Employer:<\/b> Ageas Insurance Limited
\nSalary:<\/b>
\nDate Added:<\/b> 28\/03\/2024<\/p>\n
Job Title: <\/strong>Senior Risk & Governance Underwriter Senior Risk & Governance Underwriter<\/strong>: We have an exciting opportunity available for a Senior Risk & Governance Underwriter to join our Underwriting Risk & Governance team as part of the wider Technical Underwriting Delivery and Governance department. The Senior Risk & Governance Underwriter will work closely with many different areas of the business, and may also deal with external partners. They will be given responsibility for significant portions of our day-to-day governance and regulatory work, and will also be expected to be a role model to the wider team and department<\/p>\n Main Responsibilities as a Senior Risk & Governance Underwriter:<\/strong><\/p>\n \u00b7 Maintaining, through your own work, and that of your direct reports, a robust and efficient level of oversight of Ageas’ products and the value they offer to our customers. This oversight will need to cover how products are designed, how they operate and are utilised, and how they are distributed to customers.<\/p>\n \u00b7 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, but also for individual cohorts of customers as appropriate.<\/p>\n \u00b7 You will also be responsible for governing how these products are distributed to customers, and how distributors and co-manufacturers meet their own regulatory requirements, and the risk appetite of Ageas (including, but not limited to, remuneration).<\/p>\n \u00b7 Recommending and setting appropriate actions to address (and potentially redress) concerns and improve customer outcomes. You will be responsible for the completion, or escalation, of actions. Actions may be internal, external, or a combination of the two, and can be investigative, corrective, or preventative in nature.<\/p>\n \u00b7 Supporting, or leading (as appropriate), the completion of other regular and ad-hoc regulatory tasks.<\/p>\n \u00b7 This will include yearly attestations and reviews, but may also include ad-hoc deep-dives and investigations, or regulator responses.<\/p>\n \u00b7 Acting as one of several key representatives for UW with product stakeholders.<\/p>\n \u00b7 Providing supportive line management to Risk & Governance Underwriter(s), creating and implementing appropriate development, coaching, and guidance. You will need to act as a leader and role model.<\/p>\n Skills and experience you need as a Senior Risk & Governance Underwriter:<\/strong><\/p>\n \u00b7 A good degree of numeracy, alongside analytical skills, and the ability to interpret and present data for a wide audience.<\/p>\n \u00b7 Excellent skills in explaining and reporting, both internally and externally, the interpretation of regulatory requirements and Ageas’ response to these.<\/p>\n \u00b7 Excellent skills in explaining recommendations and actions to those that need to implement them<\/p>\n \u00b7 Motivational, with good leadership and influencing skills.<\/p>\n \u00b7 Proactive, innovative, self-motivating and largely self-reliant.<\/p>\n \u00b7 Good risk evaluation skills.<\/p>\n \u00b7 Confident decision maker who exhibits a willingness to take responsibility.<\/p>\n \u00b7 Able to prioritise work to meet deadlines.<\/p>\n \u00b7 An understanding of the regulatory environment of the insurance market (especially Consumer Duty and PROD) and what may impact Ageas’ ability to meet its requirements.<\/p>\n \u00b7 An understanding of insurance products and their distribution, including how products designed, sold, and administered, and the relationship between a distributor and manufacturer.<\/p>\n Here are some of the benefits you can enjoy within the Senior Risk & Governance Underwriter role:<\/strong><\/p>\n 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.<\/p>\n 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.<\/p>\n Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.<\/p>\n Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.<\/p>\n Supporting you at Work – Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.<\/p>\n 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.<\/p>\n Benefits for Them – Partner Life Assurance and Critical Illness cover<\/p>\n Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover<\/p>\n Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.<\/p>\n Supporting you back to work – Return to work programme after maternity leave<\/p>\n About Ageas:<\/strong> Application Deadline:<\/b> 25\/04\/2024
Target Start Date: <\/strong>ASAP
Contract Type: <\/strong>Permanent, Part Time, Full Time, Job Share option available
Salary Range: <\/strong>Dependant on experience
Location: <\/strong>Eastleigh, Bournemouth or Gloucester (Requested to visit the Eastleigh office once per month)<\/p>\n
We’re one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, a Stonewall diversity champion and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information please see Ageas Everyone.<\/p>\n
\nContract Type:<\/b> Permanent
\nSubmitted Applications:<\/b> 0<\/p>\n