Senior Underwriter – Annuities & Life Solutions

Senior Underwriter – Annuities & Life Solutions

Full-Time 50000 - 65000 £ / year (est.) No working from home possible
M&G

At a Glance

  • Tasks: Shape underwriting practices and deliver high-quality decisions in a dynamic environment.
  • Company: M&G Life, a leader in annuities and life solutions.
  • Benefits: Competitive salary, career growth opportunities, and a supportive team culture.
  • Why this job: Join an exciting new function and make a real impact on innovative annuity propositions.
  • Qualifications: Experience in underwriting and a passion for continuous improvement.

The predicted salary is between 50000 - 65000 £ per year.

M&G Life is seeking a Senior Underwriter - Annuities in Edinburgh to help launch and grow a new underwriting function.

You’ll shape underwriting practices, influence processes, and contribute to the success of an exciting new annuity proposition.

You will deliver high-quality underwriting decisions while contributing to process design, training, governance, and continuous improvement initiatives in a dynamic environment.

#J-18808-Ljbffr

Senior Underwriter – Annuities & Life Solutions employer: M&G

M&G is an excellent employer, offering a dynamic work culture that values diversity and inclusion while fostering collaboration across geographically distributed teams. With a strong focus on employee growth and development, the company provides ample opportunities for professional advancement in the vibrant city of Edinburgh, making it an ideal place for those seeking meaningful and rewarding employment in technology delivery.

M&G

Contact Details:

M&G Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter – Annuities & Life Solutions

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 M&G). 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 M&G. 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 Senior Underwriter – Annuities & Life Solutions

Underwriting Expertise
Annuities Knowledge
Process Design
Governance
Continuous Improvement
Training and Development
Decision-Making Skills

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 M&G.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at M&G. 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 M&G

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at M&G 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 M&G, 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 M&G'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.