Executive, Motor Underwriting

Tokio Marine Insurans (Malaysia) Berhad; Kuala Lumpur; On-site; MYR 45,000 - 78,000; Full time

Job summary

Tokio Marine Insurans (Malaysia) Berhad in Kuala Lumpur is seeking a candidate to support the Head of Motor Department in managing the Motor portfolio and underwriting activities. The role emphasizes portfolio analysis, research and development, and execution of strategies to grow Motor portfolio profitability in line with company plans.

The ideal candidate will have a tertiary qualification in a related field, at least 1 year in general insurance, strong analytical ability and good

Qualifications

• Tertiary qualification in business, statistics, mathematics, actuarial science, finance, economics or related insurance field.
• Minimum 1 year of experience in general insurance.
• Solid knowledge in motor underwriting.
• Good market knowledge in motor products.
• Good written and oral communication.
• Strong analytical skills.
• Fresh graduates are encouraged to apply.

Responsibilities

• Support the Head of Motor Department in managing the motor portfolio and underwriting.
• Portfolio analysis and recommendations to improve financial performance.
• Marketscan, competitor benchmarking, and new segment analysis.
• Analyze and maintain system rate tables and underwriting controls.
• Design and execute strategies to grow motor portfolio profitability.

Skills

Communication skills

Analytical skills

Motor underwriting knowledge

Motor market knowledge

Education

Business/Finance/Actuarial related degree

Job description

• To support the Head of MotorDepartment in managing the overall Motor portfolio and Motor underwriting ofthe organization.
• Portfolio Analysis - Analyze Motorportfolio and provide recommendations to improve financial performance.
• Research and Development - Marketscanning, competitor benchmarking, new segment analysis, product development /enhancement.
• Systems and Operational Analysis -Analyze and maintain system rate tables and other underwriting controls.
• Strategy and Planning - Design andexecute strategies to grow Motor portfolio profitably in line with Companystrategies, objectives and business plans.

Requirements

• Preferably tertiaryqualification in Business Administration, Statistics, Mathematics, ActuarialScience, Finance, Economics, or Insurance related professional qualificationssuch as AMII, ACII, AII and DMII.
• Minimum of 1 year of experience in general Insurance Industry.
• Solid knowledge in underwriting of Motor.
• Good market knowledge In Motor products.
• Good communications skills - written & oral.
• Must have good analytical skill.
• Fresh graduates are encouraged to apply.

Tokio Marine Insurans (Malaysia) Berhad or TMIM is a subsidiary of Tokio Marine Asia Pte. Ltd. Singapore and its ultimate holding company is Tokio Marine Holdings Inc., in Japan. The Tokio Marine Group has had more than 140 years history in Japan being the oldest and one of the largest insurance group in Japan. The group is engaged in a wide variety of businesses ranging from non-life insurance to life insurance, international insurance, financial and other general business. The Group operates a worldwide network that spans 46 countries and regions to provide safety and security to customers.

Tokio Marine Insurans (Malaysia) Berhad or TMIM is a subsidiary of Tokio Marine Asia Pte. Ltd. Singapore and its ultimate holding company is Tokio Marine Holdings Inc., in Japan. The Tokio Marine Group has had more than 140 years history in Japan being the oldest and one of the largest insurance group in Japan. The group is engaged in a wide variety of businesses ranging from non-life insurance to life insurance, international insurance, financial and other general business. The Group operates a worldwide network that spans 46 countries and regions to provide safety and security to customers.