Life Underwriter

About Utmost International Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

About Utmost Luxembourg S.A. Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset!

Your role

– Are you ready for a challenge? The Life Underwriter is responsible for the management of the full policy lifecycle, from analysis and appraisal of applications through to policy issuance and claims. You will be the primary point of contact for our distribution partners, medical centres, as well as our reinsurance provider.

The role requires a great relationship builder who is able to work in a professional setting with no micromanagement. The Life Underwriter is accountable for: Pre-screening insurance applicants; Communicating underwriting requirements to brokers and agents; Providing premium quotes/illustrations to brokers and agents; Coordinating client appointments at the appropriate medical centre; ensure proper test are arranged based on amount of coverage requested; Evaluating completed applications for thoroughness and accuracy through the review of life insurance files, client medical records, financial history, and information provided by agents and/or brokers; Coordinating underwriting decision with reinsurance partner; Generating offers or declines based on final underwriting decisions; Creating policy record in underwriting system; Issuing policy documentation; Managing policy lifecycle, including providing regular reporting to our reinsurance partner.

Your profile

– Have you got what it takes to become our Life Underwriter? University degree in business or a related field or equivalent combination of education and relevant experience; 10 years of professional experience, with at least 5 years in life insurance underwriting management roles of increasing responsibility; Previous senior level underwriting management experience or equivalent experience; Strong knowledge of medical and financial underwriting processes; Effective interpersonal and written communication skills; Ability to provide excellent customer service to both internal and external customers; Effective time management skills; Ability to prioritize and accomplish multiple tasks simultaneously; Capable of working independently as well as in a team environment; Ability to work in a self-directed fashion; Experience with PCs in a Windows environment; Native/Fluent in English, any additional European language will be an advantage.

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law. Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents).

This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired. Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data.

For full details please click here Recruitment Privacy Statement #utmost