Insurance Placement Specialist

2 weeks ago


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

The Placement Function in Anand Rathi Insurance Brokers Ltd is responsible for ensuring optimal placement of insurance policies for clients. The function involves liaising with insurance underwriters, analyzing risk profiles, negotiating terms, and securing the most appropriate insurance coverage at competitive rates for clients.

Key Responsibilities:

1. Insurance Product Analysis: Assess clients' risk profiles and insurance needs to determine the appropriate insurance products.
2. Negotiation and Terms Agreement: Negotiate policy terms, coverage, and premiums with insurance underwriters to ensure optimal terms for clients.
3. Policy Placement and Issuance: Facilitate the smooth placement and issuance of insurance policies for clients.

Required Skills:

• Strong understanding of insurance products, policies, underwriting, and industry practices.
• Excellent negotiation skills to secure favorable terms and conditions for clients during policy placement.
• Ability to analyze complex data and information to draw meaningful insights.

Qualifications:

• Bachelor's degree in business, insurance, finance, or a related field.
• Prior experience in insurance placement, underwriting, or related roles within the insurance industry.

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