Job Title: Senior Risk & Governance Underwriter Target Start Date: Asap Contract Type: Permanent, Part Time, Full Time, Job Share option available Salary Range: Dependant on experience Location: South Coast, Hybrid – 1x month Closing Date for applications: 16.05.2025 Senior Risk & Governance Underwriter: We have an exciting opportunity available for a Senior Risk & Governance Underwriter to join our Underwriting Risk & Governance team. As of mid 2025 we welcome Acromas (AICL) into the Ageas UK group which will continue to underwrite home, motor business through Saga ahead of a 20 year affinity partnership with Ageas commencing in late 2025. The Senior Risk & Governance Underwriter will lead Acromas day-to-day oversight and governance, Consumer Duty adherence and ensuring fair value is present end-to-end across all of our products. The Senior Risk & Governance Underwriter will keep Acromas compliant in an ever-evolving regulatory environment, constantly searching for improvements and efficiencies to keep product governance at a ‘top quartile’ level. They will be independent and self-motivated, working with limited guidance to operate and shape policies and process. Main Responsibilities as Senior Risk & Governance Underwriter: · Delivery of Consumer Duty requirements including quarterly assessments and annual board sign-off pack with input and challenge from the Board Champion. This will require significant explanation to the board of how products are complying with the requirements of the Duty and are delivering good outcomes. You will also need to oversee the completion of actions identified within the pack. · Collaborating with stakeholders across the three lines of defence to ensure business activity and initiatives are aligned with Consumer Duty and all other regulatory requirements. This will include driving and embedding compliance with the Duty across all areas of the business. · Maintaining a robust and efficient level of oversight of Acromas’ products and the value they offer to our customers. This oversight will need to cover how products are designed, and how they operate and are utilised. As such you will be responsible for ensuring robust and well evidenced fair value assessments are completed at all stages of a product’s lifecycle (which will encompass new product approval, significant change approval, and in-life review). These will need to be completed at a total product level. You will also be responsible for oversight of how these products are distributed to customers, and how distributors meet their own regulatory requirements. · Acting as the key representative for UW with product stakeholders, which may include distributors and co-manufacturers. This will mean acting independently and ensuring excellent relationships are maintained to achieve positive outcomes for all parties against regulatory requirements. · Creating and implementing appropriate development, coaching, and guidance to the pricing and underwriting teams. You will need to act as a leader and role model. Skills and experience you need as Senior Risk & Governance Underwriter: · A good degree of numeracy, alongside analytical skills, and the ability to interpret and present data for a wide audience. · Excellent skills in explaining and reporting, both internally and externally, the interpretation of regulatory requirements and Ageas’ response to these. · Excellent skills in explaining recommendations and actions to those that need to implement them · Motivational, with good leadership and influencing skills. · Proactive, innovative, self-motivating and largely self-reliant. · Good risk evaluation skills. · Confident decision maker who exhibits a willingness to take responsibility. · Able to prioritise work to meet deadlines. · A good understanding of the regulatory environment of the insurance market (especially Consumer Duty and PROD). At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK. Here are some of the benefits you can enjoy at Ageas: · Flexible Working - Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days. · Supporting your Health<