183 Underwriting jobs in Hong Kong

Overview

Join to apply for the Manager, Underwriting role at Cigna Healthcare .

• To perform appropriate and accurate underwriting assessments for New Business, Policy Changes, and Claims cases, in accordance with service level agreements, underwriting guidelines, and authority limits.
• To apply Cigna’s underwriting philosophy in assessing the risk of individual applications.
• To maintain and stay updated with product knowledge, market standards and technical underwriting expertise through industry engagement, professional development, and collaboration with reinsurers.
• To ensure compliance with current regulatory guidelines and internal policies.
• To foster effective and proactive communication with key stakeholders, including sales teams and customers, to ensure smooth business operations.
• To drive improvements in underwriting efficiency and adopt modern underwriting approaches and technologies.
• To provide coaching and mentorship to junior underwriters to enhance underwriting skills and medical knowledge within the team.
• To respond to partner and customer inquiries promptly, accurately, and professionally to ensure a high level of satisfaction.
• To act as a subject matter expert in ad hoc assignments relating to medical underwriting.

• Minimum of 10–15 years of experience in the underwriting field, with extensive exposure in Medical and Critical Illness products, and strong technical underwriting knowledge and sound medical underwriting skills.
• Proven underwriting authority and track record of handling complex cases independently.
• Strong market knowledge and analytical skills to support sound underwriting and claims decisions.
• Demonstrated ability to improve underwriting processes and embrace innovation.
• Excellent communication and stakeholder management skills.

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

We are looking for an Underwriting Assistant and he/she will assist one of business line in Property & Casualty in providing advanced administrative and technical support.

Responsibilities:

• Assist the underwriting teams in performing daily pre-bind and post-bind underwriting tasks in accordance with regulatory requirements
• Communicate with onshore and offshore policy administration staff for processing new business, renewal and endorsements, and provide guidance on any complex process handling to achieve service standards
• Handle clients' requests and inquiries on insurance related matters
• Liaise with brokers and internal departments for credit control, claims and risk information
• Identify process improvement plan, provide comments and feedback to any blockages
• Regular update on SOP / user manual for policy administration process in comply with legal and compliance requirements
• Take part in user acceptance test of the business and operation initiatives as assigned

Requirements:

• Bachelor Degree in Insurance, Business, or related discipline
• With work experience in general insurance is an advantage, fresh graduates are also welcome
• Conscientious, with strong attention to detail and sense of accuracy
• Excellent command in both spoken and written English and Cantonese are highly preferred
• Proactive, independent, self-motivated with strong interpersonal skills
• PC literate in MS Word, Excel and Access

Job description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Insurance is about people, and the promises they make. At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region.

Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our team of high-performing individuals to build skills and explore new experiences to realize the full potential of being part of HSBC.

Together we pursue efficient ways of working. We harness the latest data and technology solutions to achieve meaningful outcomes for our clients. The protection we offer creates broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an Underwriting Manager.

Principal Responsibilities

• Implement HSBC underwriting Policy and Principle within the Chief Underwriting Office of HSBC 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

Requirements

• Possess a degree qualification and having professional qualification; LOMA, ALU, ALUCA or CII will be desirable
• Extensive experience in insurance field and underwriting experience, solid experience in High Net Worth market
• Hold a substantial financial sum insured authority
• Ideally experienced in managing Broker and Commercial bank 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

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

This position is a technical underwriting role primarily responsible for managing underwriting risk through accurate and modern underwriting assessment of insurance applications and claims re-underwriting.  The role also involves in coaching and mentoring the underwriting team to enhance their medical underwriting knowledge and risk evaluation capabilities.

The ideal candidate will be an experienced medical underwriter with solid industry knowledge, strong technical expertise, with proven underwriting authority across various medical underwriting functions.

Job Responsibilities:

• To perform appropriate and accurate underwriting assessments for New Business, Policy Changes, and Claims cases, in accordance with service level agreements, underwriting guidelines, and authority limits.
• To apply Cigna's underwriting philosophy in assessing the risk of individual applications.
• To maintain and stay update with product knowledges, market standards and technical underwriting expertise through industry engagement, professional development, and collaboration with reinsurers.
• To ensure compliance with current regulatory guidelines and internal policies.
• To foster effective and proactive communication with key stakeholders, including sales teams and customers, to ensure smooth business operations.
• To drive improvements in underwriting efficiency and adopt modern underwriting approaches and technologies.
• To provide coaching and mentorship to junior underwriters to enhance underwriting skills and medical knowledge within the team.
• To respond to partner and customer inquiries promptly, accurately, and professionally to ensure high level of satisfaction.
• To act as a subject matter expert in any ad hoc assignments relating to medical underwriting.

Job Requirements:

• Minimum of 10–15 years of experience in the underwriting field, with extensive exposure in Medical and Critical Illness products, and a strong technical underwriting knowledge and sound medical underwriting skills.
• Proven underwriting authority and track record of handling complex cases independently.
• Strong market knowledge and analytical skills to support sound underwriting and claims decisions.
• Demonstrated ability to improve underwriting processes and embrace innovation.
• Excellent communication and stakeholder management skills.

About The Cigna Group
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Job Responsibilities:

The incumbent will be responsible for performing underwriting assessment on new business application and review suggest cases from underwriters, including large amount and complex cases, assisting to monitor and manage underwriting performance standard, reviewing and recommending the current workflow and systems to ensure consistency of underwriting decisions is comply with the Company's operation guidelines.

Job Requirements:

• Bachelor's degree with professional insurance qualification (e.g. FLMI or ICA).
• 8 years of underwriting experience in life insurance company, with project handling experience
• Strong analytical skills and risk assessment expertise
• Excellent leadership and team development capabilities
• Open-minded, flexible and always strive for improvement
• Strong customer service mindset
• Proficient in spoken & written English & Chinese (Cantonese & Mandarin)

We offer 5-day work week, attractive remuneration package and excellent training & development opportunities. Interested parties please submit application through our company website:

(Data collected will be used for recruitment purpose only.)

Kindly share CV at

Title- Underwriting Manager

Location- Hong Kong

Duration- Full Time

QUALIFICATIONS / EXPERIENCE

Bachelor or master's degree in business or related

Minimum 6 years' experience in Financial Services / Insurance industry working in multi-national environments.

Minimum 3 years' experience in underwriting risk management in insurance or reinsurance operations. Minimum 1 years' working experience in underwriting automation and rules design.

Experienced in communicating business requirements with logical and clear acceptance criteria, which are easily understood by users, developers, testers and stakeholders.

Experience in applying data and analytics to track performance, identify problems, source solutions and influence business outcomes where and when needed.

Experienced in underwriting business processes and automation.

Good communication, stakeholder management and relationship building skills.

About the Role

We are expanding Britannia has a great opportunity for an Underwriting Assistant to provide operational and technical support to Britannia's Underwriting Team. This client-facing role will enable you to put your excellent communication skills to use, as you interact with colleagues across the Company, as well as with brokers and members. We are looking for a highly motivated and reliable individual with great work ethic and has sound understanding of financial concepts.

Key Responsibilities

The incumbent will support our Underwriter(s) in underwriting matters including:

• Preparation, processing and issuance of P&I insurance quotes, endorsements, certificates and policy documentation.
• Maintain accurate records in the underwriting IT systems and databases.
• Lead, determine and resolve problems by referring to policies, procedures and standards.
• Assess mail, correspondence, records and reports to choose processing matters.
• Compile data, reports and maintain files and logs.
• Coordinate with Underwriting areas to research and resolve to escalated Underwriting issues.
• Screen renewals and refer problem accounts to Underwriters.
• Communicate with customers to get information to complete screening and transactions.
• Extend technical underwriting support for team members.
• Handle customer and underwriter enquiries and offer status updates.
• Support renewal negotiations with existing Members and where appropriate;
• Facilitate the production of trading certificates (Blue Cards, ITOPF, SIGCo documents etc) on request, in a timely manner;
• Facilitate the production of Certificates of Entry, endorsements and underwriting debit and credit notes in a timely manner, as appropriate;
• Liaise with staff and clients of all levels of seniority, including regular interaction with underwriters and brokers.
• Ad hoc duties as required.

About You

Knowledge/Experience

• Minimum 1 year marine insurance experience in underwriting support capacity gained from within an international P&I Club, legal firm, ship owners or ships agents.
• Also open to candidates with brokering or insurance experience within the maritime industry.
• Degree holder or equivalent (preferably in a maritime-related subject).

Skills

• Proficient in English, Mandarin and Cantonese to liaise with members.
• Computer literate and familiar with all MS Office packages (Outlook, Word, Excel, PowerPoint etc).
• Intermediate level for Microsoft Excel (proficient in Vlookup and pivot tables)
• Knowledge of insurance software is desirable e.g., Electronic Document Management System or BPMS System equivalent.

Competencies

• Organised and methodical – ability to organise and produce work of a high standard under time pressure.
• Communication – ability to quickly assimilate information, establish key issues and to express them effectively and succinctly in writing and verbally.
• Reliable – can be relied upon to produce work of a high standard within agreed deadlines.
• Customer focused – proactive and recognises the needs of external / internal customers and consistently delivers and meets promises made.

About Us

Tindall Riley manages three insurance businesses.
The Britannia Group
(
Britannia P&I
), a mutual club that provides protection and indemnity ('P&I') insurance and freight, demurrage and defence ('FD&D') cover to shipowners and charterers around the world.
The Griffin Insurance Association Limited (Griffin),
an insurance.

mutual that provides professional indemnity insurance to broking firms and MGAs around the world.
The Wren Insurance Association Limited (Wren),
an insurance mutual that provides professional indemnity insurance to architectural practices operating in the UK and overseas. Today, we employ over 300 people globally across 9 offices and have a shared commitment to providing exceptional insurance services for our Members worldwide.

We can offer you a competitive salary and a varied benefits package. We are proud of our friendly workplace culture, where we offer ample opportunities to socialise and prioritise wellbeing.

We are committed to the equal treatment of all current and prospective employees. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join Tindall Riley.

To find out more visit our websites:

,
,

griffin-
,

Job Summary

• To work independently, underwrite and analyze new and renewal business utilizing Zurich Underwriting framework and within delegated authority levels
• Demonstrate specialized knowledge and expertise in products and industry
• Develop and maintain relationships with distributors in support of business retention and acquisition
• Work with customers and distributors to determine their insurance related needs and provide solutions
• Contribute to the development of Commercial Insurance propositions and business goal

Job Accountabilities

• Apply Zurich Underwriting elements for new business & renewals, complete the assignments of high complexity and work within delegated authority
• Responsible for measuring exposure & analyzing risk
• Determine the technical price according to certified/agreed pricing process
• Accountable for quoting & setting coverage, negotiating terms & conditions
• Managing account and build relationships in support of customer/business acquisition and retention (e.g., by handling a range of queries, providing advice to assist with the development of an account)
• Proactively contribute ideas and work for the development of new or enhanced propositions based on technical, customer and distributor insights
• Implement the agreed technical standards, controls, practices and procedures, thereby maintaining underwriting discipline
• Lead and contribute to short term, defined scope projects
• Provide guidance to lower level associates and proactively support development of self and others

Job Qualifications

• Bachelor degree or equivalent
• Over 7 years of relevant Casualty underwriting and/or Claims experience
• Proven current knowledge of product and industry, as demonstrated in involvement in trade and industry
• Typically hold or is working towards relevant professional designation
• Demonstrate technical knowledge and skills reflective of a seasoned practitioner who has progressed within underwriting positions of increasing responsibility
• Practical market-facing underwriting experience
• Experience in servicing multinational/ complex accounts with large/ key brokers
• Added preference for skills in structuring multinational insurance business in a compliant manner
• Ability to develop relationships with key business partners
• Pipeline management and new business development
• Ability to build trust-based business relationships with customers and producers
• Fluency in English and Cantonese; Mandarin speaking added advantage
• Negotiation, influencing and selling skills
• Open mind to try new ways and alternative approaches of doing things
• Self-starter, proactive, results and execution oriented
• Proactive team player who contributes across business lines to support team success and able to confidently engage with senior leaders on referrals
• Proven ability to develop and execute on strategic & financial plans and growth initiatives
• Articulate, confident, assertive
• Customer centric, outgoing, develop relationship
• Business savvy, smart trader and deal maker with a bigger portfolio picture in mind
• Candidate with less experience can be considered as Assistant Underwriting Manager

This position is a technical underwriting role primarily responsible for managing underwriting risk through accurate and modern underwriting assessment of insurance applications and claims re-underwriting. The role also involves in coaching and mentoring the underwriting team to enhance their medical underwriting knowledge and risk evaluation capabilities.

The ideal candidate will be an experienced medical underwriter with solid industry knowledge, strong technical expertise, with proven underwriting authority across various medical underwriting functions.

Job Responsibilities:

• To perform appropriate and accurate underwriting assessments for New Business, Policy Changes, and Claims cases, in accordance with service level agreements, underwriting guidelines, and authority limits.
• To apply Cigna's underwriting philosophy in assessing the risk of individual applications.
• To maintain and stay update with product knowledges, market standards and technical underwriting expertise through industry engagement, professional development, and collaboration with reinsurers.
• To ensure compliance with current regulatory guidelines and internal policies.
• To foster effective and proactive communication with key stakeholders, including sales teams and customers, to ensure smooth business operations.
• To drive improvements in underwriting efficiency and adopt modern underwriting approaches and technologies.
• To provide coaching and mentorship to junior underwriters to enhance underwriting skills and medical knowledge within the team.
• To respond to partner and customer inquiries promptly, accurately, and professionally to ensure high level of satisfaction.
• To act as a subject matter expert in any ad hoc assignments relating to medical underwriting.

Job Requirements:

• Minimum of 10–15 years of experience in the underwriting field, with extensive exposure in Medical and Critical Illness products, and a strong technical underwriting knowledge and sound medical underwriting skills.
• Proven underwriting authority and track record of handling complex cases independently.
• Strong market knowledge and analytical skills to support sound underwriting and claims decisions.
• Demonstrated ability to improve underwriting processes and embrace innovation.
• Excellent communication and stakeholder management skills.

About The Cigna Group

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.