Financial Underwriter Specialist
2 days ago
**Job Title:** Financial Underwriter Specialist
**About the Role:** We are seeking a highly skilled Financial Underwriter Specialist to join our team. As a key member of our underwriting department, you will be responsible for assessing and documenting life and disability risks by reviewing applications and deciding which terms, if any, can be offered.
**Key Responsibilities:*
- Accurately assess and document 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.
- Participate in or lead projects that enhance the underwriting process and improve our systems and commercial viability, including instigating such projects, using your own initiative, expertise, and business awareness.
- Ensure any requests for further information are appropriate, accurate, and commensurate with the risk being assessed, ensuring the customer journey is not impacted unnecessarily.
- Identify complaints and ensure they are acted upon quickly, highlighting root causes to ensure compliance with complaints response time limits.
- Take ownership of maintaining an excellent knowledge and understanding of legislative and regulatory requirements.
- Understand the commitments made about the level of service during the marketing and sales processes to ensure the area is capable of meeting those expectations and that customers' reasonable expectations of performance and service are met.
- Thoroughly understand the risk factors for mortality and morbidity, as well as financial underwriting.
- Understanding of legislation and regulatory requirements would be preferable.
**Benefits:***
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
- Generous pension contribution.
- Life assurance.
- Private medical insurance (permanent employees only).
- At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday.
- Competitive family leave.
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice.
- There are many discounts we offer – both for our own products and at a range of high street stores and online.
**Location:** Our office location is easily accessible by public transport, and we offer a competitive salary package, including a base salary of £35,000 - £45,000 per annum, depending on experience.
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