Head of Motor Underwriting

  • 35352
  • Non-Life - Actuarial
  • |
  • Malaysia
  • |
  • Jun 11, 2019
Insurance
RESPONSIBILITIES
  • Management of the Motor Underwriting unit to ensure sustainability and growth in the portfolio through prudent risk assessment and underwriting measures.
  • Assist in developing new products in coordination with product teams.
  • Assist submissions / approvals to BNM that pertain to Motor products.
  • Periodical review of premium rates and the underwriting guidelines in the light of the prevailing market conditions as well as performance of the Portfolio to ensure continuous enhancement of the Department's profitability.
  • Responsible for managing/ setting of underwriting guidelines, SOP and underwriting controls.
  • Ensure compliance and continuous process improvement including system enhancements.
  • Manage and ensure timely submission of relevant regulatory and managements reports in order to provide the operational data for Management information and to facilitate decision making.
  • Manage the assigned team effectively, to optimize their performance to ensure achievement of the unit’s objectives.
QUALIFICATIONS
  • Possess a recognized degree in Insurance, Actuarial, Business Study or professional qualification in insurance.
  • Relevant working experience in insurance.
  • At least 5 years of experience in motor underwriting, analytical or pricing functions.
  • Exposure to insurance businesses/models and across markets.
  • Experience in leading functional teams.
  • Result oriented, committed, team player, positive working attitude, good communication and interpersonal skills.
  • Very strong analytical/numerical skills.
  • Computer literate, especially in MS Word, Excel, Power Point.
  • Able to strategize and drive execution.
  • Ability to interact with and influence senior stakeholders.