company-logo-image

Manager, Insurance Job

ashley-avatar-image

AI-generated summary

beta

This job is about managing insurance for a company. You might like this job because you'll negotiate better coverage, analyze claims data, and help develop community programs—all while keeping the team's goals in mind!

Undisclosed

Selangor, MY, Kuala Lumpur

Job Description

The Job

  1.  
    • Organizing, planning and implementing the Group Insurance Division strategy to align with UMW's Group vision, mission and values.
    • Negotiating for competitive rates, better terms and conditions with optimum coverage and at the most economical costs for group premium savings.
    • Placement of Group Insurance Coverage with insurance brokers local and abroad.
  2.  
    • Establishing the Insurance Master Risk Profile for UMW Non-Motor group for adequacy of coverage and better claim management. 
    • Analyzing statistical data on UMW Group claims and construct probability tables to forecast risk and liability for group benefits.
    • Updating the Insurance Management System (IMS) and to capture the group risk profile for risk analysis and management.
  3.  
    • Ensuring GID & K Insurance Sdn Bhd comply with the SLA and to ensure minimal operational issues.   
    • Ensuring the success of the Bumiputera Vendor Development Program (BVDP) between K Insurance Sdn Bhd and UMW Group.
  4.  
    • Organizing risk surveys for better risk assessment and risk mitigation with the assistance of Insurance companies and brokers.
    • Focusing on value creation to the group for excellent customer service that complies with best professional practice and regulatory requirements, productivity and continuous improvement.    
  5.  
    • Preparing periodical reports, business plan and executing all matters affecting operational, implementation and to comply with all instructions from Executive Director Group Management Service.
    • Providing advice and information on current market trends for insurance industry to management and the group.
    • Reviewing performance and personal development of all staff and maintaining the staff engagement at GID.    
  6. Coordinating and administering the Business Continuity Management (BCM) as Business Continuity Leaders (BCL) for GID and Damage Assessment Team Chairman for UMW Corporation    
     


Job Requirements

The Person

  • Academic Qualifications    
    • Degree in Insurance or Business Management or equivalent.
  • Work Experience    
    • Min 1O years in Insurance and/or Physical Risk Management.
  • Knowledge    
    • Insurance knowledge both Motor and Non-Motor as well as life insurance and risk management.
  • Skills 
    • Good Communication skills,   Problem solving skills, Proactive, Professionalism, Task orientation, Computer Literate and Inter personal skills.    


Company Benefits

Diversity

Be part of our talent community to grow your passion in unimaginable ways and diverse industries.

Wellbeing support

We offer a competitive benefits package and a supportive workplace environment that embraces innovative thinking.

Career growth

The UMW Management Trainee Programme takes aspiring young talents through a year-long development programmes and job rotations!


Additional Info

Company Activity

Last active - few days ago


Company Profile

UMW-logo-image

UMW

As a leading industrial enterprise, UMW is all about shattering the boundaries of perceptions, challenges and what others deem impossible. We carry this ideal with a global interest in four Strategic Business Units - the Automotive, Equipment, Manufacturing & Engineering and Aerospace industries. This very same drive has allowed us to thrive in Malaysia and to traverse international shorelines, with a strong...