Ageas Insurance has an exciting opportunity available for a Risk & Governance Underwriter. As a Risk & Governance Underwriter, you will be heavily involved in the creation and completion of robust and well evidenced fair value assessments at all stages of a product’s lifecycle, which will encompass new product approval, significant change approval, and in-life review. 

The Risk & Governance Underwriter will contribute to the robust oversight of Ageas’ products, and the value they offer to our customers. This oversight will cover how Ageas’ products are designed, how they operate and are utilised, and how they are distributed to customers. 

Main Responsibilities as Risk & Governance Underwriter: 

• You will also be involved in governing how Ageas’ 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). 

• Contributing to overall reporting, ensuring your areas of focus are added to, and compliment, a holistic view of products and distribution. 

• Concerns should be called out at all stages. 

• Involvement in recommending appropriate actions to address concerns and improve customer outcomes. 

• Actions may be internal, external, or a combination of the two, and can be investigative, corrective, or preventative in nature. 

• Supporting the completion of other regular and ad-hoc regulatory tasks, including, but not limited to, MID compliance. 

• Supporting and leading on the management of Risk Events and UW operational risks, as appropriate. 

Skills and experience you need as Risk & Governance Underwriter: 

• A good degree of numeracy, alongside analytical skills, and the ability to interpret and present data for a wide audience. 

• Ability to interpret detailed information and explain it in a clear and logical way. 

• Proactive, self-motivated, and able to work with minimal supervision, with a desire to learn. 

• 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. 

• An understanding of insurance products and their distribution, including how products designed, sold, and administered, and the relationship between a distributor and manufacturer. 

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.