Scheme Underwriter

2 months ago

Hove, Brighton and Hove, United Kingdom Legal & General Full time
About the Role

We are seeking a highly skilled Scheme Underwriter to join our team at Legal & General. As a Scheme Underwriter, you will play a critical role in assessing risk and setting prices for our group protection products.

Key Responsibilities
  • Assess Risk and Set Prices: Accurately assess risk and set prices for our group protection products, ensuring compliance with Group Protection Scheme Underwriting guidelines and philosophy.
  • Deliver Excellent Customer Service: Provide unrivalled service to new and existing customers, driving the achievement of team shared financial targets around portfolio and business growth.
  • Lead and Collaborate: Demonstrate strong leadership and ownership, ensuring you and your team colleagues contribute to collective business goals and objectives across Group Protection.
  • Stay Up-to-Date with Industry Developments: Take a wider interest in the Group Protection business, including new products, features, team and department developments, and results.
  • Manage Customer Enquiries: Organise and manage the provision of service to give sufficient priority and opportunity to customers wishing to change products, switch provider, submit a claim or make a complaint.
  • Ensure Regulatory Compliance: Ensure the correct application of regulations and legislation, as set by the Financial Conduct Authority (FCA) and Her Majesty's Revenue and Customs (HMRC).
Requirements
  • Background in Group Protection: A background in group protection, with a strong understanding of products, regulation, and Group Protection processes.
  • CII Group Risk Exam: A CII Group Risk Exam qualification or equivalent.
  • Excellent Communication Skills: Confident with customers, able to handle direct customer contact effectively on a range of subjects both written and oral.
  • Technical Skills: Highly proficient in Excel and the manipulation of data, with a good understanding of computer-based systems, including Microsoft Office.
What We Offer
  • Competitive Salary: A competitive base salary.
  • Performance-Related Bonus: The opportunity to participate in our annual, performance-related bonus plan.
  • Share Schemes: Valuable share schemes.
  • Pension Contribution: A generous pension contribution.
  • Life Assurance: Life assurance.
  • Private Medical Insurance: Private medical insurance (permanent employees only).
  • Holiday Entitlement: At least 25 days holiday, plus public holidays, 26 days after 2 years' service.
  • Flexible Working: 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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