At a Glance
- Tasks: Assess loan applications and make lending decisions while ensuring compliance with regulations.
- Company: Premium Credit is a leading provider of insurance premium finance in the UK and Ireland.
- Benefits: Enjoy a competitive salary, hybrid working, 25 days leave, and private health cover.
- Other info: We promote diversity and welcome applicants from all backgrounds; part-time options available.
- Why this job: Join a growing company that values your development and offers a supportive work culture.
- Qualifications: Experience in credit underwriting, strong numeracy, and attention to detail are essential.
The predicted salary is between 40000 - 60000 £ per year.
Join to apply for the Underwriter role at Premium Credit Ltd
2 days ago Be among the first 25 applicants
Join to apply for the Underwriter role at Premium Credit Ltd
Get AI-powered advice on this job and more exclusive features.
Direct message the job poster from Premium Credit Ltd
Contact me to find out more about careers at Premium Credit Ltd
Leatherhead, Surrey
Why work for us?
- Competitive salary up to £50,000 per annum
- Hybrid working, with collaborative days in our Leatherhead office
- 25 days annual leave (plus bank holidays), with options to purchase and sell up to 5 days holiday per year (pro rata)
- Private health and dental cover
- Support and investment in your personal development
- 24/7 access to Employee Assistance Programme and Mental Health First Aiders
What we do
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 are a successful business with a Trustpilot rating of 4.5, a Net Promoter Score of +78, a Glassdoor rating of 4.0 and a Silver Sustainability medal.
The Role
This is an exciting time of growth for us, and we’re hiring an Underwriter to help us continue this success. This is a great opportunity to develop a varied and rewarding career with a company that invests in, recognises and rewards its people.
Reporting to the Senior Underwriter, you’ll assess loan applications from partners, providing commercially based lending decisions, ensuring that these decisions comply with regulations and PCL processes.
You will also:
- Underwrite cases within your individual mandate, adhering to policies and internal and external service level agreements
- Participate in the underwriting of renewals, requesting additional information as required
- Participate in analysis and preparation of large value cases, providing recommendations
- Review customer credit reports, balance sheets, accounts and cash flow models to assess level of risk, underwriting appropriately
- Work collaboratively with the sales team and partners to understand requirements, developing business opportunities within the risk appetite of the company
- Continuously look for improvements to processes to maximise relationships
Who we are looking for
If you’re an individual who thrives in a fast-paced environment, able to work collaboratively with others and are looking to make a difference, this is a brilliant opportunity to advance your career to the next level with our sector-leading company. At Premium Credit, you will be supported to develop and expand your skills, knowledge and experience.
To be successful as our underwriter, you will already have experience within a similar credit underwriting position.
- You have the ability to cope with large volumes
- You are able to read unaudited balance sheets, cash flow statements and other financial reports
- You’re highly numerate and display high levels of accuracy and attention to detail
- You’re able to clearly and concisely summarise proposal
- It would be ideal if you have experience of instalment credit
We are 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 are made an offer of employment you will 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 will 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. To view our Privacy Notice please go to: https://www.premiumcredit.com/Recruitment-privacy-notice
All postholders will be subject to appropriate pre-employment vetting procedures and a satisfactory Disclosure & Barring Service (DBS) check prior to appointment.
So, if role appeals to you and you’re looking to join an industry-leading organisation, please apply. Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply? And if you’re in a job share just apply as a pair. We look forward to hearing from you.
Please note, we reserve the right to close this vacancy early if we identify a number of suitable candidates. All applicants will be advised if the vacancy closes early.
We are not engaging agency support for this role and respectfully ask that agencies do not submit unsolicited candidate details to Premium Credit Limited in relation to this role.
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance
Referrals increase your chances of interviewing at Premium Credit Ltd by 2x
Get notified about new Underwriter jobs in Leatherhead, England, United Kingdom.
London, England, United Kingdom 3 days ago
Cobham, England, United Kingdom 2 days ago
London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 4 days ago
London, England, United Kingdom 1 week ago
Ashtead, England, United Kingdom 3 days ago
London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 month ago
City Of London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
Underwriter (Delegated Underwriting Authority Terror)
London, England, United Kingdom 3 months ago
Watford, England, United Kingdom 1 month ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 2 days ago
London, England, United Kingdom 2 weeks ago
Underwriter, Terrorism & Political Violence
London, England, United Kingdom 5 days ago
London, England, United Kingdom 1 week ago
City Of London, England, United Kingdom 3 days ago
London, England, United Kingdom 2 weeks ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Underwriter in Leatherhead employer: Premium Credit Ltd
Premium Credit is an award-winning employer that prioritises employee growth and well-being, offering a competitive salary, hybrid working options, and extensive benefits including private health cover and a supportive work culture. With a strong commitment to diversity and inclusion, employees are encouraged to thrive in a collaborative environment where achievements are celebrated and personal development is actively supported. Join us in our London office and be part of a dynamic team that values your contributions and fosters meaningful career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in Leatherhead
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Premium Credit Ltd). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Premium Credit Ltd. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter in Leatherhead
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Premium Credit Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Premium Credit Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Premium Credit Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Premium Credit Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Premium Credit Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Premium Credit Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
