company-logo-image

Marine Underwriter

ashley-avatar-image

AI-generated summary

beta

This job is for a Marine Underwriter who evaluates and manages insurance risks for boats, art, jewelry, and more. You might like this job because you get to shape company strategies, mentor others, and work with various teams to craft unique insurance solutions!

Undisclosed

Malaysia, Kuala Lumpur

Job Description

Key Objective

  • We are seeking an experienced and strategic Senior Underwriter specializing in Marine and Specialty insurance lines to manage and enhance our underwriting operations. The successful candidate will lead underwriting activities for marine cargo, hull, yacht, marine liability, fine art, jewelry, plant and equipment, and freight liability.
     

Major duties and responsibilities

  • Evaluate and underwrite risks related to marine cargo, yacht, hull, marine liability, fine art, jewelry, and other specialty lines in accordance with company guidelines and policies.
  • ⁠Develop and execute strategies to achieve profitable growth, optimize portfolio performance, and ensure competitiveness within the marine and specialty insurance markets.
  • Provide expert advice and solutions to intermediaries, clients, and internal stakeholders on complex underwriting matters.
  • Regularly analyze market trends, monitor portfolio performance, and proactively adjust underwriting strategies.
  • Collaborate effectively with sales, claims, product development, and operations teams to provide comprehensive insurance solutions.
  • Ensure strict compliance with regulatory requirements and internal underwriting standards.
  • Mentor junior underwriters, enhancing their technical knowledge and professional capabilities through ongoing training and support
  • Employ strategic thinking and clear, professional communication to negotiate effectively, ensuring mutual respect and clarity in interactions.
  • Set firm yet fair boundaries in negotiations, framing positions as beneficial and fostering a collaborative approach.
  • Undertake other responsibilities and/or projects as and when assigned.


Job Requirements

Qualifications

Skills

  • Strong analytical, decision-making, and strategic planning skills.
  • Excellent interpersonal and communication abilities for effective relationship management.
  • Proven capability to work collaboratively in a fast-paced environment.
  • Thorough understanding of marine and specialty insurance markets and regulatory requirements.
  • High degree of integrity, professionalism, and customer-oriented mindset.
  • Demonstrated ability to communicate professionally, clearly, and strategically, employing measured negotiation skills.
  • Sense of urgency


Experience

  • Minimum of 7 years of underwriting experience in Marine and Specialty insurance.
     

Qualifications

  • Bachelor’s degree and/or professional insurance qualifications (e.g. AMII).


Company Benefits

Professional career growth

Chubb makes substantial investments in its people so they have opportunities to grow professionally.

Chubb associate program

Get connected with the training, development, mentoring and experiences you’ll need to grow at our company!

Mobility

Employees are exposed to a variety of markets and ongoing opportunities to learn, network, progress and succeed.


Additional Info

Company Activity

Last active - few days ago


Company Profile

Chubb-logo-image

Chubb

Protecing the present and building a better future At Chubb, we assess, assume and manage risk with insight and discipline. Chubb is a world leader in insurance. Chubb’s operation in Malaysia (Chubb Insurance Malaysia Berhad) provides a comprehensive range of general insurance solutions for individuals, families and businesses, both large and small through a multitude of distribution channels. With a strong...