Chubb Life HK - Senior Manager, Underwriting

Chubb European Group Ltd.; Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Job summary

Chubb European Group Ltd. in Hong Kong seeks a Senior Manager – Underwriting to lead the underwriting function, drive strategy, and oversee complex life insurance risk assessments. The role requires technical underwriting expertise, strong commercial sense, and proven leadership of high‑performing teams.

You will partner with Actuarial, Product, Sales, Claims, and Compliance, ensuring governance, regulatory compliance, and portfolio profitability through data‑driven practices and new tools.

Qualifications

• Senior management with extensive life insurance underwriting experience.
• Proven ability to lead high‑performing underwriting teams.
• Strong commercial acumen and risk assessment skills.

Responsibilities

• Lead, mentor, and develop the underwriting team to achieve performance goals.
• Oversee underwritings of complex, high‑value life insurance applications.
• Develop, implement, and review underwriting policies and guidelines.
• Monitor portfolio performance and proactively manage risk exposure.
• Review and approve decisions above delegated authority thresholds.
• Collaborate with Actuarial, Product Development, Sales, Claims, and Compliance.

Skills

Underwriting leadership

Portfolio risk management

Team development

Cross-functional collaboration

Regulatory governance

Tools

Data analytics tools

Underwriting platforms

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.