Underwriter

We are currently hiring a Underwriter to join the P&C team in Malaysian Branch. This role is responsible for holding the enterprise-wide responsibility to develop and execute a country-level strategy for Korea, or as decided by the Head of Treaty, which will drive value creation in line with the Branch’s business strategy.

You can look forward to

Underwriting

- Underwrite and maintain Treaty business within the delegated authority, in accordance with the underwriting principles, procedures, relevant guidelines and align with group and local strategy.

Marketing & Business Development

- Conduct quantitative and qualitative analyses of treaty submissions, negotiate treaty structures, terms and wordings, and handle inquiries from clients and brokers in line with underwriting guidelines and branch business strategy.

- Develop and maintain business relationships with clients and brokers to support sustainable portfolio growth and long term value creation.

Stakeholder Engagement & Management

- Effectively communicate with the immediate team as well as the wider P&C business units. Manage business partner relationships, stakeholder engagements and apply effective negotiation skills. Contribute meaningfully to growing and maintaining the portfolio with an emphasis on technical results.

Reporting

- Review performance of designated portfolio, assist in preparing reports (board, management, ad hoc); Liaise with Technical Accounting to ensure accounts are up to date and monitor portfolio to measure variance from set targets.

Administration

- Maintain adequate procedure, record and administration on relevant document management and underwriting systems within scope of work.

You come equipped with

- Bachelor’s degree in insurance, Engineering, Risk Management, Finance, Actuarial Science, or a related field.

- A minimum of 5 years’ of relevant experience in Property & Casualty (P&C)/ Non-Life insurance/reinsurance sector, preferably with exposure to treaty underwriting.

- Good knowledge and understanding of the Korea insurance/reinsurance market

- Familiarity with regional market dynamics, client needs, and regulatory environments

- Ability to communicate in Korean and English fluently to communicate and serve Korean speaking customers.

- Strong underwriting and portfolio building skills.

- Ability to interpret complex data, loss trends, and actuarial models for informed decision-making.

- Proficiency in underwriting tools and Microsoft Office; familiarity with actuarial/pricing software is an advantage.

- Willingness to travel for client and broker meetings, as required.

- Negotiation and Networking

- Attention to detail and problem-solving

- Independently and proactively manage designated works and support colleagues if required

- Good understanding of insurance/reinsurance

- System and process management

- Numeracy

- Problem-solving skills and a logical approach to work

- Good in contract wording construction & interpretation

- Ability to manage and optimize their portfolio of clients.

- Ability to work both in a team and independently whenever the situation requires.

- Corporate and profit oriented thinking and acting.

- Competence and confidence when dealing with internal or external customers.

- Strong interpersonal skills.

- Organised and ability to multitask.

- Resilient and adaptability to change.

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome! Apply withjust one click on the “Apply now“- button and become part of our diverse team!

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com/en/career .