HSBC Group

GCB 5

Some careers have more impact than others.

If you’re looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

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’s underwriting standards and Group’s 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

• University Degree or equivalent underwriting or insurance designation
• Prior experience in HNW underwriting preferred 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.

When applying, please submit a full resume and attach your appraisal reports for the last two performance years. Your local internal application policy should be followed. For internal applicants in Singapore with less than twelve months in their current role, including changes in GCB banding, please also obtain and enclose the endorsement from your current line manager in the application; for more information you can visit HRDirect and search for content "SGP: Internal Job Application Criteria”. 

You’ll achieve more at HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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.