Director, HNW Underwriting

Location: Singapore

Salary: SGD 200,000 per year

Overview

We're looking for a seasoned underwriting professional to lead high-value life insurance underwriting for our Bermuda HNW/UHNW book. You'll take ownership of complex cases from start to finish — medical, financial, and due diligence review — while acting as a trusted advisor to less experienced underwriters and a key liaison with reinsurance partners.

Key Responsibilities

Underwriting

• Own full-cycle underwriting decisions for Bermuda policies within your delegated authority
• Handle sizeable, intricate HNW/UHNW submissions, including cross-border ownership structures and large face amounts
• Evaluate medical and financial risk factors — source of wealth, insurable interest, layered ownership arrangements
• Interpret clinical records (attending physician statements, labs, specialist evaluations) to reach sound underwriting conclusions
• Design evidence-gathering approaches tailored to complex submissions
• Produce clear, defensible underwriting rationale that holds up against internal guidelines and regulatory expectations

Claims & policy servicing

• Weigh in on claims reviews, revisiting original underwriting decisions where relevant
• Evaluate policy changes after issuance to confirm they remain consistent with underwriting standards

Risk oversight

• Flag red flags around fraud or anti-selection early
• Analyze portfolio metrics (loss ratios, expense ratios, etc.) and translate findings into actionable recommendations for senior leadership
• Keep your case queue moving to meet turnaround targets

Relationship management

• Work closely with brokers, distribution partners, and case managers to structure complicated cases
• Deliver underwriting outcomes with clarity and professionalism

Mentorship

• Coach junior underwriters through difficult case scenarios
• Help build out best practices and shared underwriting knowledge across the team

Requirements

• A bachelor's degree (Business, Risk Management, Actuarial Science, or similar fields preferred)
• 10 or more years in life underwriting, including a minimum of 4 years focused on HNW or large-case work
• A recognized life insurance credential (FLMI, ALU, or equivalent)
• Established experience collaborating with reinsurers, legal, compliance, and distribution channels (agency, bancassurance, brokerage)
• Strong written and spoken English
• Solid Microsoft Office skills (Excel, PowerPoint, Word)
• Exposure to multi-jurisdictional or offshore insurance markets is a plus