Manager - Trade credit Insurance

10 hours ago

Delhi, Delhi, India salasar services insurance brokers private limited Full time ₹ 12,00,000 - ₹ 15,00,000 per year

Company Description

Salasar Services (Insurance Brokers) Private Limited is an insurance and reinsurance broking firm licensed by the Insurance Regulatory and Development Authority (IRDA). As one of the largest broking firms in India, Salasar partners with reputed insurance companies across the country, both public and private. The company provides a range of services including Direct Insurance Broking, Reinsurance Broking, Employee Benefits Solutions, Lenders' Insurance Advisory, and Claims Facilitation. With a team of over 300 professionals and 18 branches nationwide, Salasar offers cost-effective insurance solutions to large and medium corporations, covering assets, liabilities, and specialty risks.

Role Description

  • Responsible for developing the Trade Credit portfolio across new clients and existing ones.
  • The role requires understanding of Trade Credit products both on the financial lines as well as casualty.
  • Ensuring consistent support and engagement with the Salasar sales and servicing team to secure a flow of new revenue for the company.
  • Personally meet with prospects, conducts in depth dialogue and develops a positive business relationship built on mutual trust.
  • Partners across the firm to utilize appropriate resources for initial and ongoing prospect sales meetings and proposals.
  • Drafting of placement Slips and coordinate to float the slips for quotes.
  • To develop the portfolio to a size and scale where in more resources can be inducted and grown further in revenue and size.
  • Documentation of all the slips/ terms/ cover notes of the risks placed
  • Tracking renewals for competition and various RI Driven covers in Trade Credit business
  • Servicing for all Trade Credit proposals placed by the firm.

· Claims MIS to be maintained

· Tracking of Claims documentation

· Claim remittance from the insurer/reinsurers to be collected and passed onto client/Insurer

  • Keeps up to date on prospects' current issues, researches new information on prospects.
  • Ensures timeframes and deliverables are met in the sales process; and ensures that post-sales teams provide quality service to all assigned clients.
  • Develops and maintains effective network within the business community and industry.

Other Responsibility: - Assist in preparing proposals for client presentation and participate in group presentations. Support senior colleagues with research papers.

Academic Background PG/MBA or a Law graduate from reputed institute preferred (or as an exception if the experience has strong flavor of techno marketing, underwriting and managerial capabilities)

Work Experience: -

  • Corporate Relationship Management / Business Solution Provider from a service background.

  • Domain knowledge preferred

Personality and Skill Sets: -

  • Learner

  • Proven Leadership skill traits (in the present Job, community, school and college background of having active participation and leadership role in co-curricular activities)

  • Relationship Management

  • Drive for results

  • Selling & negotiation skills

  • Strong Communication / presentation skills

Desirable: -

· Financial Services industry (General Insurance Industry)

· Ability to manage diverse client Cultures

Job Type: Full-time

Pay: ₹100, ₹125,000.00 per month

Work Location: In person

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