Underwriter

3 months ago


London, United Kingdom Bits Full time

About Bits:

Bits is a fast-growing fintech startup based in London. We are dedicated to promoting financial inclusion and providing credit building solutions to individuals who have been overlooked by mainstream lenders. With the support of renowned investors, we have quickly gained traction and currently serve over 300,000 customers across the UK.

About the role:

We are seeking a skilled and detail-oriented lending Underwriter to join our team. As an Underwriter at Bits, you will play a crucial role in assessing and evaluating credit applications, ensuring that we make sound lending decisions while maintaining a customer-first approach. You will work closely with our risk management, data, and customer service teams to ensure our lending process is efficient, accurate, and in line with our growth objectives.

Responsibilities:

• Credit Evaluation: Assess and underwrite credit applications, reviewing financial documents, credit reports, and other relevant data to determine applicant creditworthiness.

• Risk Assessment: Analyse risk factors associated with each application, balancing the need for growth with the responsibility of managing risk.

• Decision Making: Make informed lending decisions within set approval limits, escalating complex cases as needed.

• Compliance: Ensure all underwriting decisions comply with regulatory requirements and company policies.

• Collaboration: Work closely with the risk manager and compliance team to refine and improve our underwriting criteria and processes.

• Customer Interaction: Occasionally interact with customers to clarify information and provide explanations regarding underwriting decisions.

• Continuous Improvement: Stay updated on industry trends, regulations, and best practices to continuously improve the underwriting process.

Requirements

• Minimum of 3-5 years of experience in underwriting, preferably in a fintech or consumer credit environment.

• Bachelor’s degree in finance, economics, business, or a related field.

• Strong analytical and decision-making skills.

• Proficiency in using underwriting software and financial analysis tools.

• Excellent attention to detail and ability to work with large data sets.

• Good communication skills, with the ability to explain complex financial information clearly.

• In-depth understanding of credit scoring models, risk assessment, and lending regulations.

• High level of integrity and professionalism.

• Ability to work independently and as part of a team.

• Customer-focused mindset with a commitment to responsible lending.

Benefits

• A dynamic and inclusive work environment in a rapidly growing fintech startup.

• Opportunities for professional development and career growth.

• Competitive salary.

• The chance to make a significant impact on financial inclusion and credit building for underserved communities.

Please submit your resume and a brief cover letter outlining your relevant experience and why you are a great fit for this role.



  • London, United Kingdom Lawes Group Full time

    Job title: Assistant Underwriter / Underwriter (Commercial Combined/SME Package) Company: London based Insurer Location: Central London (Hybrid) **Salary**: £40,000 - £55,000 **Key Responsibility**: Responsible for trading, underwriting and servicing activities. The objective of this role is to offer consistent quality service to customers, deliver...

  • Underwriter

    6 months ago


    London, United Kingdom Tokio Marine Kiln Insurance Services Limited Full time

    We have the opportunity for an Underwriter to join our Underwriting Strategy Portfolio Solutions team here at Tokio Marine Kiln. You will report to the Head of Innovation and will assist with carrying out tasks relating to the underwriting and reinsurance of the Innovation and Structured Portfolio Solutions divisions, providing appropriate customer focused...

  • Underwriter

    6 months ago


    London, United Kingdom Recruitment Solutions Full time

    **Bridging Underwriter required for a leading, award winning, Bridging Lender based in London. This position is due to the company's success and expansion** **A market leading package is being offered, a competitive negotiable package, comprehensive benefits and bonus** - **Life insurance coverage**: - **Pension**: - **Private healthcare**: -...

  • Underwriter

    6 months ago


    London, United Kingdom Simply Business Full time

    **Here’s what you’ll be doing**: Our MGA and Underwriting team at Simply Business is the stuff that career dreams are made of, there is great breadth to the work that you are doing from the products we sell to the day to day activities. Even if you are an experienced Underwriter we guarantee you’ll be doing new things. If you’re working towards your...

  • Underwriter

    5 months ago


    London, United Kingdom Hiscox Full time

    Job Type: Permanent Build a brilliant future with Hiscox Hiscox UK is a leading brand in the insurance market, recognised as setting the standards others try to emulate. We consistently deliver strong growth and exceptional returns, recruiting only the very best and empowering them to deliver. We are known for insuring the homes of the rich and famous...

  • Underwriter

    5 months ago


    London, United Kingdom Excelsior Elevate Full time

    Job Title: Underwriter **Duties**: - Analyze financial documents, credit reports, and other relevant information to make informed decisions - Collaborate with loan officers and other team members to gather necessary information and resolve any discrepancies - Conduct thorough research and due diligence on borrowers and collateral - Prepare detailed reports...

  • Underwriter

    2 months ago


    London, United Kingdom Ultimate Banking Full time

    Underwriter London/Hybrid £competitive Our client is a solution led, specialist mortgage lender, offering a wide variety of later life mortgage products to the market, focussed on the borrowing needs of those aged 50+. They care passionately about their customers and are seeking a customer-centric, experienced underwriter to join their...

  • Underwriter

    6 months ago


    London, United Kingdom Connect UW Full time

    **We are looking for experienced underwriters to join the ConnectUW Team**: We've had a great first three years in business and we are now looking to expand our Underwriting Team _here_ in London. If you are an experienced Underwriter with good capacity connections, this is a great opportunity to join an established and growing International MGA business. We...


  • London, Greater London, United Kingdom Starr Insurance Companies Full time

    Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.Role Purpose:To write profitable General Liability business in line with the underwriting plan, using...

  • Head of Underwriting

    5 months ago


    London, United Kingdom MW Appointments Full time

    An opportunity to join an established insurance company who underwrite a range of UK SME commercial products and package policies. They distribute through a broker network as well as offering bespoke delegated authority to third parties. The Head of Underwriting is a new role. You will lead the Underwriting Management team consisting of 6 staff as well as...

  • Underwriting Manager

    1 month ago


    London, Greater London, United Kingdom Eames Consulting Full time

    Eames Consulting is partnering with a global insurer to find an experienced Underwriting Manager to lead a Casualty Underwriting Team. The successful candidate will be responsible for managing the underwriting operations, acting as a senior contact for insureds and brokers, and driving business development and client retention. The role will also involve...

  • Underwriter

    6 months ago


    London, United Kingdom Benefact Group Full time

    **Working hours**:35 hours per week, Monday to Friday **Duration**:Permanent **Location**:London **Job ref**:202207 **About the role***: **Ecclesiastical Insurance**, who are proudly part of **Benefact Group**, are looking for a **Underwriter** to join our** London **office. Due to an exciting time of growth, we have new opportunities available within...

  • Underwriter

    6 months ago


    London, United Kingdom The Benefact Group Full time

    **Working hours**:35 hours per week, Monday to Friday **Duration**:Permanent **Location**: London **Job ref**:201192 **About the role***: We are looking for a Underwriter to join our London based team. Protecting some of the most interesting and iconic sites in the UK, this is an excellent opportunity for a property and casualty underwriter to further...

  • Underwriter

    6 months ago


    London, United Kingdom Ryan Specialty Full time

    Position Summary: **Location**: London - UK What will your job entail? Responsibilities: Underwrites new and renewal property and casualty business, analyzes policy forms, broker endorsement requests, and submitted documentation as per company underwriting standards and guidelines and obtains additional information as needed. Determines whether to accept,...


  • London, Greater London, United Kingdom The Travelers Companies, Inc. Full time

    Job SummaryWe are seeking an Underwriter to join our team at The Travelers Companies, Inc. This is a challenging and rewarding role that requires strong analytical skills, attention to detail, and excellent communication abilities.About the RoleThe successful candidate will be responsible for underwriting and assessing risk to maximize business growth and...

  • Underwriter

    3 weeks ago


    London, United Kingdom The Emerald Group Ltd, Search and Selection Full time

    I am currently working with a client who is seeking an experienced Property Underwriter on the Direct side.If you have between —whether on the —and are considering a new opportunity, please feel free to reach out or apply directly. This role offers the chance to work with an industry-leading team and further develop your...

  • Underwriter

    3 weeks ago


    London, United Kingdom The Emerald Group Ltd, Search and Selection Full time

    I am currently working with a client who is seeking an experienced Property Underwriter on the Direct side.If you have between —whether on the —and are considering a new opportunity, please feel free to reach out or apply directly. This role offers the chance to work with an industry-leading team and further develop your expertise in the...

  • Senior Underwriter

    6 months ago


    London, United Kingdom Combined Insurance Full time

    **Senior Underwriter / Underwriter, Casualty Major Accounts** Are you an ambitious Underwriter with Casualty knowledge? If so, we would love to hear from you! This role could suit either an existing Senior Underwriter who is hungry, motivated, inquisitive and in need of a new challenge, or a similarly minded passionate individual currently working at...

  • Underwriting Expert

    6 days ago


    London, Greater London, United Kingdom Nexus Underwriting Full time

    Underwriting Role SummaryWe are seeking an experienced Underwriter to join our Commercial PI team at Nexus Underwriting. As an Underwriter, you will be responsible for taking ownership of key business pieces and broker relationships, both regionally and within the London Market.Key Responsibilities:Work within underwriting parameters and authority levels to...

  • Underwriting Director

    4 weeks ago


    London, Greater London, United Kingdom Eames Consulting Full time

    We are seeking a highly skilled Underwriting Manager to lead our Casualty Underwriting Team in providing Employers' and General Liability, and Environmental Impairment Liability coverage to a diverse global client base.This role is responsible for managing the underwriting operations and serving as a senior contact for insureds and brokers.The successful...