Back to search
We are seeking a dedicated Life Insurance Underwriter to join the team in a fast growing and successful Insurtech Life MGA.
Reporting to the Chief Risk Officer (CRO), the successful candidate will be expected to:
- Evaluate applications that fall outside the parameters of our online underwriting engine. This includes thoroughly examining initial submissions, responding to requests for additional information, and processing amendments.
- Provide accurate indications of underwriting decisions and monitor the quality and appropriateness of the underwriting philosophy and procedures through audits.
- Setting pricing indications, determining cover eligibility, establishing premium rates, and formulating exclusion policies, always ensuring compliance with company protocols.
- Set Underwriting limits and underwrite large cases with high sums assured.
- Cultivate positive relationships with our reinsurance partners
Requirements:
- Proven working knowledge of Life, Critical Illness, and Income Protection insurance.
- Understanding of business protection products and financial underwriting requirements.
- Knowledge of the UK protection market.
- At least 3 years of experience in medical underwriting for life insurance.
- Ability to provide fair and balanced underwriting decisions using the appropriate amount of evidence necessary.
- Organizational skills to meet deadlines and manage client expectations.
- General knowledge of insurance industry codes and current practices.
- Excellent communication and interpersonal skills.
Qualifications:
- ACII qualified or progress towards the CII would be a plus.
It should be noted that a Competitive Remuneration Package (based on experience, qualifications etc.) is being offered and the role is full time and 100% office based.
