bolttech

Product and Underwriting (Motor) | FWD General Insurance

bolttech
Salary negotiable
Posted on 23 Feb 2021

Product and Underwriting (Motor) | FWD General Insurance

bolttech

Job Highlights

  • Develop underwriting and pricing framework
  • Define the underwriting guidelines for motor
  • Manage motor product and portfolio governance

Job Description

Business unit: FWD General Insurance
Sector:
Non-Life Insurance

In this position you will...

  • Develop underwriting and pricing framework for new and renewal business of Motor 
  • Define the underwriting guidelines for motor to optimize profitability
  • Manage motor product and portfolio governance aligned to the company objectives 
Responsibilities
  • Underwriting authority for motor/other products in respect to the organization structure
  • Motor Portfolio and pricing to be competitive as well as profitable
  • Identifying risk segments in Motor that will be a preferred or avoidable set
  • Developing pricing benchmarks for each product with specific emphasis on Motor
  • Working along with reinsurers/TPAs to improve profitability
  • Collaborating with stakeholders to facilitate new and renewal business
  • Reviewing sales and claims data to analyze the portfolio in details and make recommendations  
For you to be successful... 
  • Have in-depth understanding of the Thai motor insurance industry, motor pricing and claims practices
  • Excellent data analytic skills preferred for portfolio management 
  • Good command of English and Thai will be helpful
Qualifications 
  • Bachelor’s degree in any discipline or Actuarial Science 
  • Experience in general insurance (direct insurer) for a minimum of 10 years in Thailand
  • Significant experience in underwriting (Motor and others)
  • Preferably with some product & pricing experience for GI personal lines

Additional Information

Career Level
Middle
Qualification
Degree
Years of Experience
10 years
Job Type
Full Time, Permanent

Company Overview

Launched in 2020, bolttech is an international insurtech business. As a digital native with a global reach, we’re uniquely placed to deliver the future of insurance – a future that’s designed around people’s lives, making things easier for customers, while multiplying opportunities for partners.

Additional Company Information

Benefits & Others
Dental insurance, Five-day work week, Life insurance, Medical insurance, Performance bonus