Exec / Snr Exec, Retail Non-Motor Underwriter
Kuala Lumpur, MALAYSIA
Job description
Do you want to work in a high-trust culture where you’ll feel empowered to make decisions that result in impact?
You will be responsible for assessing and underwriting non-motor insurance risks, including property, liability, and specialty lines, within the retail sector. This role involves evaluating applications, determining coverage terms, and ensuring adherence to underwriting guidelines to achieve profitable growth.
You'll be responsible for:
- Assess and evaluate non-motor insurance applications, ensuring compliance with underwriting guidelines and company policies.
- Analyze risk factors and determine appropriate coverage terms, pricing, and conditions.
- Collaborate with brokers, agents, and clients to gather necessary information for underwriting decisions.
- Develop and maintain strong relationships with key stakeholders to facilitate effective communication and negotiation.
- Monitor and review existing policies to ensure ongoing compliance and profitability.
- Provide product training & technical underwriting expertise and guidance to junior underwriters and other team members.
- Stay informed of industry trends, market conditions, and regulatory changes to ensure competitive and compliant underwriting practices.
- Contribute to the development and implementation of underwriting strategies to achieve business objectives.
- Prepare and present reports on underwriting activities, performance, and market insights
Important to your success:
- Bachelor's degree in Business, Finance, Insurance, or related field preferred.
- Proven experience in non-motor underwriting, preferably within the retail sector.
- Strong data analytics skill and attention to detail.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a team.
- Proficiency in underwriting software & tool and Microsoft Office Suite.
- Knowledge of regulatory requirements and industry best practic
- Ability to leverage AI tools like ChatGPT for automating routine tasks and enhancing productivity.
Disclaimer: Thank you for your interest in joining our team. Due to the high volume of applications we receive, we are unable to provide individual feedback to every applicant. If you do not hear from us within 14 days of submitting your application, please assume that you have not been selected for this position.
Important: All updates regarding your application status will be communicated via email. Please ensure you frequently check your email for updates and further instructions
Note: Allianz will not accept any forward unsolicited resumes from any source to our employees email other than directly from a candidate. We will not be responsible for any fees and charges impose