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Commercial Lines Underwriting (Senior Manager)

Job title: Commercial Lines Underwriting (Senior Manager)
Contract type: Permanent
Location: Kuala Lumpur
Sector:
Salary: RM Attractive per month
Reference: A003931 (ABHQ-115683)
Contact name: Afif Kamal
Contact email: afif.kamal@ellwoodconsulting.com.my
Published: 5 days ago

Job description

 About our client

A distinguished general insurance company based in Kuala Lumpur, Malaysia, has a rich history dating back to the 1950s when it began as the Malayan business arm of a major global insurance firm. Renowned for its specialization in non-life insurance, the company is particularly acclaimed for its expertise in medical insurance. For more information, please contact our recruiter.

About the role

As a key support in managing the Engineering portfolio, you will serve as the principal underwriter for Engineering Classes while also assisting in overseeing Property Classes. Your primary responsibility will be the underwriting and management of assigned lines of business, ensuring alignment with the Company’s business plan, and contributing to the growth of Gross Written Premium (GWP) and target underwriting results. Your role is crucial in ensuring the successful execution of the Company’s business plan while maintaining strict adherence to underwriting guidelines and regulatory requirements.

Your responsibilities

  • Ensure all underwriting is within the Company’s Underwriting Guidelines and Risk Appetite.

  • Provide timely quotations, ensuring terms and rates align with guidelines and market standards.

  • Decide on risk retention and set reinsurance allocation within established guidelines with Risk Engineers for risk surveys and follow up with Business Units/Branches on Risk Improvement Measures (RIMs).

  • Monitor and review the underwriting profitability of the assigned portfolio.

  • Oversee the renewal of referral risks, discuss renewal rates/terms with marketing, and develop underwriting strategies to support company objectives.

You will have

  • Diploma or bachelor's degree from an accredited institution and/or ACII/AMII qualification.

Experience

  • Minimum fifteen (15) years working experience in general insurance industry.

Skills & Competency

  • Sound underwriting knowledge in Engineering classes of insurance.

  • Familiar with PIAM’s Revised Fire Tariff and Fire Detariffication is an added advantage.

  • Good writing and communication skills.

  • Good interpersonal skills and team player.

  • Well versed with BNM/PIAM/MNRB guidelines.

If you are seeking to join a collaborative team and are prepared to assume significant team responsibilities, this opportunity is tailored for you.

Interested candidates, APPLY today or email your comprehensive resume/CV to afif.kamal@ellwoodconsulting.com.my

Kindly note that only successful or shortlisted candidates will be contacted via WhatsApp, phone call, or email.

 

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