- Federal Territory of Kuala Lumpur Malaysia
Chubb Hiring! Full Time Assistant Underwriter in Federal Territory of Kuala Lumpur - Ricebowl
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Job Description
Responsibilities
Key Responsibilities
JOB DESCRIPTION
Key Responsibilities
Underwriting & Risk Assessment
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.
- 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.
- 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.
- 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.
- Adhere to underwriting guidelines, regulatory requirements, and company policies.
- Maintain proper underwriting records and documentation.
- Support audit, compliance, and governance requirements as required.
- 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.
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