Chubb Life HK - Senior Manager, Underwriting

Chubb Life; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Chubb Life in Hong Kong seeks a Senior Manager – Underwriting to lead and develop the underwriting team, oversee complex life insurance risk assessments, and partner with senior leaders across functions. You will drive underwriting strategy, ensure profitability, and manage high-value portfolios with a focus on governance and compliance.

The role requires deep technical underwriting expertise, strong commercial acumen, and a proven track record in leading high-performing teams within life

Qualifications

• Bachelor's degree in business, medicine, or related field.
• Underwriting qualification preferred (e.g., FLMI, ALU, DipCII).
• 10–15 years of underwriting experience in life insurance.
• 3–5 years in a team leadership or senior managerial underwriting role.
• Strong knowledge of underwriting principles and practices.
• Experience with reinsurance arrangements and treaty management is advantageous.
• Involvement in product development, pricing, or portfolio strategy is desirable.

Responsibilities

• Lead, mentor, and develop the underwriting team to achieve goals.
• Oversee underwriting of complex, large-sum life insurance applications.
• Develop, implement, and review underwriting policies and guidelines.
• Monitor portfolio performance and manage risk exposure.
• Review and approve underwriting decisions above delegated thresholds.
• Collaborate with Actuarial, Product Development, Sales, Claims, and Compliance.
• Ensure regulatory compliance and governance standards.
• Drive adoption of new underwriting tools, technologies, and data analytics.
• Prepare management reports and portfolio insights for senior leadership.
• Manage relationships with reinsurers, brokers, and distribution partners.
• Contribute to product development initiatives and feasibility assessments.
• Handle escalated queries and complex risk assessments.

Skills

Strong communication and interpersonal

Leadership and mentoring

Education

Bachelor's degree in business, medicine

Professional underwriting qualification (e.g., FLMI, ALU, DipCII)

Job description

• Strong communication and interpersonal skills
• Lead, mentor, and develop the underwriting team
• Bachelor's degree in business, medicine

Job Description

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

• 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.