New Business Underwriter – Protection
Contract - Initial 3-month contract, with potential extensionLocation - UK-based / Fully RemoteRate: Varies depending on experience (Outside IR35)Overview
We are looking for experienced New Business Underwriters to support a UK Life & Pensions business experiencing increased demand underwriting
You will join an existing underwriting function, supporting the assessment and underwriting of new protection business and helping the organisation manage increased volumes while maintaining quality, service and turnaround times.
Key Responsibilities
- Underwrite new business applications in line with company underwriting guidelines and appetite.
- Assess applicant medical, financial and lifestyle information to determine appropriate underwriting decisions.
- Review and assess risks across a range of protection products.
- Make appropriate underwriting decisions, including acceptance, exclusions, loadings, postponements or declines where applicable.
- Work collaboratively with existing underwriting teams and other stakeholders.
- Manage a pipeline of cases while maintaining appropriate quality and turnaround times.
- Apply underwriting authority and guidelines consistently.
- Escalate complex or high-risk cases where appropriate.
- Contribute to the wider underwriting operation during a period of increased demand.
The key requirement is experience underwriting protection/new business, particularly:
- Term Assurance
- Whole of Life
- Critical Illness
- Income Protection
We're potentially looking for a blend of Junior, Mid-Level and Senior Underwriters, rather than one specific level of experience.
Essential:
- Previous experience in UK Life & Protection underwriting
- Strong new business underwriting experience
- Experience assessing protection applications and making underwriting decisions
- Ability to work independently in a remote environment
- Strong understanding of underwriting guidelines and risk assessment
Desirable:
- Experience across multiple protection products
- Experience handling higher-complexity cases
- Experience working within a high-volume underwriting environment
- Ability to support/mentor less experienced underwriters
If you have the above experience please apply
Underwriter in London employer: Hydrogen Group Careers
Join a leading financial services organisation that prioritises innovation and collaboration, offering Data Engineers the chance to work on transformative projects within Wealth and Asset Management. With a strong focus on employee growth, modern engineering practices, and AI-assisted development, you'll be part of a dynamic team that values your expertise and encourages you to take ownership of impactful data solutions. Enjoy a supportive work culture that fosters creativity and provides excellent opportunities for career advancement in a rapidly evolving industry.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in London
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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 Hydrogen Group Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hydrogen Group Careers. 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 Hydrogen Group Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hydrogen Group Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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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 Hydrogen Group Careers, 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 Hydrogen Group Careers'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.
