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.