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Principal Underwriter

FWD Life Insurance Company (Bermuda) Limited

  • Company Industries:Insurance/Pension Funding

Job Information

  • Post Date:2018-05-16
  • Career Level:Middle
  • Location:Not Specified
  • Salary:Salary negotiable
  • Employment Type:Full Time
  • Job Function:Underwriter  

Job Description

FWD spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore and Vietnam, offering life insurance across its markets. In Hong Kong, FWD also provides general insurance, employee benefits, pension and financial planning services. FWD’s strategic focus is to leverage technology to create fresh customer experience, deliver easy-to-understand products, and achieve its vision to become the leading pan-Asian life insurer that changes the way people feel about insurance.

FWD is the insurance business arm of investment group, Pacific Century Group. The life insurance and general insurance operating entities of FWD Hong Kong have been assigned strong financial strength ratings by international rating agencies. While FWD Life Insurance Company (Bermuda) Limited has been affirmed ‘A3’ by Moody's and ‘A’ by Fitch, FWD General Insurance Company Limited has also received ‘A’ rating from Fitch, all with a stable outlook.

In Hong Kong & Macau, FWD has been providing quality services to around 487,000 customers with over 600+ staff.

If you are looking for a company where can fuel your inspiration and cultivate your expertise, join us on our exciting journey.

The Job

  • Be responsible for underwriting high sum assured cases
  • Work with other departments in different projects, including product development
  • Establish underwriting rules and guidelines following the company policy and product specification
  • Review and create underwriting practices and guidelines which demonstrate improved effectiveness in underwriting
  • Play a key supporting role in monitoring and ensuring the alignment and quality of the underwriting practice and decision
  • Coach and offer guidance to underwriters. Provide credit decisions and recommendations for complex cases
  • Provide training to sales partners and team members
  • Handle enquiry from peers, sales partners and other departments

The Person

  • University graduate or above, with professional qualifications such as FLMI, ALU etc.
  • Minimum 10 years relevant experience in underwriting and new business processing of Life and Health products, including HNW product, of which 5 years or more at management level
  • Technical:  An expert in underwriting assessment and risk management with sound knowledge in underwriting high sum assured cases.  Experience in product development will be an advantage.
  • Quality Decisions: Application of experience and knowledge to quickly assess a situation and make quality decisions.
  • Business Knowledge: Acquires and applies knowledge in pursuit of competitiveness. Understands key business drivers and the competitor environment.
  • Communication and Influencing Skills:  Ability to clearly articulate ideas and solutions.  Ability to gain support and inspire others.
  • Problem solving: Ability to prioritize issues, assess problem and seek timely solution

We offer 5-day work, 20-22 days annual leaves, excellent learning & development opportunities and an attractive package to the right candidate.

Information collected will be treated in strict confidence and used solely for recruitment purpose.

The company will retain all applications no longer than 24 months of which will be destroyed thereafter. When there are vacancies in any of our subsidiaries, holding companies, associated or affiliated companies of, or companies controlled by, or under common control with the Company during that period, we may transfer your application to them for consideration of employment. We are an equal opportunity employer. We do not discriminate on the basis of race, sex, disability or family status in employment process.

Company Info

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