BMW Group

"Level 3 Underwriter Apprentice "

Job Description

"Our Summit ONE in Farnborough is home to the National Sales Company for the BMW Group in the UK, as well as BMW Group Financial Services which offers retailers, corporate and private customers a range of customised financial services. Alphabet (GB) Ltd. as a leading provider of Business Mobility Services is also located in Farnborough. We decided in November 2020 to bring together BMW Financial Services and Alphabet to stay relevant to our customers and continue to succeed in a rapidly changing business environment.

Within our self-contained campus, we offer a modern way of working with an empowering office culture, some aspects of which include:
• Our work persona shift – being yourself is effortless and so increases efficiency. For this reason, we allow our employees to express themselves through the way they dress.
• Flexible working hours- working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.
• The opportunity to get involved with our continued support to our house charity with a variety of fundraising events throughout the year.
• Throughout our offices, there are open creative spaces which hold facilities such as table-tennis tables to encourage innovation and employee engagement.
The Underwriting team at BMW Group Financial Services supports BMW Group brands, retailers and Alphera partners with all aspects of the quotation and proposal process to the point of contract implementation.

The core functions of the underwriting team include, but are not limited to:
Assessing customers credit worthiness for finance applications across BMW Group Brands and Alphera Partners.
Other administrative duties such as replying to customers who have been declined and investigating retro alerts.
Your Training-

The BMW Group offers an 18-month level 3 apprenticeship commencing in August 2023. As an apprentice within the Underwriting team, you will have the opportunity to study while gaining real life experience.

You will be supporting the retailer support team with a range of tasks, including:
Making effective underwriting decisions within the time standards agreed with retailers.
Accepting or declining credit applications including negotiation of terms.
Evaluating applications to highlight potential fraud and money laundering cases.
Discussing proposals with Retailers, Partners, customers and internal staff at all levels effectively.?
Dealing with Business Managers, Regional Managers and Internal teams to gain acceptance for difficult or unpopular decisions.
Resolving queries

In order to apply, simply create a GetMyFirstJob account and then complete the short eligibility questions. Make sure your GetMyFirstJob profile includes details of both your achieved and any predicted qualifications. If you meet the eligibility requirements, the GetMyFirstJob team will invite you through to the next stage of the process.
What do you need to do now?

If this sounds like the opportunity for you then apply today using the link below.

The next stage of the process is a Strengths Video Interview. You can complete this at any time of day during your three -day invitation window and will be recorded answering a set of questions. There is a practice question at the start and you get multiple chances to record each question, plus the GetMyFirstJob team are on hand to support you and give you lots of top tips and advice! Following this, successful applicants will be shortlisted and invited to a face-to-face Assessment Centre* with BMW Group.’

Assessment Centres for this role are provisioned to take place in the week commencing the 17th April 2023.

Apply now

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