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13/06 HR
HR at WAI Insurance Broking Services Limited

Views:32 Applications:12 Rec. Actions:Recruiter Actions:0

WAI Insurance Broking - Manager - Corporate Sales (6-15 yrs)

Chennai Job Code: 330284

- Manage existing SME Corporate clients and build deeper relationships

- Acquire new Corporate clients

- Sale of General Insurance products - Asset Insurance, Fire Insurance, Liability Insurance, Engineering Insurance, D & O policy, MBD Policy, Marine Insurance, & Employee Benefits policy (Group Medical, Group Personal, Workman's Compensation policy)

- Provide comprehensive explanations of product pricing and features, ensuring a clear understanding of how they impact profitability.

- Collaborate with insurers and Third Party Administrators (TPAs) to enhance service quality and obtain competitive quotes for our clients.

- Closely monitor competitor activities to gain insights into market trends and proactively respond with appropriate actions.

Key Functions :

- Analyse client risk profile including nature of business, existing insurance coverage, past claims experience

- Work with the Technical team to underwrite commercial risks including property, engineering, liability, marine and other miscellaneous general insurance products

- Collate necessary client data/documents and prepare RFQs of various insurers

- Send proposal forms to insurance companies to procure quotations, prepare comparative

- quotes, and negotiate terms and conditions to meet the client's requirements.

- Work with Senior Management to negotiate discounts, terms and clauses with insurers and ensure that client receives best possible quote.

- quotes, and negotiate terms and conditions to meet the clients requirements.

- Resolve client queries by co-ordinating with various insurance companies

- Coordinate with insurers for finalising quotes and claims.

Job Requirements:

- Prior experience in General Insurance broking industry or in Corporate Sales withing BFSI.

- Should have a minimum of 2-3 years of relevant experience in the insurance sector.

- Possess exceptional communication and interpersonal skills and have the ability to quickly and effectively manage client relationships.

- Strong analytical skill sets and presentation skills, to effectively engage with individuals at all levels within an organization.

- Highly customer-focused, driven for results, and possess aptitude for technology.

Other Responsibilities:

- Ability to quickly learn the Technical aspects of the General Insurance industry.

- Learn to evaluating risk exposures, identifying gaps in existing insurance coverage.

- Work closely with underwriting teams for risk evaluation and policy formulation.

- Collaborate with clients and internal teams to develop customized insurance solutions.

- Build and maintain strong relationships with clients, providing ongoing technical support and assistance throughout the insurance process.

- Participate in industry events, seminars, and conferences to promote the firm's expertise in the Commercial lines of business.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

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