Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

We are seeking a highly motivated, customer-focused, and technically proficient High Net Worth (HNW) Underwriter to support Prudential’s global HNW life insurance business. The role is responsible for delivering consistent, timely, and well-supported underwriting decisions that are in line with Prudential’s underwriting philosophy, risk appetite, governance standards, and service commitments.

The HNW Underwriter will assess medical, financial and customer due diligence (CDD) information to manage standard to moderately complex cases. The role will work closely with the Chief Underwriter, reinsurers, brokers, and internal stakeholders to achieve sound underwriting outcomes.

The position also supports claims adjudication and post-issuance underwriting activity, balancing strong technical judgement and disciplined risk management with high-quality customer and broker experience.

Key Responsibilities
Underwriting Execution

Execute underwriting assessments for Bermuda-based policies within assigned authority limits

Handle standard to moderately complex HNW cases in line with underwriting guidelines

Conduct medical and financial underwriting, including assessment of source of wealth/funds and insurable interest

Review medical evidence and determine appropriate underwriting outcomes

Support evidence gathering and requirements management





Ensure accurate and complete documentation of underwriting decisions, aligned with underwriting guidelines and relevant regulations

Build trusted broker and client relationships through thoughtful risk assessment, constructive negotiation, and clear communication of underwriting decisions, requirements and value proposition

Maintain current, in-depth knowledge of medical and financial risk factors, life underwriting principles and practices, clinical testing and evolving medical procedures to ensure accurate, evidence-based risk assessments

Demonstrate flexibility to work with some non-standard hours, as require, to support effective collaboration with Prudential offices, distribution partners, and brokers operating across different time zones

Claims & Post-issuance Underwriting

Support claims adjudication activities, including review of underwriting decisions at claim stage

Assess post-issuance changes and ensure continued alignment with underwriting standards

Performance & Service Delivery

Support portfolio performance monitoring by preparing portfolio reports (for key metrics e.g., loss ratio, expense ratio, etc.), extracting initial view on trends based on data and developing proposed remediating actions for senior underwriter review

Manage case workload to meet turnaround time (TAT) and service standards

Maintain high levels of accuracy and quality in underwriting decisions

Consistently achieve excellent individual audit review results





Stakeholder Engagement

Work with case managers, brokers, and distribution teams to support case progression

Communicate underwriting decisions clearly and professionally

Requirements & Qualifications

University graduate, preferably in Business, Risk Management or a related discipline

4–8 years of life underwriting experience, with 1-2 years of exposure to HNW segment

Skilled qualification in Life Insurance e.g., FLMI (Fellow, Life Management Institute), Academy of Life Underwriting (ALU), etc.

Experience in dealing with Reinsurers, Compliance, Legal and Distribution teams (e.g., Agency, Bancassurance and Brokerage)

Proficient in English, both verbal and written

Proficient in using Microsoft applications, e.g., Excel, PowerPoint, Word etc.

Experience in multi-jurisdictional or offshore insurance environments preferred

Preferred Attributes

Solid attention to detail and analytical skills

Ability to manage multiple cases and meet deadlines

Willingness to learn and develop in HNW underwriting

Good communication and teamwork skills

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

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📌 PBIL HNW Underwriter (Ontario)
🏢 Prudential
📍 Ontario