64 Underwriting Manager jobs in Hong Kong

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.

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.

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.)

Responsibilities

1. Underwrite new business or renewals according to defined underwriting guidelines.
2. Manage portfolio of accounts balancing profitability and persistency.
3. Understand the competition, the environment and the clients' needs.
4. Develop and maintain meaningful business relationships with brokers and clients.
5. Support the management of the underwriting functions including the recruitment, training and development of staff.
6. To oversee the operation of the subordinates in the department to be in line with the agreed process.
7. Undertake projects concerning RBC, OSRA, IFRS17 or other duties as assigned by superior.

Requirements

1. Degree holder (preferred with actuarial science or statistics) and/or recognized qualification on non-life insurance.
2. Minimum 5 to 7 years' experience in the reinsurance industry.
3. Ability to work under pressure, meet tight deadlines and retain positive and proactive working attitude.
4. Strong interpersonal and communication skills.
5. Strong critical thinking and analytical skills.
6. Good command of written and spoken English and Mandarin.

We offer competitive salary, excellent fringe benefits including transportation allowance, group life insurance and comprehensive staff medical insurance, and opportunities for training to become a reinsurance professional.

Interested candidates are invited to send their application/enquiries by clicking 'Apply Now'.

Remarks: Personal data collected will be used for recruitment purpose only. Applicants who do not hear from us within two weeks may consider their application unsuccessful and their data will be destroyed within six months of receipt.

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 5 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

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

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.)

Join to apply for the Underwriting Manager role at BOC Group Life Assurance Company Limited .

• The incumbent will be responsible for performing underwriting assessment on new business applications and review suggested cases from underwriters, including large amounts and complex cases.
• Assist to monitor and manage underwriting performance standards.
• Review and recommend the current workflow and systems to ensure consistency of underwriting decisions in compliance with the Company’s operation guidelines.

• Bachelor's degree with professional insurance qualification (e.g. FLMI or ICA).
• 8 years of underwriting experience in a 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.)

• Mid-Senior level

• Full-time

• Finance and Sales

• Insurance

Our client is a growing insurance company in Hong Kong, dedicated to offering innovative protection solutions and outstanding service to its customers. With a vibrant and goal-oriented culture, the company presents an excellent opportunity for experienced professionals to thrive in a collaborative and forward-thinking environment.

Responsibilities:

• Develop and oversee underwriting strategies to manage risk exposure effectively, leveraging delegated authority and reinsurance arrangements
• Evaluate and underwrite Property & Casualty (P&C) and Accident & Health (A&H) insurance portfolios to ensure profitability and sustainable growth
• Handle underwriting tasks for general insurance lines, including inward facultative and treaty reinsurance business
• Prepare data and documentation for treaty renewals, including slip wording reviews, term comparisons, and replacement analysis
• Monitor credit control processes to maintain financial discipline and minimize exposure
• Track premium performance against budget targets and analyze exception reports to ensure operational compliance
• Build and maintain strong relationships with brokers and distribution partners
• Communicate regularly with brokers to negotiate terms, clarify underwriting requirements, and ensure smooth placement of risks
• Assist the Department Head in enhancing customer experience and optimizing departmental workflows

Requirements:

• Bachelor's degree or above
• Professional insurance qualifications such as ACII or ANZIIF (Senior Associate)
• At least 8 years of experience in underwriting, reinsurance, and client relationship management
• Strong leadership qualities, with excellent communication and interpersonal skills
• Self-driven, confident, and results-oriented, with a proactive mindset
• Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint
• Fluent in Cantonese and English; proficiency in Mandarin is a plus
• Immediate availability is highly preferred

Interested parties please click "APPLY NOW" and submit your full resume with CURRENT & EXPECTED SALARY. Applicants who do not hear from us within six weeks from the date of the close of applications should consider their applications unsuccessful.

Personal data collected will be used for recruitment purpose only. All applications will be treated in strict confidence.

Job Types: Full-time, Permanent

Pay: $40, $60,000.00 per month

Application Question(s):

• What is your notice period?
• What is your current/last salary?
• What is your expected salary?

Education:

• Bachelor's Degree (Preferred)

Experience:

• Underwriting: 8 years (Preferred)

Language:

• Cantonese (Preferred)
• English (Preferred)
• Mandarin (Preferred)

License/Certification:

• qualification such as ACII or ANZIIF (Senior Associate)? (Preferred)

Work authorization:

• Hong Kong (Required)

Work Location: In person