Underwriter - Annuities & Investment Bonds
M&GEdinburgh, Scotland, United Kingdom
Added 16 Jul · still live
Not disclosed
Salary
Not disclosed by employer
£41,700
Going rate
Skilled Worker going rate
This role may qualify for a Skilled Worker visa
SOC 3532 is an eligible occupation, but we classified this role with low confidence (58% match). If the code is right — and M&G is a licensed sponsor — it should qualify, but double-check the occupation eligibility rules against the actual role.
About the role
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.
The Role
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.
The Role
We’re building something bigger, and better, that makes delivering change across our organisation easier, smarter and genuinely enjoyable for colleagues. M&G Life supports over 5 million customers with more than £300bn invested across our products, working with partners including Equiniti, Diligenta, Waystone, Paragon, Willis Towers Watson and M&G Global Services.
We’re looking for a Senior Underwriter to help M&G Life deliver its strategic priorities, for Annuity and Investment Bond products.
This is a unique opportunity to join a newly established underwriting function supporting the launch and growth of an exciting new annuity proposition. As an early member of the team, you will have the chance to shape underwriting practices, influence processes and contribute directly to the success of the proposition.
Alongside delivering high-quality underwriting decisions, you will be expected to contribute across a range of activities including process design, testing, training, operational readiness, governance, customer journey development and continuous improvement initiatives.
We are looking for someone who thrives in a dynamic environment, enjoys solving problems and is excited by the opportunity to build new capabilities rather than simply operate within established processes.
Key Responsibilities for this Role
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.
The Role
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.
The Role
We’re building something bigger, and better, that makes delivering change across our organisation easier, smarter and genuinely enjoyable for colleagues. M&G Life supports over 5 million customers with more than £300bn invested across our products, working with partners including Equiniti, Diligenta, Waystone, Paragon, Willis Towers Watson and M&G Global Services.
We’re looking for a Senior Underwriter to help M&G Life deliver its strategic priorities, for Annuity and Investment Bond products.
This is a unique opportunity to join a newly established underwriting function supporting the launch and growth of an exciting new annuity proposition. As an early member of the team, you will have the chance to shape underwriting practices, influence processes and contribute directly to the success of the proposition.
Alongside delivering high-quality underwriting decisions, you will be expected to contribute across a range of activities including process design, testing, training, operational readiness, governance, customer journey development and continuous improvement initiatives.
We are looking for someone who thrives in a dynamic environment, enjoys solving problems and is excited by the opportunity to build new capabilities rather than simply operate within established processes.
Key Responsibilities for this Role
- Underwrite a range of financial products, including annuities and investment bonds, ensuring all decisions align with company policies, risk appetite and regulatory requirements
Our ideal candidate has strong underwriting experience across life, pensions or investment products. You are proactive and adaptable, bringing a continuous improvement mindset and a willingness to take ownership of tasks and outcomes. You apply critical thinking to interpret data from multiple sources, using digital underwriting tools and automation to turn complex information into clear insights that support effective commercial decision making.
- Experience in assessing and underwriting more complex enhanced annuity applications in line with underwriting guidelines and risk appetite.
- Experience working with reinsurers, including management of referral cases, facultative underwriting and underwriting authorities.
- Demonstrable technical underwriting skills with ability to act as a referral point and subject matter expert for more junior underwriters/underwriting support
Most of all, you care about making things better - for colleagues, for customers, and for the workplace as a whole.
If this sounds like you, we want you to apply!
What we offer:
At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:
- As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.
If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com
This description is the source posting as it read when we added it. We are not affiliated with M&G, so check their own site for the current details.
Where this offer sits in the market
SOC 3532 · UK · ONS ASHE 2025 · ~22k in sampleP25 £33k~P75 £51k
£27kmedian £42kgoing rate £42k£51k
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Does this job guarantee visa sponsorship?
Not necessarily. M&G holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 3532 going rate of £41,700. New-entrant and shortage discounts can lower it.