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Join Marshmallow as an Underwriter and partake in our mission to become one of the largest financial service providers in the world.
Overview
Salary
No salary declared 😔
Location
London, UK - Hybrid
Expires
Expires at anytime
Marshmallow is a fast-growing unicorn status start-up founded in 2017, now with over 700 team members insuring millions of drivers and lending millions in car loans. We aim to become a leading global financial service provider. We're seeking an experienced, dedicated Underwriter to join our Car Finance team.
Role Summary
- Make fast, fair, and accurate lending decisions using a variety of data
- Maintain equilibrium between risk and commercial prudence to ensure right outcomes
- Confidently adhere to business rules, processes, and regulations
Role Requirements
- 1-3 years experience as a credit underwriter
- Experience in motor finance
- Ability to work in a Fintech/start-up environment
- Organized and able to work at speed
Application Process Details
- Flexible working days
- Competitive bonus scheme
- Flexible benefits budget
- Mental wellbeing support
- Learning and development opportunities
- Private health care and medical cash plan
- 25 days holiday plus pension and cycle to work scheme
Please note we are not offering visa sponsorship for this role.
We started building Marshmallow in 2017. Since then, we've grown from 3 to 700+ people, gained unicorn status, raised ~£140M over three funding rounds, turned profitable, insured millions of drivers and lent millions in car loans. But we're only just getting started. Our goal is to become one of the largest financial services providers in the world. Over the next 10 years we'll grow exponentially, not only by scaling our existing products, but also by building new ones. To achieve our goals we need incredibly ambitious, commercially driven people who never settle for 'good enough'.
The role: As an Underwriter for our Car Finance team, you will use your experience, a variety of data sources, and our technology to make fast, fair, and accurate lending decisions for customers applying for car finance. You will balance risk and commercial reasoning to ensure the right outcomes for both the customer and Marshmallow. You will also identify when further information is needed to make a decision and obtain this from the customer. Your decisions will be confident and in line with business rules, processes, and regulatory parameters.
Job requirements: You should have 1-3 years experience working for a UK lender in a credit underwriting role and making credit decisions. Motor finance experience is strongly preferred, as is working in a Fintech/start-up environment. You should be adaptable, flexible, and have an analytical mindset that is comfortable identifying and raising issues or process improvements. Organized and able to work at speed, processing multiple applications each hour.
Benefits: Flexible working (3 days a week in our London office), competitive bonus scheme, flexible benefits budget (£50 per month on a Ben Mastercard), mental wellbeing support, learning and development opportunities, private health care, medical cash plan, tech scheme, 25 days holiday, pension, cycle to work scheme, monthly team socials, and company-wide socials every month.
Note: We are not in a position to offer visa sponsorship for this role.
