A leading Insurance Group based in the City of London seeks a Life Scheme Underwriter, with at least 12 months scheme underwriting experience with knowledge of the UK Group Risk market, with at least strong knowledge of the Group Income Protection Product. You will have strong analytical skills, skills in MS Office suite particularly excel, excellent communication and team working skills.
You will be responsible for producing Group Scheme quotations incorporating Group Life, Group Income Protection and Group Critical Illness business for Corporate clients' Scheme underwriting basis. The Scheme Underwriter will play a vital and supporting role in the business management of our group risk portfolio, with specific responsibilities for scheme underwriting and all activities connected with it, through the profitable acquisition and retention of business.
Responsibilities - To to underwrite, issue application forms and put on-risk all schemes, and with the operations team to provide administration support on all on-risk schemes including rate reviews, re-quoting tolerance breaches and scheme changes.
Maintaining good relationships with Life distribution and client service teams, including managing expectations and meeting deadlines / service standards as required.
Contributing to the profitability of the portfolio through the acquisition and retention of business. Contributing ideas and support to the positive development of the scheme underwriting basis, the underwriting systems in general and process improvements. Working as part of a virtual team with other operational areas such as actuarial, underwriting and claims to ensure an excellent client relationship and a client focussed approach to business management.