Senior Strategic Underwriter

02 Jun 2021
24 Jun 2021
Contract Type
Full Time
Vitality, Senior Strategic Underwriter, Home Based, GBPCompetitive + Bonus + Benefits

We're the UK insurer and investment provider that rewards people for positive lifestyle choices. With 1.25m+ UK members and more than 25m globally, we're out to make the world a healthier, happier place.

That applies as much to our people as it does to our members. So, as well as a highly competitive pay package, you'll enjoy: Free places to Vitality sponsored run events, online fitness classes and wellbeing workshops, competitions to win tickets to top-flight sporting events, health checks and access to our full range of partners and rewards.

It's what we call offering shared value, because a healthy, happy team is good for us, good for our members and good for you.

As our Senior Strategic Underwriter, you'll get the benefits our members enjoy, including:

- Our award-winning private Vitality Health insurance + wellness incentive programme

- Access to The Vitality Programme - Apple Watch, Waitrose and Partners, Garmin, Amazon Prime, Champneys Spa days, Rakuten TV and half-price gym memberships to name a few!

- Personal health fund + Life Assurance

- Stakeholder Pension Plan with employer contribution

- 25 days annual leave + Bank holidays + option to buy and sell 5 more

- Flexible benefits package

- Internal incentives, competitions, and awards - a chance to win football and sports tickets or even be in with a chance to have a holiday of a lifetime

- A genuine opportunity to grow and establish a long-term career

As our Senior Strategic Underwriter, you will perform a multifunctional role within the strategic underwriting team, encompassing a broad range of strategy, risk and philosophy based underwriting disciplines, ensuring the delivery of a world-class underwriting proposition. Your primary function will be to deliver a post-issue underwriting audit programme of policies automatically accepted through VitlaityLife's underwriting engine to determine the accuracy of application disclosures.

Key responsibilities of our Senior Strategic Underwriter include:

- Ensuring a robust post-issue underwriting non-disclosure QA is positioned to maximise value and working with key internal stakeholders and Reinsurers to drive the programme forward

- Analysing data collected and considering and recommending areas for improvements or change

- Ensuring post-issue communications are sound and evidence collation appropriate

- Supporting in the training and development of distribution by identifying and reporting on trends where non-disclosure could be improved upon

- Supporting the retrospective underwriting of claims assessments

- Conducting new business underwriting audits as required

- Undertaking complex risk assessment to include high net worth underwriting

- Liaising with the Automated Underwriting Team and providing recommendations on where improvements to question sets and/or underwriting philosophy can be made

- Taking responsibility for keeping up to date with changes to underwriting philosophy and processes, underwriting systems, reinsurance manuals and internal guidelines

- Delivering underwriting philosophy based training to Operations

- Attending underwriting related industry meetings and seminars

- Building relationships with key stakeholders

What we are looking for in our ideal Senior Strategic Underwriter:

- Experience at a Senior Underwriter level with in-depth medical and financial knowledge in respect of Life Cover, Serious Illness and Income Protection

- Familiarity with concepts of a post-issue underwriting QA

- Good working knowledge of regulatory procedures/requirements within the industry

- Relevant medical or underwriting qualifications

Closing Date: Wednesday 23rd June 2021

Working for Vitality, you will experience an exciting mix of creativity and innovation, within a framework of challenging objectives and a passion for delivering the best.

Our people are chosen for their skills, knowledge, enthusiasm, and attitude but above all, their belief that anything can be achieved.

If you feel you have the skills and experience to become our Senior Strategic Underwriter, then please click 'apply' today

More searches like this