Employee Benefits Pricing Underwriter

MetLife Investment Management; England; Remote; GBP 40,000 - 80,000; Full time

Job description

Remote considered if the Office is not within a commutable distance

The Team You Will Join

At MetLife, you will have the opportunity to make a significant impact in a supportive and innovative environment. We value growth and development and offer a platform for you to excel in your career.

Our Underwriting team includes the Chief Underwriters, Underwriting Technical Managers, and Pricing Underwriters focused on Employee Benefits.

The Opportunity

We are looking for experienced Group Risk Underwriters to join us to help MetLife become the best in the Employee Benefits market. We need Scheme Underwriters to come on board with a good ability to assess risk and decide where to price the risk within company strategy and guidelines.

How You’ll Help Us Build a Confident Future (Key Responsibilities)

1. Responsible for underwriting Jumbo and large premium Group Life and/or Group Income Protection quotations for renewals and new business in a timely manner within agreed internal procedures to achieve service standards and exceed our annual sales target.
2. Support key strategic relationships within Sales, Actuarial and other business departments by making pragmatic and commercially focused underwriting decisions to help achieve sales, profitability, and retention targets.
3. Train less experienced members of the Employee Benefits division, checking and sampling their work against the agreed procedures.
4. Act as a Senior Mentor within the department for Associate Underwriters.
5. Represent the Underwriting department by supporting key Client Relationship meetings along with Sales Business Development Managers & Operations.
6. Provide technical underwriting support to the Sales team, where appropriate.
7. In addition to the duties and responsibilities listed, the job holder may be required to perform other duties as reasonable assigned by the Manager from time to time.

What You Need to Succeed (Required Qualifications)

1. Experience working in an Underwriting function for Group Life and or Group Income Protection products.
2. Able to handle the demands of working in a fast-paced environment, with the ability to manage own work and deadlines, communicating coherently across functions if required.
3. A desire to proactively learn and develop yourself.
4. Experience in supporting key clients (brokers) as a key customer segmented contact point, attending and hosting client visits, and joining the Sales Business Development Manager.
5. Strong technical mentoring experience with Associate Underwriters.
6. Ability to challenge existing ways of working for the best outcome for the company and customer.

Benefits We Offer

MetLife UK offers a range of benefits to deliver value to our employees and their families, supporting their health, wellbeing and financial security. Our flexible benefits offering provides freedom, choice, and flexibility in the way that you receive your benefits to better suit your lifestyle, meet some of your practical needs, and provide advantages in terms of tax and National Insurance savings. Our core benefits include 9% employer pension contributions with up to 4% matching available, comprehensive private medical insurance, income protection insurance, and life insurance. We offer a host of additional benefits that you can choose to buy including critical illness/dental/travel/gadget insurance, annual leave buy/sell, partner life insurance and more. All employees receive a £20 benefits allowance per month to spend on any additional benefits they select.

About MetLife Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces for 2024, MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!