Insurance Placement Strategist
1 week ago
About Us
Anand Rathi Insurance Brokers Ltd is a leading insurance brokerage firm that offers expert solutions to clients in the insurance industry.
Job Summary
We are seeking a highly skilled Senior Manager- Placements to join our team. The ideal candidate will have extensive experience in insurance placement and possess strong analytical and negotiation skills.
About the Role
The Senior Manager- Placements will be responsible for managing the placement process for insurance policies, analyzing clients' insurance needs, identifying suitable insurance products, negotiating terms with insurers, and facilitating policy placements.
Key Responsibilities
- Insurance Product Analysis and Selection
- Assess clients' risk profiles and insurance needs to determine the appropriate insurance products.
- Analyze various insurance products available in the market and recommend the most suitable ones for clients.
- Negotiation and Terms Agreement
- Negotiate policy terms, coverage, and premiums with insurance underwriters to ensure optimal terms for clients.
- Collaborate with insurers to negotiate policy conditions that meet clients' requirements while adhering to compliance and regulations.
- Policy Placement and Issuance
- Facilitate the smooth placement and issuance of insurance policies for clients.
- Coordinate with internal departments to ensure accurate policy issuance and timely delivery to clients.
- Client Engagement and Education
- Engage with clients to provide updates on policy placements and ensure they understand the terms and conditions of their insurance coverage.
- Educate clients on policy features, benefits, and coverage details.
- Market Research and Trends Monitoring
- Stay updated on market trends, insurance products, and industry developments to offer informed recommendations to clients.
- Conduct market research to identify emerging insurance products and assess their suitability for clients.
Requirements
To be successful in this role, you will need:
- Minimum 5 years of experience in insurance placement.
- Strong analytical and negotiation skills.
- Ability to work effectively in a fast-paced environment.
- Excellent communication and interpersonal skills.
What We Offer
We offer a competitive salary package of $120,000 per annum, commensurate with experience, plus a range of benefits including medical insurance, retirement plan, and paid time off.
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