Underwriter

Recruiter
South Africa GSC
Location
Reading
Posted
15 Sep 2018
Closes
17 Sep 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Prudential Underwriter £170-190 per day To ensure that current underwriting practices and processes are compliant with existing and emergent regulation and legislation. Assess medical evidence for all Impaired Life Annuities and Corporate Life Schemes. Ensure we adhere to the company's underwriting philosophy and the reassurance treaty conditions. Ensure we offer terms at the correct costs and conditions to minimize the risk to the company's portfolio. Experience Experience in regulatory guidance and compliance environments within Financial Services. Experience of issuing communications at an appropriate level to both internal and external parties Experience of working with systems and controls monitoring. Experience of Quality Assurance auditing. Experience of underwriting risk assessment. Experience of process improvement and project support. Some experience of resolving conflicts within project and outsource environments. Some experience in risk management. Experience of coaching, training design and training deliveryKnowledge. Understanding of the Statements of Principle and Code of Practice Detailed knowledge of financial services regulatory and legislatory frameworks Working knowledge of all legislative and industry wide matters Detailed knowledge of the commercial and risk aspects associated with underwriting Working Knowledge of life and pensions products, markets and competitors offerings Working knowledge of Prudential products, systems and distribution methods Professional qualificationsRelevant professional qualification (ICS, FA1, FA2) > or working towardsStandard responsibilities associated with this role Take all reasonable steps to make sure your business area fulfills its external regulatory, legal and industry obligations. Use your judgement to strengthen our positive risk and control culture, by identifying, assessing and managing risk within your business area. Understand our Code of Conduct and how it applies to your work. Comply with all relevant policies,including mandatory training. Make sure that all personal expenditure, and contractual and legal agreements are authorised, controlled and monitored according to our delegated authority requirements.If you're responsible for any legal agreements with third parties then you must make sure these are managed according to the Managing Contractual Relationships Framework. You'll find your responsibilities as an expenditure authoriser set out in the financial procedures manual for your business (e.g. Prudential UK &Europe, PIA, PPMS).

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