Enhanced Annuity Underwriter

Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.  

We have an exciting opportunity for 2 people to join the team as a Enhanced Annuity Underwriter in either Cardiff or Hove on a 12-18 month Fixed term contract basis.

The role is responsible for providing an excellent Underwriting service that is trusted, valued and provides fair treatment and outcomes for customers. You will be underwriting new business Annuity's and life time care plans, where risk based decision making and delivering successful outcomes is key.

What you'll be doing

• Identify and gather all information required in order to assess applications within business guidelines for a range of enhanced annuity products.
• Provide underwriting services that balance a customer’s wants and needs for retirement income and the risks of financial loss associated with excessive annuity payments.
• Communicate proactively and reactively with customers or their authorised representatives through appropriate communication channels eg telephone and email.
• Working in a fast paced environment and working to tight deadlines is essential as is relationship and stakeholder management skills within LGRRI.
• Taking every opportunity to deliver an outstanding customer experience.
• Take ownership of own self-development so that technical skills, knowledge and ability to perform the underwriting role are developed.

• Underwriting experience in direct office and/or reinsurer environment is desirable.
• Strong analytical skills.
• Commercial awareness.
• Planning and organisational skills.
• A high degree of energy, drive and enthusiasm.
• Excellent written and verbal communication skills.
• Evidence of continuous professional development.
• Experience of contributing to cross-functional business teams.

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.