Assistant Underwriter

3.0

Job Type   /   Job Level

Full-time   /   Others/Any

Company Location

Malaysia

Key Responsibilities

JOB DESCRIPTION

Key Responsibilities

Underwriting & Risk Assessment

Assess, price, and underwrite Marine & Specialty risks within delegated authority.
Evaluate risk exposures, coverage requirements, policy terms, and pricing adequacy.
Ensure underwriting decisions are aligned with company guidelines and risk appetite.
Prepare underwriting referrals for risks exceeding authority levels.
Maintain underwriting profitability and portfolio quality.

Broker & Client Management

Build and maintain effective relationships with brokers, agents, and business partners.
Respond to underwriting enquiries, quotations, renewals, and policy amendments in a timely manner.
Provide technical advice and insurance solutions to support business growth.
Participate in broker visits, presentations, and market engagement activities.

Portfolio Development

Support portfolio growth initiatives through new business development and retention of profitable accounts.
Monitor market developments, competitor activities, and emerging risks.
Assist in portfolio reviews and renewal strategies to improve underwriting results.

Operational Excellence

Ensure accurate and timely issuance of quotations, policies, endorsements, and renewals.
Maintain high service standards and turnaround times.
Contribute to process improvement initiatives to enhance operational efficiency.

Compliance & Governance

Adhere to underwriting guidelines, regulatory requirements, and company policies.
Maintain proper underwriting records and documentation.
Support audit, compliance, and governance requirements as required.

Qualifications

Bachelor’s Degree in Business, Insurance, Finance, Economics, or related discipline.
Minimum 5 years of Marine and/or Specialty underwriting experience.
Strong knowledge of Marine Cargo and related Specialty insurance products.
Good analytical, negotiation, and risk assessment skills.
Strong communication and relationship management capabilities.
Ability to work independently and manage multiple priorities.

Jobs in Malaysia » Jobs in Federal Territory of Kuala Lumpur, Malaysia » Assistant Underwriter

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