Job Title

Risk & Governance Underwriter

Location

Eastleigh, UK – Hybrid, Flexible

Employment Details

• Target Start Date: ASAP
• Contract Type: Permanent, Full Time, Part Time, Job Share available
• Salary: £35,000 – £40,000 (dependent on experience)
• Closing Date: Friday 7th November

About Ageas UK

Ageas UK is one of the largest car and home insurers in the UK, offering a range of benefits and a supportive work environment.

Role Overview

Ageas Insurance is seeking a Risk & Governance Underwriter to oversee robust fairness assessments across product lifecycle, ensuring regulatory compliance and valuable customer outcomes.

Main Responsibilities

• Drive robust oversight of Ageas products, covering design, operation, and distribution.
• Govern product distribution, ensuring distributors, co‑manufacturers, and internal teams meet regulatory requirements and risk appetite.
• Contribute to overall product reporting, aligning focus areas and providing a holistic view of products and distribution.
• Recommend appropriate actions to address concerns and improve customer outcomes, including internal and external initiatives.
• Support regular and ad‑hoc regulatory tasks, including MID compliance.
• Lead management of Risk Events and underwriting operational risks.

Qualifications & Skills

• Strong numeracy and analytical skills with ability to present data clearly.
• Excellent communication – ability to explain detailed information logically.
• Proactive, self‑motivated, and capable of working with minimal supervision.
• Understanding of insurance regulatory environment (e.g., Consumer Duty, PROD) affecting Ageas' compliance.
• Knowledge of insurance product design, sale, administration, and distributor relationships.

Benefits

• Flexible working – Smart Working arrangements across the UK.
• Minimum 35 days holiday (+bank holidays) with options to buy/sell days.
• Dental and health insurance; health cash plan; screening; will writing; mental health first aid; wellbeing activities.
• Annual bonus schemes; salary reviews; competitive pension; employee savings and loans.
• Well‑being and sports club events.
• Family support – maternity/paternity entitlements (16/8 weeks at full pay).
• Partner life Assurance and critical illness cover.
• Tech perks – discounted gadgets.
• Transport benefits – cycle scheme, car exchange, vehicle breakdown cover.
• Return‑to‑work programme after maternity leave.

Equal Opportunity

Ageas is a Disability Confident Leader and a signatory of the Race at Work Charter and Women in Finance Charter. We guarantee an interview for applicants with a disability who meet the role’s minimum criteria. All recruitment processes are fully inclusive and support adjustments as needed.

Important Notice – Recruitment Scam Alert

Ageas will never ask for money at any stage of the recruitment process. All legitimate opportunities are listed on our official careers pages. If you receive suspicious communication, contact recruitment@ageas.co.uk with subject FRAUD.