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Chubb · Malaysia

# Head of Surety

Malaysia Full-time Executive 

Listed on Chubb’s official careers site. Posted October 23, 2026. Check that it is still open and apply there.
[Apply on Chubb’s careers site →](https://fa-ewgu-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_2001/job/37922)

[OpenNash Jobs](https://jobs.opennash.com/) / [Chubb](https://jobs.opennash.com/companies/chubb/) / Head of Surety

## Job description

### Role Purpose

To lead the Malaysia Surety business and support the creation of a scalable APAC Surety operating hub in Malaysia. The role is accountable for profitable underwriting growth, local broker, agents and client development, underwriting governance, regional coordination, and long-term operational scalability.

### Responsibilities

Management of current indigenous book:
- Strategy – primary role on business development; agency relationship & development; product; planning & forecasting – working closely with HOS.
- Underwriting oversight within delegated limits.
- Compliance – incl underwriting guidelines, authority, peer review
- Profitable financial performance – deliver profitable P&L ≥ plan; minimal-nil losses.
- Champion digitization of Tier 1 bonds and use of AI as appropriate Assist new business initiative
- Assist strategy – targeting large, financially solvent Malaysian corporates mirroring APAC strategy in other countries, issuing bonds locally and overseas.

### Initially under close management of HOS
- Local broker engagement to drive strategy and ID prospects.
- Engage with key prospects to “sell” Chubb Surety proposition.
- Facilitate underwriting of new business by APAC Surety regional team.
- Assist with servicing of customers. Portfolio, Underwriting & Governance
- Underwrite within delegated authority and ensure timely referral of cases outside authority.
- Lead portfolio planning, pricing discipline, risk selection and profitability monitoring.
- Review financial strength, credit quality, contractual obligations, bond wordings, recourse documentation and indemnity structures.
- Ensure underwriting files contain clear rationale, complete approvals, pricing evidence, financial analysis and compliance documentation.
- Drive profitable Malaysia Surety P&L meeting / exceeding COG Surety plans and targets.
- Support peer review, underwriting audits, technical reviews and remediation of any control gaps.

### Business Development & Market Management
- Develop relationships with agents, brokers, clients, banks, contractors and large corporates.
- Specific to current Malaysia surety indigenous book, broaden agent / distribution channels and reduce reliance and dilute reliance on few agents to deliver production.
- Assist with launch of NBI, initially under direction and support of APAC Regional team:
- Identify target segments including financially solvent Malaysian corporates, infrastructure-related clients and multinational/local groups with overseas bond requirements.
- Develop and maintain appropriate distribution channels relevant to NBI (incl brokers).
- Engage with key prospects and support regional teams in converting Malaysia-originated opportunities.
- Capture broker/agent and clients feedback, competitor activity and market intelligence to refine go-to-market strategy. APAC Surety Regional & Operations Contribution

### Assist APAC Surety regional operations
- Work with Surety Operations to digitize current Malaysia indigenous book to extent appropriate and possible.
- Provide local management support, assisting APAC Surety Regional Team.
- Help define the future operating model, process split between underwriting and operations, and role clarity for junior and senior resources.
- Participate in strategic projects, automation initiatives and cross-functional APAC Surety planning.
- Support wider APAC Surety initiatives under direction and support of APAC Regional team. In time, contribute to APAC Surety activities in Asia:
- Assist HOS & Regional Underwriting Manager in specific markets.
- Market R&D – surety market knowledge, regulatory environment, ID local surety participants / issuers.

## Qualifications
- Bachelor degree in Finance, Accounting, Economics, Business, Law, Actuarial Science, Engineering or related discipline; professional insurance qualifications are advantageous.
- Minimum 7-10 years of relevant experience in surety, credit insurance, banking, corporate credit, specialty underwriting or commercial insurance.
- Prior people management or functional leadership experience preferred.
- Strong understanding of financial statements, credit assessment, bond structures, indemnity arrangements and commercial contract risk.
- Established Malaysian broker/client relationships strongly preferred; regional APAC exposure advantageous.
- Fluent written and spoken English; Bahasa Malaysia and additional Asian language capability advantageous.

## At a glance
- Posted by the employer: Oct 23, 2026
- First seen by OpenNash: Oct 27, 2026
- Last checked: Oct 27, 2026
- Listed for: 4 days
- Location: Malaysia
- Employment type: Full-time[Apply on Chubb’s careers site →](https://fa-ewgu-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_2001/job/37922)

## Hiring at Chubb
- Open jobs: 914
- New in the last 7 days: After two weekly collections
- Tracked since: Oct 13, 2026

[All Chubb jobs](https://jobs.opennash.com/companies/chubb/) · [Weekly hiring report](/reports/hiring/)

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