Motor Underwriter (Senior Executive)

Tokio Marine Insurans (Malaysia) Berhad; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking a candidate for a technical support role focused on portfolio analysis and underwriting in the Motor class. The ideal candidate holds a relevant tertiary qualification, has a minimum of 2 years' experience in the general insurance sector, and possesses strong numerical, analytical, and communication skills.

Qualifications

• Minimum of 2 years experience in the general insurance industry.
• Solid knowledge in underwriting of Motor class.
• Good market knowledge in Motor products.

Responsibilities

• Provide technical support in portfolio analysis and recommendations.
• Conduct market scanning and competitor benchmarking.
• Perform risk assessment for Motor referral requests.

Skills

Numerical skills

Analytical skills

Communication skills

Education

Tertiary qualification in Statistics, Mathematics, Actuarial Science or Insurance related qualifications

Job description

The role will provide technical support on the following areas:

• Portfolio analysis – Analyse Motor portfolio and provide recommendations to improve financial performance.
• Research and development – Market scanning, competitor benchmarking, new segment analysis, product development / enhancement.
• System and Operational Analysis – Analyse and maintain system rate tables and other underwriting controls.
• Strategy and Planning – Design and execute strategies to grow Motor portfolio profitably in line with Company strategies, objectives and business plans.
• Line underwriting – Perform risk assessment to process Motor referral requests in accordance to TMIM UW guidelines.

Ensure prudent underwriting, taking into account relevant risk management, including proper analysis and evaluation process.

Requirements

• Preferably tertiary qualification in Statistics, Mathematics, Actuarial Science or Insurance related professional qualifications such as AMII, ACII, AII and DMII.
• Minimum of 2 years of experience in general insurance industry is preferred with solid knowledge in underwriting of Motor class.
• Solid knowledge in underwriting of Motor.
• Good market knowledge In Motor products.
• Good communications skills - written & oral.
• Must have good numerical and analytical skills.
• Those pursuing actuarial papers are entitled for actuarial benefits