Position Details: VP - Motor Insurance Business
| Location: | Kuala Lumpur, wilayah persekutuan |
| Openings: | 1 |
| Salary Range: |
Description:
Build company strategic alignment to ensure clear development organizational opportunities and manage threats and risks. Explore difference products, pricing & underwriting options and strategies to enable optimal Motor Insurance portfolio balance between growth and profit.
Requirement
- Min 10 years working knowledge of General Insurance Managerial
- Preferably experience in underwriting, product or pricing discipline
- Degree in actuarial science, mathematics , statistic or related discipline
Key Accountabilities
- Drive planning initiative and strategizing to ensure motor portfolio growth and profitability
- Plan for portfolio mix that optimizes long term performance and return
- Drive action plan to reduce Loss ratio on Motor Insurance portfolio
- Explore different product, pricing and underwriting options and strategies to enable optimal motor portfolio balance between growth and profit
- Lead and build motor products, and to ensure the terms suit the customer needs
- Work collaboratively within product, pricing & underwriting and other team in the organization to deliver good services to business partners and customers
- develop a strong relationship management to ensure strong access to markets intel
- Planning organizational strategy to ensures adherence to all regulators, industry and company direction.
- Ensure technology is constantly evolving and to be utilized, where practical to enable fast and efficiency delivery for the organization and customers alike
- Developing new processes across the team and organization to ensure the most effective and efficient delivery of product, pricing & underwriting
- Define and review Motor Insurance portfolio underwriting guideline to optimize portfolio growth and profit
- Enhance the portfolio management framework and practices to ensure fair customer outcomes in relation to underwriting experience & regulators guidelines
- Promote training and development opportunities to keep team members interested and motivated
- Identify training and development needs of team members to raise standards and performance
- Reinforce learning from management training or other forms of development, by integrating them into an employee's working life and promoting a positive approach to these types of activities