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For Companies At a Glance
- Tasks: Assess funding requests and shape deals that work for customers and Ultimate Finance.
- Company: Join a dynamic team at Ultimate Finance, a leader in asset finance.
- Benefits: Enjoy hybrid work options, competitive salary, and a supportive environment.
- Why this job: Make a real impact by helping businesses access the funding they need.
- Qualifications: Experience in underwriting or strong analytical skills required.
- Other info: Be part of a values-led team with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
POSITION: Underwriter (Maternity Cover - FTC ending March 2027)
DEPARTMENT: Ultimate Asset Finance
RESPONSIBLE TO: Head of Operations - Asset Finance
LOCATION: Lutterworth. Hybrid and flexible work options available.
OVERVIEW:
At Ultimate Finance, we back ambition - properly. We are a specialist lender built for pace, flexibility and real-world problem solving, helping businesses access funding that fits how they work. You will join a team of approachable experts who move quickly, speak clearly and take pride in doing the right thing for customers and partners. We trust people to take ownership, with supportive leaders and experienced teammates on hand. With 20+ years experience and over £17bn funded, we are growing - and we are looking for people who want to do work that matters.
About the team:
Asset Finance at Ultimate Finance is built to keep deals moving. We provide tailored funding for hard assets such as vehicles, equipment and machinery quickly, clearly and with support that stays close. Working side-by-side with brokers, customers and internal teams, we shape the right solution, deliver a strong customer experience, and apply smart risk controls and operational discipline to get deals completed smoothly and responsibly.
About the role:
As an Underwriter in our Asset Finance team, you will assess new funding requests and help shape deals that work for the customer and for Ultimate Finance. Working closely with brokers, our sales team and operations, you will keep decisions moving - balancing great service with smart risk judgement and high-quality, accurate work. You will do it all in line with our values: Decency, Enterprise and Brilliance.
Key responsibilities:
- Review new funding requests and give a clear view on the risk and whether we should support the deal
- Analyse financial information (e.g., company accounts/bank info) and summarise the key strengths, weaknesses and risks
- Gather the right background checks and information, and build a complete case for approval
- Record each proposal accurately on our systems so it can be reviewed and progressed smoothly
- Provide clear decisions and practical conditions so the sales team can move the deal forward quickly
- Work closely with sales and operations to ensure a smooth handover from approved to live
- Keep service standards high when dealing with brokers and customers - clear, professional, responsive communication
- Support the wider team by keeping data accurate, sharing product knowledge, and spotting cross-sell opportunities where appropriate
- Represent Ultimate Finance at broker meetings/events when needed and contribute to market/competitor research
Key skills and knowledge:
- Experience in underwriting, credit, asset finance or a similar fast-paced financial services environment (or strong transferrable analysis experience)
- Confident communicator - able to explain decisions clearly to brokers and internal teams
- Strong financial analysis skills and comfort reviewing company accounts and performance trends
- Commercial judgement: able to balance risk, service and deal structure to reach the right outcome
- Good understanding (or willingness to learn) how asset-backed lending works and what we are taking as security
- Highly organised, accurate and detail-focused - comfortable managing multiple deals at once
- Proactive, self-motivated and calm under pressure, with strong time management
- Values-led and customer-minded, with a collaborative approach across teams
Please note that if you are successful in receiving an offer of employment from Ultimate Finance, your employment will be conditional upon satisfactory completion of a Disclosure and Barring Service (DBS) check. We use a third party provider to conduct the check on our behalf.
We kindly ask not to be contacted by recruitment agencies, thank you.
Underwriter - Asset Finance (Maternity Cover) in Leicester employer: Ultimate Finance
Contact Detail:
Ultimate Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Asset Finance (Maternity Cover) in Leicester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with brokers. 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 underwriting and asset finance. We recommend role-playing with a friend or using online resources to get comfortable with articulating your experience and skills.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've assessed financial information or made tough decisions in past roles. This will help demonstrate your fit for the Underwriter position at Ultimate Finance.
✨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 Ultimate Finance.
We think you need these skills to ace Underwriter - Asset Finance (Maternity Cover) in Leicester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Underwriter role. Highlight your experience in underwriting, credit, or asset finance, and don’t forget to showcase your financial analysis skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about asset finance and how your skills align with our values of Decency, Enterprise, and Brilliance. Keep it clear and professional, just like we do at Ultimate Finance.
Showcase Your Communication Skills: As an Underwriter, you'll need to communicate clearly with brokers and internal teams. In your application, demonstrate your ability to explain complex information simply. We love confident communicators who can keep everyone on the same page!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your details and get to know you better. Plus, it shows you’re keen on joining our team at Ultimate Finance!
How to prepare for a job interview at Ultimate Finance
✨Know Your Numbers
As an Underwriter, you'll be dealing with financial information all the time. Brush up on your financial analysis skills before the interview. Be ready to discuss how you would assess company accounts and identify key strengths and weaknesses in funding requests.
✨Communicate Clearly
Ultimate Finance values clear communication, so practice explaining complex concepts in simple terms. Think about how you would convey your underwriting decisions to brokers and internal teams. A confident and articulate approach will show that you can handle the role's demands.
✨Showcase Your Organisational Skills
You'll need to manage multiple deals at once, so demonstrate your organisational prowess. Prepare examples of how you've successfully juggled tasks in previous roles. Highlight any tools or methods you use to stay on top of your workload.
✨Emphasise Team Collaboration
Ultimate Finance thrives on teamwork, so be ready to discuss how you work with others. Share experiences where you've collaborated with sales teams or brokers to achieve a common goal. This will show that you're not just a lone wolf but a team player who values collaboration.
