Motor Underwriter (Senior Executive/ Executive)

Tokio Marine Insurans (Malaysia) Berhad; Kuala Lumpur; On-site; MYR 50,000 - 70,000; Full time

Job summary

A leading insurance company in Kuala Lumpur is seeking a technical support specialist focused on Motor underwriting. The role involves portfolio analysis, research and development, and strategy planning to enhance financial performance. Candidates should have at least 2 years in general insurance, especially in Motor underwriting, along with strong analytical and communication skills. Fresh graduates are encouraged to apply.

Qualifications

• Minimum of 2 years of experience in the general insurance industry, preferably in Motor class underwriting.
• Solid knowledge of Motor class underwriting.
• Good communication skills, both written and oral.

Responsibilities

• Perform portfolio analysis to improve financial performance.
• Conduct market scanning and competitor benchmarking for product enhancement.
• Design and execute strategies to grow Motor portfolio profitability.

Skills

Analytical skills

Communication skills

Numerical skills

Market knowledge in Motor products

Education

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

Job description

To 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.

Fresh graduates are encouraged to apply.