Executive, Underwriting

Takaful Ikhlas Bhd; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Takaful Ikhlas Bhd is seeking an Executive, Underwriting (General Underwriting) to develop processing standards, support risk assessment and strengthen underwriting controls.

You will engage with frontline staff and branches, prepare management reports, analyse data, and drive automation while delivering governance and SOP enhancements for portfolio quality. Experience in general insurance, risk management, and familiarity with Shariah requirements is valued.

Qualifications

• Degree in Insurance, Risk Management, Business, Data Analytics, or related disciplines; diploma holders with relevant experience may be considered.
• Professional certification (CII, MII, AII, or equivalent) is an advantage.
• 1–2 years of experience in General Insurance/Takaful, underwriting, risk management, operations, or analytics.
• Knowledge of underwriting, reinsurance, regulatory, and Shariah requirements.
• Strong analytical, reporting, and stakeholder management capabilities.

Responsibilities

• Prepare and monitor recurring underwriting, operational, governance and management reports.
• Conduct data analysis, portfolio monitoring and benchmarking to support underwriting and management decision-making.
• Prepare ad-hoc reports and analysis for Senior Management and relevant stakeholders.
• Identify and implement automation, digitalisation and process improvement opportunities to improve efficiency, accuracy and data quality.
• Review and enhance underwriting SOPs, processes, guidelines and controls, including LOFA and related governance activities.
• Support underwriting projects, training, knowledge-sharing and engagement with marketers, branches and other stakeholders.
• Carry out any other appropriate duties assigned by Senior Management from time to time.

Skills

Data analytics

Stakeholder management

Analytical thinking

Reporting

Education

Degree in Insurance / Risk Management / Business / Data Analytics

Diploma holders with relevant experience considered

Job description

Executive, Underwriting (General Underwriting)

Job Purpose

• Develop and establish processing and administration standards and procedures of Underwriting & Risk Management unit
• Support and facilitate risk assessment, risk monitoring and risk improvement initiatives to strengthen underwriting controls and portfolio quality.
• Engage with front liners, including marketers and branches, on risk improvement, underwriting practices and related requirements.
• Prepare and analyse underwriting, operational and portfolio data to support management reporting, business monitoring and decision-making.
• Drive process improvement, automation and digitalisation initiatives to enhance efficiency, reporting accuracy and data quality.
• Support underwriting projects, SOP enhancement, training and cross-functional initiatives
• Carry out any other appropriate duties assigned by the Senior Management from time to time

Job Responsibilities

• Prepare and monitor recurring underwriting, operational, governance and management reports.
• Conduct data analysis, portfolio monitoring and benchmarking to support underwriting and management decision-making.
• Prepare ad-hoc reports and analysis for Senior Management and relevant stakeholders.
• Identify and implement automation, digitalisation and process improvement opportunities to improve efficiency, accuracy and data quality.
• Review and enhance underwriting SOPs, processes, guidelines and controls, including LOFA and related governance activities.
• Support underwriting projects, training, knowledge-sharing and engagement with marketers, branches and other stakeholders.
• Carry out any other appropriate duties assigned by Senior Management from time to time.

Qualification & Requirement

• Degree in Insurance, Risk Management, Business, Data Analytics, or related disciplines; diploma holders with relevant experience may be considered.
• Professional certification (CII, MII, AII, or equivalent) is an advantage.
• 1–2 years of experience in General Insurance/Takaful, underwriting, risk management, operations, or analytics.
• Knowledge of underwriting, reinsurance, regulatory, and Shariah requirements.
• Strong analytical, reporting, and stakeholder management capabilities.