Job Description

Job descriptionSome careers have more impact than others.If you\xe2\x80\x99re looking for a career where you can make a real impression, join HSBC and discover how valued you\xe2\x80\x99ll 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 a Vice President, Underwriting (High Net Worth).Principal Responsibilities

• Deliver competitive and risk appropriate market leading underwriting services consistently
• Analyse and interpret medical, non medical and financial information to consistently provide accurate and competitive risk selection in accordance with company\xe2\x80\x99s underwriting standards and Group\xe2\x80\x99s financial crime and regulatory compliance policy
• Management of referral process to ensure maximum capacity for jumbo cases including total line with reinsurer
• Adopt a partnering approach to support Distribution and the respective channels in ensuring production targets are delivered within stipulated service standard
• Drive and proactively identify opportunities to streamline internal processes, procedures and workflow to instil a culture of customer-centricity and operational efficiency
• Actively review underwriting rules, guidelines and philosophy on its continuing market competitiveness andeffectiveness
• Participate and offer underwriting expertise in new product development or company initiatives
• Support internal quality assurance governance, peer review
• Continuous development of junior underwriters

Requirements

• University Degree or equivalent underwriting or insurance designation
• Prior experience in HNW underwriting preferred with a minimum underwriting authority of USD10M or at least 10 years of solid experience in underwriting life and critical illness risks
• Expert knowledge and understanding of medical, non medical and financial principles and practices
• Excellent communication skills, problem solving and business acumen
• Proficiency in MS PowerPoint and Excel

To be considered for this role, the relevant rights to work in Singapore is required.You\xe2\x80\x99ll 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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