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.
