Insurance Business Development Professional

2 days ago

Mumbai, Maharashtra, India beBeeClient Full time ₹ 1,80,00,000 - ₹ 2,30,00,000
Lead Insurance Consultant

We are seeking a skilled professional to join our team as a Lead Insurance Consultant.

  • This role will be based in Mumbai, with a requirement of working at least three days a week in the office.

The successful candidate will assist the onshore broking team in all aspects of client service, including client contact, administration, technical support and business development.

The key responsibilities include:

  1. Account Management: Building and transitioning functional capability to the service center, addressing knowledge related queries, cementing learning gaps (if any), and conducting regular refreshers to check the retention levels of learnings provided.
  2. Ensuring adherence to monthly tests to evaluate colleagues at a regular interval.
  3. Identifying best practices that are followed across the industry and tailoring them as per our needs.
  4. Supporting senior leaders in the development of core content and execution strategy for process efficiencies and strategic outcomes.
  5. Assisting the onshore broking team with the development, implementation and management of risk management and insurance programs which accurately address client needs.
  6. Assisting the onshore broking team with the development and maintenance of effective long-term relationships with key client decision makers through regular meetings and liaison.
  7. Working with the onshore broking team to gain an understanding of the client's business, risk management and insurance needs.
  8. Implementing renewal and broking strategies in accordance with instructions received from the onshore broking team.
  9. Actively assisting the onshore broking teams with the development of additional business from their existing portfolios and with the acquisition of new business.
  10. Assisting the onshore broking teams with the implementation of appropriate account retention and defence strategies.
  11. Assisting the onshore broking and claims teams with the negotiation of equitable claim settlements on behalf of clients.
  12. Monitoring the accuracy and performance of outputs from the operations processing team.
  13. Developing and maintaining an understanding of new technologies and capabilities of the Company.
  14. Participation in client/insurer meetings as required.

Requirements:

  • A graduate with 6+ years of relevant experience.
  • Meet the training requirements of Tier 1 FSRA Compliance.
  • Prior experience in general insurance or financial lines within a broking or underwriting environment preferred.
  • Degree in Insurance (or a related area) or Financial Services Diploma preferred.

Why this opportunity stands out?

  • Professional development opportunities.
  • Interesting work.
  • Supportive leaders.

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