Director, Group Health Underwriting

  • 38369
  • Health - Actuarial
  • |
  • Hong Kong
  • |
  • Oct 14, 2020
Insurance
RESPONSIBILITIES
  • Development of regional group health strategy to optimize underwriting practices and align outcomes to enterprise goals.
  • Work closely with IM finance leadership, local CFOs, commercial teams and actuarial teams to ensure the underwriting strategy meets key stakeholder needs.
  • Develop a commercial mindset within the underwriting teams.
  • Responsible for managing and achieving earnings growth, persistency, ANP and EVA targets at market and region level.
  • High engagement with underwriting teams to ensure ongoing skills development and identify individual growth needs for the business and individuals.
  • Adoption of technology that drives accuracy and efficiency.
  • Development and delivery of impactful and usable management reporting.
  • Liaise with key brokers in support of local market relationships.
  • Assist with high risk major impact negotiations.
  • Oversee new product development in the group health space from understanding customer need, pricing elements, key risks, competitor landscape all the way through to market testing.
  • Ability to challenge the status quo of current practices and develop and sell the vision and benefits of the developed strategy.
  • Will cover all group products offered with a primary focus on medical, dental and vision.
QUALIFICATIONS
  • Demonstrated ability to work and influence key stakeholders in complex matrix structures.
  • Ability to influence the organization to meet external marketplace demands.
  • High level of energy and ability to engage and communicate to local teams and senior management - agility a must.
  • Cultural adaptability.
  • 5 plus years of healthcare, underwriting, actuarial or financial experience.
  • Knowledge of factors that influence health markets and competitive conditions.
  • Commercial outcome mindset.
  • Desirable:
  • Experience in either insurance company or consulting company preferred.
  • Exposure to financial work outside of underwriting specifically.
  • Some level of international work experience would be ideal given the complex nature of the Asia Pacific market.
  • Exposure in or near business development experience in another field helpful.
  • Ability to lead client discussions and effectively represent company's capabilities.
  • Maintain and support direct client relationships.
  • Keen interest in adopting technology to build better processes and outcomes.
  • Demonstrated results in leading and developing a team.
  • Keen understanding on the explicit role of underwriting in driving financial performance for the enterprise.