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 candidates for a Motor portfolio analyst role. The candidates should have at least 2 years of experience in the general insurance industry and a solid understanding of Motor underwriting. Key responsibilities include portfolio analysis, market research, and developing strategies to enhance financial performance. A tertiary qualification in relevant fields is preferred. Fresh graduates are encouraged to apply, and actuarial benefits are available for those pursuing actuarial papers.

Qualifications

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

Responsibilities

• Analyse Motor portfolio and provide recommendations to improve financial performance.
• Conduct market scanning and competitor benchmarking.
• Design and execute strategies to grow Motor portfolio profitably.

Skills

Portfolio analysis

Market knowledge in Motor products

Numerical skills

Analytical skills

Good communication skills

Education

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

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 with TMIM UW guidelines and ensure prudent underwriting, taking into account relevant risk management, including proper analysis and evaluation process.

Qualifications

• 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 the general insurance industry preferred with solid knowledge in underwriting of Motor class.
• Good market knowledge in Motor products.
• Good communication 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.