At a Glance
- Tasks: Help create fair value assessments and oversee product distribution.
- Company: Join Ageas Group, a leading car and home insurer in the UK.
- Benefits: Enjoy flexible working, 35+ days holiday, and health support.
- Other info: Inclusive workplace with excellent career growth and support for all.
- Why this job: Make a real impact on customer outcomes and product performance.
- Qualifications: Experience in risk management and regulatory compliance is essential.
The predicted salary is between 35000 - 35000 £ per year.
Here at Ageas Group we have an exciting opportunity for a Risk & Governance Underwriter to join the team. In this role, you will help create clear and well-evidenced fair value assessments across a product's lifecycle. This includes new product approval, major updates, and ongoing reviews. You will also support the oversight of Ageas' products and the value they offer to customers. This includes how products are designed, how they work in practice, and how they are shared with customers.
Main Responsibilities
- Oversee product distribution aligned with regulatory standards and risk appetite.
- Contribute to clear reporting, highlighting issues and emerging concerns.
- Recommend actions to improve customer outcomes and product performance.
- Support delivery of regulatory tasks, including MID compliance activities.
- Manage and lead risk events and underwriting operational risks.
Skills and experience you need
- Oversee product distribution aligned with regulatory standards and risk appetite.
- Contribute to clear reporting, highlighting issues and emerging concerns.
- Recommend actions to improve customer outcomes and product performance.
- Support delivery of regulatory tasks, including MID compliance activities.
- Manage and lead risk events and underwriting operational risks.
Benefits
- Flexible Working – Smart gives employees flexibility around location (as long as it's within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part‑time/job-shares.
- A minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
- Supporting your Health – Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
- Supporting your Wealth – 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
- Supporting you at Work – Well-being activities, mindfulness sessions, Sports and Social Club events and more.
- Supporting you and your Family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks' full pay.
- Benefits for Them – Partner Life Assurance and Critical Illness cover.
- Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.
- Getting around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
- Supporting you back to work – Return to work programme after maternity leave.
About Ageas
We are one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers. As an inclusive employer, we encourage anyone to apply. We are a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role.
Risk and Governance Underwriter employer: Ageas Insurance Limited
At Ageas Group, we pride ourselves on being an exceptional employer, offering a flexible working environment that supports a healthy work-life balance. With a commitment to employee well-being, generous holiday allowances, and comprehensive health benefits, we foster a culture of inclusivity and growth, ensuring our team members have the resources they need to thrive both personally and professionally. Join us in Eastleigh, where your contributions will directly impact our mission to deliver outstanding value to our customers while enjoying a supportive and dynamic workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Risk and Governance Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Ageas Insurance Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Ageas Insurance Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Risk and Governance Underwriter
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ageas Insurance Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ageas Insurance Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Ageas Insurance Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ageas Insurance Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Ageas Insurance Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Ageas Insurance Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
