Senior Underwriting Manager
ABOUT US:
PolicyStreet is a leading InsurTech group, specialising in innovative digital insurance solutions for businesses and consumers in Southeast Asia and Australia. With a network of over 40 providers, we offer a comprehensive range of products, including embedded insurance, customised employee benefits, car insurance renewals, financial advisory, and digital solutions – making insurance straightforward, for everyone. Through our regional group of companies, we serve more than 5 million customers with over US$ 10 billion in sum insured.
As a licensed Reinsurer, General Insurer and Takaful Operator by the Labuan Financial Services Authority (LFSA), an approved Financial Adviser and Islamic Financial Adviser by Bank Negara Malaysia (BNM), and a licensee of the Australian Financial Services License by the Australian Securities and Investments Commission (ASIC), PolicyStreet is able to underwrite, customize policies, and provide unbiased advice to its clients and partners worldwide.
WHY POLISEA RE?
Polisea Re is the a+ RAM-rated reinsurance arm of PolicyStreet Group, designed to unlock protection capacity by converting fragmented micro-risks into institutional-grade portfolios.
You will gain exposure to:
- Embedded and specialty insurance programs across Southeast Asia
- Data-driven underwriting models for digital platforms
- Cross-border insurance structuring with global partners
This role offers a rare opportunity to help shape next-generation underwriting models for the digital economy.
ABOUT THE ROLE:
We are seeking a Senior Underwriting Manager to drive portfolio underwriting, program structuring, and risk evaluation across Polisea’s growing embedded and specialty insurance portfolios.
You will work closely with insurers, reinsurers, brokers, and platform partners across Southeast Asia, translating commercial opportunities into disciplined underwriting decisions.
The role will also evaluate opportunistic property & casualty underwriting opportunities aligned with Polisea’s portfolio strategy.
As Polisea Re scales, you will help build underwriting frameworks, portfolio governance, and future underwriting capabilities.
WHAT YOU’LL DO:
Portfolio Ownership & Risk Management
- Own underwriting performance across assigned portfolios.
- Monitor loss ratios, exposure accumulation, claims trends, and pricing adequacy.
- Take corrective underwriting actions when portfolio performance deviates.
Program Structuring & Deal Support
- Partner with Business Development to evaluate new underwriting opportunities.
- Assess treaty, facultative, and specialty program portfolios.
- Structure underwriting programs that balance growth, pricing adequacy, and capital efficiency.
Pricing & Risk Assessment
- Work with pricing, actuarial, and analytics teams to evaluate exposures.
- Develop underwriting guidelines for emerging risks including:
- embedded insurance
- specialty digital risks
- parametric programs
- non-traditional insurance models
Product & Program Development
- Support development of new insurance programs and underwriting structures.
- Collaborate with product, analytics, and claims teams to ensure scalable program design.
Underwriting Governance & Frameworks
- Ensure underwriting decisions align with internal guidelines and regulatory requirements.
- Contribute to portfolio monitoring frameworks and underwriting governance.
Market Engagement
- Engage with insurers, reinsurers, brokers, MGAs, and partners.
- Support underwriting discussions during commercial negotiations.
- Position Polisea as a trusted risk partner in emerging digital ecosystems.
Requirements
WHAT WE EXPECT OF YOU:
- 5–8 years of underwriting experience in general insurance, reinsurance, specialty lines, or InsurTech programs.
- Strong understanding of underwriting principles, portfolio management, and loss ratio drivers.
- Experience evaluating non-standard risks, policy wordings, and pricing assumptions.
- Ability to analyse exposures, claims trends, and data insights.
- Comfortable working cross-functionally with BD, actuarial, analytics, product teams.
- Experience in treaty, facultative, or program underwriting is a plus.
- Commercial mindset with strong risk discipline.
- Interest in embedded insurance, digital distribution, and emerging risk models.