324 Insurance jobs in Malaysia

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Direct message the job poster from Generali Malaysia

Job Summary:

• Lead and oversee the IFRS17 financial reporting function, ensuring compliance with regulatory and Group standards. Responsible for strategic direction, team leadership, and cross-functional coordination to deliver high-quality financial insights and reporting under IFRS17

Responsibilities:

1. IFRS17 Financial Reporting and Analysis

• Oversee the preparation and review of IFRS17-compliant financial reports, including monthly, mid-year, and year-end statements.
• Ensure accuracy, timeliness, and compliance with IFRS17 standards and internal policies.
• Present key financial insights and performance indicators to senior leadership to support strategic decisions.

2. Governance, Controls & Methodology

• Establish and maintain robust internal controls and governance frameworks for IFRS17 reporting.
• Ensure methodologies are up-to-date and aligned with Group standards and regulatory requirements.
• Lead responses to internal and external audit queries, ensuring transparency and compliance.

3. Process Optimization & System Enhancement

• Drive continuous improvement in reporting processes, systems, and tools.
• Collaborate with IT, Actuarial, and Finance teams to enhance data quality, automation, and reporting efficiency.
• Ensure SOPs are documented and maintained for all critical processes.

4. Stakeholder Engagement & Cross-functional Collaboration

• Act as the key liaison with Group Office, Actuarial, Risk, Product, and external consultants.
• Lead cross-functional initiatives and ensure alignment across departments on IFRS17-related matters.

5. Team Development & Talent Management

• Mentor and develop team members, fostering a high-performance culture.
• Identify training needs and support professional development within the IFRS17 team.

6. Ad-hoc Projects & Strategic Initiatives

• Lead or support strategic projects involving IFRS17 expertise, including system upgrades, financial restructuring, and regulatory changes.

Requirements:

1. Education

• Candidate with degree in Actuarial Science or equivalent University degree with good progress of actuarial professional papers.

2. Experience

• Minimum 8 years of experience in the life insurance industry, with at least 3 years in IFRS17 reporting and 3 years in leadership role.

3. Skills

• Strong leadership and stakeholder management skills.
• Excellent communication and presentation abilities.
• Deep understanding of IFRS17 standards and their practical application.
• Proficient in Microsoft Office, Prophet, and financial reporting systems.
• Strategic thinking and problem-solving capabilities.

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance
• Industries Insurance

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Job Summary

With guidance, underwrites and analyzes new and existing life insurance business within delegated authority levels to achieve business goals and enhance customer experience.

Key Accountabilities

1. Completes assignments of moderate to high complexity within delegated authority.
2. Provides technical underwriting support and guidance to customers and distributors, ensuring excellent customer service.
3. Maintains relationships with internal and external distributors by requesting correct evidence, making accurate decisions, and explaining rating decisions clearly.
4. Handles queries and referrals within authority limits, assesses exposure, and analyzes risk to uphold underwriting standards.
5. Contributes to the development and enhancement of technical underwriting standards, controls, practices, and procedures to meet business objectives.
6. Participates in developing new or improved propositions, procedures, and philosophies to ensure appropriate premium charges for risks.
7. Identifies training needs for self and others and assists with training when required.

You are the heart & soul of Zurich!

At Zurich, we encourage innovative thinking and challenge the status quo. We focus on positive outcomes and ask, "What can go right?"

We value our employees' experience and expertise, offering diverse opportunities across business areas to support your career growth within Zurich.

Let’s grow together!

Additional Details:

• Location: Kuala Lumpur, Malaysia
• Schedule: Full-Time
• Recruiter: Kamilia Kamil

We are seeking a strategic leader to oversee the Claims, Subrogation & Recovery (CSR) departments. This role involves ensuring the alignment of claims processing and recovery efforts with the Corporation's objectives, driving efficiency and effectiveness across all functions. The ideal candidate will guide the future direction of our claims and recovery strategy, focusing on processes, monitoring, and alignment with corporate goals. Join us to lead initiatives that ensure strategic alignment, drive efficiency, and enhance the effectiveness of our claims and recovery operations.

1. Develop and execute comprehensive strategies for guarantee operations that integrate billing management, guarantee monitoring, claims processing, and recovery efforts by implementing a robust system that significantly reduces operational costs, improves recovery rates, and enhances process efficiency.
2. Lead the adoption of new technologies to streamline guarantee operations and improve data analysis capabilities, resulting in more strategic decisions, higher operational efficiency, and a significant reduction in turnaround time.
3. Ensure the alignment of all departmental goals with the overall strategic objectives of the Corporation, to support sustained division growth.
4. Monitor all departmental KPIs and ensure compliance with all regulatory requirements, including CCRIS guidelines and other financial regulations.
5. Drive continuous improvement initiatives and implement best practices in guarantee operations activities.
6. Streamline operations to enhance efficiency, accuracy, and timeliness in all guarantee-related activities.
7. Lead and develop a skilled team in Guarantee Operations by providing comprehensive training and effective performance evaluations to boost overall team expertise and operational success.
8. Review and approve all departmental reports to ensure they are complete and adhere to corporate standards to support management decision-making.
9. Assume responsibility for other relevant tasks as assigned occasionally.

1. Minimum Degree in Banking, Finance, Business Administration, or equivalent.
2. Minimum 15 years of related experience in the field. Knowledge: Finance, Budgeting, Credit, Loan Monitoring, and Recovery.
3. Excellent analytical and problem-solving skills, with the ability to interpret data and make strategic decisions.
4. Strong leadership and team management skills, with the ability to motivate and inspire a team to achieve the department’s goals.
5. Excellent communication and interpersonal skills, building relationships and collaborating effectively with internal or external stakeholders at all levels.
6. Strong understanding of financial regulations and compliance requirements in billing and collections, such as Anti-Money Laundering (AML), Know Your Customer (KYC), Data Leakage Prevention Act, Personal Data Protection Act (PDPA), etc.
7. Proactive and results-oriented mindset, focusing on continuous improvement and achieving operational excellence.
8. Familiarity with emerging financial technologies, such as Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML).

• Mid-Senior level

• Full-time

• Finance

Join to apply for the Underwriting Associate, Marine role at QBE Asia

2 days ago Be among the first 25 applicants

Join to apply for the Underwriting Associate, Marine role at QBE Asia

Primary Details

Time Type: Full time



Worker Type: Employee

Assist underwriters in underwriting of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.) including triaging inquiries, preparing underwriting information, following up with intermediaries, and closing deals. Ensure compliance with internal and external regulations and guidelines.

Your New Role:

• Assist underwriters in underwriting of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.) including triaging inquiries, preparing underwriting information, following up with intermediaries, and closing deals.
• Ensure compliance with internal and external regulations and guidelines.
• Regularly collect, compile and analyze market info to share with the team.
• Support credit control in payment collection when needed by coordinating with intermediaries.
• Tracking, reporting and analyzing team’s referrals, backlogs and other productivity and efficiency related management requirements.
• Be the digital ambassador of the team.
• Recommend and implement initiatives in streamlining policies, processes and procedures to meet business needs.
• Provide interpretation and advice regarding polices, process and procedures.
• Maintain accurate data in relevant systems and databases.
• Key Performance Indicator: Deliver business results by allocated intermediaries.
• Key Performance Indicator: Meeting all operational KPIs.
• Key Performance Indicator: Risk awareness and governance.
  
  
  
  

• Minimum 3+ years of underwriting experience in insurance business together with relevant policy documentation handling experience.
• Strong analytical, communication & interpersonal skills.
• Basic knowledge of the insurance industry.
  
  
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Other, Information Technology, and Management
• Industries Insurance

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Senior Executive (MAT) - Marine , Aviation & Transportation- Underwritting

Full time & Permanent role WFO

• Primary responsibility is to manage new & existing book of renewable business through a demonstration of the following skills and abilities:

• Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyse claims and quantify losses.
• Financial proficiency. Understanding of insurance financial fundamentals and their impact on underwriting decisions.
• Actuarial fundamentals. Ability to understand loss trends and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to base communications on strategic thinking. Ability to manage producer strategy.
• Systems and programs. Ability to use systems and software programs needed to conduct daily business.

MAJOR DUTIES & RESPONSIBILITIES:

Duties may include but are not limited to:

• Within established business plans and assigned authority, select, analyse, and underwrite individual risks utilizing corporate pricing and reinsurance techniques to obtain desired results
• Negotiate facultative reinsurance on accounts where needed
• Manage a renewable book of business offering strategic underwriting guidance including rate/terms/deductibles
• Monitor results of the overall book of business assigned and recommend corrective action as necessary to insure retention of desirable accounts
• Provide quality and timely input on assigned projects to meet the Company’s needs in the changing market and to support profitable growth
• Participate in audits and/or underwriting meetings as required

What if we didn’t focus on who you are now, but who you could become?

Here at EY, you’ll have the chance to build a truly exceptional experience. We’ll empower you with the latest technology, surround you with high-performing teams, and provide the global scale and diverse and inclusive culture you need to discover your full potential. Through our coaching and training programs, you’ll develop the skillsets you need to stay relevant today and in the future – all while building a network of colleagues, mentors, and leaders who will be on the journey with you at EY and beyond.

The exceptional EY experience. It's yours to build.

The opportunity: your next adventure awaits

EY Consulting has exciting opportunities for highly motivated graduates to join our Actuarial Consulting team. You’ll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You’ll build valuable relationships with clients and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues. You will be at the forefront of issues that are shaping the insurance industry in Asia and gain a wide exposure to a diverse range of actuarial projects.

At EY, we believe your career is a journey and we are committed to providing an array of exciting opportunities to help you find the career path that is right for you.

Your key responsibilities

As an Associate in the Actuarial Consulting team, you’ll be working as part of a project team to deliver a wide range of client engagements. This includes:

• Regulatory changes, including Risk-Based Capital, Solvency II and International Financial Reporting Standards (IFRS 17)
• Merger and Acquisition (M&A) and due diligence
• Advanced financial modeling approaches and systems e.g., designing valuation and Asset Liability Management frameworks
• Valuation, pricing and product development
• Performance evaluation in areas related to financial risks, product distribution and capital issues

Skills and attributes for success

• A team player with strong communication and interpersonal skills
• Proactive, dedicated, innovative, resourceful, analytical and able to work under pressure
• Good command of spoken and written English
• Strong drive to excel professionally
• Strong leadership qualities and a good record of extra-curricular activities

What we look for

• You have an agile, growth-oriented mindset. What you know matters. But the right mindset is just as important in determining success. We’re looking for people who are innovative, can work in an agile way and keep pace with a rapidly changing world.
• You are curious and purpose driven. We’re looking for people who see opportunities instead of challenges, who ask better questions to seek better answers that build a better working world.
• You are inclusive. We’re looking for people who seek out and embrace diverse perspectives, who value differences, and team inclusively to build safety and trust.
• At least an average distinction/ 2nd upper degree in Actuarial or other related fields
• Qualification or near qualification with either the Institute and Faculty of Actuaries (UK) or the Society of Actuaries (US)
• Ideally, you’ll also have past relevant trainee/internship experiences
• A good record of extracurricular activities

What’s in it for you

• Accelerate your technical capabilities and transformative leadership skills with future-focused courses and development programs.
• Broaden your horizons by working on highly integrated teams across the globe and collaborate with people of diverse backgrounds — both professionally and culturally.
• Bring out the best in yourself with continuous investment in your personal well-being and career development.
• Develop your own personal purpose and help us create a positive ripple effect on our teams, our business, clients and society – building a better working world, together.

What you can expect

• Shortlisted candidates can expect to complete an online assessment and a self-recorded video interview.
• Attach your CV, cover letter and academic transcripts when submitting your application.

For further information, and to apply, please visit our website via the “Apply” button below.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.

• A competitive salary, and benefits to support your mental, physical, financial, and social wellbeing
• A competitive salary, and benefits to support your mental, physical, financial, and social wellbeing

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Other locations: Primary Location Only

Date: 8 Jul 2025

Requisition ID: 1620260

We are the only professional services organisation who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated consulting, assurance, tax, and transaction services.

Join this team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as leading edge services such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.

With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

The opportunity

As part of our life actuarial team, you’ll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You’ll build valuable relationships with clients and develop strong capabilities, through both formal training and working with senior mentors and talented colleagues. You will be at the forefront of issues that are shaping the insurance industry in Asia and gain a wide exposure to a diverse range of actuarial projects.

Your key responsibilities

As a Senior Associate in the Actuarial Consulting team, you’ll be leading or working as part of a project team to deliver a wide range of client engagements. This includes:

• Regulatory changes, including IFRS17 and Risk-Based Capital
• Actuarial Valuation, embedded value reviews, regulatory related reviews
• Performance evaluation in areas related to financial risks, product distribution and capital issues
• Advanced financial modelling approaches and systems e.g., designing valuation and Asset Liability Management frameworks

Skills and attributes for success

• Strong analytical and problem-solving skills
• Strong drive to excel professionally, and to guide and motivate others
• Advanced written and verbal communication skills
• Dedicated, innovative, resourceful, analytical and able to work under pressure
• Foster an efficient, innovative and team-oriented work environment

To qualify for the role you must have

• Minimum 2 years of experience in the life/family takaful actuarial team or an actuarial consulting firm
• Candidates with lesser experience will be considered for Associate position
• Actively pursuing actuarial qualifications with either the Institute and Faculty of Actuaries (UK), the Society of Actuaries (US) or the Institute of Actuaries of Australia
• Depth of experience in at least one of the following areas:
• Financial and regulatory reporting
• Valuation of life insurance/family takaful liabilities
• IFRS17
• Good understanding of economic or market issues and the ability to interpret their impact on clients
• Experience in working in a project-based, team-oriented environment, with a proven track record of delivering in face-paced and demanding environment
• Be an influential leader of the team, contribute to our positive learning culture, coach and mentor junior team members and help them to develop
• Ability to establish personal credibility quickly and demonstrate expertise

Ideally, you’ll also have

• Good knowledge of Prophet software

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player equipped with strong people management skills and a genuine passion to make things happen in a dynamic organization. If you’re ready to take on a wide range of responsibilities, and are committed to seeking out new ways to make a difference, this role is for you.

What working at EY offers

EY offers a competitive remuneration package commensurate with your work experience, where you’ll be rewarded for your individual and team performance. We are committed to being an inclusive employer and are happy to consider flexible working arrangements (FWA), where this may be needed, guided by our FWA Policy. Plus, we offer:

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

Job Summary

With direction, Underwrites and analyses new and existing life business within delegated authority levels to achieve business goals and maximize customer experience.

1. Completes assignments of moderate to high complexity while working within delegated authority.
2. Provides technical underwriting support and guidance to customers and distributors, consistently providing excellent customer service.
3. Maintains internal and external distributor relationships by consistently requesting the correct evidence, making the correct decision, and explaining rating decisions.
4. Completes a range of queries and referrals within agreed authority limits, measuring the exposure & analysing the risk of each case to maintain underwriting standards.
5. Proactively contributes to the development and improvement of technical underwriting standards, controls, practices, and procedures to better meet business goals.
6. Proactively contributes ideas and work for the development of new or enhanced propositions/procedures/philosophy ensuring we charge the right premium for the associated risk.
7. Identifies training opportunities for self and others and assists with training as directed.

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 and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

‘First’ is more than our name, it’s our nature. Cayman First is an industry-leading Property & Casualty and Health insurer, delivering best-in-class products and services to respond to the changing needs of individuals, households and businesses. Through our carefully selected network of agents and brokers, we provide protection for our customers today and prepare them for a brighter tomorrow. Cayman First maintains an A- (Excellent) financial strength rating from global credit rating agency AM Best.

PURPOSE OF JOB

We are seeking an experienced and dynamic Vice President – Health Insurance to lead our health insurance portfolio. In this executive role, you will oversee the full spectrum of operations including strategy, marketing, underwriting, administration, customer service, claims management, and overall profitability driving growth and excellence across the business.

JOB RESPONSIBILITIES

Strategic Management

· Develops strategic plans that include leveraging technology to maximize efficiency and profitability.

• Develops and oversees multi-year strategic business plan for the unit.
• Provides reports to Senior Leadership on overall business performance and other deliverables.
• Responsible for the growth of the portfolio by identifying new business and cross-selling opportunities.
• Obtains and optimizes the use of market intelligence, developing and launching suitable products and services, and cultivating a leadership role in the local industry.
• Recognizes business opportunities and threats and plans to accommodate them through long- and medium-term business development while keeping current with market trends through continuous study.
• Spearheads changes to existing protocols and policies across all levels of the organization to create a culture of excellence and profitable growth.
• Drive pricing strategies ensuring competitiveness and profitability.
• Monitor and manage the health loss ratio to ensure it remains within the set risk tolerance thresholds.
• Develop and manage the annual budget for the health unit.
• Monitor performance against budget, analyze variances, and provide actionable insights to senior leadership and the Board.
• Collaborate with the CFO on the health claims reserving (IBNR) and ensure adequate provisioning.
• Oversee the monthly renewals, monitor renewal retention rates and assess the financial impact of lapses, cancellations or lost accounts.
• Manage reinsurance programs related to health lines.
• Oversee health receivable management.
• Oversee claims recoveries from reinsurers.
• Support internal and external audits in relation to the health unit.
• Oversees the Underwriting team by providing direction and guidance on applications and establishing protocols.
• Oversees the development of new methodologies and models to assess the financial risk of the portfolio.

Claims Management

• Establishes a Claims Processing workflow that delivers acceptable levels of accuracy and timeliness.
• Manages the Claims Loss ratio and reports on trends.
• Ensures the efficiency of processing to meet all regulatory requirements.

Relationship Management

• Develops and maintains excellent relationships with the leadership team, business partners and other stakeholders, and staff.
• Maintains direct client, broker, provider, and reinsurer relations.
• Holds quarterly meetings with the HIC and proactively communicate items for awareness.

Compliance

• Ensures compliance with all company protocols, policies, and regulatory requirements.
• Develops and maintains knowledge, awareness, and understanding of company policies and procedures, goals and objectives, key performance indicators (KPI’s), plans and strategies, and work process improvements.

Customer Service

• Directs client communication and interface, which includes proactive communication, handling complaints, audit responses, account issues, and IT issues.
• Establishes the goals and objectives, standards, policies and procedures to achieve high-quality customer service outcomes in accordance with the company’s strategic plan.
• Monitor and promote increased client satisfaction.

People Management

• Provide proactive feedback to direct reports and other team members concerning possible issues, risks or areas of improvement.
• Technically manages the division through continuous training and directions of underwriting, claims, customer service, broker support and provider relations, including sign-off on exceptional underwriting and claim decisions.
• Responsible for ensuring appropriate resourcing levels through workforce planning.
• Establish operational and financials KPIs at the core of the department's performance management.

• Degree in business, finance, insurance, or economics from a recognized college or university.
• One advanced professional designation in life or health insurance, such as the FLMI, CEBS, or HIA.
• Ten years’ experience at the management level in health insurance. Two years of exposure each in underwriting, claims, operations, and customer care, preferred.
• Excellent leadership skills.
• interpersonal skills at all levels, including with cross-functional teams.
• Excellent oral and written communication skills.
• Knowledge of and familiarity with health technology solutions.

Cayman First offers a competitive compensation package with eligibility for a discretionary bonus, subsidized health insurance for employees and dependents, preferred home and motor insurance, a great company culture and work life balance. Compensation will be commensurate with experience and qualifications.