Engineering & Bond Underwriting, Manager

MSIG Insurance (Malaysia) Bhd Registration No; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

MSIG Insurance (Malaysia) Bhd is seeking a full-time professional for Engineering Underwriting in Kuala Lumpur, Malaysia. The role involves market research, compliance management, and coordination of resources to combat adverse claims trends.

Candidates should possess at least 5 years of relevant experience and a degree/diploma in Insurance. Successful applicants will demonstrate strong analytical, creative thinking, planning, and organizational skills.

Qualifications

• Minimum 5 years working experience in Engineering Underwriting.
• Degree/Diploma Holder preferably in Insurance.
• Analytical and creative thinking skills are essential.
• Good planning and organization skills are required.

Responsibilities

• Perform market research and development work of Engineering insurance.
• Manage and strengthen department’s internal controls and ensure compliance.
• Coordinate outside department resources for claims trends and reports.
• Review underwriting guidelines for continuous improvement.
• Provide advice and support for profitable business growth.
• Monitor administrative systems and processes for improvements.
• Plan and manage subordinates’ activities aligned with company values.

Skills

Analytical thinking

Creative thinking

Planning skills

Organization skills

Education

Degree/Diploma in Insurance

Job description

Full-Time

• Perform market research and development work of Engineering insurance through analyzing market needs and formulating profitable and sellable products.
• Manage and strengthen department’s internal controls and ensure full compliance to the company’s policies and procedures, corporate governance and others related legal and regulatory.
• Manage and coordinate outside department’s resources, i.e. claims trends, loss ratio and relevant reports, work closely with Claims and Business Departments to combat adverse trends and for remedial actions.
• Review underwriting guideline periodically for continuous improvement and keep businesses unit updated for full compliance.
• Provide professional advice, guidance and support to Business Units and Branch personnel in all aspects of profitable business growth in Engineering underwriting including Loss Prevention measures.
• Monitor the department’s administrative systems, procedures and continual work processes/enhancement for sound operations and continuous improvements.
• Monitor, plan, develop and control the subordinates’ activities to be in line with the company’s values and direction within harmonious working environment through effective communication and excellent leadership.

Job requirement

• Degree/Diploma Holder preferably in Insurance.
• Minimum 5 years working experience in Engineering Underwriting.
• Have analytical and creative thinking skills.
• Good planning and organization skills.