Placement Manager - General Insurance
Salary undisclosed
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Job Description
- Supervised the sourcing of insurance backup solutions aligned with Business Development (BD) requests, including negotiation with insurers to secure the most suitable terms.
- Conducted periodic reviews of Terms and Conditions (TC) to ensure alignment with current market conditions.
- Performed risk analysis and assessment for items to be insured, ensuring proper coverage and minimal exposure.
- Analyzed policy clauses to verify compliance with requested terms, ensuring accuracy and adequacy of received policies.
- Collaborated with cross-functional teams to explore opportunities for more comprehensive product development.
- Evaluated claim trends and their impact on insurance proposals, contributing to strategic pricing and coverage decisions.
- Bachelor’s degree in Insurance, Risk Management, Business Administration, Finance, or a related field.
- Minimum 5 years of experience in insurance placement in the insurance broker industry.
- Demonstrated ability to supervise, mentor, and coordinate team efforts to achieve departmental goals and project deadlines.
- Strong understanding of insurance products, policy wording, and risk assessment frameworks.
- In-depth understanding of various insurance coverages across multiple product lines (e.g., property, liability, marine, engineering, etc.).
- Proven experience in negotiating with insurers and securing favorable terms and conditions.
- Ability to analyze policy clauses and assess alignment with business requirements.
- Solid knowledge of market trends, insurance regulations, and claim analytics.
- Strong analytical skills with the ability to interpret data and identify insights for strategic decision-making.
- Experience in cross-functional collaboration for product or service development.
- Excellent communication, negotiation, and stakeholder management skills.
Job Description
- Supervised the sourcing of insurance backup solutions aligned with Business Development (BD) requests, including negotiation with insurers to secure the most suitable terms.
- Conducted periodic reviews of Terms and Conditions (TC) to ensure alignment with current market conditions.
- Performed risk analysis and assessment for items to be insured, ensuring proper coverage and minimal exposure.
- Analyzed policy clauses to verify compliance with requested terms, ensuring accuracy and adequacy of received policies.
- Collaborated with cross-functional teams to explore opportunities for more comprehensive product development.
- Evaluated claim trends and their impact on insurance proposals, contributing to strategic pricing and coverage decisions.
- Bachelor’s degree in Insurance, Risk Management, Business Administration, Finance, or a related field.
- Minimum 5 years of experience in insurance placement in the insurance broker industry.
- Demonstrated ability to supervise, mentor, and coordinate team efforts to achieve departmental goals and project deadlines.
- Strong understanding of insurance products, policy wording, and risk assessment frameworks.
- In-depth understanding of various insurance coverages across multiple product lines (e.g., property, liability, marine, engineering, etc.).
- Proven experience in negotiating with insurers and securing favorable terms and conditions.
- Ability to analyze policy clauses and assess alignment with business requirements.
- Solid knowledge of market trends, insurance regulations, and claim analytics.
- Strong analytical skills with the ability to interpret data and identify insights for strategic decision-making.
- Experience in cross-functional collaboration for product or service development.
- Excellent communication, negotiation, and stakeholder management skills.