Insurance Placement Expert

3 days ago


Mumbai, Maharashtra, India Anand Rathi Insurance Brokers Ltd Full time

The Insurance Placement Expert will play a pivotal role in our insurance broking company, ensuring optimal placement of insurance policies for our clients. This involves liaising with insurance underwriters, analyzing risk profiles, negotiating terms, and securing the most appropriate insurance coverage at competitive rates.

Key Responsibilities:
  • Insurance Product Analysis and Selection
    • Analyze clients' risk profiles to determine suitable insurance products.
    • Recommend insurance products that meet clients' needs and budget.
  • Negotiation and Terms Agreement
    • Negotiate policy terms, coverage, and premiums with insurance underwriters to ensure optimal terms.
    • Collaborate with insurers to negotiate policy conditions that meet clients' requirements while adhering to compliance and regulations.
  • Policy Placement and Issuance
    • Facilitate smooth placement and issuance of insurance policies for clients.
    • Coordinate with internal departments to ensure accurate policy issuance and timely delivery.
  • Client Engagement and Education
    • Engage with clients to provide updates on policy placements and ensure they understand terms and conditions.
    • 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.
    • Conduct market research to identify emerging insurance products and assess their suitability for clients.

The ideal candidate will possess a strong understanding of insurance products, policies, underwriting, and industry practices. A bachelor's degree in business, insurance, finance, or a related field is preferred. Prior experience in insurance placement, underwriting, or related roles within the insurance industry is advantageous. Relevant certifications in insurance broking or risk management are beneficial. The estimated salary for this role is ₹10,00,000 per annum.



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