Senior Life Underwriter

Job Description

Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.

Job Description

As a progressive and forward looking company, Manulife Singapore is constantly looking for underwriting talent. If you are a life underwriter who is considering to take your profession to the next level, we will be keen to speak with you.

Responsibilities:

• Underwriting Risk Management
  • Execute underwriting for all products
  • Perform risk assessment oversight for local underwriters in consultation with Chief Underwriter
  • Responsible for the integrity of the underwriting approval
  • Ensure compliant to Corporate and Regulatory guidelines
  • Review claims on non-disclosure cases in conjunction with Chief Underwriter
  • Review appeal cases in conjunction with VP New Business
• New Product Development
  • Working with Regional Office and Product Development to develop appropriate underwriting and benefits guidelines for the new products
  • Working with the Product Launch Committee to ensure smooth product roll out
• Training & Development
  • Train underwriters to ensure professional competency and up-to-date with competitive or new market practices
  • Ensure consistent assessment across the underwriters and compliance with underwriting guidelines
  • Work collaboratively with the rest of the New Business & Underwriting team members to ensure production targets are met monthly
  • Provide feedback to Chief Underwriter on staff developmental needs from technical underwriting perspectives and other qualitative skills such as distribution management and decision making, etc..
  • Train Distribution channels on new products’ underwriting requirements or changes to existing underwriting practices
  • Provide consultations to distribution channels
• Business Processes
  • Establish underwriting practices to ensure competitive advantages
  • Perform underwriting audits
  • Conduct benchmarking exercises with various reinsurers
• Risk Management with Regional Office, Bermuda Office and Reinsurers
• Work with both offices and reinsurers to develop underwriting guidelines that are appropriate to local context, in consultation with Chief Underwriter

Requirements:

• At least 5 years of underwriting experience in the working domain of life insurance businesses in Singapore
• Team lead experience is an advantage
• Possess degree qualifications with ACII certificates
• Strong and consistent mentoring skill for underwriters
• Strong distributors relationship management skill
• Good communication skills
• Critical problem solving and decision making

If you are ready to unleash your potential, it’s time to start your career with Manulife/John Hancock.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2018, we had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of December 31, 2018, we had over $1.1 trillion (US$794 billion) in assets under management and administration, and in the previous 12 months we made $29.0 billion in payments to our customers.

Our principal operations in Asia, Canada and the United States are where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

Manulife is committed to supporting a culture of diversity and accessibility across the organization. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.