
Insurance Placement Solutions
1 day ago
**Job description**
**Key Responsibilities**
- **Client Coordination**: Engage with clients to assess and understand their group insurance needs.
- **Market Negotiation**: Coordinate with multiple insurance providers to obtain competitive quotes and policy terms that best match client requirements.
- **Policy Structuring**: Analyze and compare various insurance proposals to recommend the most suitable solutions.
- **Relationship Management**: Build and maintain strong relationships with insurers and underwriters to enhance placement efficiency. Also Maintain strong relation with client to ensure continuous and active partnership
- **Key Account Management**: Manage the assigned account and ensure smooth and seamless active partnership, and source the committed premium from the client
- **Compliance & Documentation**: Ensure all placement activities adhere to regulatory guidelines and maintain accurate documentation of negotiations and policy details.
- **Product Expertise**: Experience in group Products like Group Credit Life, Group Term Life, Group personal Accident, GMC, and other group insurance products.
- **Support & Advisory**: Provide strategic advisory services to clients regarding their insurance portfolio and risk management.
**Your key qualifications & competencies**:
- 4+ years of experience in insurance placement, underwriting, or broking
- Strong knowledge of insurance products
- Excellent negotiation and relationship management skills
- Understanding of IRDAI guidelines and industry regulations
- Proficiency in MS Office and insurance-related software
- Good communication and problem-solving skills
- Experience working with insurance brokers, insurance companies, or TPAs
- Certifications such as Licentiate / Associate / Fellowship from III (preferred)
Pay: ₹1,500,000.00 - ₹2,000,000.00 per year
**Benefits**:
- Health insurance
- Provident Fund
Work Location: In person
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