Agricultural Insurance Broker Specialist

3 days ago


Mumbai, Maharashtra, India Swan Energy Limited Full time

Job Overview:

We are seeking a highly skilled Agricultural Insurance Broker Specialist to join our team at Swan Energy Limited. This role requires expertise in risk assessment, knowledge of agricultural practices, and familiarity with insurance products tailored to the agriculture sector.

Key Responsibilities:

Client Advisory and Policy Selection:

  • Provide independent advice to farmers, agribusinesses, and cooperatives regarding suitable insurance products.
  • Recommend crop, livestock, and farm equipment insurance policies based on risk assessments and client needs.

Risk Assessment and Management:

  • Conduct detailed risk assessments for clients, considering factors such as climate, pest exposure, and market fluctuations.
  • Recommend mitigation strategies and appropriate insurance coverage for identified risks.

Policy Management:

  • Facilitate the application process for agricultural insurance, ensuring compliance with IRDAI regulations.
  • Maintain accurate records of all policies, claims, and transactions in compliance with regulatory standards.

Claims Assistance:

  • Assist clients in filing claims and ensure smooth and timely claims settlement.
  • Act as a liaison between the insurer and the client to resolve disputes and clarify policy terms.

Market Research:

  • Conduct market research to identify competitive insurance products and innovative solutions for agricultural risks.
  • Maintain strong relationships with multiple insurers to provide clients with a variety of options.

Regulatory Compliance:

  • Ensure compliance with all IRDAI regulations, including maintaining adequate solvency levels and financial reporting.
  • Renew licenses and professional indemnity insurance as required.

Requirements:

Education:

  • Bachelor's degree in Agriculture, Business, Insurance, or a related field.
  • Certifications such as IRDAI-approved Broker's License or relevant training in insurance broking.

Experience:

  • Minimum of 5–7 years of experience in insurance brokerage, preferably in the agriculture sector.
  • Proven track record of advising clients and facilitating claims settlement in agricultural insurance.

Benefits:

The successful candidate will receive a salary of ₹1,200,000 - ₹1,500,000 per annum, depending on experience and qualifications, plus benefits including medical insurance, retirement plan, and opportunities for professional growth and development.

Why Join Us?

  • Make a meaningful impact by supporting farmers and agribusinesses in managing risks.
  • Work in a dynamic and collaborative environment with growth opportunities.


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