Urgent Openings In General Insurance Broking Industry @ Mumbai
XPERITUS INSURANCE BROKERS PVT LTD
Mumbai City, INDIA
5d ago

Please find the job description of each profiles : -

1. Commercial Underwriter

2. Commercial Claims

3. Client Acquisition & Client Servicing

4. Direct Sales - Life Insurance

5. Facultative - Reinsurance

6. Sales - Digital Retail

7. Sales - General / Direct

Industry experience : Insurance Broking / General Insurance Companies

Experience 6+ years experience required for the below-mentioned positions

Qualification : - Graduate

1. POSITION : - COMMERCIAL UNDERWRITER

JOB DESCRIPTION : -

  • Analyses the client's risk profile including their nature of business, existing insurance coverage, past claims experience, etc.
  • Underwrite commercial risks including property, engineering, liability, marine, and other miscellaneous insurance products as per the client's requirements
  • Collate necessary client data / documents and prepare RFQs of various insurers based on the same.
  • Be commercially aware in order to negotiate discounts, terms, and clauses with insurers and ensure the client receives the best possible quote
  • Resolve client queries by coordinating with insurance insurers wherever required
  • Coordinate with insurers and various departments such as Sales and Client Servicing for finalizing quotes.
  • Maintain a systematic record of quotations along with reasons for non-conversion for period review by senior management.
  • Required Candidate profile : -

  • 5 years of experience in underwriting commercial risk proposals with in-depth knowledge of various products
  • Excellent written and interpersonal communication skills
  • Proficient in MS Office applications such as Word, Excel, and PowerPoint.
  • 2. POSITIONS : - COMMERCIAL CLAIMS

    JOB DESCRIPTION

    We are looking for a candidate who has good knowledge of Non-Motor Claims-Fire, Marine, Engineering & has handled a similar profile.

  • Handling all the corporate claims
  • Coordinating with client and surveyor for documents for proving the liability of a claim and for assessment of the extent of the loss.
  • Visit loss sites along with Surveyors, guide customers to take loss mitigation steps.
  • Maintaining claims data in CRM
  • Take the claim towards the closure through close interaction with Surveyors / experts and customers.
  • Providing valuable feedback about the contents and coverage of a policy.
  • Solving the complexities in a claim and settling the same within Turnaround time.
  • To closely observe the developments of all the Losses reported & ensure their timely settlement.
  • To attend Audit Queries and analyze the audit trends of previous years.
  • Maintaining rapport with all TPA and Insurance Companies
  • Send intimation to insurance co. for Claims in a proper format.
  • Follow-up with insurance co. for appointment of Surveyor.
  • Inform the details of Surveyor to a client and co-ordinate with Surveyor & client to facilitate the Survey.
  • Follow-up with Surveyor for Letter of Requirement and send it to the client once received.
  • Follow-up and help the client to arrange necessary documents as required by Surveyor.
  • Follow-up with Surveyor for Final Report.
  • Follow-up with insurance co. for final settlement.
  • The job will include personal visits at the client's office OR surveyor's office OR insurance cos office.
  • Required Candidate profile : -

  • 5 years of experience in handling commercial claims in Non-Motor Claims-Fire, Marine, Engineering.
  • Proficient in MS Office applications such as Word, Excel, and PowerPoint.
  • The candidate should have good coordination and communication skills.
  • 3. POSITIONS : - CLIENT ACQUISITION & CLIENT SERVICING

    JOB DESCRIPTION

  • Thoroughly understand clients' requirements and risks to offer the optimal insurance solution
  • Maintain communication and strengthen client relationships via calls, emails, meetings, etc. on a continuous basis
  • Liaison with the insurance company
  • Coordinate with other departments such as Underwriting, Claims, Operations etc. for completion of relevant business processes
  • Maintain documents and adhere to the company's data management systems and procedures as communicated from time to time
  • Develop and implement strategies for acquiring new business / clients to achieve set business targets
  • Manage and delegate responsibilities to the team and ensure accountability for the same
  • Required Candidate profile

  • 5+ years of experience in the general insurance industry and in-depth knowledge of various products
  • Excellent written and interpersonal communication skills
  • Proficient in MS Office applications such as Word, Excel, and PowerPoint
  • Willing to travel
  • Candidates with existing business relationships are desirable.
  • 4. POSITION : - DIRECT SALES - LIFE INSURANCE

    Life Business

  • Underwriting & Placement for life business Retail & corporate
  • Documentation and Proposal Set including KYC
  • Premium Payment tracking
  • Daily Monitoring and completion of entries in the system
  • Renewals follow-up, tracking, and lapse, etc.
  • Monthly Closing and reconciliation
  • Finalize and obtain receivable rates and share with accounts
  • Track receivables.
  • Fix customer appointments and visit potential customers for new business.
  • Make the customer understand the various benefits available in the plan & check whether it meets the customer's requirements.
  • Self-sourcing of customer leads from own natural market to sell Life Insurance products.
  • Customer Leads when provided are to be called and fix appointments for sales visits and convert the lead to sales.
  • Cross-sell / Up-sell products.
  • Assuring that the business targets are met as per the goal sheet given.
  • Required Candidate profile

  • Should have a minimum of 4 years and above experience in Insurance sales.
  • Should have average job stability of 2 years and above.
  • Competence with reporting and information management tools, including MS Office (Excel / Word / Powerpoint).
  • Strong written and verbal communication skills.
  • Ability to work within a constantly changing environment.
  • 5. POSITION : - REINSURANCE FACULTATIVE RI

  • Responsible for Facultative Underwriting and Placements received from the Cedants / Retro Cedant.
  • Liaison and Relationship Building with Cedants for new business opportunities.
  • Process the Submission with necessary / relevant documents as per the laid down RI Placement guidelines.
  • Ensure timely updation of the business in the RI System.
  • Manage Post Placement activity viz. Cover Note, Signed RI Slips, Debit Notes, Credit Notes, Placement Chart, etc.
  • Ensure TATs for each activity are followed.
  • Ensure Compliance with Premium Payment warranty on each and every business underwritten by us.
  • Management of Claims, if any reported in the placement handled by the Company.
  • Liaison with Accounts Team to ensure Timely receipt of Premium from Cedant and Remittance of Premium to Reinsurer and our Brokerage.
  • Ensure time-bound settlement of the claim for cedant.
  • Follow-up with Cedants, Reinsurer and / or Co-Broker(s) for any matter relating to Facultative Business placed by us.
  • Control and Manage reminders for Renewal of Business as per defined TATs.
  • Manage the MIS and provide the necessary report for regulatory filings under advice to Head RI for all the branches.
  • Manage the Database of Cedants and Reinsurer and ensure that we have on record the FRN and / or ratings of each reinsurer.
  • Required Candidate profile : -

  • Associate / Fellow of Insurance Institute of India (Preferred)
  • Experience of 3-4 years in Reinsurance Facultative Business (Preferred)
  • Good Communication skills
  • Excellent Command on MS-Office Suite Applications
  • 6. POSITION : - DIGITAL RETAIL

  • Assume full responsibility for setting up digital retail operations and their profitability.
  • Independently head the sales, strategy, and distribution of digital retail insurance.
  • Prepares complete plan including strategy, resource requirement, infrastructure, and budget forecast.
  • Responsible for integrating all digital activities / relationships into a single platform and ensuring the same is properly managed, serviced, and made profitable.
  • Identify potential customers and partner with them to understand their needs and objectives.
  • Effectively communicate the value proposition through proposals and presentations to the management.
  • Work with the insurance companies for product selection, rates, and SLA.
  • Responsible for the successful rollout of the product to the client.
  • Work collaboratively across teams - including operations, after-sales support & IT.
  • Responsible for recruiting, hiring, and training operation staff and sales representatives.
  • Build and maintain strong, long-lasting customer relationships.
  • Identify process bottlenecks and troubleshoot.
  • Stay updated with new products, regulatory changes, and market conditions.
  • Required Candidate profile

  • Should have a minimum of 8 years and above experience in Insurance sales.
  • Should have average job stability of 2 years and above.
  • Competence with reporting and information management tools, including MS Office (Excel / Word / Power-point).
  • Strong written and verbal communication skills.
  • Ability to work within a constantly changing environment.
  • 7. POSITION : - SALES

  • Developed strong relationship and generated business from various insurance company.
  • Sourcing new clients for the general insurance products through a mix of new and follow-up calls, both cold & referred.
  • Also, responsible for client retention as well as selling new products in the New accounts.

  • Providing Risk inspection along with Insurance Company to the client.
  • Generating income from corporate.
  • Review meeting with clients
  • Analyzing business potential, conceptualize and execute strategies to drive sales, augment turnover and achieve desired targets,.
  • Identifying, qualifying and pursuing business opportunities through market surveys and mapping as per targeted plans as well as through lead generation.
  • Driving the field to achieve the desired results.
  • Preparing Daily, weekly and monthly reports.
  • Independently handling Lead generation
  • Keeping track of competition in terms of product and performance & device strategies to market the products better
  • Collecting management information, risk management philosophy and business information for insurance marketing and sales
  • Resolving query, servicing issues and escalation the same to desired level.
  • Coordination with operations / technical team for servicing
  • Relationship building and servicing of current business
  • Any other duty assigned by the management.
  • Required Candidate profile

  • Should have a minimum of 8 years and above experience in Insurance sales.
  • Should have average job stability of 2 years and above.
  • Competence with reporting and information management tools, including MS Office (Excel / Word / Power-point).
  • Strong written and verbal communication skills.
  • Ability to work within a constantly changing environment.
  • We are looking for professionals with in-depth knowledge and excellent command of insurance Products, knowledge of Insurance, Claim Settlement, Underwriting & Reinsurance.

    5+ yrs Exp. General Insurance with Strong communication & interpersonal skills with aptitude in building relationships. Ability in problem-solving & negotiation.

    Manage Corporate Insurance for Property, Liability, Engineering & Miscellaneous lines of business.

    The candidate should have an insurance background and should have worked with a Broker or Insurer in the past.

    If interested in the above mention position, send me your updated profile along with the following details to https : / / forms.office.com / r / 5FNrcn6ZzQ

    Required an above-mentioned positions candidates with Immediate Joining.

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