About the role

PLACEMENT & INSURER PARTNERSHIP

Role Name: Placement & Insurer Partnership

Reports to: Placement Head

Location: Mumbai

Key Roles and Responsibilities:

Primarily responsible for analyzing the existing policies & data arranged by the sales/retention team, preparation of RFQ/ Quote slips and thereafter arrange highly negotiated and competitive quotes from the Insurance Companies within agreed timelines with the objective of winning the business in favor of Company.

KPIS

Contribute to our overall Growth strategy within the Insurer fraternity through active and continuous engagement thereby forging strong mutually beneficial working relationships.
Create and manage QCR generation processes that drive efficiency in gathering timely competitive and highly negotiated quotes from insurance partners.
Product knowledge of Employee Benefits, Property, Marine, liability & Miscellaneous lines underwriting, risk analysis, and quote negotiation.
Participate and Contribute to special projects with functional teams.
Be responsible for knowledge management and dissemination, sharing placement insights and best practices with teammates.
Interact with Clients along with Sales/Retention team members on a need basis. Interact with the team and help them with technical expertise.

Role Requirements

Insurance professional with demonstrated experience in placement at a leading insurance broker firm.
Deep understanding of risk, underwriting, quote solicitation and negotiation and client communication.
Strong negotiation skills & attention to detail with a CAN DO, WILL WIN attitude.
Effective manager with demonstrated experience in working under high pressure and building a high-performing placement teams.
Somebody that is client obsessed and will take a consultative approach to helping clients get the right products.
Somebody who has a out of the box thinking and can think beyond traditional insurance legacy mindset.

Educational Qualification:

Masters Degree, CII UK qualification and AIII/ FIII – Insurance institute of India

Experience (no. of years) and Industry:

5-10 years of experience in placement at an insurance broking firm.
Excellent interpersonal skills, team/talent management, problem solving skills.
Well established contacts with leading insurers with the ability to create new relationships.
Strong negotiation skills & attention to detail.

Placement Manager