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: Flexible working hours, remote options, and a supportive team environment.
- Other info: Opportunity for career growth in a dynamic and evolving field.
- Why this job: Make a difference by ensuring fair underwriting practices in the insurance industry.
- Qualifications: Attention to detail and a passion for quality assurance in underwriting.
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:
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 employer: Vitality Corporate Services
Contact Detail:
Vitality Corporate Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quality Audit Underwriter
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and underwriting space on LinkedIn. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge about post-issue audits and non-disclosure rates. We want you to show off your expertise and how you can contribute to the team.
✨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 just good manners!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are keen to join us directly.
We think you need these skills to ace Quality Audit Underwriter
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 Attention to Detail: Since this role involves auditing and accuracy, make sure your application is free from typos and errors. A well-presented application reflects your attention to detail, which is crucial for this position.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at Vitality Corporate Services
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of underwriting processes, especially in relation to post-issue audits. Familiarise yourself with the VitalityLife underwriting engine and be ready to discuss how you would approach auditing policies and identifying non-disclosure trends.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills and decision-making abilities. Think about past experiences where you've had to analyse data or improve processes, and be ready to share specific examples that highlight your analytical skills.
✨Showcase Your Communication Skills
Since this role involves liaising with various teams, it's crucial to demonstrate your communication skills. Be prepared to discuss how you would effectively communicate findings and recommendations to both operational colleagues and the Automated Underwriting Team.
✨Highlight Your Attention to Detail
As a Quality Audit Underwriter, attention to detail is key. During the interview, emphasise your ability to review and analyse data meticulously. Share examples of how your attention to detail has led to improved outcomes in previous roles, particularly in quality assurance or auditing.