At a Glance
- Tasks: Assess and underwrite Income Protection applications while shaping underwriting strategy.
- Company: Join a pioneering company in Income Protection Insurance, dedicated to supporting individuals in need.
- Benefits: Enjoy flexible working, competitive salary, 27 days holiday, and great perks like private medical insurance.
- Other info: Collaborate with various teams to enhance expertise and deliver excellent outcomes.
- Why this job: Be part of a supportive team where your ideas matter and work-life balance is prioritised.
- Qualifications: Experience in medically underwriting life or income protection applications is essential.
The predicted salary is between 36000 - 60000 £ per year.
Underwriter – Income Protection
Are you an experienced Underwriter who’s innovative, focused, and looking to have a bigger voice in shaping underwriting philosophy and strategy?
If so, this opportunity could be for you.
We’re proud to be pioneers of Income Protection Insurance, supporting people when illness or injury prevents them from working. We take the time to understand individual needs and make underwriting decisions that truly matter.
What you’ll do:
- Assess the risk of Income Protection applications, making fair and consistent decisions in line with underwriting philosophy.
- Underwrite and review existing contracts, applying substandard terms, loadings, and exclusions where appropriate.
- Contribute to the wider development of underwriting philosophy and strategic decision-making.
- Collaborate with marketing, distribution, and claims teams to grow expertise and deliver excellent outcomes.
What we’re looking for:
- Essential: Experience in medically underwriting life or income protection applications.
- Excellent communication skills to engage confidently with members, advisers, and medical professionals.
- Strong judgement, attention to detail, and a methodical approach.
- Ability to work collaboratively in a smaller, supportive team where your voice is heard.
- Confidence using Microsoft Office.
What you’ll find here:
- Flexible and agile working arrangements, with genuine focus on work–life balance.
- A smaller team culture with faster decisions and easy access to leadership.
- Opportunities to shape underwriting philosophy, not just process applications.
- A more relaxed, supportive pace while maintaining professional standards.
- Competitive salary and benefits package including pension, private medical insurance, group life cover, and enhanced family leave.
- 27 days’ holiday plus bank holidays.
- Additional perks such as free on-site parking (where applicable).
Underwriting - Income Protection in Leicester employer: IDEX Consulting Ltd
As a pioneering leader in Income Protection Insurance, we offer an exceptional work environment where your expertise as an Underwriter can truly shape our underwriting philosophy and strategy. With a strong emphasis on work-life balance, flexible working arrangements, and a supportive team culture, you will have the opportunity to make impactful decisions while enjoying competitive benefits and a relaxed pace of work. Join us to be part of a company that values your voice and fosters professional growth in a collaborative setting.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting - Income Protection in Leicester
✨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 IDEX Consulting Ltd). 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 IDEX Consulting Ltd. 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 - Income Protection in Leicester
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 IDEX Consulting Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IDEX Consulting Ltd. 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 IDEX Consulting Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IDEX Consulting Ltd 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 IDEX Consulting Ltd, 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 IDEX Consulting Ltd'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.
