Operations Executive

MSIG Insurance (Malaysia) Bhd; Penang; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance provider in Malaysia seeks an Operations Executive to enhance underwriting support and ensure compliance with regulatory guidelines. Ideal candidates will have at least 5 years of experience in operations and a degree in Insurance or Business Studies. Responsibilities include coordinating policy documentation and supporting business development. The role offers benefits such as medical coverage, education support, dental, vision insurance, a car, and housing loan interest.

Benefits

Medical

Education support

Dental

Vision Insurance Coverage

Car

Housing Loan Interest

Qualifications

• At least 5 years of working experience in operations.
• Thorough hands-on involvement in key projects.
• Understanding of Regulatory requirements.

Responsibilities

• Provide underwriting support and comply with guidelines.
• Coordinate production of policy documentation.
• Ensure profitable growth of target business portfolio.
• Support Business Development staff efficiently.

Skills

Good knowledge of Insurance practices

Pro-activeness

Communication skills

Education

Degree/Diploma in Insurance or Business Studies

Job description

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Provide underwriting support and ensure that the underwriting standards are within authorized limits and guidelines.

Coordinate and control production of policy documentation in providing consistent professional service to customers and business partners.

Provide technical reference point for customers and staffs.

Ensure profitable growth on target business portfolio to achieve Branch’s goals.

Ensure efficient implementation and full compliance of company policies, regulatory laws, guidelines and requirements including credit control and reinsurance disposition, acceptance authority, AML verification and risk survey requirement.

Provide support to Business Development staff in a timely and professional manner.

Send email to PSD for policy/endorsement issuance.

Process policy/endorsement as required.

Monthly renewal rerate.

Underwrite GenLink transactions.

Process CABCO transactions.

Upload supporting documents to BMS.

Any other tasks or projects assigned by the management.

JOB REQUIREMENTS

Degree/Diploma Holder preferably in Insurance or Business Studies.

At least 5 years of working experiences preferably in operations.

Good knowledge of Insurance practices and Regulatory requirement.

Pro-activeness in job responsibilities.

Thorough hands-on involvement in key projects and departmental tasks / activities.

Unlock job insights

Your application will include the following questions:

• Which of the following statements best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as an Operations Executive?
• Are you willing to undergo a pre-employment background check?
• How much notice are you required to give your current employer?

Perks and benefits

• Medical
• Education support
• Dental
• Vision Insurance Coverage
• Car
• Housing Loan Interest