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Business Development Manager for Reinsurance and Underwriting Partnerships

PolicyStreetKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
On-site Full-time

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Experience Level

Manager

Qualifications

To excel in this role, you should possess:A proven track record in business development within the reinsurance or insurance sector. Exceptional communication and negotiation skills. A deep understanding of underwriting principles and practices. The ability to analyze market trends and translate them into actionable strategies. Strong collaboration skills to work across diverse teams and functions.

About the job

ABOUT US:
PolicyStreet is a pioneering InsurTech organization, dedicated to delivering cutting-edge digital insurance solutions to businesses and consumers across Southeast Asia and Australia. With a robust network of over 40 insurance providers, we offer a diverse array of products, including embedded insurance, personalized employee benefits, streamlined car insurance renewals, financial advisory services, and innovative digital solutions. Our mission is to simplify insurance, making it accessible to everyone. Our regional group of companies proudly serves over 5 million customers with more than US$ 10 billion in total insured value.

As a licensed Reinsurer, General Insurer, and Takaful Operator under the regulation of the Labuan Financial Services Authority (LFSA), as well as 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 equipped to underwrite and customize policies while providing impartial advice to clients and partners worldwide.

WHY POLISEA RE?

  • We are an A+ RAM-rated licensed reinsurance division of the PolicyStreet Group, boasting significant underwriting authority and financial strength.
  • Our focus is on unlocking protective capacity by transforming fragmented micro-risks into institutional-grade portfolios.
  • Gain direct access to our underwriting, pricing, actuarial, analytics, and product development teams.
  • Experience involvement in embedded, parametric, and data-driven risk programs.
  • Engage in cross-regional operations in Southeast Asia and beyond, working at the nexus of structured risk, embedded insurance, and data-centric underwriting.

ABOUT THE ROLE:
We are on a mission to create the next generation of underwriting-led, technology-driven reinsurance solutions. We seek a proactive Business Development Manager who is an opportunistic hunter, someone eager to discover underwriting opportunities and engage closely with risk management.

WHAT YOU’LL DO:

  • Originate & Hunt Underwriting Opportunities:
    In a dual Builder + Hunter capacity, you will actively seek, develop, and finalize reinsurance and underwriting partnerships across treaty, facultative, quota share, and structured programs.
  • Own the Front-End of Deal Creation:
    Take charge of commercial discussions from initial contact through to finalized agreements. You will engage with insurers, MGAs, brokers, insurtechs, and platform partners to create viable underwriting opportunities from the outset.
  • Translate Market Needs into Underwritable Structures:
    Deepen your market understanding and exposure proactively. Collaborate closely with underwriting, pricing, actuarial, and technology teams to transform raw opportunities into scalable, risk-sound programs.

About PolicyStreet

PolicyStreet is at the forefront of InsurTech, pioneering digital insurance solutions for businesses and consumers. With a strong commitment to innovation, we simplify insurance processes and enhance accessibility across Southeast Asia and Australia.

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