Marine Underwriter

Chubb Life Fund; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Job summary

Chubb Life Fund is seeking an experienced Underwriter, Marine & Specialty to support the profitable growth and development of our Marine & Specialty portfolio. You will underwrite risks, manage broker relationships, deliver technical underwriting support, and contribute to business growth while maintaining strong underwriting discipline and service standards.

This role requires strong evaluation of exposures, collaboration with brokers, and delivering timely quotations, renewals, and policy

Responsibilities

• Assess, price, and underwrite Marine & Specialty risks within delegated authority.
• Evaluate risk exposures, coverage requirements, policy terms, and pricing adequacy.
• Ensure underwriting decisions are aligned with guidelines and risk appetite.
• Prepare underwriting referrals for risks exceeding authority levels.
• Maintain underwriting profitability and portfolio quality.
• Build and maintain relationships with brokers, agents, and business partners.
• Respond to underwriting enquiries, quotations, renewals, and policy amendments in a timely manner.
• Provide technical advice and insurance solutions to support business growth.
• Participate in broker visits, presentations, and market engagement activities.
• Support portfolio growth initiatives through new business development and retention of profitable accounts.
• Monitor market developments, competitor activities, and emerging risks.
• Assist in portfolio reviews and renewal strategies to improve underwriting results.
• Ensure accurate and timely issuance of quotations, policies, endorsements, and renewals.
• Maintain high service standards and turnaround times.
• Contribute to process improvement initiatives to enhance operational efficiency.
• Adhere to underwriting guidelines, regulatory requirements, and company policies.
• Maintain proper underwriting records and documentation.
• Support audit, compliance, and governance requirements as required.

Job description

Role Purpose

We are seeking an experienced Underwriter, Marine & Specialty to support the profitable growth and development of our Marine & Specialty portfolio.
The successful candidate will be responsible for underwriting risks, managing broker relationships, delivering technical underwriting support, and contributing to business growth while maintaining strong underwriting discipline and service standards

Underwriting & Risk Assessment

• Assess, price, and underwrite Marine & Specialty risks within delegated authority.


• Evaluate risk exposures, coverage requirements, policy terms, and pricing adequacy.


• Ensure underwriting decisions are aligned with company guidelines and risk appetite.


• Prepare underwriting referrals for risks exceeding authority levels.


• Maintain underwriting profitability and portfolio quality.

Broker & Client Management

• Build and maintain effective relationships with brokers, agents, and business partners.


• Respond to underwriting enquiries, quotations, renewals, and policy amendments in a timely manner.


• Provide technical advice and insurance solutions to support business growth.


• Participate in broker visits, presentations, and market engagement activities.

Portfolio Development

• Support portfolio growth initiatives through new business development and retention of profitable accounts.


• Monitor market developments, competitor activities, and emerging risks.


• Assist in portfolio reviews and renewal strategies to improve underwriting results.

Operational Excellence

• Ensure accurate and timely issuance of quotations, policies, endorsements, and renewals.


• Maintain high service standards and turnaround times.


• Contribute to process improvement initiatives to enhance operational efficiency.

Compliance & Governance

• Adhere to underwriting guidelines, regulatory requirements, and company policies.


• Maintain proper underwriting records and documentation.


• Support audit, compliance, and governance requirements as required.