Life Insurance Underwriter

5 days ago


Cardiff, Cardiff, United Kingdom LegalAndGeneral Full time
Job Summary

We are seeking a highly skilled Life Medical Underwriter to join our team at LegalAndGeneral. As a key member of our underwriting team, you will play a critical role in assessing and documenting life and disability risks for our customers.

Key Responsibilities
  • Assess and Document Life and Disability Risks: Review customer applications to identify risk factors and assess whether we can offer life, critical illness cover, and income protection applications.
  • Participate in or Lead Projects: Enhance the underwriting process and improve our systems and commercial viability by participating in or leading projects.
  • Ensure Accurate and Timely Communication: Ensure that any requests for further information are appropriate and accurate, and that the customer journey is not impacted unnecessarily.
  • Identify and Resolve Complaints: Identify complaints and ensure they are acted upon quickly, and root causes are highlighted to ensure compliance with complaints response time limits.
  • Maintain Accurate Records: Ensure that all work is accurately recorded daily to enable accurate communications to be delivered and effective business decisions to be made.
  • Stay Up-to-Date with Legislative and Regulatory Requirements: Take ownership of maintaining an excellent knowledge and understanding of legislative and regulatory requirements.
  • Communicate Effectively: Communicate with internal, external customers, and third parties via all methods of communication in a professional and efficient manner, ensuring customer satisfaction is maximised and expectations met.
Requirements
  • Experience in Underwriting Protection Products: Experience in underwriting protection products, including life, critical illness cover, and income protection.
  • Thorough Understanding of Risk Factors: A thorough understanding of the risk factors for mortality and morbidity, as well as financial underwriting.
  • Extensive Knowledge of Protection Products: Extensive knowledge of all protection products, including life, critical illness cover, and income protection.
  • Understanding of Legislative and Regulatory Requirements: An understanding of legislative and regulatory requirements, preferably.
  • Excellent Communication Skills: Excellent written and verbal communication skills.
What We Offer
  • Competitive Salary and Bonus Scheme: A competitive salary and bonus scheme, with opportunities to participate in our annual performance-related bonus plan and valuable share schemes.
  • Generous Pension Contribution: A generous pension contribution, with the option to buy and sell holiday.
  • Life Assurance and Private Medical Insurance: Life assurance and private medical insurance, available to permanent employees only.
  • Competitive Holiday Allowance: A competitive holiday allowance, with at least 25 days holiday, plus public holidays, 26 days after 2 years' service.
  • Flexible Working Arrangements: Flexible working arrangements, including the option to work from home or in a hybrid arrangement, depending on location.


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