Business Pack Underwriter Position

5 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia American International Group Full time

About the Opportunity

American International Group is seeking an experienced General Insurance Underwriter to join our team. As a key member of our underwriting team, you will be responsible for developing and implementing insurance solutions that meet the needs of our customers.

Key Responsibilities:

  • Develop and implement sales strategies, product development, pricing, planning & coordinate marketing activities with distribution channels.
  • Provide comprehensive product training for all channels, including SME risk appetite and identify areas for growth.
  • Contribute to the overall strategic direction and development of the SME portfolio, review of electronic trading platform (Transact) business rules and rating algorithm, and improvements in operational efficiency.

Performance Metrics:

  • Execute and measure performance of distribution channels assigned (Agents & Brokers) to achieve business targets. Expected hit ratio of 60% on new business and retention ratio of 86% for the renewals.
  • Assist HOD with the development and roll-out of any new products.
  • Work closely with Corporate Communication and Legal to coordinate all marketing and communication activities, materials, and collaterals in conjunction with any new products launched.
  • Lead and coordinate UAT activity for the department.
  • Responsible for underwriting and portfolio management of the department. Quarterly review of business rules and recommend areas of improvement.
  • Assist HOD on any other ad-hoc tasks, assignments, projects, reports, presentation, training, marketing & communication materials for the department.

Requirements:

  • Bachelor's degree
  • AMII or ACII (Added advantage)
  • 5 years + in the insurance industry specifically Commercial Insurance
  • Competencies Required: Problem solving, Decision making, Analytical, Communication, Initiative


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