全职 Assistant Vice President, Underwriting Motor 工作, 薪水, Takaful IKHLAS Federal Territory 公司招聘中 - Ricebowl

Assistant Vice President, Underwriting (Motor)

General Underwriting and Business Operations

Takaful Ikhlas General Berhad

Job Purpose

• Assist in managing the daily operation and functionality of the department relating to assessing, underwriting and approval of quotations, certificates, and endorsements.
• To ensure that all underwriting and other related tasks are performed within the underwriting guideline and standards to meet shariah and compliance requirements.
• In carrying out duties, to ensure that the outcome will support Company's goals in achieving growth and profitability.
• Exercise prudence in underwriting decisions.
• To ensure that cost control measures and requirements are observed in every activity.
• Maintain highest level of professional and integrity in carrying out of duties.
• To build networks and good working relationships within the Company and outside to support Company's goals.

Job Responsibilities

• Examines and evaluate documents such as proposal, quotation slips, tender, inspection reports and other relevant data to determine degree of risk, underwriting and market selection in accordance with underwriting guidelines.
• Assess the risk, determine the loading and excess applicable, and determine the terms and conditions to manage risk exposure, decision to accept or reject quotations within the underwriting limit set.
• Manage policy servicing administration and reporting.
• Monitor policy processing, new business, renewals, and endorsements approval.
• Assisting sales and support staff in resolving problem areas and enquiries.
• Supervise, monitor, and review executive functions and performance.
• Reviewing productivity, performance, and administrative effectiveness.
• Monitoring track records and filings of all related documents for audit and compliance purposes.
• Check, verify and ensure data is updated in ISM NCD system regularly.
• Prepare requirements for system enhancements.
• Communicates in writing or verbally to obtain further information to assist in decision making process.
• Assist Vice President on other related matters of the general operations underwriting department.
• To carry out all other duties and tasks as request by Management and/or Superiors as and when required.

Qualification & Requirement

Possess a Diploma/ Degree in insurance or Business Studies, with a minimum of 10 years underwriting experience, particularly in the Motor Class.