Insurance Placement Specialist

3 days ago


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

Job Title: Insurance Placement Specialist

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About the Role:

The Placement Function in our insurance broking company is responsible for ensuring optimal placement of insurance policies for clients. This function involves liaising with insurance underwriters, analyzing risk profiles, negotiating terms, and securing the most appropriate insurance coverage at competitive rates for our clients.

Key Responsibilities:

  • Analyze clients' insurance needs to determine the appropriate insurance products;
  • Negotiate policy terms, coverage, and premiums with insurance underwriters to ensure optimal terms for clients;
  • Facilitate the smooth placement and issuance of insurance policies for clients;
  • Engage with clients to provide updates on policy placements and ensure they understand the terms and conditions of their insurance coverage;
  • Stay updated on market trends, insurance products, and industry developments to offer informed recommendations to clients.

Competencies Required:

  • Possesses a strong understanding of insurance products, policies, underwriting, and industry practices;
  • Demonstrates effective negotiation skills to secure favorable terms and conditions for clients during policy placement;
  • Utilizes analytical skills to assess insurance products, evaluate risk profiles, and make informed decisions regarding policy placements;


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