Vice President, Retail Underwriting

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. Here 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 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 looking for a driven Vice President, Retail Underwriting to join our HSBC Life team in Singapore.

In this role, you will:

Conduct medical, financial and compliance assessment in accordance with the company’s underwriting guidelines and risk framework, adhering to delegated authority limits and service level agreements

Build and maintain strong relationships with partners to collaboratively address underwriting related matters related to risk selection

Support the training and development of junior underwriters, including contributing to internal quality assurance audits to maintain consistent underwriting standards

Review and refine medical, financial and residency guidelines to ensure continued market competitiveness

Provides underwriting expertise and insights for broader company initiatives

Collaborate with stakeholders to gather, document, analyse business requirements, process improvements and workflows

Participate in User Acceptance Testing and validation of implemented solutions and ensuring the delivered solutions meet the specified requirements; Participate in new products and enhancement projects and initiatives

Provide training and support users in using new or enhanced applications or workflow; Create, update, review Standard Operating Procedures

To be successful you will need:

Minimum 15 years of underwriting experience in life, disability, critical illness, accident & health insurance

University Degree or equivalent professional insurance designation preferred (e.g. ALU)

Strong analytical, problem solving and critical thinking skills with understanding of medical, non-medical and financial principles and practices

Excellent communication, analytical and problem-solving skills with the ability to collaborate effectively

Familiarity with project management methodologies, user requirements gathering techniques, process modeling and documentation

Knowledge and hands-on experience on automated underwriting systems or rules engine

Opening up a world of opportunity

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.