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 be 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.
- Report Operational Risks promptly to the Head of Underwriting Quality, discussing mitigation actions, and stay up to date with changes to underwriting philosophy, processes, systems, reinsurance manuals and internal guidelines.
- Provide new business underwriting audits as required and support retrospective underwriting of claims.
What do you need to thrive?
- Experience at a senior underwriter level with in-depth medical and financial knowledge in respect of Life cover, Serious Illness and Income Protection. Familiar with concepts of a post issue underwriting QA.
- Good working knowledge of regulatory procedures/requirements within the industry
- Relevant medical or underwriting qualifications
So, what’s in it for you?
- Bonus Schemes – A bonus that regularly rewards you for your performance
- A pension of up to 12%– We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance – With its own set of rewards and benefits
- Life Assurance – Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, we will:
- Help you to be the healthiest you’ve ever been
- Create an environment that embraces you as you are and enables you to be your best self
- Give you flexibility on how, where and when you work
- Help you advance your career by playing you to your strengths
- Give you a voice to help our business grow and make Vitality a great place to be
- Give you the space to try, fail and learn
- Provide a healthy balance of challenge and support
- Recognise and reward you with a competitive salary and amazing benefits
- Be there for you when you need us
- Provide opportunities for you to be a force for good in society
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.