Graduate Household Underwriter
Cross Site
- Full time
About the job
This vacancy has now expired. Please see similar roles below...
"Household Underwriting are looking for a recent graduate to join their team in Cardiff. This is an exciting opportunity for someone looking to develop their career in a technical insurance role.
The team set the underwriting criteria for home and landlord products. This involves creating the rules that determine whether we offer a quote, creating our Underwriting philosophy in line with our risk appetite, along with writing the policy wording and endorsements (additional terms and conditions).
They are also responsible for making sure that customer facing colleagues have the appropriate knowledge to accurately answer day to day customer queries through testing, training, audit, and producing clear guidance.
All of this is underpinned by focussed, incisive MI and reporting and strong governance.
About the role
The department has three areas of focus, and the successful candidate will have the opportunity to work in each area as part of their training before specialising in one area
Operational support and development
Responsible for reviewing technical referrals from the customer facing teams, risk selection, developing and delivering UW training for other teams within Admiral, monitoring UW decisions made by customer facing agents, data analysis and product performance reviews.
HH Claims Underwriters are also part of this team, dealing with cases where the information a customer told us when taking out the policy doesn’t match the facts discovered when they make a claim.
Customer contracts and compliance
Ensuring policy wording is clear, accurate and correctly interpreted by HH Claims, identifying areas for product cover changes such as unoccupancy conditions or theft cover, and ensuring our UW governance and compliance procedures are followed.
Analysis and automation
This team is responsible for maximising the number of people we can offer insurance to. Through detailed performance analysis using various data sources, proposals are formed to contribute to profitable growth. The team also, working with other departments, is responsible for ensuring the requirements from proposals are built into the IT system and post-change analysis is completed.
All roles within the team require attention to detail and the ability to make decisions based on well thought through judgement and analysis. This is essential given the complex nature of home insurance and the wide variety of cover we offer.
You will work closely with colleagues and underwriting managers, learning on the job and contributing to the team from the outset. With a focus on digital, our aim is to make our products, documentation, and customer journey as easy, understandable and accessible as possible while ensuring they comply with regulations.
As a Household Underwriter you will
- Develop time management skills, prioritising your various tasks to meet deadlines.
- Challenge the status quo and not be limited by current methods.
- Ensure you always have our customers best interests in mind. Any proposal you produce will need to result in good outcomes for our customers and the business.
- Help drive change and improve processes, performance and customer experience through research, analysis and making recommendations within your area.
- Be aware of areas of the team other than your own and how your work could impact them.
- Approach problem-solving with creativity.
- You must be able to understand and operate within the rules set by our regulators and within our internal rules.
- Proposals and policy changes must go through the appropriate governance process. You will need to clearly communicate your proposals both in written reports and verbally to individuals and in formal meetings.
- Be able to demonstrate ability to make sound and reasoned judgments based on guidelines rather than a set procedure.
- Ability to problem solve in a balanced way, considering customer needs as well as those of the business.
- Ability to interpret data and technical documents.
Key requirements and qualifications we are looking for
- A degree. A numerical based degree is not essential but you will need to be able to demonstrate strong numerical skills for the role.
- Good knowledge of Excel, Word and Powerpoint. The ability to learn other software packages and MI reporting skills would be an advantage.
- Be prepared to complete the Chartered Insurance Institute Certificate qualification within 18 months.
Additional Information
- We operate a hybrid working model. The role requires a minimum of one day per week in the office (or more if you prefer). Some weeks will require 2 days office attendance.
- We will give you everything you need to work from home
Please note - we may close this vacancy early if we receive lots of applications or business priorities change.
Our Commitment to You
At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.
All qualified applicants will receive equal consideration for employment.
Salary, Benefits, and Work-Life Balance
We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.
At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.
All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.
You can also view some of our other key benefits here.
#LI-AM1
- Full time
- Household
__jobinformationwidget.freetext.LocationText__
Cross Site
Talent Specialist - Corporate Services
What areas do you look after?
I look after a variety of roles for Admiral Tech, mainly in Delivery, as well as IT roles for AFSL.
Tell us about you and your Admiral story?
I have worked in Admiral for over 20 years, I started in Customer Care and worked my way round various roles in the department. I joined Recruitment looking after the administrator and contractor positions and more recently moved to look after all of IT recruitment within Admiral Tech.
Why would you recommend Admiral?
We are innovative and exciting and we’re always looking for new ideas to keep up with an ever growing and changing market. This means lots of development and progression within the company. We have dedicated teams to help look after our staff such as the Ministry of Health and Payroll and Benefits teams who are always busy looking for additional ways to help everyone.
Related jobs
Salary
Location
Cardiff
Job Type
Full time
Location
Cardiff
Brand
Pioneer
Department
Admiral Pioneer
Office address
Capital Tower, Greyfriars Road, Cardiff, CF10 3AZ
Description
We're looking for a Pricing Manager – Commercial Motor Insurance to join our newly formed team at Admiral Pioneer! About Pioneer Disruptive. Customer Centered. Transformational. Admiral Pion
Reference
10160
Expiry Date
01 Jan 0001
Vacancy managed by
Eden DaviesVacancy managed by
Eden DaviesSalary
Location
Cardiff
Job Type
Full time
Location
Cardiff
Brand
Admiral Money
Department
Finance Services
Office address
Tŷ Admiral, David Street, Cardiff, CF10 2EH
Description
Engineering Manager Admiral Money are looking for an Engineering Manager to join their growing Specialist Mortgages team! About Admiral Money Admiral Money is an exciting, new division of Adm
Reference
10485
Expiry Date
01 Jan 0001
Vacancy managed by
Eden DaviesVacancy managed by
Eden DaviesSalary
Location
Cardiff
Job Type
Full time
Location
Cardiff
Brand
Admiral Group
Department
HR
Office address
Tŷ Admiral, David Street, Cardiff, CF10 2EH
Description
Are you passionate about attracting and retaining top digital talent? Have you got either Agency or In-House Recruitment experience? Are you creative with using different sourcing techniques to attrac
Reference
10506
Expiry Date
01 Jan 0001
Vacancy managed by
Abi TaylorVacancy managed by
Abi TaylorOur Benefits
Admiral employees work hard to keep us at the top of our industry, and are rewarded for it—with competitive pay, a share package, career growth and development opportunities and some other great benefits, too!
People who like what they do, do it better.
Be You
Financial & Mortgage
Advice
24-Hour
Ecare
Cycle to Work
Scheme
Annual Holiday
Allowance
Flexible
Working
Simply
Health
Private Health
Cover
Critical Illness
Cover
Grow & Progress
Learning and
Development
Educational
Sponsorship
Accredited
Qualifications ILM
iLearn
Online Learning
Buy a Book
Scheme
Developmental
Coaching
Port of
Calls
Internal
Mobility
Make a Difference
Groups and
Societies
Socials and Team
Days Out
Multi Faith / Quiet
Rooms
Admiral Community
Fund
Give as You
Earn
Awards and Star
Lunches
Corporate Social
Responsibility
Impact
Hours
Share In Our Future
Share
Schemes
Refer a Friend
Bonus
Colleague and Family
Insurance Discount
Group Life
Assurance
Pension
Scheme
Life Event
Loan
Tickets to Sponsored
Events
Tusker Salary
Sacrifice