Manager, Engineering Underwriting

Generali Malaysia; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

Generali Malaysia is seeking a senior Technical Specialist in Engineering underwriting to manage complex projects and lead technical excellence.

You will underwrite CAR, EAR, MB, CPM, EEI and related lines, guide referrals, and drive profitability while coordinating with brokers, risk engineers and distribution teams.

Qualifications

• Bachelor’s degree in Civil, Mechanical, Electrical Engineering, Insurance, Risk Management or related discipline.
• Professional insurance qualifications (ACII, ANZIIF, AII, AMII or equivalent) are advantageous.

Responsibilities

• Underwrite large, complex Engineering risks (CAR, EAR, MB, CPM, EEI, and related lines).
• Manage Engineering portfolio for profitability and growth within authority.
• Provide technical guidance to underwriting referrals and policy coverage matters.
• Collaborate with brokers, risk engineering, claims and distribution teams.

Skills

Advanced engineering underwriting

Risk assessment

Negotiation with brokers

Portfolio management

Stakeholder management

Education

Bachelor’s degree in civil/mechanical/electrical engineering or related

Professional insurance qualifications (ACII/ANZIIF/AII/AMII)

Tools

Reinsurance concepts

Documentation review

Job description

To drive the profitable growth and sustainability of the Engineering portfolio through sound underwriting judgment, technical expertise, portfolio management, and market engagement. The role is responsible for underwriting complex Engineering and Construction risks, managing portfolio performance, providing technical leadership on underwriting matters, and ensuring compliance with underwriting guidelines, risk appetite, and governance requirements.

As a senior technical specialist, the incumbent serves as a subject matter expert for Engineering Insurance products, including Contractors' All Risks (CAR), Erection All Risks (EAR), Machinery Breakdown (MB), Contractors' Plant & Machinery (CPM), Electronic Equipment Insurance (EEI), and related Engineering lines. The role works closely with brokers, reinsurers, claims, risk engineering, and distribution teams to support business growth, optimize risk selection, and maintain underwriting profitability.

Main Responsibility

• Manage the overall Engineering portfolio and ensure sustainable profitability
• Drive portfolio growth within underwriting appetite and authority limits.
• Monitor portfolio performance, loss ratio, retention, and exposure accumulation
• Recommend portfolio actions and underwriting strategies to improve performance.

Complex Risk Underwriting & Referral Management

• Underwrite and approve large, complex Engineering risks within delegated authority.
• Assess CAR, EAR, MB, CPM, EEI, CECR, ALOP/DSU and other Engineering risks.
• Review technical documentation, project information and risk engineering reports
• Provide technical guidance on underwriting referrals and policy coverage matters.

Underwriting Governance & Technical Excellence

• Ensure compliance with underwriting standards, regulatory requirements and risk appetite.
• Monitor market trends, emerging engineering risks and industry developments.
• Participate in product enhancement and underwriting guideline reviews.
• Provide technical expertise to Claims, Risk Engineering and Distribution teams.

Qualification and Experience Requirement

Education

• Bachelor's Degree in Civil Engineering, Mechanical Engineering, Electrical Engineering, Insurance, Risk Management or related discipline.
• Professional insurance qualifications (ACII, ANZIIF, AII, AMII or equivalent) will be an added advantage.

Experience

• Minimum 8-10 years of Engineering Underwriting experience.
• Proven experience underwriting large and complex engineering and construction projects.
• Strong exposure to facultative reinsurance placements and broker negotiations.
• Experience managing Engineering portfolio performance and profitability.

Skills

• Advanced Engineering Underwriting knowledge.
• Strong technical risk assessment capabilities.
• Strong commercial and negotiation skills.
• Portfolio management and analytical skills.
• Excellent stakeholder management and communication skills.
• Strong understanding of reinsurance structures and underwriting governance