Description
We are seeking an experienced and intellectually curious underwriting professional to support the modernization and ongoing maintenance of the Manulife Underwriting Manual (MUM). This role will play a critical part in conducting medical and mortality research, evaluating emerging evidence, and translating findings into practical underwriting guidance for use across Asia.
The successful candidate will combine deep underwriting expertise with strong analytical and research capabilities. They will work closely with underwriting, medical, actuarial, and data experts to ensure that MUM remains medically current, commercially competitive, and aligned with evolving mortality experience and market practices.
Position Responsibilities:
Medical and Mortality Research
- Conduct comprehensive reviews of medical literature, epidemiological studies, clinical guidelines, and mortality research.
- Assess emerging medical advances, treatment outcomes, diagnostic technologies, and their implications for life insurance underwriting.
- Evaluate the mortality impact of medical impairments and risk factors commonly encountered in retail and High Net Worth (HNW) underwriting.
- Develop evidence-based recommendations for underwriting requirements, classifications, ratings, and exclusions.
Underwriting Manual Development
- Support the review, enhancement, and maintenance of the Manulife Underwriting Manual (MUM).
- Research and update underwriting guidelines for priority impairments, incorporating the latest scientific evidence and mortality experience.
- Document underwriting rationale, supporting evidence, assumptions, and references to ensure transparency and regulatory defensibility.
- Assist in the localisation of underwriting guidance to reflect Asian populations, healthcare systems, and mortality experience where appropriate.
Mortality and Risk Assessment
- Understand and evaluate the relationship between underwriting decisions, mortality assumptions, and overall portfolio performance.
- Assess the potential impact of adverse mortality selection on pricing, profitability, and risk management.
- Collaborate with actuarial teams to understand mortality assumptions and emerging experience studies.
- Support the development of risk philosophies that balance competitiveness with sustainable profitability.
Stakeholder Collaboration
- Work closely with Chief Underwriters, Medical Directors, Actuarial teams, Claims leaders, and external experts.
- Participate in working groups focused on underwriting innovation, risk assessment, and manual modernization.
- Present research findings and recommendations to underwriting leadership and governance committees.
- Contribute to the development of AI-enabled and digital underwriting knowledge assets.
Required Qualifications
- Minimum 10 years of life insurance underwriting experience, of which minimum 2 year of High Net Worth (HNW) underwriting.
- Demonstrated expertise in mortality underwriting and medical risk assessment.
- Experience reviewing complex medical, financial, and lifestyle risks.
Benefits:
- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.