Motor Underwriter (Senior Executive/ Executive)

Tokio Marine General Insurance; Kuala Lumpur; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur seeks a qualified professional to analyze and improve the Motor portfolio's financial performance. Responsibilities include portfolio analysis, market research, and strategy execution to drive profitable growth. The ideal candidate should have at least 2 years of experience in general insurance, particularly in underwriting Motor products, along with strong numerical, analytical, and communication skills. Fresh graduates are welcome to apply.

Qualifications

• Preferably tertiary qualification in relevant fields.
• Minimum of 2 years experience in general insurance preferred.
• Solid knowledge in underwriting of Motor class.

Responsibilities

• Analyse Motor portfolio and provide recommendations.
• Conduct market scanning and competitor benchmarking.
• Design and execute strategies for profitable growth.

Skills

Numerical skills

Analytical skills

Communication skills

Education

Tertiary qualification in Statistics, Mathematics, Actuarial Science or Insurance

Job description

Responsibilities

• 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.

Fresh graduates are encouraged to apply.

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