Kerja Sepenuh Masa, Senior Underwriter di Labuan Reinsurance (L) Ltd - Official Page Federal Territory - Maukerja

Labuan Reinsurance is one of the largest local growth Reinsurance companies with more than 35 years in Global General Reinsurance. We currently looking for candidates for the Head of Facultative Underwriting based in our Kuala Lumpur office.

Job Description

Manage the MGA, Casualty & Financial Lines division whose primary objective is to drive, construct and manage the MGA, Casualty & Financial Lines portfolio for the underwriting team which includes being a referral underwriter for the Facultative and Treaty team for those said lines.

Your Key Responsibilities focus on:

Underwriting

• Underwrite MGA and Facultative Casualty & Financial Lines risks including as a 4-eye referral point for Financial Lines and Casualty classes for other divisions

People Management

• Guide the team on underwriting risk exposure analysis including motivating team to achieve higher standard of performance
• Supervise subordinates’ day to day activities

Training

• Conduct training periodically internally (underwriters, claims) and externally (clients)

Marketing

• Generate business through marketing efforts for MGA Casualty and Financial Lines risks

Portfolio Management

• Assist the Head in managing the portfolio through performance management reports and usage of analytics to optimize the portfolio

Strategy construction and execution

• Contribute to construction of strategy, execute and monitor business plans
• Focus on continuous process improvements to achieve higher operational efficiency

Job Requirement

• Bachelor’s degree in any related field.
• Possess a professional insurance qualification such as ACII, AMII or CII.
• Have a minimum of 5 years relevant working experience in the related function
• Basic Treaty underwriting assessment including knowledge of Long Tail, Short Tail, Proportional Pricing Tool Fundamentals will be an advantage
• Casualty (CGL, Products Liability), Financial Lines facultative (D&O, PI, BBB, Medmal) risks assessment
• Intermediate to expert level of Excel with extensive usage of pivot tables, pivot charts and ability to cut and slice data from our internal booking system will be an advantage