Senior Executive - Underwriter -Insurance - Marine , Aviation & Transport
- Work arrangement
- On-site
- Occupation
- Banking & Financial Services
- Location
- Kuala Lumpur, Federal Territory of Kuala Lumpur, MY
- Compensation
- Not disclosed
- Apply by
- April 14, 2027
About this role
<h2>Senior Executive (MAT) - Marine , Aviation & Transportation- Underwritting</h2><h2>Full time & Permanent role WFO</h2><ul><li><strong>Primary responsibility is to manage new & existing book of renewable business through a demonstration of the following skills and abilities:</strong></li></ul><ul>
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<strong>Fundamentals of coverage, terms and conditions.</strong>Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.</li>
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<strong>Risk Assessment.</strong>Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyse claims and quantify losses.</li>
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<strong>Financial proficiency.</strong>Understanding of insurance financial fundamentals and their impact on underwriting decisions.</li>
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<strong>Actuarial fundamentals.</strong>Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.</li>
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<strong>Marketing and communications.</strong>Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to base communications on strategic thinking. Ability to manage producer strategy.</li>
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<strong>Systems and programs.</strong>Ability to use systems and software programs needed to conduct daily business.</li>
</ul><h2>Requirements</h2><h2>MAJOR DUTIES & RESPONSIBILITIES:</h2><h2>Duties may include but are not limited to:</h2><ul>
<li>Within established business plans and assigned authority, select, analyse, and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results</li>
<li>Negotiate facultative reinsurance on accounts where needed</li>
<li>Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles</li>
<li>Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts</li>
<li>Provide quality and timely input on assigned projects to meet the Company’s needs in the changing market and to support profitable growth</li>
<li>Participate in audits and/or underwriting meetings as required</li>
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