Underwriting Specialist
Flexible hybrid working (see bottom of ad for details) - Slough
To £34K per annum
This is a great opportunity to join a well established and prominent vehicle finance provider where you can shape the mobility solutions of the future. If you want to use your manual underwriting talents to grow and improve in this in a dynamic environment this role may be for you.
The purpose of the Underwriting Specialist role is to assess financial risk associated with extending customer credit and financing.
Responsibilities of the Underwriting Specialist:
* Assess risk by manually underwriting dealer proposals.
* Undertake analysis of retail customer’s financial statements and analyse the customer’s repayment capacity
* Answer inbound dealer and Account Manager enquiry calls
* Answer inbound Payout and Activation enquiry calls
* Undertake testing and tuning of the retail and commercial scorecards
* Meet individual telephone statistic goals
* Participate in tuning of any predictive risk modelling
* Communicate with Brokers/Dealers by phone, email and webchat
Requirements for the Underwriting Specialist role:
* Capable of undertaking quantitative and qualitative analysis; the ability to review metrics/financial ratios and supporting information and be able to understand what they mean for each proposal
* Understand financial statements (balance sheets, income statements, cash flow)
* Able to interpret reports, extracting non apparent information
* Thoroughly understand underwriting and credit practices and procedures
* 3 years’ experience in an underwriting or credit analyst position in financial services
* Experience in the automotive or consumer finance industry is advantageous.
* Practical experience with scorecard design and testing is required.
Work Schedule:
* Monday–Friday: 9:00 AM – 5:30 PM (3 days in office, remainder WFH)
* Every 3 weeks: One later shift, 10:30 AM – 7:00 PM (WFH)
* Once a month: One weekend shift (WFH), with 2 days off in lieu
In return they offer: 25 days holiday, 7% employer pension, 3 x life cover, BUPA cover, PLUS a company car cash contribution of £2600 per annum