Fire Underwriting, Executive

MSIG Insurance (Malaysia) Bhd Registration No; Kuala Lumpur; On-site; MYR 50,000 - 70,000; Full time

Job summary

MSIG Insurance (Malaysia) Bhd is looking for an Underwriting professional in Kuala Lumpur. You will assess technical underwriting and provide guidance on Fire & Miscellaneous insurances, working closely with various departments to improve risk measures.

The ideal candidate should hold a relevant degree or insurance qualifications, with at least one year of experience, strong analytical, planning and organization skills.

Qualifications

• Degree holder or relevant insurance qualifications, AMII is an added advantage.
• Minimum 1 year working experience.
• Have analytical and creative thinking skills.
• Good planning and organization skills.

Responsibilities

• Assess aspects of technical underwriting and policy wording.
• Provide advice and support in underwriting management.
• Evaluate survey reports and claims trends.
• Review underwriting guidelines for improvement.
• Conduct market research for Fire & Miscellaneous insurances.

Skills

Analytical skills

Creative thinking skills

Planning skills

Organization skills

Education

Degree holder or relevant insurance qualifications

Job description

Key Responsibilities

• Assess all aspects of technical underwriting, policy wording review, survey requirement/ risk improvements inclusive of Risk Referrals approval recommendation on all new and renewals for Fire & Miscellaneous class of insurances.
• Assist in providing professional advice, guidance and support to Business Units and Branch personnel in all aspects of Fire & Miscellaneous underwriting management and operations.
• Work closely with Risk Survey Department, Claims Department as well with Business Units to combat adverse trends by evaluating survey reports/ adjuster reports, loss ratio, claims trends. Providing recommendation on risk improvements measures whenever possible.
• Assist in reviewing underwriting guidelines periodically for continuous improvement and adaptation to market changes.
• Assist in performing market research and development work of Fire & Miscellaneous insurances through analyzing market needs and formulate profitable and sellable products.

Job Requirements

• Degree holder or relevant insurance qualifications, AMII is an added advantage.
• Minimum 1 year working experience.
• Have analytical and creative thinking skills.
• Good planning and organization skills.