At a Glance
- Tasks: Assess and underwrite bridging finance applications while managing cases from start to finish.
- Company: Join a growing specialist finance business in Milton Keynes with a supportive culture.
- Benefits: Enjoy a competitive salary, bonus, private medical, and 33 days holiday.
- Other info: Hybrid work model with opportunities for training and career progression.
- Why this job: Make a real impact in the finance sector while developing your skills.
- Qualifications: 2+ years of experience in underwriting bridging finance is essential.
The predicted salary is between 54000 - 66000 £ per year.
Location: Milton Keynes Hybrid 3 days WFH
Salary: Up to £60,000 depending on experience
Hours: Monday to Friday 9 am to 5 pm
Benefits:
- Bonus: Up to 10%
- Life Insurance: 4x salary
- Private Medical: Vitality
- Holiday: 33 days
- Pension: Competitive contributions
- Wellbeing: Mental & physical support
- Development: Training & progression
About the role:
We are recruiting for an experienced Bridging Finance Underwriter to join a growing specialist finance business in Milton Keynes. The successful candidate will assess and underwrite bridging finance applications in line with credit risk policy, while managing cases from application through to completion and supporting intermediary partners with new enquiries.
Responsibilities:
- Assess and underwrite new bridging finance applications in line with lending policy.
- Review credit searches, valuations, Land Registry reports and supporting documentation.
- Prepare clear and concise credit rationales and lending recommendations.
- Manage a pipeline of cases from application through to completion.
- Liaise with solicitors, introducers and other stakeholders.
- Assist with new enquiries and provide heads of terms.
- Maintain accurate records and ensure compliance with lending policies.
- Contribute to ongoing business improvement initiatives.
- Deliver a proactive, first-class service to all stakeholders.
Experience required:
- Essential - 2+ years' experience underwriting bridging finance within a specialist lender.
- Understanding of the bridging lifecycle, from application and credit assessment through to completion and funding.
- Proven ability to assess risk and produce clear, concise credit rationales.
- Experience managing a case pipeline through to completion.
- Strong knowledge of valuations, credit searches and lending due diligence.
- Highly advantageous: Experience in refurbishment or development finance.
- Highly advantageous: Experience with structured lending or drawdown facilities.
For more information regarding the role, please contact us.
Stellar Select is acting as an employment agency in relation to this vacancy. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful applicants within two business days.
Bridging Underwriter in Milton Keynes employer: Stellar Select
Stellar Select is an excellent employer, offering a supportive work culture that prioritises employee well-being and professional growth. With a hybrid work arrangement in the picturesque setting of Oxfordshire, employees benefit from a comprehensive healthcare cash plan, generous holiday allowance, and continuous development opportunities, making it a rewarding place to build a career in mortgage arrears management.
StudySmarter Expert Advice🤫
We think this is how you could land Bridging Underwriter in Milton Keynes
✨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 Stellar Select). 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.
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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 Stellar Select. 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 Bridging Underwriter in Milton Keynes
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 Stellar Select.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Stellar Select. 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 Stellar Select
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Stellar Select 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 Stellar Select, 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 Stellar Select'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.
