Chubb Life HK - Senior Manager, Underwriting

Job description

Job Overview

The Senior Manager – Underwriting is a pivotal leadership position within the Underwriting team, responsible for driving underwriting strategy, overseeing complex and high-value life insurance risk assessments, and ensuring consistent portfolio profitability. The role requires a seasoned professional with deep technical expertise in life insurance underwriting, strong commercial acumen, and proven ability to lead and develop high-performing teams.

The Senior Manager acts as a key decision-maker, escalation point, and strategic partner to senior leadership across Actuarial, Product, Sales, Claims, and Distribution functions.

Key Responsibilities

Lead, mentor, and develop the underwriting team to achieve individual and organizational performance goals. Oversee the underwriting of complex, large-sum, and high-value life insurance applications, ensuring sound risk selection. Develop, implement, and periodically review underwriting policies, guidelines, and best practices. Monitor portfolio performance, identify trends, and proactively manage risk exposure across the book of business.

Review and approve underwriting decisions above delegated authority thresholds, ensuring consistency and quality. Collaborate cross-functionally with Actuarial, Product Development, Sales, Claims, and Compliance teams. Ensure full compliance with regulatory requirements, internal governance standards, and reinsurance treaty obligations. Drive process improvements and lead the adoption of new underwriting tools, technologies, and data analytics.

Prepare management information reports and present portfolio insights and recommendations to senior leadership. Manage key external relationships with reinsurers, brokers, intermediaries, and distribution partners. Contribute to product development initiatives, and new business feasibility assessments. Handle escalated underwriting queries, complex risk assessments, and disputed decisions with sound judgment. Represent the underwriting function in business planning, strategy sessions, and regulatory discussions.

Qualifications

Qualifications

Bachelor's degree in business, medicine, or a related field Professional underwriting qualification preferred (e.g., FLMI, ALU, DipCII, or equivalent). Minimum of 10-15 years of underwriting experience in life insurance At least 3–5 years in a team leadership or senior managerial underwriting role. Strong knowledge of underwriting principles and practices Strong communication and interpersonal skills Experience with reinsurance arrangements and treaty management is a significant advantage.

Prior involvement in product development, pricing, or portfolio strategy is desirable.