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Chennai Insurance Market Expertise
2 weeks ago
Insurance Broker Role
1.Primarily responsible for obtaining comprehensive information about clients' businesses and their risk management strategies2.Familiarising themselves with the clients' business operations, as well as relevant underwriting data to ensure that this knowledge can be effectively conveyed to insurers and other stakeholders
3.Providing expert advice on suitable insurance coverage and terms to suit clients' needs
4.Maintaining an in-depth understanding of available insurance markets, tailored to clients' requirements
5.Submitting quotations received from insurers for clients' consideration
6.Supplying requisite underwriting information as required by insurers to assess risk and determine pricing terms and conditions for coverage
7.Acting promptly on client instructions and providing written acknowledgement and progress reports
8.Assisting clients in meeting premium payment obligations under section 64VB of the Insurance Act, 1938 (4 of 1938)
9.Providing insurance consultancy services and risk management solutions
10.Aiding clients in claim negotiations
11.Maintaining accurate records of claims
Functional Area:
Insurance Industry, Brokerage, Risk Management, Insurance Services, Financial Sector, Business Operations, Client Relations, Communication Skills, Problem-Solving, Negotiation, Time Management, Organization, Leadership, Teamwork