Underwriter, Marine

QBE Asia; Petaling Jaya; Hybrid; MYR 180,000 - 280,000; Full time

Benefits offered by this job

Flex work

Hybrid option

WFH policy

Well-being programs

Pensions

Medical benefits

Online learning

Family care leave

Study leave

Marriage leave

Employee rewards

Job summary

QBE Asia in Malaysia is seeking an experienced underwriter to lead underwriting activities and P&L responsibility across multiple product lines, including Marine and other lines. The role involves managing intermediary relationships and driving service delivery, product development, and innovation, with a hybrid working model in Malaysia.

The successful candidate will be responsible for risk evaluation, market awareness, and ensuring adherence to underwriting standards and regulatory

Qualifications

• 7+ years working experience in the insurance industry.
• Degree or equivalent qualification preferable.

Responsibilities

• Underwrite activities and manage P&L across multiple product lines.
• Maintain and develop relationships with intermediaries and business partners.
• Evaluate risk for new business and renewals to ensure profitable growth.
• Ensure compliance with legal and regulatory requirements in underwriting.
• Develop and maintain relationships with customers and brokers to grow GWP.

Skills

Analytical Thinking

Business Management

Negotiation

Data Analysis

Regulatory Compliance

Stakeholder Management

Insurance Underwriting

Decision Making

Education

Degree or equivalent qualification

Job description

Primary Details

Time Type: Full time Worker Type: Employee Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.) and managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.

Role Highlights

• Malaysia, Hybrid and Full Time
• Led underwriting and P&L across multiple product lines, managing intermediary relationships and driving service delivery, product development, and innovation.
• Happy to talk flexible working

The Opportunity

Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine.) and managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.

Your New Role

• Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine)
• Responsible for managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.
• Responsible for managing overall business relationship with MTPs and brokers in the area of GWP Growth.
• Ensure the ongoing personal technical development to achieve ideal DAL state.
• Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth.
• Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately.
• Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.
• Adhere to underwriting standards, instructions and good practice to minimize risks and maximize efficiency.
• Develop and maintain good working relationships with all customers, intermediaries and internal stakeholders.
• Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines.
• Key Performance Indicator on Growth & Profitability - GWP including Renewal and New Business vs.Plan, GWP per Underwriter; NCOR % and UW profit for Corporate channel; Renewal retention rate and New Business pipeline in Salesforce; APTP / Rate Adequacy.
• Key Performance Indicator on MTP and Broker Servicing & Satisfaction - Broker survey results.
• Key Performance Indicator on Achieve overall local underwriting governance requirement and internal audit: Cell reviews completed timely each month, required actions identified and monitored until complete; Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management.

About You

• 7+ years working experience with substantial experience gained within the insurance industry.
• Degree or equivalent qualification preferable
• Established customer/broker relationships
• Extensive knowledge of relevant market conditions for specific class/portfolio.
• Strong level of numeracy and literacy skills and strong negotiating skills.
• Ability to analyze data and use for decision-making.
• Strong knowledge of QBE underwriting process and procedures

About QBE

What if you could have a positive impact - at work and in the world?

At QBE, we’re enabling a more resilient future - for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the centre of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And with more than 13,000 people working across 27 countries, our scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.

QBE Asia’s operations is part of the QBE International Division, and has had a presence in Asia for more than 130 years with offices in: Singapore, Hong Kong & Macau, Malaysia and Vietnam. We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers, business partners, people and the community. We support ESG efforts through the QBE Foundation, which helps to create strong, resilient and inclusive communities, by focusing investment and efforts on two key areas where we believe we can have the greatest impact - climate resilience and inclusion.

Benefits

Excited to share our comprehensive benefits package at QBE!

• Flex and hybrid working options
• Work from home policy
• Paternity leaves matching with maternity leave
• Well-being programs
• Pensions
• Medical benefits
• Globally, access to online learning via LinkedIn Learning
• On top of annual leaves, 3 additional days off (Family care leaves)
• Study leave
• Marriage leave
• Internal Appreciation program with points to redeem nice merchandize and life experiences

Join us and enjoy a work environment that values your well-being and personal growth!

Your career at QBE - Let’s make it happen.

Skills

Analytical Thinking, Business Management, Critical Thinking, Customer Service, Decision Making, Financial Advising, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Analysis, Portfolio Management, Prioritization, Regulatory Compliance, Risk Management, Stakeholder Management

Application Close Date: 29/09/2026 11:59 PM

Equal Employment Opportunity

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.