Group Protection Scheme Underwriter

Legal & General; Hove; On-site; GBP 35,000 - 45,000; Full time

Benefits offered by this job

Annual bonus and share schemes

Generous pension contribution

Life assurance

Healthcare plan

Job summary

Legal & General is recruiting a Group Protection Scheme Underwriter to join our team in the UK. The role offers a salary between £35,000 - £45,000 depending on experience and involves reviewing small to large schemes, applying pricing and supporting colleagues across underwriting, sales and operations.

There is occasional travel to the Hove office. The ideal candidate will have strong numerical and analytical skills, with proficient Excel abilities and a collaborative approach to discussions

Qualifications

• Strong numerical, analytical and problem-solving abilities.
• Clear written and verbal communication skills.
• Ability to manage deadlines in a varied environment.

Responsibilities

• Costing and underwriting group protection quotations.
• Assessing risk and applying pricing per guidelines.
• Analyse scheme data using Excel.
• Manage a varied workload of straightforward and complex cases.
• Ensure accuracy and efficient delivery in outputs.
• Collaborate with underwriting, sales and operations colleagues.
• Communicate clearly with intermediaries for specialist input.
• Develop technical knowledge and underwriting authority.

Skills

Numerical skills

Analytical thinking

Problem solving

Communication skills

Deadline management

Tools

Excel

Job description

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

Who we are

Our Retail business supports customers throughout their lives, to help them save, plan, protect and enjoy retirement.

We’re a leading provider of retirement and protection solutions. We aim to support our c.12.8 million policyholders and workplace members throughout their lifelong financial journeys.

We focus on helping the customers of today and tomorrow achieve better long‑term outcomes. We either talk with them directly or work with intermediaries and employers to meet their needs. We use the latest technology to connect with them quickly, efficiently and wherever possible in highly personalised ways.

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

Who we are

Our Retail business supports customers throughout their lives, to help them save, plan, protect and enjoy retirement.

We’re a leading provider of retirement and protection solutions. We aim to support our c.12.8 million policyholders and workplace members throughout their lifelong financial journeys.

We focus on helping the customers of today and tomorrow achieve better long‑term outcomes. We either talk with them directly or work with intermediaries and employers to meet their needs. We use the latest technology to connect with them quickly, efficiently and wherever possible in highly personalised ways.

Job Description

We’re recruiting for a Group Protection Scheme Underwriter to join us. We’re offering a salary between £35,000 - £45,000 dependant on experience.

This is a varied role where you could be reviewing a straightforward small scheme one day and analysing a large, complex dataset the next. You’ll combine sound judgement, numerical accuracy and attention to detail with the ability to deliver work efficiently.

Adhoc travel to the Hove office.

What you’ll be doing:

• Costing and underwriting new and existing Group Protection scheme quotations
• Assessing risk and applying pricing in line with underwriting guidelines
• Analysing and manipulating scheme data using Excel
• Managing a varied workload of straightforward and complex cases
• Balancing accuracy and attention to detail with efficient delivery
• Working collaboratively with underwriting, sales and operational colleagues
• Communicating clearly with intermediaries when specialist input is required
• Developing your technical knowledge and progressing your underwriting authority

Who we’re looking for:

• Strong numerical, analytical and problem‑solving skills
• Intermediate Excel capability and confidence working efficiently with data
• Careful attention to detail and a commitment to producing accurate work
• Ability to manage deadlines and adjust priorities in a varied environment
• Clear written and verbal communication skills
• A collaborative, dependable and proactive approach
• An interest in developing technical Group Protection underwriting knowledge
• Group Protection, Group Risk or underwriting experience would be beneficial but is not essential

Our selection process includes an Excel assessment followed, for successful candidates, by a competency and role‑focused interview. We’ll explain each stage clearly so you know what to expect.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax efficient salary sacrifice (permanent employees only)
• There are many discounts we offer – both for our own products and at a range of high street stores and online
• We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part‑time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.