Quality Audit Underwriter in London

Quality Audit Underwriter in London

London Full-Time 40000 - 50000 £ / year (est.) Home office possible
Vitality Corporate Services

At a Glance

  • Tasks: Conduct audits on life insurance policies to ensure accuracy and compliance.
  • Company: Join a leading life insurance provider with a focus on innovation.
  • Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
  • Other info: Remote work with a supportive team and a commitment to your development.
  • Why this job: Make a difference by ensuring fair underwriting practices in the insurance industry.
  • Qualifications: Experience in auditing or underwriting is preferred, along with strong analytical skills.

The predicted salary is between 40000 - 50000 £ per year.

About The Role

Team: Strategic Underwriting - Life

Working Pattern: Remote/Home based. Full time, 37.5 hours per week. We are happy to discuss flexible working!

What this role is all about:

The primary function will be to deliver a post-issue underwriting audit programme of policies automatically accepted through VitalityLife's underwriting engine to determine the accuracy of application disclosures. Additionally, responsibilities will include some involvement in the BAU new business underwriting quality audit and the retrospective underwriting of claims.

Key Actions:

  • Ensure a robust post-issue underwriting non-disclosure QA programme is in place, working with Operational colleagues; ensure post-issue communications are sound and evidence collation is appropriate.
  • Review monthly random and targeted samples of automated underwriting system decisions, completing findings on the post-issue audit log and issuing a monthly summary report.
  • Ascertain the non-disclosure rate of policies across each distribution channel, supporting training and development by identifying and reporting trends where non-disclosure can be improved.
  • Liaise with the Automated Underwriting Team to recommend improvements to question sets and/or underwriting philosophy and suggest enhancements to data collection to maintain an effective audit process.

Quality Audit Underwriter in London employer: Vitality Corporate Services

As a Quality Audit Underwriter at our company, you will be part of a dynamic team that values flexibility and work-life balance, with the opportunity to work remotely. We foster a supportive work culture that prioritises employee growth through continuous training and development, ensuring you have the tools to excel in your role. Join us to contribute to meaningful initiatives that enhance our underwriting processes while enjoying the unique advantages of a collaborative environment focused on innovation and excellence.
Vitality Corporate Services

Contact Detail:

Vitality Corporate Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Quality Audit Underwriter in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those working in quality audit or underwriting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of underwriting processes and non-disclosure trends. We want you to show off your expertise and how you can contribute to improving the audit programme!

✨Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.

✨Tip Number 4

Apply through our website for the best chance at landing that Quality Audit Underwriter role. We love seeing applications directly from our site, and it helps us keep track of all the amazing talent out there!

We think you need these skills to ace Quality Audit Underwriter in London

Post-Issue Underwriting Audit
Quality Assurance (QA)
Data Analysis
Report Writing
Communication Skills
Collaboration with Operational Teams
Trend Identification
Automated Underwriting Systems
Attention to Detail
Problem-Solving Skills
Training and Development Support
Process Improvement
Non-Disclosure Rate Analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Quality Audit Underwriter role. Highlight relevant experience in underwriting and quality assurance, and don’t forget to mention any specific skills that align with the job description.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Be sure to reference the key actions mentioned in the job description.

Showcase Your Analytical Skills: Since this role involves reviewing underwriting decisions and identifying trends, make sure to showcase your analytical skills in your application. Provide examples of how you've successfully analysed data or improved processes in previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!

How to prepare for a job interview at Vitality Corporate Services

✨Know Your Underwriting Basics

Make sure you brush up on your underwriting knowledge, especially around post-issue audits and non-disclosure rates. Familiarise yourself with the VitalityLife underwriting engine and be ready to discuss how you would approach auditing policies.

✨Showcase Your Analytical Skills

Prepare examples of how you've used data analysis in previous roles. Be ready to explain how you would review samples of automated underwriting decisions and what trends you might look for in non-disclosure rates.

✨Communicate Clearly

Since you'll be liaising with various teams, practice articulating your thoughts clearly. Think about how you would present your findings in a monthly summary report and ensure you can convey complex information in an understandable way.

✨Be Ready to Suggest Improvements

Think about potential enhancements to the underwriting process or data collection methods. Prepare to discuss any ideas you have for improving the QA programme and how you would collaborate with the Automated Underwriting Team.

Quality Audit Underwriter in London
Vitality Corporate Services
Location: London

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