Insurance Placement Strategist

1 week ago


Kolkata, West Bengal, India Anand Rathi Insurance Brokers Ltd Full time

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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