Underwriting Analyst

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. HSBC may engage in immigration sponsorship for this position if needed.

This is an analytical role focusing on data manipulation, analysis and interpretation and providing input into programme renewal terms and account performance.  The roleholder will work on all lines of business written by the Captive, including Employee Benefits and Property and Casualty risks.

In this role, you will:

• Support the underwriting of new and renewal business, including collation of submissions, preparation of underwriting analyses, and maintenance of a clear and defensible audit trail for all underwriting decisions
• Collaborate with fronting insurers, internal stakeholders, and advisors to support annual renewals
• Process and analyse large data sets consisting typically of insurance premium and loss data to support internal performance reporting and rating decisions
• Develop and maintain Employee Benefits management information, performance dashboards, and renewal reports
• Review and endorse bordereaux submitted by fronting insurers, ensuring correct data is processed and reflected in internal systems
• Develop and implement data controls to ensure completeness, consistency and accuracy of key data
• Ensure renewal processes are well controlled including execution of formal policy contracts

Qualifications:

• Advanced skills in Excel
• Strong communication skills, with the ability to develop trusting relationships with a variety of stakeholders across seniorities and geographies
• Excellent organizational skills
• Experience of Python and R advantageous
• Experience in insurance is desirable

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.