At a Glance
- Tasks: Support credit proposals, monitor partner performance, and analyse financial data.
- Company: Join Premium Credit, a leading provider in insurance premium finance with a great workplace culture.
- Benefits: Enjoy competitive salary, 25 days holiday, pension scheme, and ongoing career development.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Kickstart your career in financial services and make a real impact on credit risk management.
- Qualifications: Strong Excel skills and a keen interest in financial services or risk 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.
The Role
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
- 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 include:
- 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.
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.
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.
So, if this 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.
Junior Credit Risk Analyst employer: Premium Credit
At Premium Credit, we pride ourselves on being a Great Place to Work, offering a dynamic and supportive environment where employees can thrive. With a strong focus on employee wellbeing, competitive benefits, and ample opportunities for professional growth, our London-based team is dedicated to fostering a culture of inclusivity and collaboration. Join us as a Junior Credit Risk Analyst and be part of a multi-award-winning company that values your contributions and encourages your development in the financial services sector.
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 and scenarios related to credit risk analysis. Use our resources to brush up on your Excel skills and financial knowledge so you can impress during those crucial conversations.
✨Tip Number 3
Show your enthusiasm! When you get the chance to chat with potential employers, let them know why you're excited about the role and how you can contribute to their team. A positive attitude goes a long way!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our awesome 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 strong Excel skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this role at Premium Credit and how your skills align with what we’re looking for. Keep it concise but impactful!
Show Off Your Analytical Skills:Since this role is all about analysing data, make sure to mention any specific examples where you've successfully used your analytical skills. Whether it's through coursework or previous jobs, we want to see your thought process!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Premium Credit
✨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. Practice summarising financial data clearly and concisely. You might be asked to interpret a sample credit report or financial statement, so being able to articulate your thought process is crucial.
✨Show Your Enthusiasm for Learning
This role is perfect for someone early in their career, so let your eagerness to learn shine through. Talk about any relevant courses or projects you've undertaken, and express your interest in financial services and risk management. Companies love candidates who are proactive about their development!
