What Jobs are available for Underwriting Manager in Hong Kong?

Angle Recruitment
is partnering with a marine insurance provider to hire an Underwriting Manager to join their team in Hong Kong. The role focuses on managing a small team, overseeing underwriting operations, and maintaining strong relationships with clients and insurers.

Key Responsibilities

• Lead and support the underwriting team, providing guidance on complex cases.
• Manage new enquiries, renewals, and policy changes efficiently.
• Ensure accuracy, compliance, and timely policy issuance.
• Build and maintain strong relationships with clients and insurance partners.
• Liaise with insurers to align on strategy and expectations.
• Keep up to date with market trends to inform decisions.

Requirements

• Proven experience in Marine Underwriting.
• Ability to communicate effectively with Chinese insurers and clients
• Strong analytical, problem-solving, and commercial skills.
• Excellent communication and relationship management abilities.
• Experience leading and motivating a team.

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

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.

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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.

Key responsibilitis:

• Perform advanced risk assessment on complex financial and medical cases within established authorized limits.
• Ensure the assigned new business tasks comply with Company's NB & UW rules, regulatory guidelines and our Global Policies
• Handle pre-underwriting cases, appeal cases and PA underwriting cases
• Proactively review and enhance the NB & UW rules, guidelines and procedural workflow to maintain sound productivity, efficiency and maintain market competitiveness

Key requirements:

• Degree / diploma holder
• Minimum 7 years of experience in Life Underwriting
• Sound knowledge of Life, Health and Universal Life products are required
• Good command of both written and spoken in English and Chinese

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

Job Responsibilities:

• Conduct underwriting assessments for both medical and non-medical cases within delegated authority limits.
• Oversee the processing of new business and underwriting activities, ensuring service level agreements (SLAs) are met with high quality standards.
• Develop and implement underwriting and operational frameworks, including policies and procedural guidelines to ensure consistency and compliance.
• Collaborate with distribution channel team leads to identify and drive process improvements.
• Review and validate customer due diligence, anti-money laundering (AML), and counter-terrorism financing (CTF) responsibilities in alignment with regulatory requirements.
• Foster strong working relationships with various distribution channels, including agency, bancassurance, and brokerage partners.
• Participate in user acceptance testing (UAT) and support ad-hoc projects as required.

Job Requirements:

• University graduate or above; professional insurance qualifications such as FLMI are preferred.
• Minimum of 5 years of solid experience in life and medical insurance underwriting.
• Strong analytical and problem-solving capabilities, with a proactive and collaborative mindset.
• Excellent interpersonal and communication skills, with the ability to engage effectively across all levels.
• Demonstrated ability to perform under pressure and manage multiple priorities in a dynamic environment.
• Proficient in both written and spoken English and Chinese.
• Skilled in Microsoft Office applications, including Word, Excel, and PowerPoint.

Assistant Underwriting Manager (General Insurance)

Responsibilities:

• Create & review underwriting plan and manage risk exposure through delegated authority and reinsurance.
• Review, analyze and underwrite Motor, P&C and A&H Insurance products for profit and growth.
• Provide technical support on treaty renewal system updates and daily operation.
• Underwriting general business, inward facultative and treaty inward reinsurance business.
• Reinsurance treaty renewal data preparing, slip wording review, terms comparing and replacement report.
• Product development and enhancement, management and marketing , customer research and product analysis.
• Conduct regular credit control.
• Keep track of premium production against budget and review exception reports to ensure compliance.
• Propose business and underwriting strategy at a view to achieve business target.
• Establish and maintain strong network with clients and Business Producers .
• Support Department Head to deliver high standard of customer service and maximize internal operation efficiency of the department.
• Identify training requirements and co-ordinate development plans for team members.
• Support and participate in ad-hoc projects as assigned.

Requirements:

• University Degree holder or equivalent (Mainland graduates are welcomed).
• Professional insurance qualification such as ACII or ANZIIF-Senior Associate.
• 10 years or above experience in underwriting, reinsurance and client servicing.
• Mature, independent, self-motivated with strong interpersonal, communication and management skills
• Proactive, assertive and result driven.
• Well knowledge in MS Word, Excel and PowerPoint.
• Proficient in written and spoken English and Cantonese. Proficiency in Mandarin is an advantage.
• Immediately available is highly preferred.

Job Responsibilities:
The incumbent is expected to assist the Department Head to uphold underwriting performance standard by:

• Leading a team to perform underwriting assessment on new business application and review suggest cases from underwriters, including large amount and complex cases
• Reviewing and recommending the current workflow and systems to ensure consistency of underwriting decisions complying with the Company's operation guidelines
• Maintaining relationships with and delivering quality customer services to internal and external stakeholders
• Participating in the product development cycle by giving comments and advices from underwriting perspective
• Assisting to develop and coach underwriters

Job Requirements:

• Degree holder with professional insurance qualification (e.g. FLMI or ICA).
• 10 years or above underwriting working experience in life insurance company, with project handling experience
• Strong analytical and problem solving skills
• Excellent leadership, interpersonal and communication skills
• Open-minded, flexible and always strive for improvement
• Strong customer service mindset
• Familiar with MS Word, Excel & PowerPoint
• Excellent written and verbal communication skills in both English and Chinese (Cantonese and Mandarin)

We offer 5-day work week, attractive remuneration package and excellent training & development opportunities. Interested parties please apply with full resume including expected salary to:

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