Executive, Insurance

IOI Corporation; Putrajaya; On-site; MYR 40,000 - 60,000; Full time

Benefits offered by this job

Medical insurance

Education support

Parking

Dental insurance

Comprehensive insurance coverage

Job summary

IOI Corporation Berhad in Malaysia is seeking an Insurance Executive to maintain policy records, verify premium calculations, and support claims processing. The role requires meticulous attention to detail and clear communication with stakeholders at all levels.

Candidates should have 1–2 years in insurance, broking, underwriting, or claims, and a degree in a related field. Proficiency in English and Bahasa Malaysia is essential.

Qualifications

• Bachelor's degree in insurance, business administration, finance, or a related field.
• 1–2 years of experience in insurance, broking, underwriting, claims, or corporate insurance.
• Proficiency in Microsoft Office.
• Reliable, meticulous, with a professional attitude.
• Strong verbal and written communication in English and Bahasa Malaysia.

Responsibilities

• Maintain accurate records of policies, certificates, endorsements, schedules and other insurance documents.
• Verify debit/credit notes and ensure correct premium calculation before payment requests.
• Reconcile monthly insurer statements and payments.
• Maintain claims register and monitor outstanding claims progress.
• Coordinate with parties to progress settlements and follow SOPs.
• Ensure adherence to Group Insurance SOPs and KRAs/KPIs.

Skills

Attention to detail

Excellent communication skills

English & Bahasa Malaysia proficiency

Education

Bachelor's degree in Insurance or related field

Tools

Microsoft Office Suite

Job description

Maintain accurate records of policies, certificates, endorsements, schedules and other insurance documents in the Insurance System.

To verify debit/credit note for policy/endorsement in order to arrive to the correct premium calculation before request of payment is made.

To check premium statement issued by insurer and to do the reconciliation on monthly basis.

Maintain proper records of insurance-related payments including follow up payment with relevant parties (BU or Account dept, etc.).

To ensure claim process to be attended closely & to follow up with relevant parties (BU, loss adjuster etc) in order to progress the claim and settled fairly.

To maintain an updated claims register and monitor the progress of outstanding claims.

Assist in checking claim settlements and payment status.

To comply with the Standard Operating Procedure & Policies (SOPP) of Group Insurance Department.

To comply with the KRAs and KPIs set for the Group Insurance Department.

To execute any other job responsibilities as and when required by the superior or any other persons designated by the Company.

Job Requirement

Bachelor's degree in insurance, Business Administration, Finance, or a related field.

Minimum 1-2 years experience in insurance, broking, underwriting, claims or corporate insurance is an advantage.

Proficiency in Microsoft Office Suite (Word, Excel, Outlook).

Responsible, meticulous and possess good working attitude.

Ability to interact and communicate effectively with employees and stakeholders at all levels to facilitate and expedite work requirements.

Strong attention to detail with a high level of accuracy in work deliver.

Good command in both written and spoken English and Bahasa Malaysia.

IOI Corporation Berhad (IOI) is a leading global integrated and sustainable palm oil player. We are listed on the Main Market of Bursa Malaysia Berhad and trading as MYX: 1961. Our palm oil business consists of upstream plantation in both Malaysia and Indonesia; and downstream resource-based manufacturing business.

With hands-on management approach and excellent agronomic practices, we are ranked highly as one of the most efficient major plantation owners to produce one of the highest oil yields in the industry.

Our resource-based manufacturing business consists of three segments: refining, oleochemical and specialty oils and fats. We own two palm oil refineries in Malaysia and four oleochemical manufacturing plants in Malaysia and Germany. Our specialty oils and fats manufacturing business is carried out by our 20%-owned associate company, Bunge Loders Croklaan (formerly known as IOI Loders Croklaan), which has manufacturing operations in Malaysia, the Netherlands, USA, Canada, Ghana and the People’s Republic of China. Our downstream products are exported to more than 70 countries worldwide. It also includes sustainable palm wood panels developed from oil palm trunks and can be used for furniture making and in the building industry.

IOI Corporation Berhad (IOI) is a leading global integrated and sustainable palm oil player. We are listed on the Main Market of Bursa Malaysia Berhad and trading as MYX: 1961. Our palm oil business consists of upstream plantation in both Malaysia and Indonesia; and downstream resource-based manufacturing business.

With hands-on management approach and excellent agronomic practices, we are ranked highly as one of the most efficient major plantation owners to produce one of the highest oil yields in the industry.

Our resource-based manufacturing business consists of three segments: refining, oleochemical and specialty oils and fats. We own two palm oil refineries in Malaysia and four oleochemical manufacturing plants in Malaysia and Germany. Our specialty oils and fats manufacturing business is carried out by our 20%-owned associate company, Bunge Loders Croklaan (formerly known as IOI Loders Croklaan), which has manufacturing operations in Malaysia, the Netherlands, USA, Canada, Ghana and the People’s Republic of China. Our downstream products are exported to more than 70 countries worldwide. It also includes sustainable palm wood panels developed from oil palm trunks and can be used for furniture making and in the building industry.

Perks and benefits Medical Education support Dental Parking Optical, Comprehensive Insurance coverage, Perform

What can I earn as an Insurance Executive