Scheme Underwriter

Scheme Underwriter

Hove Full-Time 34000 - 47000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Assess risk, set pricing, and build strong relationships with customers and brokers.
  • Company: Join Legal & General, a leading UK financial services group with a mission to improve lives.
  • Benefits: Competitive salary, hybrid working, generous holiday, and performance-related bonuses.
  • Why this job: Make a real impact in a dynamic team while developing your underwriting career.
  • Qualifications: Experience in underwriting or financial services, strong communication skills, and a collaborative mindset.
  • Other info: Inclusive culture with flexible working options and opportunities for personal development.

The predicted salary is between 34000 - 47000 £ per year.

Legal & General (L&G) is a leading UK financial services group and major global investor. We have been safeguarding people's financial futures since 1836, striving to build a better society while improving the lives of our customers and creating value for shareholders. We are one of the world's largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

L&G Retail supports the savings, protection, and retirement needs of around 14 million people through our portfolio of retail and workplace businesses. Our Retail division helps people enjoy a more colourful retirement, both directly and through their employers, including Lifetime Mortgages, Retirement Interest Only Mortgages, and financial advice on our range of lending products. We are the UK's number one individual life insurer and also provide Group Protection products for employers, helping people to plan for the unexpected.

We are recruiting for a Scheme Underwriter to join us. We are offering a base salary of £34,000-£47,000 and hybrid working. Are you ready to make a real impact in a dynamic and supportive team? We are looking for an Underwriter to join our Group Protection Retail team. You will play a key role in delivering exceptional service to our customers while helping us grow our business. Whether you are already experienced or looking to take the next step in your underwriting career, we would love to hear from you.

What you will be doing:

  • Assessing risk and setting pricing in line with underwriting guidelines
  • Building and maintaining strong relationships with customers and brokers
  • Collaborating with colleagues to meet shared financial and service goals
  • Managing your workload to meet deadlines and communicating effectively when needed
  • Supporting your own development by learning new skills and following your personal development plan
  • Staying informed about new products, team updates, and business developments
  • Ensuring customers receive clear, timely information to manage their policies
  • Prioritising service for customers making changes, claims, or complaints

Who we are looking for:

  • Experience in underwriting or a related financial services role
  • Strong communication skills, both written and verbal
  • Confidence in using Microsoft Office, especially Excel
  • Ability to adapt and stay motivated in a fast-paced environment
  • A collaborative mindset and willingness to support team goals
  • A proactive approach to personal development and learning
  • Understanding of Group Protection products and regulations
  • Commitment to treating customers fairly and upholding high ethical standards

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the 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 is also the option to buy and sell holiday
  • Competitive family leave
  • Participate 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)
  • Discounts for our own products and at a range of high street stores and online

In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart.

At L&G, we believe it is possible to generate positive returns today while helping to build a better future for all. If you join us, you will be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time, and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It does not matter if you do not meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential, and connection to our purpose.

Scheme Underwriter employer: Legal & General Investment Management

Legal & General (L&G) is an exceptional employer, offering a dynamic and supportive work environment in Hove for the Scheme Underwriter role. With a strong focus on employee development, generous benefits including a competitive salary, performance-related bonuses, and a commitment to work-life balance through hybrid working options, L&G fosters a culture of inclusivity and collaboration. Join us to make a meaningful impact while enjoying opportunities for personal growth and well-being in a company dedicated to building brighter financial futures.
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Contact Detail:

Legal & General Investment Management Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Scheme Underwriter

✨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 researching the company and its culture. Understand their products and values, especially around Group Protection. This will help you tailor your answers and show you're genuinely interested in joining the team.

✨Tip Number 3

Practice your communication skills! Whether it's answering common interview questions or discussing your experience, being clear and confident is key. Consider mock interviews with friends or using online resources to sharpen your skills.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about wanting to be part of our dynamic team at Legal & General.

We think you need these skills to ace Scheme Underwriter

Risk Assessment
Pricing Strategy
Customer Relationship Management
Collaboration
Time Management
Effective Communication
Microsoft Excel
Adaptability
Knowledge of Group Protection Products
Ethical Standards
Personal Development
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Scheme Underwriter role. Highlight any relevant underwriting experience and showcase your strong communication skills, as these are key for us.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about joining Legal & General and how you can contribute to our mission of creating brighter financial futures.

Showcase Your Skills: Don’t forget to mention your proficiency in Microsoft Office, especially Excel. We love candidates who can demonstrate their ability to adapt and thrive in a fast-paced environment, so share examples of how you've done this in the past.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on being part of our team!

How to prepare for a job interview at Legal & General Investment Management

✨Know Your Underwriting Basics

Before the interview, brush up on your underwriting knowledge, especially around Group Protection products. Understand the key principles of risk assessment and pricing strategies, as this will show your potential employer that you're serious about the role.

✨Showcase Your Communication Skills

Since strong communication is crucial for this position, prepare examples of how you've effectively communicated with customers or colleagues in the past. Think about times when you resolved issues or built relationships, as these stories will highlight your interpersonal skills.

✨Demonstrate Your Adaptability

The job description mentions a fast-paced environment, so be ready to discuss how you've adapted to changes in previous roles. Share specific instances where you successfully managed your workload under pressure, which will illustrate your ability to thrive in dynamic situations.

✨Ask Insightful Questions

Prepare thoughtful questions about the company culture, team dynamics, and opportunities for personal development. This not only shows your interest in the role but also helps you gauge if the company aligns with your career goals and values.

Scheme Underwriter
Legal & General Investment Management
Location: Hove
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