Consumer Underwriter

Job description

**What we do.** Electric Car Leasing **Why we do it.** Greener. Fairer. Future. We’re continuing to build our in-house underwriting team at Octopus Electric Vehicles. The focus is currently on expanding our underwriting capability for B2B credit risk for our business contract hire and salary sacrifice products but also includes assessing consumer credit. We’re creating a new set of policies, processes and tech tools to efficiently and accurately assess credit risk. To help us do that, we’re hiring a Credit Underwriter. Our goal is to become an industry leader in our ability to provide quick credit line decisions to both B2B and consumer clients. We will build and invest in best in class technology and datasets to help you achieve that goal. ### What you'll do... - Manage the day-to-day credit and underwriting process - Review and manage credit escalations and referrals - Own underwriting decisions for clients not captured by our auto-underwriting process (up to an agreed limit, based on experience) - Support in development of consumer scorecards, underwriting policy, process and systems ### What you'll need... - Willingness to get hands on with processing and evaluating credit applications ranging from consumer to larger corporates (essential) - Ability to interpret credit application information - e.g. accounts and KPIs provided by clients (essential) - Experience working in a hands-on credit assessment & underwriting role (essential) - Knowledge of credit policies - Familiar with automated credit decisioning platforms (e.g. Lending Metrics) - Experience in Automotive sector is a huge bonus, but not essential. - This role will have rotating weekend coverage, currently around 1 weekend in 4 with time off in lieu. ### 💚 Why else you'll love it here - 💰 Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit! - 🎉 Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! 🎁 Visit our perks hub - [Octopus Employee Benefits](https://octopus.energy/octopus-employee-benefits/) - 🏆 Octopus Electric Vehicles, part of the Octopus Energy Group, won the Sunday Times [best company to work for in 2024](https://www.thetimes.com/static/best-places-to-work-2024-big/). We were named 6th out of the [top 100 start-ups](https://www.heytempo.com/super-startups-list-2025/) to work for by Tempo in 2025 and on Glassdoor we were voted [50 best places to work](https://www.glassdoor.co.uk/Award/Best-Places-to-Work-UK-2022-LST_KQ0,27.htm) in 2022. Our Group CEO, Greg has recorded a [podcast about our culture](https://octopus.energy/blog/podcast/) and how we empower our people. We’ve also been placed in the [top 10 companies for senior leadership](https://www.businessleader.co.uk/the-top-25-uk-companies-for-senior-leadership-revealed-by-glassdoor/) - *Just to let you know, we are dog friendly company so you may see our 4 legged friends in the offices - feel free to bring yours! Rest assured though, we've taken lots of precautions for those who have allergies!*