Senior Executive/ Assistant Manager, Engineering Underwriter

Allianz

Kuala Lumpur

On-site

MYR 90,000 - 130,000

Full time

14 days+
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Job summary

Allianz Malaysia is seeking an experienced Engineering Underwriter to assess, price, and underwrite complex engineering risks, ensuring contract certainty and adherence to risk appetite. You will work with agents, brokers and corporate clients to deliver profitable growth while maintaining underwriting discipline.

You will leverage technical data, collaborate with Claims, Risk Engineering, and Reinsurance teams, monitor portfolio performance, and stay abreast of market trends in the construction

Qualifications

  • Experience in the insurance or reinsurance industry is preferred.
  • AI literacy and digital acumen will be an added advantage.
  • Advanced underwriting expertise in engineering.
  • Strong relationships with brokers, agents, and clients.

Responsibilities

  • Underwrite submissions and assess proposals per guidelines.
  • Prepare quotations, policy documents, and endorsements accurately.
  • Negotiate terms with intermediaries to fit risk acceptance.
  • Monitor work on hand and prioritize tasks to turnaround times.
  • Develop and maintain relationships with brokers, agents, and partners.
  • Drive profitable opportunities while maintaining underwriting discipline.
  • Collaborate with Claims, Risk Engineering, Reinsurance, and Operations teams.
  • Maintain underwriting records and ensure regulatory compliance.

Skills

Engineering underwriting
Portfolio management
Risk assessment
Reinsurance basics
Business development
Negotiation skills
Cross-selling
Stakeholder management

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

Looking for a career that allows you to take ownership of your work?

In the role of Engineering Underwriter, you’ll be responsible for assessing, pricing, and underwriting complex engineering and technical risks to ensure contract certainty, proper documentation, and adherence to internal risk appetite and guidelines. This role focuses on driving profitable growth for the engineering portfolio by analyzing technical data, structuring policy terms, and building strong relationships with agents, brokers and corporate clients.

This is an exciting opportunity for an experienced underwriter to ensure service standards, underwriting quality, and business growth objectives are maintained. You will work closely with agents, brokers and internal stakeholders to identify, shape, and secure high-quality opportunities while maintaining underwriting discipline and profitability

You'll be responsible for:
  • To underwrite and assess the submission of proposal for insurance in accordance with the Company guidelines and its inherited exposure.
  • To prepare quotations, policy documentation, and endorsements accurately and within established service standards.
  • To determine and discuss with intermediaries the appropriate terms and conditions applicable to risk acceptance.
  • Establish process to effectively monitor work on hand and set priorities to complete tasks within turnaround time.
  • Develop and maintain strong working relationships with brokers, agents, and distribution partners.
  • Negotiate and secure profitable business opportunities while maintaining underwriting discipline.
  • Collaborate closely with Claims, Risk Engineering, Reinsurance, and Operations teams to deliver effective underwriting solutions.
  • Monitor and manage portfolio performance to support profitable growth.
  • Maintain accurate underwriting records and ensure compliance with company policies, underwriting guidelines, and regulatory requirements.
  • Support departmental projects, process enhancements, and continuous improvement initiatives.
  • Deliver expert underwriting guidance to clients and market partners.
  • Support team members across all operations to maintain smooth and efficient departmental workflow.
  • Stay informed of market developments, industry trends, and emerging risks within the Construction sector.
  • Any other duties as and when deemed necessary.
Important to your success:
Qualifications:
  • Experience in the insurance or reinsurance industry is preferred.
  • AI literacy and digital acumen will be an added advantage.
Technical Skills
  • Advanced Engineering underwriting expertise.
  • Portfolio management and optimization.
  • Risk assessment, evaluation, and pricing capabilities.
  • Sound understanding of reinsurance principles.
Commercial Skills
  • Strong business partner relationship management.
  • Business development and portfolio growth mindset.
  • Effective negotiation and stakeholder management skills.
  • Ability to identify and pursue cross-selling opportunities.
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