[Hiring] Consumer Underwriter @Octopus Energy Group

Role Description

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

Qualifications

• 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.

Requirements

• This role will have rotating weekend coverage, currently around 1 weekend in 4 with time off in lieu.

Benefits

• 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.
• Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker.
• We want your hard work to be rewarded with perks you actually care about!
• Octopus Electric Vehicles, part of the Octopus Energy Group, won the Sunday Times best company to work for in 2024.
• We were named 6th out of the top 100 start-ups to work for by Tempo in 2025.
• On Glassdoor we were voted 50 best places to work in 2022.
• Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people.
• We’ve also been placed in the top 10 companies for senior leadership.
• Dog friendly company - feel free to bring yours!

Company Description

The electric revolution has arrived - and from 2035 you’ll no longer be able to buy a new petrol or diesel car in the UK. We’re building a whole new way for drivers to join the electric charge and not only learn about and shop for their EV online, but experience a 'lease for life' through an industry changing customer experience.

Octopus Electric Vehicles launched in 2018 to make it seamless to switch to cleaner, greener driving. Our mission is to drive sustainable change, decarbonise the planet and provide our customers with fair pricing and a fantastic experience.

We're an Octopus Energy company—an innovative new energy supplier. We are part of the Octopus Energy Group, which seeks to improve the lives of millions of people by transforming the industries we operate in.