Underwriting Manager (Engineering - KL)

About our Client

Our client is one of the largest general insurers in Malaysia with a nationwide network of 20 branches.

About the role:

• Manage the Engineering Underwriting with high-quality underwriting competency as per the agreed company’s service standards.
• Assess and evaluate engineering, including project, risks for insurance quotation purpose.
• Apply engineering principles, risk analysis and underwriting standards to ensure accurate risk assessment and pricing of policies.
• Perform market research and development of Engineering insurance by analyzing market needs and formulating profitable and sellable products.
• Manage and strengthen department’s internal controls, ensuring full compliance with the company’s policies, procedures, corporate governance, and other related legal and regulatory requirements.
• Coordinate with external department resources (e.g., claims trends, loss ratio, and relevant reports) and work closely with Claims and Business Departments to address adverse trends and take remedial actions.
• Periodically review underwriting guidelines for continuous improvement and update business units for full compliance.
• Provide professional advice, guidance, and support to Business Units and Branch personnel to foster profitable business growth in Engineering underwriting, including Loss Prevention measures.
• Monitor the department’s administrative systems, procedures, and processes for sound operations and continuous improvement.
• Plan, develop, and control subordinates’ activities to align with the company’s values and direction within a harmonious working environment, ensuring effective communication and leadership.

Requirements:

• Bachelor’s Degree in Engineering is preferred.
• Minimum of 5 years’ experience in Underwriting, preferably in Engineering LOB.
• Good written and communication skills.
• Ability to work independently and make sound underwriting decisions while man-aging multiple priorities.
• Possess good negotiation & inter-relation skills.

For more information, you may reach out to Jamie at her email at [email protected]

Job Types: Full-time, Permanent

Pay: RM9,000.00 - RM12,000.00 per month