Senior Manager, HNW Underwriting Specialist

2 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Prudential plc Full time
Job Title: Senior Manager, HNW Underwriting

At Prudential plc, we are committed to being partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture of diversity and inclusion for our people, customers, and partners. We provide a platform for our people to excel and make an impact, supporting their career ambitions.

Job Summary:

The Senior Manager, HNW Underwriting will deliver fair and consistent underwriting decisions based on PHKL's Underwriting philosophy, achieving strong mortality results while maintaining a client-focused approach.

Key Responsibilities:
  1. Perform timely, accurate, and comprehensive risk assessments on HNW products and business according to own underwriting authority.
  2. Lead the HNW case management to ensure a smooth end-to-end underwriting process.
  3. Negotiate with reinsurers for best offers to benefit customers during facultative underwriting.
  4. Manage, build, and nourish proactive, positive, and productive relationships with sales channels, including case managers, to foster client relationships and meet frontline expectations.
  5. Provide high-quality underwriting service with effective communications for different sales channels.
  6. Take on ad-hoc projects and liaise with different parties to streamline, enhance underwriting processes, and guidelines. Update underwriting procedure manuals as required.
  7. Participate in HNW product development, data analysis, preparation of reports, and other underwriting support functions.
  8. Sustain a Culture of Compliance supporting thorough and robust Client Due Diligence processes, including clear case documentation and record keeping.
  9. Monitor and control operation performance to ensure Company rules and regulations are complied with. Regular audit exercises are expected.
  10. Contribute to the team to become a Centre of Competence in all areas of risk selection, providing training and guidance to new team members.
Requirements:
  1. Solid track record in underwriting with a minimum of 10 years relevant experience in life insurance underwriting, including 3 years in a supervisory role.
  2. Minimum 5 years underwriting experience exclusively in HNW products, with HNW authority at USD million level preferred.
  3. Professional qualification in Life Insurance, including FLMI (Fellow, Life Management Institute).
  4. Experience in product development, business administration, and client relationship management.
  5. Excellent communication and negotiation skills.
  6. University degree in any discipline.
  7. Good command of English, Cantonese, and Putonghua.
  8. PC literate in Word, Excel, PowerPoint.

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