Job Description

Key Objective

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; escalate complex cases as 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. 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

Senior Property Underwriter