Manager Underwriting – Liability (Financial Lines)

Berjaya Sompo Insurance Berhad; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading insurance company is seeking a Manager for Underwriting in the Financial Lines segment, based in Kuala Lumpur, Malaysia. This role requires overseeing the Liability portfolio, managing portfolio performance, and assisting in strategic development. The ideal candidate will have 8 to 10 years of experience in Financial Lines insurance and strong technical, analytical, and communication skills. Responsibilities also include mentoring junior underwriters and ensuring compliance with regulations and guidelines.

Qualifications

• Minimum 8 to 10 years working experience in Financial Lines insurance.
• Self-motivated with a positive working attitude.
• Ability to work independently and lead junior underwriters.

Responsibilities

• Manage the Liability portfolio and portfolio performance.
• Develop and execute underwriting product strategy.
• Provide mentorship to junior underwriters.

Skills

Technical skills

Analytical skills

Communication skills

Organizational skills

Time management

Education

Degree in insurance or relevant discipline

CAII / AAII qualification

Tools

Microsoft Office

Job description

Manager Underwriting – Liability (Financial Lines)

Support the Section Head in managing the Liability portfolio, specifically Financial Lines, overseeing portfolio performance, assisting in strategy development and execution, and holding P&L accountability.

Key Responsibilities

• Demonstrate a strong understanding and clear articulation of treaty terms and conditions.
• Provide coaching, guidance, and mentorship to junior underwriters.
• Support the development and execution of underwriting product strategy, ensuring alignment with overall business objectives, local market demands, and regulatory requirements.
• Assist in driving trading strategies to position the company competitively while maintaining underwriting discipline; take ownership of portfolio decisions.
• Leverage technical expertise to mentor the team and ensure the organization remains competitive and compliant.
• Provide guidance on underwriting portfolios to enhance risk management and profitability, working with the Section Head to ensure a balanced portfolio and long‑term profitability.
• Build and maintain strategic partnerships with internal and external stakeholders, including brokers and clients, fostering collaboration and effective communication.
• Ensure operational excellence through process optimization, governance, compliance, and risk management (including sanctions, underwriting filings, and policy issuance), delivering in line with local standards and practices.
• Liaise with treaty reinsurers on risks exceeding the company’s authority for approval and acceptance.
• Review and update underwriting rules and guidelines for the Financial Lines portfolio.
• Underwrite and analyze risks in accordance with company guidelines.
• Assist the Section Head with internal and external audits and reporting requirements.

Job Specification

• Degree in insurance or any other relevant discipline.
• Preferably with CAII / AAII qualification.
• Minimum 8 to 10 years of working experience in Financial Lines insurance.
• Good technical, analytical, and communication skills.
• Strong drive to excel professionally, and to guide and motivate others.
• Self‑motivated, possessing a positive working attitude and capable of working independently.
• Good organization and effective time management.
• Computer literate with proficiency in Microsoft Office.