Job Title: Technical Underwriter
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: £40,000 - £52,800
Location: Eastleigh once a month
Closing Date for applications: Tuesday 1st July
Technical Underwriter : The Technical Underwriting Team at Ageas deliver to promise by providing the technical expertise and oversight to deliver products and product change to market in line with business and regulatory requirements and maintaining their integrity throughout the product lifecycle. Simply put, the Technical Underwriting Team are ‘Product Controllers’.
Main Responsibilities as Technical Underwriter :
1. Leading and supporting projects, ensuring products remain fit for purpose, systems and technical processes are properly maintained and delivering within agreed timescales;
2. Maintaining and developing underwriting rules and technical processes and recommending necessary changes to maximise market opportunities, achieve the plan growth and profitability, and control areas of poor performance;
3. Leading and supporting projects, ensuring products remain fit for purpose, systems and technical processes are properly maintained and delivering within agreed timescales;
4. Contributing to the development of policy covers and technical processes and assisting in the development of rating structures for new and existing products. Implementing and communicating changes across Ageas and its brokers and partners;
5. Evaluating new scheme, affinity and product propositions and determining the optimum underwriting and technical process proposition to achieve maximum growth and profitability;
6. To ensure that policy wordings and the technical content of other documentation, including guides, are updated to meet business needs.
Skills and experience you need as Technical Underwriter :
7. A sound understanding of underwriting and pricing principles and experience of a wide range of technical issues, including the construction of policy wordings.
8. A working knowledge of the personal lines market and of current legal/industry developments affecting the market.
9. An understanding of the software house market and the way insurance products are developed on their systems.
10. Organised and thorough, with good project management skills and demonstrating attention to detail, and demonstrating good risk evaluation skills.
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- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.
Supporting your Wealth- Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work- Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family-Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
Benefits for Them- Partner Life Assurance and Critical Illness cover.
Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
Supporting you back to work- Return to work programme after maternity leave.