Pricing & Underwriting Governance Analyst
Pricing & Underwriting Governance Analyst

Pricing & Underwriting Governance Analyst

Bournemouth Full-Time 36000 - 60000 £ / year (est.) No home office possible
V

At a Glance

  • Tasks: You'll audit underwriting processes and ensure risks are priced right.
  • Company: Join Vitality, a leader in health insurance with a focus on innovation.
  • Benefits: Enjoy hybrid work, flexible hours, and a supportive team culture.
  • Why this job: Make an impact by ensuring fair pricing and risk assessment in a dynamic environment.
  • Qualifications: Ideal for detail-oriented individuals with a knack for analysis and governance.
  • Other info: This role offers a chance to grow your skills in a collaborative setting.

The predicted salary is between 36000 - 60000 £ per year.

About The Role Team Implementation & Governance Working Pattern – Hybrid 2days per week in the Vitality Bournemouth Office.Full time, 35 hours per week. We are happy to discuss flexible working! What this role is all about: As a Pricing & Underwriting Governance Analyst, you will QA the person, SME and Large Corporate Underwriting processes for new and existing business, ensuring all risks placed with VitalityHealth are priced appropriately and fulfil the acceptance and risk assessment criteria for both new and existing business as set out in the SME and Large Corporate Underwriting Philosophies. You will provide a focal point for all pricing queries across the business, providing timely and accurate answers in accordance to the pricing principles. Key Actions Carry out underwriting audits, QA and bi-annual testing to assess adherence to the Large Corporate Underwriting Philosophy. Produce monthly QA reports for new and existing business, and discuss QA results with relevant stakeholders. Undertake all QA required for an Underwriter to increase their underwriting licence and provide your recommendation based on the QA undertaken. Review the scoring mechanisms for all areas of underwriting on an adhoc basis as and when significant changes are made to the Underwriting Philosophies or learnings from the QA process are red…

Pricing & Underwriting Governance Analyst employer: Vitality Corporate Services

At Vitality, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our Bournemouth office provides a vibrant environment where employees can thrive, with flexible working options and a strong emphasis on personal and professional growth. As a Pricing & Underwriting Governance Analyst, you'll not only play a crucial role in our underwriting processes but also benefit from ongoing development opportunities and a supportive team dedicated to your success.
V

Contact Detail:

Vitality Corporate Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing & Underwriting Governance Analyst

✨Tip Number 1

Familiarize yourself with the specific underwriting philosophies and pricing principles used by VitalityHealth. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to aligning with the company's standards.

✨Tip Number 2

Network with current or former employees in similar roles to gain insights into the day-to-day responsibilities and challenges they face. This can provide you with valuable information that you can use to tailor your approach during discussions with our team.

✨Tip Number 3

Stay updated on industry trends related to pricing and underwriting governance. Being knowledgeable about recent developments can set you apart and show that you are proactive and engaged in your field.

✨Tip Number 4

Prepare to discuss your experience with quality assurance processes and how you've contributed to improving them in past roles. Highlighting your analytical skills and attention to detail will resonate well with what we are looking for in a candidate.

We think you need these skills to ace Pricing & Underwriting Governance Analyst

Underwriting Knowledge
Pricing Analysis
Quality Assurance (QA)
Risk Assessment
Attention to Detail
Analytical Skills
Stakeholder Management
Report Writing
Communication Skills
Problem-Solving Skills
Data Interpretation
Regulatory Compliance
Adaptability
Team Collaboration

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Pricing & Underwriting Governance Analyst position. Understand the key responsibilities and required skills, as this will help you tailor your application.

Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience in underwriting, pricing analysis, or quality assurance. Use specific examples that demonstrate your ability to carry out audits and produce reports.

Showcase Analytical Skills: Since the role requires strong analytical skills, provide examples of how you've successfully analyzed data or processes in past roles. Mention any tools or methodologies you are familiar with that relate to pricing and underwriting.

Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific requirements of the job. Mention your enthusiasm for the role and how your background aligns with the company's goals, particularly in relation to their underwriting philosophies.

How to prepare for a job interview at Vitality Corporate Services

✨Understand the Underwriting Philosophies

Make sure you are well-versed in the SME and Large Corporate Underwriting Philosophies. Be prepared to discuss how these philosophies influence pricing decisions and risk assessments during your interview.

✨Showcase Your QA Experience

Highlight any previous experience you have with quality assurance processes, especially in underwriting or pricing. Be ready to provide examples of audits or reports you've produced and how they impacted decision-making.

✨Prepare for Technical Questions

Expect technical questions related to pricing queries and underwriting processes. Brush up on relevant terminology and be ready to explain how you would approach specific scenarios that may arise in the role.

✨Demonstrate Stakeholder Engagement Skills

Since the role involves discussing QA results with stakeholders, prepare to talk about your communication skills. Share examples of how you've effectively communicated complex information to non-technical audiences.

Pricing & Underwriting Governance Analyst
Vitality Corporate Services
V
  • Pricing & Underwriting Governance Analyst

    Bournemouth
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-01-13

  • V

    Vitality Corporate Services

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>