Surety Underwriting Manager
6 months ago
Job Summary- To provide technical underwriting expertise and guidance to Business Units and Underwriters under direct supervision and specializing in a line of business or product line, to enable achievement of business plan and the delivery of excellent customer service.- Job Accountabilities - Key Accountabilities- Contribute to the implementation of underwriting strategies (e.g. pricing) and solutions (e.g. product development, underwriting tools and processes) for a portfolio, line of business or product line.
- Develop knowledge in product line and industry.
- Monitor underwriting strategy relating to performance metrics, data and insights.
- Operate within established organization Risk Policy, Global Underwriting Policy and underwriting governance policies.
- Contribute to development of technical underwriting guidelines, and Best Practices, including controls and procedures.
- Work on projects of low to moderate complexity.- Handle queries within delegated authority.- Support aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business.- Monitor Technical Price accuracy and supports Technical Price Certification.- Contribute to the Technical Underwriting Review Process.- Participate in compliance-related queries, including regulatory exams and insurance department inquiries.- Anticipate, recognize and respond to needs of customers.- Support implementation of customer initiatives.- Provide status updates.- Resolve technical problems by referring to policies, procedures, specifications.- Compare alternatives for solving problems or improving procedures or products and provide recommendations.- Provide technical expertise for short-term, defined scope projects.Job Functions- May provide recommendations on aspects requiring change or remedial action.
- May contribute to the development of technical standards, controls and practices in line of business or product line.
- May monitor accumulations elements, where appropriate to the line of business.
- May contribute to underwriting technical training content development.
Job Qualifications- Required:
- Bachelors Degree and 2 or more years of experience in the Claims or Underwriting area
OR- High School Diploma or Equivalent and 4 or more years of experience in the Claims or Underwriting area
OR- Zurich Certified Insurance Apprentice including an Associate Degree and 2 or more years of experience in the Claims or Underwriting area
AND- Microsoft Office skills
Preferred:
- Strong listening, verbal and written communication skills
- Strong verbal and written communication skills
- Insurance industry experience
Business Accountabilities- Review and analyze project performance using standard reporting tools and highlight discrepancies against plan.
- Identify and comply with the main principles relevant to legal and regulatory controls that govern standard work practices.
- Collect data from well
- established sources and analysis, recommendations and commentary to facilitate underwriting decision-making.
- Monitor underwriting business processes in order to identify opportunities for improvement.
- Review and analyze customer service levels using standard reporting tools and highlight discrepancies to more senior colleagues.
- Provide detailed procedural advice to internal clients to ensure that internal standards are adhered to.
**You are the heart & soul of Zurich**
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives.
Let’s continue to grow together
- Location(s): MY - Kuala Lumpur
- Remote working:
- Schedule: Full Time
- Recruiter name: Tarenjit Kaur
- Closing date:
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