At a Glance
- Tasks: Make fair underwriting decisions and manage customer journeys in a supportive team.
- Company: Join Canada Life UK, a modern and agile organisation focused on building better futures.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and professional development.
- Other info: Flexible working arrangements available to support your work-life balance.
- Why this job: Be part of a transformative company that values your input and growth.
- Qualifications: Experience in medical underwriting and strong communication skills are essential.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Summary
We are looking for an experienced Medical Underwriter to help us deliver an outstanding service for our customers. Experience in medical underwriting, with a recognised underwriting authority. Ideally within Life, Income Protection and Critical illness.
What You'll Do
• To provide fair and balanced underwriting decisions within own authority limits assessing initial applications and additional medical evidence
• Ability to manage the end to end customer journey, from application stage through to decision
• Familiar with handling more complex cases and referrals whilst supporting less experienced team members
• As well as a strong technical background, you will also be able to demonstrate stakeholder management and communication skills, liaising with customer services, sales, reinsurance partners and medical officers
• Proactive approach to your own learning and development is expected to ensure that Underwriting practices and skills are continually improved.
Who You Are
• Experience of working within a Medical Underwriting Team and making an accurate assessment of medical evidence gathered
• Able to underwrite for multiple Protection product lines.
• Understanding of underwriting manuals and processes.
• Understanding of the Protection products which require underwriting input.
• Maintains underwriting knowledge with industry and market changes.
• Inquisitive and Customer centric approach with an ability to think outside of the norm and challenge existing processes.
• Ability to communicate with all types of customers and contribute to a team delivering service excellence.
• Able to work to deadlines and manage own workload, prioritising cases when required
• GR1 or other industry recognised qualification (desired)
Benefits of working at Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
How we work at Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.
\"At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.\" Nick Harding, Chief People Officer, Canada Life UK
We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
JTRA1_UKTJ
Medical Underwriter in Somerset employer: Canada Life UK
Canada Life UK is an exceptional employer that prioritises the growth and well-being of its employees, offering a competitive salary and a comprehensive benefits package, including a generous pension scheme and private medical insurance. The company fosters a supportive work culture that values diversity and inclusion, ensuring that all team members can thrive and contribute meaningfully to governance initiatives. With ample opportunities for personal and professional development, Canada Life UK is committed to empowering its workforce in a dynamic and rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Medical Underwriter in Somerset
✨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 Canada Life UK). 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 Canada Life UK. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
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 Canada Life UK.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Canada Life UK. 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 Canada Life UK
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Canada Life UK 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 Canada Life UK, 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 Canada Life UK'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.
