At a Glance
- Tasks: Lead projects to ensure insurance products are compliant and profitable.
- Company: Join Ageas, a leader in the insurance industry focused on innovation and diversity.
- Benefits: Enjoy flexible working, health benefits, pension schemes, and employee discounts.
- Why this job: Be part of a dynamic team making impactful changes in the insurance market.
- Qualifications: Experience in underwriting, policy wording, and knowledge of the personal lines market required.
- Other info: Part-time, full-time, and job share options available; apply by 19th June.
The predicted salary is between 40000 - 52800 £ per year.
The Technical Underwriting Team at Ageas provides technical expertise and oversight to deliver products and product changes to market, ensuring compliance with business and regulatory requirements throughout the product lifecycle. Essentially, they act as ‘Product Controllers’.
Main Responsibilities
- Leading and supporting projects to ensure products remain fit for purpose, systems and processes are maintained, and deliver within deadlines.
- Maintaining and developing underwriting rules and technical processes, recommending changes to maximize market opportunities, growth, profitability, and performance.
- Contributing to policy cover development and technical processes, and assisting in rating structure development for new and existing products, including implementing and communicating changes.
- Evaluating new schemes, affinity, and product propositions to determine optimal underwriting and technical processes for growth and profitability.
- Ensuring policy wordings and related documentation are updated to meet business needs.
Skills and Experience Needed
- Understanding of underwriting and pricing principles, and experience with policy wording construction.
- Knowledge of the personal lines market and current legal/industry developments.
- Understanding of the software market and insurance product development systems.
- Organized, thorough, with good project management, attention to detail, and risk evaluation skills.
Benefits at Ageas
We offer flexible working arrangements, comprehensive health and well-being benefits, competitive pension schemes, family support policies, and various employee discounts and schemes. We are committed to diversity and inclusion, being a signatory of several industry charters and a Disability Confident Leader. Join us to be part of a thriving, innovative team. Apply now by clicking the ‘Apply’ button.
Technical Underwriter employer: Ageas
Contact Detail:
Ageas Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Technical Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in underwriting and pricing principles. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work in technical underwriting. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to product development or project management in your previous roles. Highlighting your experience with policy wording construction can set you apart.
✨Tip Number 4
Research Ageas and their products thoroughly. Understanding their market position and recent developments will demonstrate your genuine interest in the company and the role during the interview process.
We think you need these skills to ace Technical Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Technical Underwriter. Familiarise yourself with underwriting principles and the specific requirements mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the role. Emphasise your understanding of underwriting, project management, and any experience with policy wording construction.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your ability to contribute to the Technical Underwriting Team. Mention specific examples of past projects or experiences that demonstrate your skills.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Ageas
✨Showcase Your Technical Knowledge
Make sure to brush up on underwriting and pricing principles before the interview. Be prepared to discuss your experience with policy wording construction and how it relates to the role.
✨Demonstrate Project Management Skills
Since the role involves leading projects, highlight any relevant project management experience you have. Discuss specific examples where you've successfully managed deadlines and maintained processes.
✨Understand the Market Landscape
Familiarise yourself with the personal lines market and current legal developments. Being able to discuss these topics will show that you're knowledgeable and engaged with the industry.
✨Prepare Questions About the Role
Think of insightful questions to ask about the Technical Underwriting Team and their projects. This shows your interest in the position and helps you gauge if it's the right fit for you.