Financial Risk Analyst
3 weeks ago
Commercial Underwriter
About the Role:We are seeking a skilled Commercial Underwriter to join our team. As a key member of our underwriting department, you will play a crucial role in reviewing customer applications and identifying risk factors to assess whether we can offer Life, Critical Illness Cover and Income Protection.
The successful candidate will have a thorough understanding of risk factors for mortality and morbidity, as well as financial underwriting. You will be responsible for accurately assessing and documenting life and disability risks by reviewing applications and deciding which terms, if any, can be offered up to the value based on your autonomy level.
Key Responsibilities:- Accurately assessing and documenting life and disability risks by reviewing applications and deciding which terms, if any, can be offered up to the value based on your autonomy level.
- Ability to participate in or lead projects, which enhance the underwriting process and improve our systems and commercial viability, including instigating such projects, using own initiative, expertise and business awareness.
- Ensuring any requests for further information are appropriate and accurate and commensurate with the risk being assessed, ensuring the customer journey is not impacted unnecessarily.
You will also be expected to take ownership of maintaining an excellent knowledge and understanding of legislative and regulatory requirements, as well as understanding the commitments that are made about the level of service during the marketing and sales processes to ensure the area is capable of meeting those expectations.
About Us:Legal & General Group is a leading financial services group and major global investor. We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.
We strive to be open, mindful and inclusive, so are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.
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