Manager Underwriting – Commercial Lines (Property Classes)

Berjaya Sompo Insurance Berhad; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading insurance company is seeking a Manager for Underwriting in Commercial Lines, specifically focusing on Property Classes. The role involves supporting management in strategy development, owning the P&L for Property class, and providing mentorship to junior underwriters. Candidates should have a degree in Insurance or a related field, along with 8-10 years of experience in Property insurance underwriting, and strong leadership capabilities.

Qualifications

• Minimum 8 – 10 years of relevant experience in Property insurance underwriting.
• Strong drive for professional excellence.
• Self-motivated with a positive attitude and able to work independently.

Responsibilities

• Support the Section Head in managing Property classes.
• Own and take accountability for the Property class P&L.
• Provide coaching, guidance, and mentorship to junior underwriters.
• Underwrite and analyze risks in accordance with company guidelines.

Skills

Technical skills

Analytical skills

Communication skills

Leadership capability

Organizational skills

Time management skills

Education

Degree in Insurance or related field

CAII/AAII (CMII/AMII) qualification

Tools

Microsoft Office applications

Job description

Manager Underwriting – Commercial Lines (Property Classes)

Manager Underwriting – Commercial Lines (Property Classes)

Support the Section Head in managing Property classes, including business strategy development, execution, and portfolio performance. The role carries P&L ownership for the Property class and ensures underwriting discipline aligned with business objectives.

The key responsibilities will include but are not limited to:

• Demonstrate strong understanding and clear articulation of treaty terms and conditions.
• Support the Section Head in developing and executing business strategies for the Property class.
• Own and take accountability for the Property class P&L and underwriting portfolio performance.
• Provide coaching, guidance, and mentorship to junior underwriters.
• Support and drive underwriting and product strategies aligned with overall business objectives, local market conditions, and regulatory requirements.
• Support trading strategies to position the company competitively while maintaining underwriting discipline.
• Make underwriting decisions and take ownership of the assigned portfolio.
• Leverage technical expertise to mentor the team and ensure competitiveness and regulatory compliance.
• Provide expert guidance to enhance risk management and improve portfolio profitability.
• Work closely with the Section Head to ensure a balanced portfolio and long-term profitability.
• Build and maintain strong relationships with internal stakeholders, brokers, clients, and local market partners.
• Ensure operational excellence, including process optimization, governance, compliance, and risk management (e.g. sanctions screening, underwriting filings, policy issuance).
• Liaise with treaty reinsurers on risks exceeding the company’s underwriting authority for approval and acceptance.
• Review and update underwriting rules and guidelines for the assigned portfolio.
• Underwrite and analyze risks in accordance with company guidelines.
• Assist the Section Head in internal and external audits, as well as reporting requirements.

Job Specification:

• Degree in Insurance or related field.
• Preferably with CAII/AAII (CMII/AMII) qualification.
• Minimum 8 – 10 years of relevant experience in Property insurance underwriting.
• Strong technical, analytical, and communication skills.
• Demonstrated leadership capability with the ability to guide and motivate team members.
• Strong drive for professional excellence.
• Proficient in spoken and written English.
• Self-motivated with a positive attitude and able to work independently.
• Strong organizational and time management skills.
• Computer literate and proficient in Microsoft Office applications.