Retail Underwriter Senior Manager

PT Asuransi Bina Dana Arta Tbk; Daerah Khusus Ibukota Jakarta; On-site; IDR 200.000.000 - 300.000.000; Full time

Job summary

A leading insurance provider in Indonesia is seeking a Retail Underwriter Manager to oversee underwriting practices and lead a dynamic team. This pivotal role focuses on driving business growth through effective risk assessment and collaboration across departments. Ideal candidates will have extensive experience in underwriting and a strong leadership background. As part of a growing organization, you will contribute to innovative product development and support our strategic goals.

Qualifications

• Experience as an Underwriter with proven leadership skills.
• Strong understanding of underwriting practices and regulatory compliance.
• Ability to analyze data and make informed decisions.

Responsibilities

• Oversee underwriting decisions and risk assessments.
• Lead and develop the underwriting team.
• Collaborate with sales and marketing teams.

Skills

Risk Assessment

Portfolio Management

Team Leadership

Stakeholder Management

Education

Bachelor's degree in relevant field

Job description

The Retail Underwriter Manager is responsible for leading and managing the underwriting team focused on retail general insurance products. This role ensures sound underwriting practices, risk selection, and pricing strategies while supporting business growth and profitability targets. The position plays a key role in product development, portfolio management, and relationship-building with distribution channels.

Key Responsibilities:

1. Underwriting & Risk Assessment
2. Oversee underwriting decisions on retail general insurance risks within delegated authority levels.
3. Ensure all risk assessments are accurate, aligned with company guidelines, and comply with regulatory frameworks.
4. Escalate and review high-value or complex cases, providing strategic guidance.
5. Monitor portfolio performance including loss ratios, profitability, and market competitiveness.
6. Identify trends, opportunities, and risks across product lines and recommend corrective actions where needed.
7. Conduct regular audits of underwriting files to ensure quality and compliance.
8. Team Leadership
9. Lead, mentor, and develop a team of underwriters across various product lines.
10. Set performance targets, conduct reviews, and foster a high-performing and collaborative team environment.
11. Provide ongoing training to ensure technical and regulatory knowledge is up to date.
12. Stakeholder Management
13. Collaborate with sales, product, and marketing teams to align underwriting practices with business goals.
14. Support key distribution partners (e.g., agents, brokers, bancassurance) by offering underwriting expertise and market insights.
15. Represent the underwriting team in cross-functional and strategic discussions.
16. Product & Process Development
17. Contribute to the design and enhancement of retail insurance products based on market feedback and actuarial input.
18. Recommend and implement underwriting process improvements, automation, and digital underwriting tools.
19. Ensure underwriting rules are updated and appropriately embedded in policy systems.

What is your expected monthly basic salary?

Which of the following qualifications do you possess?

How many years of experience do you have as an Underwriter?

How much notice are you required to give your current employer?

About OONA Insurance:

PT Asuransi Bina Dana Arta Tbk was founded as PT Asuransi Bina Dharma Arta in Jakarta on 12 October 1982. In 1999, PT Asuransi Bina Dharma Arta became a public company and rebranded to PT Asuransi Bina Dana Arta Tbk, also known as ABDA. Since 9 February 2023, ABDA Insurance has changed its brand to OONA Insurance.

OONA focuses on providing protection against various losses or damages, including Fire, Vehicles, Engineering, Liability, Transportation, Heavy Equipment & Machinery, Health Protection, and more.

With branches across Indonesia and over 400 employees, we are a growing and prominent general insurance provider in Indonesia.