High Net Worth Underwriter
Nala Employment Pte Ltd
Singapore - Central, Singapore
3d ago
source : Wisdom Jobs

As an industry-leader in the High Net Worth insurance market my clients is looking for a highly qualified Underwriter to join the High Net Worth team in its Singapore office Working primarily with bank and international broker distribution channels this team underwrites complex often large life insurance applications in a highly competitive and challenging market Underwriting of High Net Worth life insurance applications up to autobind limitEnsure decisions are made in compliance with corporate and regulatory guidelinesWork with treaty reinsurer on facultative casesWork closely with concierge team managing distributor expectationsWork closely with Compliance to ensure appropriate investigation of higher-

risk applicantsAssist Head of team and Chief Underwriter with oversight of the team such as managing workflow reviewing product guidelines benchmarking performing auditsHelp in the development of intermediate and junior team members Requirements Minimum 8-

10 years underwriting experience Senior Life Underwriters looking for a progression into the HNW space will be considered Current Life approval authority of at least USD1-

1 5 millionHighly advanced knowledge and understanding of medical non-medical and financial underwriting principles and practicesStrong distributor relationship management skillsWell-

developed influencing negotiation and problem solving skillsExcellent understanding of retention managementAbility to determine when exceptions to rules can be madeIn-

depth and up to date knowledge of political financial and legislative events which may impact our business and our clientsSome experience with a reinsurer is an assetRelevant industry qualifications are an asset

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