Manager, Casualty Underwriting

Generali Insurance Malaysia Berhad; Kuala Lumpur; On-site; MYR 100,000 - 180,000; Full time

Job summary

Generali Insurance Malaysia Berhad is seeking an experienced underwriting professional to assist in managing all underwriting aspects of Casualty and Financial Lines. You will render technical underwriting support, help formulate strategies, and collaborate with internal and external stakeholders to grow the targeted business while maintaining profitability.

The role focuses on underwriting across Casualty and Financial Lines, ensuring compliance with local guidelines, and providing training and

Qualifications

• Degree in Accounting, Economics, Finance, Law, Business Administration, Or Relevant Certification
• Preferably tertiary qualification in insurance such as AMII/CII/CMII/DMCII or equivalent insurance qualification
• Minimum 8 years' experience in general insurance industry (preferably in Casualty/ Financial Lines/ Liability), with at least 5 years in Casualty/ Financial Lines underwriting experience
• Intermediate to advance level of computer operating and Microsoft word/Excel
• Possess good communication skills – written and oral
• Solid knowledge in Underwriting of Financial Lines risks
• Has good analytical and problem-solving skill
• Able to work independently and work as a team

Responsibilities

• Underwrite all classes of Casualty Lines of business within the given underwriting authority limits, guidelines, monitor all the technical underwriting processes and acceptance of Financial Lines of business
• Providing underwriting expertise relating to Casualty Lines of business
• Assist to formulate and execute strategies to grow the targeted business towards the projected growth by collaborating with business units
• Ensure strict compliance to Regional/ Local Guidelines, External Guidelines and Treaty Protection in force at all times
• Regular analysis of Casualty Lines business portfolio and act where necessary to ensure the profitability is maintained at the desired level
• Ensure excellent customer service is always extended to internal and external customers within the set of service standards
• Ensure technical infrastructure such as policy wordings, clauses, and endorsements are in line with market practice and at the same time meeting the Generali Group, regional aspiration and direction
• Assisting the Head of Casualty and Financial Lines to organize/ provide Technical Training to team members, business team as well as intermediaries
• Close monitoring of Casualty Lines portfolio performance and if necessary to highlight any potential adverse claims trend
• Ensure compliance with the requirements of local regulations and all other relevant statutory regulations and guidelines, as well as all relevant Company, Regional and Generali Group policies and procedures

Skills

Communication skills

Analytical thinking

Problem-solving

Teamwork

Education

Bachelor degree or equivalent

Insurance qualifications (AMII/CII/CMII/DMCII)

Tools

MS Word

MS Excel

Job description

Assist to manage all underwriting aspect of Casualty and Financial Lines of business. Assist to formulate and execute strategies to grow target business for Casualty and Financial Lines of business. Maintain profitability of Casualty and Financial Lines of business. Rendered technical assistance to both internal and external parties for underwriting matters related to Casualty and Financial Lines of business.

Key responsibilities

Underwrite all classes of Casualty Lines of business within the given underwriting authority limits, guidelines, monitor all the technical underwriting processes and acceptance of Financial Lines of business

Providing underwriting expertise relating to Casualty Lines of business

Assist to formulate and execute strategies to grow the targeted business towards the projected growth by collaborating with business units

Ensure strict compliance to Regional/ Local Guidelines, External Guidelines and Treaty Protection in force at all times

Regular analysis of Casualty Lines business portfolio and act where necessary to ensure the profitability is maintained at the desired level

Ensure excellent customer service is always extended to internal and external customers within the set of service standards

Ensure technical infrastructure such as policy wordings, clauses, and endorsements are in line with market practice and at the same time meeting the Generali Group, regional aspiration and direction

Assisting the Head of Casualty and Financial Lines to organize/ provide Technical Training to team members, business team as well as intermediaries

Close monitoring of Casualty Lines portfolio performance and if necessary to highlight any potential adverse claims trend

Ensure compliance with the requirements of local regulations and all other relevant statutory regulations and guidelines, as well as all relevant Company, Regional and Generali Group policies and procedures

Requirements

Degree in Accounting, Economics, Finance, Law, Business Administration, Or Relevant Certification

Preferably Tertiary qualification in insurance related such as AMII/CII/CMII/DMCII or equivalent insurance qualification

Minimum 8 years' experience in general insurance industry (preferably in Casualty/ Financial Lines/ Liability), with at least 5 years in Casualty/ Financial Lines underwriting experience

Intermediate to advance level of computer operating and Microsoft word/Excel

Possess good communication skills – written and oral

Solid knowledge in Underwriting of Financial Lines risks

Has good analytical and problem-solving skill

Able to work independently and work as a team

Generali is one of the largest global insurance and asset management providers. With over 190 years of insurance experience, we now serve 67 million customers in more than 50 countries worldwide. With a wide network of agents, partners, and branches nationwide, it is one of the largest general insurers in Malaysia, with close to 2 million customers. It strives to further its ambition of being a trusted lifetime partner and, more importantly, enable people to shape a safer and more sustainable future by caring for their lives and dreams. From business to home and mobility to health, it offers comprehensive protection solutions to bring genuine value to individuals, families, and businesses.

Generali is one of the largest global insurance and asset management providers. With over 190 years of insurance experience, we now serve 67 million customers in more than 50 countries worldwide. With a wide network of agents, partners, and branches nationwide, it is one of the largest general insurers in Malaysia, with close to 2 million customers. It strives to further its ambition of being a trusted lifetime partner and, more importantly, enable people to shape a safer and more sustainable future by caring for their lives and dreams. From business to home and mobility to health, it offers comprehensive protection solutions to bring genuine value to individuals, families, and businesses.