Placement Manager - General Insurance

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.

Qualifications

• 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.