Underwriting Developer, Savings & Retirement

🔒 Confidential Employer
Posted 8 May 2026
LOCATION
London
TYPE
Full-time
LEVEL
Mid-Senior level
CATEGORY
Insurance
This employer holds a UK Home Office sponsor license — sponsorship for this specific role is at the employer’s discretion

SKILLS

Underwriting philosophy development Research-based loading (RBL) papers Risk segmentation Data analysis and interpretation Automated underwriting systems Annuities underwriting Cross-functional communication Commercial judgement

FULL DESCRIPTION

Underwriting Developer, Savings & Retirement

[Employer hidden — sign up to reveal] is seeking an Underwriting Developer for Savings & Retirement on a 12-month fixed-term contract. This role supports the strategic entry into the UK & wider European retirement income markets, focusing on developing individual lives annuities underwriting philosophy and automated underwriting frameworks.

Duties

  • Ocean Development (70-80% of time): Lead the development of individual lives annuities underwriting philosophy, defining underwriting intent, risk segmentation, decision frameworks, and boundaries aligned to [Employer hidden — sign up to reveal]’s strategic objectives.
  • Develop, document, and maintain research-based loading (RBL) papers.
  • Lead and coordinate research-based Ocean content reviews.
  • Define and maintain a clear Ocean content roadmap for individual annuities underwriting.
  • Partner closely with existing life insurance underwriting and claims developers.
  • Review, challenge, and approve proposed annuities underwriting content.
  • Contribute as required to Ocean content deployments.
  • Support and Development (20-30% of time): Design and maintain governance frameworks, standards, and documentation.
  • Support risk assessment, due diligence, and underwriting input for annuities tenders and quotes.
  • Lead the development and delivery of internal training on annuities underwriting.
  • Contribute to internal and external thought leadership.
  • Strengthen collaboration across Underwriting & Claims Development, R&D, Medical Analytics, Strategic Analytics, and commercial teams.

Essential Experience & Skills

  • Ability to translate research and evidence into clear underwriting outcomes.
  • Experience analysing and interpreting data to support underwriting decisions.
  • Experience with underwriting decision frameworks or structured underwriting logic.
  • Working knowledge of annuities industry regulations.
  • Commercial judgement and ability to develop practical solutions.
  • Effective communication with stakeholders across teams.
  • Organised, detail-focused, and able to manage competing priorities.

Desirable Experience

  • Previous experience in insurance or reinsurance environment.
  • Strong data literacy.
  • Experience with automated underwriting and/or claims systems.

Working for [Employer hidden — sign up to reveal]

Every person in our global team is valued. We provide a healthy work-life balance with benefits including 25 days annual leave, comprehensive private insurance, 15% combined pension contributions, subsidized gym membership, and more. [Employer hidden — sign up to reveal] is committed to diversity and inclusion and provides reasonable adjustments during recruitment.

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