Senior High Networth Underwriting Manager, HSBC

HSBC

Location:
Hong Kong, Central

Category:
Insurance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

HSBC Life is seeking a Senior High Networth Underwriting Manager to join their team in Central, Hong Kong to focus on high-value insurance markets. The role involves underwriting policies with authority limits, monitoring guidelines, process improvement, and liaising with reinsurers. Candidates must possess strong self-motivation, qualifications in LOMA/ALU/CII, and extensive authority in complex medical risk assessment and high net worth cases.

Job Responsibility:

Implement HSBC underwriting Policy and Principle and ensure that business is accepted on a sound and lasting profitable basis
Accept or authorize the acceptance of new business cases or increases to existing policies within prescribed limits of personal authority
on a sound and profitable portfolio basis
Proactively monitor underwriting rules
guidelines and philosophy as to its continuing market competitiveness
its effectiveness and in relation to emerging or changing medical and insurance risk principles and practice
Identify opportunities to improve internal processes and procedures within and external to this role in order to enhance the overall customer quality delivery
Ensure all activities are delivered in accordance with procedures and service standards and the business operates in accordance with Group and regulatory compliance and subject to robust internal controls
Create and contribute to a customer friendly environment in accordance with our mission and vision
sensitive to and concerned with the needs and issues of the customers
Develop and maintain sound and effective communications and relationships with internal and external customers
Deal with challenges and problems promptly
effectively and professionally
Participate in product development and lead underwriting projects/implementation

Requirements:

Possess a degree qualification and having professional qualification
LOMA
ALU
ALUCA or CII will be desirable
Working experience in insurance and underwriting experience in the High Net Worth market is a must
Hold a substantial financial sum insured authority of at least USD10m
ideally USD15m
Solid experience in underwriting and managing Broker complex or jumbo cases including liaison with Reinsurers
Hold a substantive complex medical health impairment authority to the order of +200% extra mortality or morbidity to Decline
Hold full authority and experience over cross border international geographical
occupational and avocational risk assessment disciplines
Possesses strong interpersonal
customer service and communication skills
Be a self motivated
proactive self starter with the ability and attributes to act and perform with minimal direction or instruction
Work beyond the boundaries of usual time and effort in meeting these expectations
creatively and innovatively in often addressing uniquely individual challenges in the High Net Worth Life Insurance market

Nice to have:

LOMA
ALU
ALUCA
CII

What we offer:

Continuous professional development
flexible working
opportunities to grow within an inclusive and diverse environment

Additional Information:

Job Posted:
May 13, 2025

Expiration:
June 12, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior High Networth Underwriting Manager