We are partnering with a leading insurer to hire a Senior Underwriter within the High Net Worth segment in Singapore. This role suits experienced underwriters with strong medical and or financial underwriting expertise and approximately SGD 5M underwriting authority. You will manage complex cases, working closely with stakeholders and reinsurers while contributing to the growth of underwriting capabilities within a lean team.
About the Role
We are supporting a leading insurer in hiring a Senior Underwriter within the High Net Worth segment in Singapore.
This is a senior individual contributor role within a lean and growing team, offering strong exposure to senior stakeholders and the opportunity to play a key role in building underwriting capabilities in the region.
Key Responsibilities
Underwriting & Risk Assessment
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Assess and underwrite complex, high sum assured cases across medical and financial risks
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Evaluate financial statements, underwriting data and risk exposures
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Liaise closely with reinsurers on case negotiation and escalations
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Ensure underwriting decisions align with internal guidelines, risk appetite and reinsurance requirements
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Drive cases to issuance within agreed service levels
Stakeholder Management
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Act as a subject matter expert for underwriting-related queries
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Partner closely with internal stakeholders including distribution, product and senior management
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Engage external stakeholders including reinsurers and distribution partners
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Provide clear and professional communication on underwriting decisions
Governance & Reporting
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Ensure proper documentation and compliance with regulatory and internal standards
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Support audits, compliance reviews and underwriting governance initiatives
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Prepare management reporting on pipeline, turnaround time and underwriting outcomes
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Identify opportunities for process improvements and workflow enhancements
Requirements
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Degree in Insurance, Finance, Business or related discipline
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Approximately 8-10 years of underwriting experience within life insurance
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Strong medical and/or financial underwriting expertise
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Experience handling large and complex cases
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Current underwriting authority of approximately SGD 5M and above
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Experience working with reinsurers
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Exposure to high net worth cases is advantageous
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Experience with VUL products is good to have but not essential
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Strong analytical, communication and stakeholder management skills
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Ability to operate independently in a lean environment
