, especially in credit assessment or financial analysis, and don’t forget to showcase your Excel skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about financial services and how your analytical mindset makes you a great fit for our Counterparty Risk team.
Showcase Your Attention to Detail:In this role, attention to detail is key. Make sure your application is free from typos and errors. A well-organised application reflects your ability to maintain accurate records, which is crucial for us.
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 Premium Credit Ltd
✨Know Your Numbers
As a Junior Credit Risk Analyst, you'll be dealing with financial data regularly. Brush up on your Excel skills, especially formulas and data analysis techniques. Be prepared to discuss how you've used these skills in the past or how you plan to apply them in this role.
✨Understand the Role
Familiarise yourself with the key responsibilities of the position. Review what credit proposals entail and think about how you would approach monitoring partner performance. Showing that you understand the nuances of credit assessment will impress your interviewers.
✨Prepare for Data Analysis Questions
Expect questions that test your analytical thinking. You might be asked to interpret financial reports or assess risk based on given data. Practise summarising complex information clearly, as this is crucial for the role and will demonstrate your communication skills.
✨Show Enthusiasm for Learning
This role is perfect for someone early in their career, so convey your eagerness to learn and grow. Share examples of how you've proactively sought out new knowledge or skills in the past, especially related to financial services or credit risk.
