Property SME Underwriting Manager

Zurich 56 Company Ltd; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur is seeking an experienced Property SME Underwriting Manager to manage a portfolio, conduct detailed analyses, and underwrite policies. The role involves negotiating with intermediaries and collaborating with various departments to optimize portfolio performance. Candidates should have a strong understanding of underwriting practices and the ability to identify growth opportunities within existing accounts. This is an opportunity to contribute to a dynamic team focused on continuous improvement and strategic development.

Qualifications

• Strong understanding of underwriting principles and practices.
• Ability to conduct in-depth portfolio analysis.
• Excellent negotiation skills with intermediaries.

Responsibilities

• Independently underwrite case and non-case business for SME Portfolio.
• Conduct in-depth portfolio analysis to assess performance.
• Work with actuaries and claims professionals to align strategies.

Job description

Property SME Underwriting Manager

Purpose

The role will be responsible for:

• The management of a Property & SME portfolio
• Focusing on analyzing trends, patterns, and performance of a portfolio,
• Case and Non-case underwriting to handle individual policies, and ensuring alignment with the company's risk appetite and underwriting guidelines.
• Managing variety of Product and price optimization.
• They are well-regarded for their knowledge of their portfolio.

Nature of Work

Key Accountabilities

• The Portfolio Underwriter will independently underwrite case and non-case business for SME Portfolio.
• Have influence in shaping their portfolio.
• With a reasonable level of Underwriting Authority and a strong understanding of how the portfolio fits into the broader Underwriting strategy.
• To conduct in-depth portfolio analysis to assess portfolio performance and identify trends, areas of concern, and opportunities, and make strategic recommendations on how to approach these, taking into account market dynamics.
• To work closely with actuaries, claims professionals, and other departments to ensure portfolio strategy aligns with broader company objectives,
• To work with intermediaries to negotiate terms, gather feedback and gauge market dynamics.
• They will identify cross-selling and up-selling opportunities within existing accounts to drive business growth through new and existing distribution channels.
• They will provide valuable input in relation to portfolio strategy, product development and system enhancements.
• They will support with the development of other Underwriters.

Performance Management Accountabilities

• Demonstrate commitment to corporate values.
• Take accountability for participating in the performance management cycle.
• Take action to improve performance on the job.Assist and support co-workers.Take action to manage own personal development.

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