Director, HNW Underwriting

Prudential; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Prudential Services Asia is seeking a senior underwriter with 8–15 years of life underwriting experience, including HNW/large-case exposure. You will manage end-to-end underwriting, assess medical and financial evidence, and coordinate with reinsurers, compliance and distribution teams to ensure robust risk decisions.

The role requires strong English communication, MS Office proficiency, and the ability to work across multi-jurisdictional structures.

Qualifications

• University graduate, preferably in Business, Risk Management, Actuarial Science, or a related discipline.
• 8–15 years of life underwriting experience, with at least 4 years in HNW/large case underwriting.
• Professional qualification in Life Insurance e.g., FLMI, ALU, etc.
• Experience dealing with Reinsurers, Compliance, Legal and Distribution teams.

Responsibilities

• Underwriting Execution: End-to-end underwriting assessments for Bermuda-based policies within authority.
• Underwrite complex HNW/UHNW cases, multijurisdictional structures and large sums.
• Conduct medical and financial underwriting, including wealth/funds source assessment.
• Assess medical evidence and determine underwriting outcomes.
• Define and manage evidence strategies for complex cases.
• Ensure decisions are documented and align with guidelines and regulations.
• Support claims adjudication and post-issuance underwriting alignment.
• Identify underwriting risks and monitor portfolio performance.

Skills

Analytical skills

Stakeholder management

Mentorship

Education

Bachelor's degree in Business / Risk Management / Actuarial Science

Tools

MS Excel

PowerPoint

Word

Job description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Key Responsibilities

• Underwriting Execution: Manage and execute end-to-end underwriting assessments for Bermuda-based policies within assigned authority limits
• Underwrite complex HNW/UHNW cases, including multi-jurisdictional structures and large sum assured policies
• Conduct medical and financial underwriting, including assessment of source of wealth/funds, insurable interest, and complex ownership structures
• Assess medical evidence (APS, labs, specialist reports) and determine appropriate underwriting outcomes
• Define and manage evidence and requirements strategies for complex cases
• Ensure consistent, well-documented decisions aligned with underwriting guidelines and relevant regulations
• Claims & Post-issuance Underwriting: Support claims adjudication activities, including review of underwriting decisions at claim stage and assess post-issuance changes to ensure continued alignment with underwriting standards
• Performance & Risk Management: Identify and escalate potential underwriting risks, including anti-selection and fraud indicators; support portfolio performance monitoring by reviewing prepared portfolio reports (for key metrics e.g., loss ratio, expense ratio, etc.) and developing proposed remediating actions for CUO review
• Manage case pipeline to meet turnaround time (TAT) and service standards
• Stakeholder Engagement: Partner with distribution teams, brokers, and case managers on complex case structuring and communicate underwriting decisions clearly and professionally
• Team Support & Mentorship: Provide guidance and support to junior underwriters on complex case handling, and contribute to knowledge sharing and continuous improvement of underwriting practices

Requirements & Qualifications

• University graduate, preferably in Business, Risk Management, Actuarial Science, or a related discipline
• 8 - 15 years of life underwriting experience, with at least 4 years of exposure to HNW / large case underwriting
• Professional qualification in Life Insurance e.g., FLMI (Fellow, Life Management Institute), Academy of Life Underwriting (ALU), etc.
• Solid experience in dealing with Reinsurers, Compliance, Legal and Distribution teams (e.g., Agency, Bancassurance and Brokerage)
• Proficient in English, both verbal and written
• Proficient in using Microsoft applications, e.g., Excel, PowerPoint, Word etc.
• Experience in multi-jurisdictional or offshore insurance environments preferred

Preferred Attributes

• Strong analytical and judgement skills for complex case assessment
• Ability to manage high-value cases under time pressure
• Strong communication and stakeholder management capabilities
• Experience mentoring junior team members

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part‑time / fixed‑term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third‑party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

We are Prudential. For every life, we are partners. For every future, we are protectors. Prudential plc provides life and health insurance and asset management to 17 million customers across 20 markets in Asia and Africa. We are headquartered in Hong Kong and have dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange. We are focused on four strategic regions: Greater China, ASEAN, India and Africa. Our customers are served by around 55,000 agents and more than 200 bank partners. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom. Find out more at www.prudentialplc.com Follow us on LinkedIn