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Assistant Development Underwriter

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  • Reigate
  • Posted 7th Apr 2010
  • Posted by: Lloyd Recruitment - Reigate
  • Salary: 38,000-48,000
  • Job Type: Permanent
  • Address: 70 High Street
    Reigate
    Surrey
    RH2 9AP
  • Contact: 01737 221999
  • Reference:
  • This job has been viewed 133 times since it was posted.

Job Description

A fantastic opportunity to join a leading insurance provider as an Assistant Development Underwriter

You will assist with the development of underwriting philosophy and procedures Continuously monitor industry best practice and recommend changes Monitor monthly MI and reports and determine if further investigation of abnormal trends is required Complete ad hoc reviews of processes, advisers or case types where potential problems are identified Work closely with other areas (for example Claims, Actuarial, Administration) to develop a thorough understanding of the business and contribute to "best practice" overall. Underwrite Life, Critical illness, TPD, IP, and MPPI when required within an agreed level of authority and within service standards

The successful candidate will have… A subject matter expert in the field of Underwriting and demonstrates competence in both the breadth and depth of their technical knowledge and expertise. At least 5 years experience of underwriting substandard lives across all product lines. Experience of guiding and supporting others in the field of Underwriting. Ability to understand and interpret financial evidence and accounts. Ability to produce MI reports and interpret the underlying data. Knowledge and capability with Microsoft Office Suite & power point skills, and the ability to use online underwriting manuals are essential. An understanding of expert underwriting systems and underwriting rules development is desirable, ability to learn how to develop rules is essential.

You will be interested in stretching beyond a pure underwriting role with a view to moving into a full development underwriter role at some stage in the future.

The job will be Central London based at present.

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