Manager, Underwriting & New Business

Posted:
8/6/2024, 5:00:00 PM

Location(s):
Kowloon, Hong Kong, China ⋅ Hong Kong, China

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Job description

  • Lead and enhance the Underwriting & New Business function for Bancassurance business

  • Supervise the daily function of the underwriting Bancassurance team, deliver timely and accurate services to Bancassurance 

  • Perform risk assessment within the delegated authority limit to protect the company’s benefit and enhance company’s profit within service pledge 

  • Accurate, fair and appropriate underwriting decision with lowest cost 

  • Manages underwriting quality 

Responsibilities

  • Be the delegated responsible person for Underwriting Service support to Bancassurance Team 

  • Support Bancassurance team’s enquiries and deliver workshops to meet their needs 

  • Develop underwriting guidelines, procedures and practices for Bancassurance, maintain market competitiveness and compliant with regulatory requirements 

  • Organize and deliver training to the team to support development and enhance competency level 

  • Perform risk assessment within the specified authorization limits 

  • Provide second approval of referred applications from Underwriters 

  • Ensure the assigned tasks comply with the Company’s New Business Policy & Procedures, Underwriting Guidelines and Rules and service pledges 

  • Make recommendations and execute process streamlining and service improvement initiatives 

  • Allocate work and monitor productivity and work quality to ensure consistency and accuracy of output 

  • Handle ad-hoc assignments, including product development and system enhancement projects 

Requirements

  • University graduated in any discipline

  • 8 - 10 years of experience in underwriting

  • 5 years of supervisory experiences

  • Comprehensive skills in medical and financial underwriting 

  • Problem solving skill on non-standard and difficult situations 

  • Maintain strong team and channels relationships 

  • Team player across all business line

  • Competent knowledge of medical and financial aspects  

  • In-depth knowledge of Sun Life’s products 

  • Understanding of systems for processing, streamlining and service improvement 

  • Competent knowledge of underwriting philosophy, guidelines and requirements 

  • Competent knowledge of regulatory requirements 

  • Good knowledge of the operations and sales support processes 

We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate.


We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category:

Underwriting - Individual

Posting End Date:

05/10/2024