Underwriting Undergraduate Placement

Volkswagen Financial Services LTD
Milton Keynes
£17,500 per annum + car scheme & discretionary bonus
12 Nov 2017
16 Nov 2017
Contract Type
Full Time
The purpose of the Underwriting operation is to process the approval and activation of finance and value added products. This operational area is pivotal in supporting both the sales and retailer network to deliver their strategic goal.

The key responsibility is to deliver a best in class service to our retail partners for all brands within the whole Volkswagen Group. This is achieved by approving applications for new and used vehicles for both retail & corporate customers.

About the role

  • You will have the ability to underwrite all customer types
  • Opportunity to participate in ad-hoc project work
  • Receive and professionally handle calls made into the Underwriting department by the retail network
  • Check & verify all proofs of identification received by customers via the retailer network
  • Assess customer documentation to adequately and accurately establish affordability for the loan
  • Investigating referrals flagged by a fraud officer in line with procedure
  • Ensuring key controls are followed in order to protect the interests of the company
About you
  • Studying towards a Business or Finance related degree
  • Ability to multitask and meet deadlines
  • Strong focus on ensuring good customer outcome
  • Full PC literacy with the ability to learn new systems/applications
  • Excellent verbal and written communication capabilities

There is the ability to participate in the student car scheme, 27 days holiday and a discretionary bonus. On top of that you can also take advantage of discounts on gym membership, travel, rail and bus tickets, local sports matches and nights out at the theatre and cinema.

About Volkswagen Financial Services

Here at VWFS, we provide finance and insurance services to customers across the entire Volkswagen Group in the United Kingdom. The Group includes some of the world’s most iconic automotive brands, like: Audi, SEAT, Skoda, Volkswagen, Bentley, Lamborghini, Porsche, Bugatti, Ducati, Scania and MAN.
This job was originally posted as www.totaljobs.com/job/77432438