Senior Property Underwriter

Chubb; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Chubb in Kuala Lumpur is seeking a property underwriter with leadership to evaluate, price, and manage property risks. You will apply policy guidelines, review risk, and contribute to portfolio profitability.

You will mentor junior staff, liaise with brokers and clients, and drive production metrics while maintaining underwriting discipline and compliance with Bank Negara Malaysia guidelines.

Qualifications

• Minimum 5 years of property insurance underwriting experience.
• Experience with production management.
• Strong analytical skills and data interpretation.

Responsibilities

• Evaluate and underwrite property insurance submissions in accordance with company policies and risk appetite.
• Analyze risk characteristics, loss history, and exposure data to determine appropriate terms, conditions, and pricing.
• Review and approve risks within delegated authority; escalate when needed.
• Monitor and report on production figures, including new business, renewals, and retention rates.
• Work with the team to achieve production targets and profitability goals.
• Identify and pursue opportunities for portfolio growth and improvement.
• Assist in training and mentoring junior underwriters and support staff.
• Provide technical guidance and support to the underwriting team.
• Foster a collaborative and high-performance team environment.
• Build and maintain strong relationships with brokers, agents, and clients.
• Represent the company in meetings, presentations, and negotiations as required
• Accountable for adherence to all fire related policies / frameworks / guidelines / SOPs and for ensuring accurate, timeliness and completeness of work.
• Ensure adherence to Chubb’s policies and procedures for fire underwriting and processing, including Bank Negara Malaysia guidelines.

Skills

Underwriting

Production management

Data analysis

Education

Bachelor’s degree in Insurance, Business, Finance, or a related discipline

Tools

Insurance systems

Microsoft Office

Job description

Plays a key role in supporting the underwriting team by evaluating, selecting, and pricing property insurance risks. This position is also responsible for monitoring and driving production figures, ensuring the achievement of departmental targets while maintaining underwriting discipline and compliance with company guidelines.

Major Duties And Responsibilities

• Evaluate and underwrite property insurance submissions in accordance with company policies and risk appetite.
• Analyze risk characteristics, loss history, and exposure data to determine appropriate terms, conditions, and pricing.
• Review and approve risks within delegated authority; escalat...
• Monitor and report on production figures, including new business, renewals, and retention rates.
• Work with the team to achieve production targets and profitability goals.
• Identify and pursue opportunities for portfolio growth and improvement.
• Assist in training and mentoring junior underwriters and support staff.
• Provide technical guidance and support to the underwriting team.
• Foster a collaborative and high-performance team environment.
• Build and maintain strong relationships with brokers, agents, and clients.
• Represent the company in meetings, presentations, and negotiations as required
• Accountable for adherence to all fire related policies / frameworks / guidelines / SOPs and for ensuring accurate, timeliness and completeness of work. Repeated lapses or non adherence to policies and procedures will result in performance and consequence management actions in accordance with Company guidelines.
• Ensure adherence to Chubb’s policies and procedures for fire underwriting and processing, which adopted the requirements under Bank Negara Malaysia’s policy document, guidelines and specification letters on ‘Phased Liberalisation of Motor and Fire Tariffs’ and the relevant governance process on pricing, product approval and performance monitoring for motor and fire business.

Qualifications

• Minimum 5 years of property insurance underwriting experience, including exposure to

production management

• Demonstrated success in achieving production and profitability targets
• Bachelor’s degree in Insurance, Business, Finance, or a related discipline
• Strong proficiency in insurance systems and Microsoft Office Suite
• Professional insurance qualifications such as CPCU or ACII will be an advantage