At a Glance
- Tasks: Assess customer applications and determine appropriate insurance terms while ensuring fair outcomes.
- Company: Join a forward-thinking company focused on customer protection and sustainability.
- Benefits: Competitive salary, performance bonuses, generous holiday, and healthcare plans.
- Other info: Dynamic work environment with opportunities for growth and development.
- Why this job: Build your underwriting expertise while making a real difference in customers' lives.
- Qualifications: Understanding of risk factors and strong communication skills are essential.
The predicted salary is between 35000 - 45000 € per year.
We’re looking for an Initial Risk Underwriter to join our Retail Protection team, playing a key role in helping customers access the protection they need. This role sits within our underwriting function and focuses on reviewing applications, assessing risk and supporting fair, accurate decision‑making. You’ll be working in a collaborative environment, ensuring that every customer receives the right outcome based on their individual circumstances. This is an excellent opportunity to build underwriting expertise while delivering a high‑quality customer experience.
What you’ll be doing:
- Assessing customer applications to identify life and disability risk factors and determining appropriate terms within agreed authority levels
- Reviewing medical and non-medical information to support accurate underwriting decisions
- Requesting and evaluating additional information where needed to support fair and proportionate outcomes
- Managing customer and intermediary queries efficiently to deliver a high standard of service
- Maintaining accurate and up-to‑date records to support clear communication and business decision‑making
- Identifying potential complaints and escalating appropriately to ensure timely resolution
- Communicating with internal teams, external partners and third parties to obtain and provide relevant information
- Keeping up to date with regulatory requirements, company policies and underwriting best practice
Who we're looking for:
- Understanding of risk factors affecting mortality and morbidity
- Knowledge of protection products such as life insurance, critical illness and income protection
- Awareness of relevant legislation and regulatory requirements is desirable
- Strong written and verbal communication skills across a range of channels
- Ability to assess applications holistically and make balanced, evidence‑based decisions
- Strong organisational skills with the ability to prioritise and manage workload effectively
- Commitment to delivering an excellent customer experience
- Willingness to learn and develop underwriting knowledge, with training provided
Benefits we offer:
- The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participation in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice (permanent employees only)
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
Initial Risk Underwriter in Hove employer: Banner Life Family of Companies
Join a forward-thinking company that prioritises employee well-being and professional growth, offering a competitive salary and a comprehensive benefits package including performance-related bonuses, generous holiday allowances, and a commitment to sustainability. Our collaborative work culture fosters continuous learning and development, making it an ideal environment for those looking to enhance their underwriting expertise while delivering exceptional customer service.
Contact Detail:
Banner Life Family of Companies Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Initial Risk Underwriter in Hove
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions related to risk assessment and customer service. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your understanding of risk factors and your approach to underwriting. This can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Initial Risk Underwriter in Hove
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Initial Risk Underwriter role. Highlight your understanding of risk factors and any relevant experience with protection products. We want to see how you fit into our Retail Protection team!
Show Off Your Communication Skills:Since strong written communication is key for this role, ensure your application is clear and concise. Use professional language but let your personality shine through. We love a bit of character in our applications!
Demonstrate Your Organisational Skills:In your application, mention how you manage your workload and prioritise tasks. We’re looking for someone who can juggle multiple responsibilities while maintaining high standards, so give us examples of how you do this!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Banner Life Family of Companies
✨Know Your Risk Factors
Make sure you brush up on the key risk factors affecting mortality and morbidity. Being able to discuss these confidently will show that you understand the core of the Initial Risk Underwriter role and can assess applications holistically.
✨Familiarise Yourself with Protection Products
Get to grips with various protection products like life insurance, critical illness, and income protection. This knowledge will not only help you answer questions more effectively but also demonstrate your commitment to delivering a high-quality customer experience.
✨Practice Your Communication Skills
Since strong written and verbal communication skills are essential, practice articulating your thoughts clearly. You might be asked to explain complex concepts, so being able to communicate effectively across different channels is key.
✨Show Your Organisational Skills
Be prepared to discuss how you prioritise and manage your workload. Share examples from past experiences where you successfully handled multiple tasks or queries, as this will highlight your ability to maintain a high standard of service.
