Chief Underwriting OfficerUnderwriting, Broking & Claims
Our client is an established reinsurance organization based in Malaysia. They are seeking an experienced and dynamic Chief Underwriting Officer (CUO) to lead their underwriting operations. The CUO will be responsible for overseeing the department and managing the planning and execution of both treaty and facultative strategies for the business. This role requires a seasoned professional with strong leadership qualities, a strategic mindset, and the ability to navigate complex stakeholder environments.
Leadership & Management:
Oversee the underwriting operations, leading a team of 30 FTEs, ensuring alignment with the company’s strategic objectives.
Develop, mentor, and manage the underwriting team, fostering a culture of high performance, accountability, and continuous improvement.
Ensure that underwriting guidelines, risk management protocols, and compliance standards are adhered to across all lines of business.
Strategic Planning & Execution:
Lead the development and execution of both treaty and facultative underwriting strategies, ensuring profitable growth and risk diversification.
Analyze market trends, client needs, and competitive landscape to adjust underwriting strategies and ensure the organization remains agile and competitive.
Collaborate with actuarial, risk management, and finance teams to align underwriting practices with the company’s financial objectives.
Stakeholder Engagement:
Engage with the board of directors, senior management, and other key stakeholders to present underwriting strategies, performance metrics, and market insights.
Develop and maintain strong relationships with external stakeholders, including brokers, clients, and regulatory bodies.
Provide regular updates and reports to the board and senior management on underwriting performance, emerging risks, and market opportunities.
Risk Management:
Ensure that the underwriting portfolio is balanced and aligned with the company’s risk appetite and reinsurance treaties.
Lead initiatives to enhance underwriting quality, improve risk selection, and optimize the portfolio for profitability and sustainability.
Innovation & Continuous Improvement:
Drive innovation in underwriting practices, exploring new tools, technologies, and methodologies to enhance efficiency and accuracy.
Monitor and evaluate the effectiveness of underwriting processes, implementing improvements where necessary.
Requirements:
Bachelor’s degree in Business, Finance, Insurance, or a related field
Minimum of 15 years of experience in reinsurance underwriting, with at least 5 years in a senior leadership role.
Proven track record in managing underwriting teams and developing successful treaty and/or facultative strategies.
Experience in engaging with board members, senior management, and other high-level stakeholders.
Strong leadership and team management skills, with the ability to inspire and drive high performance.
Strategic thinker with a deep understanding of reinsurance markets, products, and trends.
Excellent communication and presentation skills, with the ability to articulate complex ideas to a diverse audience.
High level of maturity and emotional intelligence to manage the pressures associated with a high-stakes role.
Proficiency in English is required. Additional languages are an asset.
If this sounds like an opportunity for you, please email your resume to fairuz@lunos-search.com for a confidential discussion.
EA License 16S8145
EA Reg No: R1443068
