Trainee Underwriter

Find Apprenticeships; Cotswold District; Hybrid; GBP 26,000 - 30,000; Full time

Job summary

Join a rapidly expanding mutual society in Gloucestershire as a Trainee Medical Underwriter. This position offers full training and a supportive work environment, with benefits such as private health cover, an annual bonus, and opportunities for hybrid working. Perfect for graduates or those with relevant insurance experience seeking career growth.

Benefits

Private Health Cover

25 days holiday + bank holidays

10% annual bonus

10% non-contributory pension

Death in service (x4 of base salary)

Employee Assistance program

Discounted membership investment opportunities

2 days paid leave for charity work

Hybrid working

Onsite parking

Qualifications

• Some insurance or financial services experience preferred.
• Graduate candidates seeking career opportunities are encouraged.

Responsibilities

• Review new customer applications for insurance products.
• Prepare draft underwriting decisions for review by Underwriters.
• Administer amendments to contracts considering all risk factors.

Skills

Insurance experience

Financial services experience

Education

Graduate

Job description

We are delighted to be working with this rapidly expanding mutual society, who have experienced some impressive growth recently, and have a leadership team in place to make sure this continues and have big plans for the future, meaning there is some great opportunities at the moment for hard working and career minded people who want to join them on this journey. They are now looking for a Trainee Medical Underwriter to join them to learn how to underwrite income protection risks.

They offer some genuinely great perks here, such as staff away days and social functions, with a benefits package that includes, Private Health Cover, 25 days holiday + bank holidays to start, free eye care, a 10% of salary annual bonus and a 10% non-contributory pension, death in service (x4 of base salary). And the benefits do not stop there, as they also offer a staff Employee Assistance program, and discounted membership investment opportunities as well as a further two days leave year fully paid to go and work for a charity of your choice. They also offer hybrid working and onsite parking is also provided.

You will receive full training to be able to review new customer applications for the Society s products (Income protection and critical illness insurance products). You will deal with applications for contracts with the Society and applications to amend contracts, considering all risk factors, preparing draft underwriting decisions for review by an Underwriter as well as carrying out any reasonable tasks as requested by the Senior Underwriter, Underwriting Manager, Chief Underwriter or member of the Senior Management Team.

You will ideally need some insurance or financial services based experience (some experience in income protection insurance would be a big advantage) or you will be a graduate looking for a superb career opportunity.

This is a truly fabulous opportunity to join a great local employer in Gloucestershire, who offer a warm and friendly working environment, working with a great team!

Office hours are 8:45am to 5pm and the salary on offer is £26-30,000, depending on experience including all the benefits mentioned above, with them offering hybrid working. (You will need to be in the office 2/3 days a week)

If you wish to discuss this role in more detail, please contact Kieran Boyle at CKB Recruitment