Underwriting Training and Development Specialist in London

Underwriting Training and Development Specialist in London

London Full-Time 96000 - 146200 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Design and deliver engaging training programmes for underwriters to boost their skills and performance.
  • Company: Join Canada Life, a trusted leader in improving Canadians' well-being.
  • Benefits: Enjoy competitive salary, health benefits, education reimbursement, and flexible work options.
  • Other info: Dynamic workplace with career growth opportunities and a commitment to community involvement.
  • Why this job: Make a real impact by shaping the future of underwriting professionals.
  • Qualifications: Experience in underwriting and training, with strong communication and analytical skills.

The predicted salary is between 96000 - 146200 £ per year.

The Underwriting Training and Development Specialist is responsible for designing, implementing, and managing underwriting training programs to enhance the knowledge, skills, and performance of underwriters. The role focuses on developing training materials, conducting workshops and training schools, ensuring compliance with underwriting policies, and fostering continuous professional development within the underwriting department.

What you will do:

  • Training Program Development & Delivery: Develop, implement, and manage underwriting training programs tailored to different levels of underwriters (junior, mid-level, and senior). Deliver training sessions through various formats, including classroom instruction, webinars, e-learning modules, and hands-on workshops. Create training materials such as manuals, guides, case studies, and assessments.
  • Underwriting Knowledge & Skills Development: Provide specialized training on underwriting principles, risk assessment, policy guidelines, and regulatory compliance. Conduct technical training on underwriting software, data analysis tools, and risk evaluation models. Ensure that underwriters are up to date with industry trends, new regulations, and changes in company policies.
  • Onboarding & Continuous Education: Lead the underwriting training for new hires to ensure a smooth transition into the role. Establish ongoing professional development initiatives to upskill underwriters and improve decision-making. Organize refresher courses, workshops, and certifications for underwriting teams.
  • Performance Assessment & Coaching: Evaluate the effectiveness of training programs through assessments, feedback, and underwriting performance metrics. Provide coaching and mentorship to underwriters to enhance their technical and analytical skills as well as co-signing underwriter files. Identify knowledge gaps and tailor training solutions accordingly.
  • Compliance & Quality Assurance: Ensure all underwriting training aligns with company policies, regulatory requirements, and industry best practices. Collaborate with compliance and risk management teams to update training content as needed. Promote ethical underwriting practices and adherence to risk management principles.
  • Collaboration & Stakeholder Engagement: Work closely with underwriting managers, senior underwriters, and NB Ops teams to align training programs with business goals. Liaise with external training providers, professional bodies, and industry experts to enhance training offerings. Support the development of career progression pathways for underwriters within the organization.

What you will bring:

  • Technical Skills: Strong knowledge of underwriting principles, risk assessment, and insurance policies. Familiarity with underwriting systems, data analysis tools, and risk evaluation techniques. Understanding of regulatory requirements and industry best practices.
  • Training & Development Skills: Experience in instructional design, curriculum development, and adult learning methodologies. Strong presentation and facilitation skills, with the ability to engage and educate diverse audiences. Ability to create effective training materials and e-learning content.
  • Other Skills: Excellent communication and interpersonal skills. Strong analytical, problem-solving, and critical and creative thinking abilities. Ability to coach, mentor, and provide constructive feedback. Highly organized with strong project management skills.

Qualifications & Experience:

  • Bachelor's degree, or a related job experience.
  • Experience in Individual Insurance Underwriting.
  • Professional Insurance qualifications (e.g., FLMI, FALU etc.).
  • Minimum of 5-7 years of experience in underwriting, training, or a related role.
  • Experience in developing and delivering training programs in an insurance environment.

Additional Information:

This role may require occasional travel to different office locations for training sessions. The candidate should have a passion for learning and development and a commitment to fostering underwriting excellence.

What we offer:

  • Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
  • Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
  • Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
  • Financial Security: Company-matching pension plan, share ownership program and additional investment options.
  • Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
  • Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.

Underwriting Training and Development Specialist in London employer: Canada Life

Canada Life is an exceptional employer that prioritises the well-being and professional growth of its employees. With a strong commitment to career development, flexible health benefits, and a supportive work culture, employees are encouraged to thrive in their roles while contributing to the community. The bilingual Customer Service Representative role offers a structured environment where you can make a meaningful impact by assisting clients with empathy and professionalism.

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Contact Details:

Canada Life Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriting Training and Development Specialist in London

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). 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. 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 Underwriting Training and Development Specialist in London

Communication Skills
Adaptability
Time Management
Organizational Skills
Problem-Solving Skills
Flexibility
Compassion

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.

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. 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

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 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, 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'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.