AVP, HNW Underwriting - HSBC Life

Singapore, Singapore
24 May 2023
27 May 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job description

Some careers open more doors than others.

If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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 in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialise 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 in Singapore 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 combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC. Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create 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 AVP, HNW Underwriting.

Principal Responsibilities
  • Perform the assessment on complex medical and financial risks of applicants for HNW business
  • Ensure that underwriting decisions are in accordance with Group and regulatory compliance and subject to robust internal controls; guidelines, while managing the associated mortality risks
  • Proactively monitor underwriting rules, guidelines and philosophy on its continuing market competitiveness, its effectiveness and in relation to emerging or changing medical and insurance risk principles and practice and put forward as appropriate recommendations and alternative best practice strategies
  • Work collaboratively with Distribution channels, including banks and international brokers to ensure production targets are delivered within stipulated SLA
  • Work closely with treaty reinsurers on facultative cases exceeding the auto bind limit
  • Participate and proactively identify opportunities to streamline internal processes, procedures, and workflow in order to enhance the overall customer journey for operational efficiency
  • Participate and support department/company initiatives to improve operational efficiency
  • Collate, analyse, and prepare new business underwriting production data for management reporting
  • Ensure underwriting guidelines are updated in accordance with Company's procedures and relevant regulations are adhered to
  • A recognized University Degree in Insurance, Business, or equivalent professional qualifications
  • Minimum 5 years of life underwriting experience
  • Possesses strong interpersonal, customer service and communication skills
  • A team player, self-motivated, pro-active
  • Proficient in Microsoft Word, PowerPoint and Excel
To be considered for this role, the relevant rights to work in Singapore is required.

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.
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