Underwriter, Property

Petaling Jaya, Selangor, Malaysia

Job Description


Primary Details Time Type: Full time

Worker Type: Employee

Responsible for underwriting activities and P&L responsibility for products aimed at the corporate segment (i.e property, health, liability, worker\'s compensation, motor, personal accident & travel, employee compensation etc.) and managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.

Responsibilities :

  • Responsible for underwriting activities and P&L responsibility for products aimed at the corporate segment (i.e property, health, liability, worker\'s compensation, motor, personal accident & travel, employee compensation etc.)
  • Responsible for managing overall business relationship with MTPs and brokers in the area of GWP growth.
  • Ensure the ongoing personal technical development to achieve ideal DAL state.
  • Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth.
  • Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately.
  • Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.
  • Adhere to underwriting standards, instructions and good practice to minimize risks and maximize efficiency.
  • Develop and maintain good working relationships with all customers, intermediaries and internal stakeholders.
  • Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines.
  • Key Performance Indicator on Growth & Profitability \xe2\x80\x93GWP including Renewal and New Business vs. Plan, GWP per Underwriter; NCOR % and UW profit for Corporate channel; Renewal retention rate and New Business pipeline in Salesforce; APTP / Rate Adequacy.
  • Key Performance Indicator on MTP and Broker Servicing & Satisfaction - Broker survey results.
  • Key Performance Indicator on Achieve overall local underwriting governance requirement and internal audit: Cell reviews completed timely each month, required actions identified and monitored until complete; Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management.
Requirement:
  • Bachelor\'s Degree or equivalent combination of education and work experience.
  • Analytical and negotiation skills.
  • Excellent verbal and written communication skills (English).
  • Preferred Basic Knowledge of Insurance.
Application Close Date: 09/03/2023 11:59 PM

How to Apply:

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Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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Job Detail

  • Job Id
    JD897084
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Petaling Jaya, Selangor, Malaysia
  • Education
    Not mentioned