My client is a major multinational insurance and financial services company, offering life insurance, pensions, asset management, and related products across Asia, the US, Europe, and other markets.
They are currently seeking a highly capable Chief Underwriting Officer to lead their team and drive excellence in risk assessment for complex, large-sum-assured cases.
Key Job Responsibilities:
- Underwrite complex HNW life insurance cases involving large sums assured, multi-life structures, and intricate financial/medical risks.
- Make sound, defensible underwriting decisions in line with the company's risk appetite and underwriting philosophy.
- Lead case strategy, evidence assessment, and negotiations with distribution and relationship teams.
- Evaluate complex financial documentation, including trusts, offshore structures, and insurable interest.
- Manage facultative reinsurance submissions and negotiations for jumbo cases
- Drive underwriting service excellence, including TAT and process improvements.
- Lead, mentor, and develop the HNW underwriting team
Requirements:
- Bachelor's Degree in a relevant discipline (Business, Finance, Actuarial Science, or Biomedical Sciences preferred)
- 12+ years of underwriting experience with strong exposure to HNW and complex financial risks
- Proven experience managing regulators in Bermuda, Hong Kong, and Singapore
- Solid track record in facultative reinsurance placement and large-case negotiations
- Advanced knowledge of medical and financial underwriting, fraud detection, and offshore client structures
- Demonstrated ability to collaborate with senior leadership on operational efficiency and service delivery
- Excellent communication and negotiation skills
