Senior Executive - Underwriter -Insurance - Marine , Aviation & Transport

Two95 International Inc.; Kuala Lumpur; On-site; MYR 90,000 - 150,000; Full time

Job summary

Two95 International Inc. in Malaysia seeks a Senior Executive (MAT) - Marine, Aviation & Transportation Underwriting to manage a renewable book and provide strategic underwriting guidance. You will assess risk, determine terms, and contribute to profitability.

Key duties include risk analysis, pricing decisions, and reinsurance negotiations to support growth while aligning with corporate plans. This role is office-based in Kuala Lumpur and requires strong market knowledge.

Qualifications

• Fundamentals of coverage, terms and conditions.
• Risk assessment and loss quantification.
• Understanding of insurance financial fundamentals.
• Actuarial fundamentals and ratemaking.
• Marketing and communications for profitability.
• Systems and software proficiency.

Responsibilities

• Select, analyse, and underwrite risks using pricing and reinsurance techniques.
• Negotiate facultative reinsurance on applicable accounts.
• Manage a renewable book with strategic underwriting guidance on rates, terms, and deductibles.
• Monitor book performance and recommend corrective actions for retention of desirable accounts.
• Provide input on projects to support profitable growth in a changing market.
• Participate in audits and underwriting meetings as required.

Job description

Senior Executive (MAT) - Marine , Aviation & Transportation- Underwritting

Full time & Permanent role WFO

• Primary responsibility is to manage new & existing book of renewable business through a demonstration of the following skills and abilities:

• Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyse claims and quantify losses.
• Financial proficiency. Understanding of insurance financial fundamentals and their impact on underwriting decisions.
• Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to base communications on strategic thinking. Ability to manage producer strategy.
• Systems and programs. Ability to use systems and software programs needed to conduct daily business.

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

• Within established business plans and assigned authority, select, analyse, and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results
• Negotiate facultative reinsurance on accounts where needed
• Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles
• Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts
• Provide quality and timely input on assigned projects to meet the Company’s needs in the changing market and to support profitable growth
• Participate in audits and/or underwriting meetings as required