Marine Underwriter

Chubb Ltd.; Malaysia; On-site; MYR 100,000 - 140,000; Full time

Job summary

Chubb Ltd. in Malaysia is looking for a professional to manage the Marine & Specialty portfolio, driving profitability and growth while ensuring compliance with regulatory standards. The role involves underwriting complex risks, developing strong broker and client relationships, and mentoring junior staff.

Ideal candidates will have a strong background in marine underwriting and a passion for innovation in insurance solutions. Join Chubb to make a significant impact in the marine and specialty insurance sector.

Responsibilities

• Own and manage the profitability, growth, and sustainability of the Marine & Specialty portfolio.
• Evaluate and underwrite complex Marine & Specialty risks within delegated authority.
• Build and maintain strong relationships with brokers, agents, and key clients.
• Identify market trends and customer needs to support product enhancement and innovation.
• Mentor and develop junior underwriters and underwriting support staff.
• Ensure compliance with regulatory requirements, underwriting guidelines, and internal controls.

Job description

Key Responsibilities

Portfolio Management & Growth

• Own and manage the profitability, growth, and sustainability of the Marine & Specialty portfolio.
• Develop and execute portfolio strategies aligned with company objectives.
• Monitor portfolio performance through key underwriting and financial metrics.
• Identify growth opportunities within existing and emerging market segments.
• Maintain underwriting discipline while achieving sustainable growth targets.
• Regularly review pricing adequacy, risk appetite, and portfolio composition.

Technical Underwriting Leadership

• Evaluate and underwrite complex Marine & Specialty risks within delegated authority.
• Provide technical guidance on coverage, policy wording, risk assessment, pricing, and structuring.
• Support large or complex submissions requiring advanced underwriting expertise.
• Work closely with reinsurance partners where required.

Broker & Client Relationship Management

• Build and maintain strong relationships with brokers, agents, and key clients.
• Act as a trusted advisor on Marine & Specialty insurance solutions.
• Support business development initiatives through broker visits, presentations, and market engagement.
• Represent the company in industry events and market discussions.

Product & Business Development

• Identify market trends and customer needs to support product enhancement and innovation.
• Collaborate with product, operations, claims, and distribution teams to improve customer propositions.
• Support the development of new products, schemes, and niche specialty opportunities.

Leadership & Talent Development

• Mentor and develop junior underwriters and underwriting support staff.
• Promote underwriting excellence and knowledge sharing within the team.
• Foster a culture of accountability, collaboration, and continuous improvement.

Governance & Compliance

• Ensure compliance with regulatory requirements, underwriting guidelines, and internal controls.
• Maintain strong underwriting governance and documentation standards.
• Support audits, compliance reviews, and internal reporting requirements.