UNDERWRITING EXECUTIVE

• Job description

EVALUATE INSURANCE APPLICATIONS AND SUPPORTING DOCUMENTS TO DETERMINE RISK EXPOSURE AND LEVELS OF RETENTION.

• ANALAYZE DATA SUCH AS FINANCIAL STATEMENTS,HEALTH RECORD, OR BUSINESS ACTIVITIES OR ANY OTHER UNDERWRITING INFORMATION TO ASSESS RISK.
• IDENTIFY AND EVALUATE POTENTIAL UNDERWRITING HAZARDS.
• MAKE DECISIONS ON INSURANCE APPLICATIONS,INCLUDING ACCEPTANCE,REJECTION, OR ADJUSTMENTS IN COVERAGE WITHIN AUTHORITY LIMIT.
• DEVELOP AND RECOMMEND POLICY TERMS, PREMIUMS AND COVERAGE LIMITS FOR CONSIDERATIONS BY SUPERIOR.
• WORK WITH BROKERS, AGENTS, AND SALES TEAMS TO CLARIFY UNDERWRITING REQUIREMENTS.
• COMMUNICATE DECISIONS AND PROVIDE EXPLANATIONS TO CLIENT OR STAKEHOLDERS WHEN NEEDED.
• ENSURE UNDERWRITING DECISIONS ALIGN WITH COMPANY PLICIES,INDUSTRY REGULATIONS, AND RISK MANAGEMENT PRACTICES.
• KEEP UP-TO-DATE WITHINSURANCES REGULATIONS AND MARKET TRENDS.
• MAINTAIN ACCURATE RECORDS OF UNDERWRITING DECISION, POLICIES, AND AGREEMENTS.
• IDENTIFY OPPORTUNITIES TO IMPROVE UNDERWRITTING WORKFLOWS AND EFFICIENCES.
• CONTRIBUTE TO THE DEVELOPMENT OF UNDERWRITING GUIDELINES AND BEST PRACTICES.

REQUIREMENTS

• Bachelor degree in Insurance, Business Administration, or a related field.
• Proven Experience in Insurance claims or a similar role (1-3 years Preferred).
• Strong knowledge of insurance policies, coverage and claim processes.
• Excellent communication and negotiation skilss.
• Analytical mindset with attention to detail.
• Ability to work independently and handle high-pressure situations.
• Proficiency in MS OFFICE and Claims management software.

Job Types: Full-time, Permanent

Pay: RM2,500.00 - RM2,800.00 per month

Benefits:

• Additional leave
• Company car
• Dental insurance
• Health insurance
• Maternity leave
• Opportunities for promotion
• Parental leave
• Professional development
• Vision insurance

Schedule:

• Monday to Friday

Work Location: In person