Life Insurance Underwriter

Job Type:
Permanent
Job Sector:
General Insurance
Region:
London
Location:
London
Salary Description:
Negotiable
Posted:
04/06/2024
Recruiter:
AMC Insurance Appointments Ltd
Job Ref:
A/41051

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.

Contact Details:
AMC Insurance Appointments Ltd
Tel: 020 7621 1800
Contact: Chris Croucher
Email:

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