Senior Life Underwriter

Liverpool Victoria; United Kingdom; On-site; GBP 100,000 - GBP 125,000; Full time

Job summary

A financial services company in the UK is looking for Senior Life Underwriters to handle underwriting for life, critical illness, and income protection insurance. The role demands strong attention to detail, decision-making skills, and experience with insurance products. The company provides an attractive salary, 26-28 days of holiday, an annual bonus, and flexible benefits, including a competitive pension scheme. They value diverse skills and encourage individuals to apply regardless of background, offering flexible work arrangements when feasible.

Benefits

26-28 days' holiday

Annual bonus scheme

Flexible benefits package

Competitive pension scheme

Employee Assistance Programme

Virtual GP service

Qualifications

• Experienced underwriting professionals with a good understanding of life and income protection products.
• Strong proof-reading skills with keen attention to detail.
• Knowledgeable and efficient decision-makers with a passion for customer experience.
• Strong administration and organizational skills.
• Ability to prioritize workload effectively.

Responsibilities

• Assess new business applications and make underwriting decisions.
• Provide fair, balanced decisions using appropriate evidence.
• Build and maintain strong working relationships with colleagues, customers, and intermediaries.
• Contribute ideas for continuous improvement of operational processes.
• Coach and provide feedback to team members.

Skills

Underwriting experience

Strong communication skills

Attention to detail

Decision-making ability

Proficiency in Microsoft Office

Organizational skills

Ability to work independently

Customer experience focus

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Microsoft Outlook

Job description

We are excited to announce a wonderful opportunity for two underwriting professionals to join LV= as Senior Life Underwriters.

You’ll efficiently underwrite new business applications for life, critical illness and income protection insurance on appropriate terms, based on risk factors presented in applications.

You will make fair and balanced decisions using relevant evidence, and by gathering further information for additional clarity where required.

About Yo

uOur ideal candidates will

• …Be experienced underwriting professionals with a good understanding of life and income protection products
• .Demonstrate strong proof-reading skills, with a keen eye for detail
• .Be knowledgeable and efficient decision-makers, with a passion for delivering an excellent customer experience
• .Showcase strong administration and organisational skills, with the ability to prioritise workload effectively
• .Maintain an awareness of the wider market and competitors’ products
• .Be adept at using Microsoft Office programmes such as Word, Excel, PowerPoint and Outlook
• .Consistently demonstrate excellent communication skills, with the ability to deliver information in a clear, concise manner, and with patience and empathy
• .Comfortably work and manage workload independently, while also supporting colleagues and the wider team with achieving mutual goals

Key Responsibiliti

• esAssessing new business applications and making underwriting decisions within risk appetite and the underwriting philosoph
• y.Providing fair, balanced decisions using appropriate evidence, in an efficient, customer-focused manne
• r.Providing clear and robust justification of decisions where required, and referring cases to third parties, including CMO and re-assurers accuratel
• y.Building and maintaining strong working relationships with colleagues, customers and intermediarie
• s.Contributing ideas for continuous improvement of operational processes, and aiding the resourcing of the department, thus enabling KPI’s to be me
• t.Suggesting ideas to improve the overall customer journe
• y.Obtaining ongoing CPD by self-education, attending training seminars, industry events and providing feedback to colleagues and business areas as require
• d.Providing coaching, support and feedback to other members of the team where required, including quality checking, in a positive manne
• r.Supporting on projects and testing where needed, to assist with business change plan
• s.Partaking in the investigation of underwriting rules development/claims industry best practice, including analysis of MI where require
• d.Acting as a strong representative on projects, including product initiatives and service improvements to drive the business forwar

ts This role is a Band B in the LV= salary structu

re.At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers. We’ll reward your hard work with an attractive, competitive salary and benefits package, which includ

• es:26 days' holiday – increasing after two years of service to 28 d
• aysThe opportunity to buy or sell up to five days of holi
• dayAn annual bonus scheme based on company and personal performa
• nceFlexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insura
• nceCompetitive pension scheme - LV= Life and Pensions will double-match the amount you pay, up to 14% (subject to National Minimum Wage requiremen
• ts)Group Life Assurance of four times your basic pay to your dependents (you’ll have the option to increase this to 8 x cov
• er)Group Income Protection, if you enroll into the pension scheme and reach 5 years of serv
• iceEmployee Assistance Programme (EAP) service for support when you need
• itVirtual GP serv
• iceShared parental le
• aveUp to 20% discount on our life products for you and your immediate fami

Abou

t UsWe’re proud of our inclusive culture at LV= and, as an equal-opportunity employer, we continually work to remove unconscious bias from our recruitment process. We value our colleagues for what they bring to our team regardless of any protected status or characteristics they may have. Talk to us about flexible working as part of your application; if it’s right for you, our members and customers, and our business, then we’ll do everything we can to make it hap

pen.We’re also open to conversations about flexible working as part of your application - if it’s right for our customers, our business and for you, then we’ll do everything we can to make it hap

pen.Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship in order for your application to be conside