Underwriter

4 days ago


Redhill, United Kingdom YourRecruit Group Full time

Do you have underwriting experience and looking to work for a well-established financial services organisation based within the **Redhill** area?

Do you possess the drive and determination to succeed?

**What does the role of New Business Underwriter look like?**
- Review and approve/decline credit proposals within individual approved credit authority
- Assess and evaluate customer credit risk through in-depth business and financial analysis
- Document and communicate credit decisions in a clear and effective manner within set timelines
- Potential for site visits where appropriate
- Interface with internal & external stakeholders to resolve credit related issues
- To provide assistance and advice and where necessary, negotiate on deal structuring with a view to maximising the commercial opportunity without compromising credit quality standards
- Be acutely familiar with the credit portfolio
- Deal with or escalate any identified risks in relation to risk policies and/or legislative and regulatory guidelines in accordance with the group risk framework
- Acts to develop customer relationships and seeks to exceed client's expectations
- Handle telephone queries from supporting dealers and internal sales staff

**Who will suit this role?**
- Minimum 6 months experience working underwriting
- Knowledge of risk policy, systems and controls is desirable
- A high level of accuracy and attention to detail
- A commercial outlook when considering proposals using strong influencing and negotiation skills
- In-depth understanding of the security against which we are being asked to provide funding utilising and interpreting the requirements as set by Retail Risk, Conduct Risk and Operational Risk is desirable.
- Ability to build strong, meaningful business relationships
- Ability to structure a proposal into a deal acceptable to all parties in a decisive and inquisitive manner
- Ability to work under pressure and to tight deadlines
- Ability to analyse & report on Financials using strong analytical and numerical skills is desirable
- Strong interpersonal and communication skills, both verbal and in writing
- Highly numerate

**Salary**:£24520 plus £500 flexi benefit. Further benefits to include: Quarterly Personal Performance Bonus Scheme, 25 days holiday per annum, plus bank holidays, Pension contribution - Minimum 3% with an employer matched contribution, Corporaterates for private medical insurance and other insurance products, Employee assistant programme, Enhanced family friendly policies, Sharesave scheme, Discounts on high street brands and Local retail discounts.

**Hours**:9am - 5pm or 10am - 6pm, 1 in 4 late shift (11am - 7pm), and 1 weekend in 4 weeks (Sat 9:00am - 5:00pm and Sun 10:00am - 4:00pm) with 2 lieu days during the following Thursday and Friday.

**For your information**:
**Interested? Please send your CV in as a Word format only**

**Not for you but you know someone suitable? Take advantage of the YourRecruit paid referral fee**

**Skills**:Underwriting, analysis, new business, credit, debt, decisions, lending, motor, motorbikes, dealers, retail, financial services

YourRecruit Ltd does not discriminate on the grounds of age, race, gender or disability and complies with all relevant UK legislation. To stay safe in your job search we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcementorganisation working to combat job scams. Visit the SAFERjobs website for information on common scams and to get free, expert advice for a safer job search.


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