Underwriting Assistant Manager - Retail Lines

Key Responsibilities:

Underwriting & Risk Assessment

• Oversee underwriting decisions on retail general insurance risks within delegated authority levels.

• Ensure all risk assessments are accurate, aligned with company guidelines, and comply with regulatory frameworks.

• Escalate and review high-value or complex cases, providing strategic guidance.

Portfolio Management

• Monitor portfolio performance including loss ratios, profitability, and market competitiveness.

• Identify trends, opportunities, and risks across product lines and recommend corrective actions where needed.

• Conduct regular audits of underwriting files to ensure quality and compliance.

Team Leadership

• Lead, mentor, and develop a team of underwriters across various product lines.

• Set performance targets, conduct reviews, and foster a high-performing and collaborative team environment.

• Provide ongoing training to ensure technical and regulatory knowledge is up to date.

Stakeholder Management

• Collaborate with sales, product, and marketing teams to align underwriting practices with business goals.

• Support key distribution partners by offering underwriting expertise and market insights.

• Represent the underwriting team in cross-functional and strategic discussions.

Product & Process Development

• Contribute to the design and enhancement of retail insurance products based on market feedback and actuarial input.

• Recommend and implement underwriting process improvements, automation, and digital underwriting tools.

• Ensure underwriting rules are updated and appropriately embedded in policy systems.

Qualifications:

• Bachelors degree in Insurance, Business, Risk Management, or a related field. Professional insurance qualifications (e.g., AAMAI, ANZIIF, ACII) are highly preferred.

• Minimum 3-5 years of experience in general insurance underwriting, particularly in retail lines (e.g., Property, PA, Motor, Liability).

• Strong understanding of underwriting principles, pricing strategies, and risk selection.

• Proven track record in portfolio analysis, loss ratio management, and identifying corrective underwriting actions.

• Experience in handling complex or high-value cases, with ability to provide strategic input and escalation guidance.

• Familiar with regulatory compliance and insurance market practices in Indonesia

Information :

• Company : Asuransi Bina Dana Arta
• Position : Underwriting Assistant Manager - Retail Lines
• Location : Jakarta Selatan
• Country : ID