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Open nowPosted 503 days ago

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

Workable (global search)109,826 open roles

Where
Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
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Your applicationOpen nowSenior Executive - Underwriter -Insurance - Marine , Aviation & TransportWorkable (global search) · Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

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The clock on this job

Early applications get read.

7.9% of postings close within 7 days. Measured by our own scanner across the market. Workable (global search) postings stay open a median of 2 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 7.9%7 days
  4. 14.9%14 days
  5. 34.0%30 days
This job: posted 503 days ago

Workable (global search) median: 2 days open

The posting

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.

Requirements

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
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