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Director, HNW Underwriting

Gravitas Recruitment Group Singapore
Posted 1 day ago Permanent Competitive

Director, HNW Underwriting

Gravitas Recruitment Group Singapore

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
Job ID  173021
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