Manager/Sr. Manager /AVP - Non EB Placement

Emedlife Insurance Broking Services Limited; Delhi; On-site; INR 600,000 - 900,000; Full time

Job summary

Emedlife Insurance Broking Services Limited in Delhi is hiring a professional to manage procurement of competitive insurance terms and negotiate them with insurers. The ideal candidate will assist clients in decision-making by providing expert advice for insurer selection and claims settlement.

The role requires a minimum of 3+ years of relevant experience and a detailed knowledge of property, marine, liability, and engineering products. Salary will be competitive as per market standards.

Qualifications

• Minimum 3+ years of experience in insurance or related field.
• Expertise in property, marine, liability, and engineering products.

Responsibilities

• Procure competitive terms from insurers.
• Negotiate terms and coverage from insurers.
• Assist clients in decision making for insurer selection.
• Maintaining TATs for policy issuance and endorsements.
• Assisting claims team with data, reports and documentation from client.
• Monitoring renewal of policies on monthly basis and quoting for renewal business.
• Vetting of policy copies, endorsements and other documents before sending to clients.
• Reviewing terms & conditions and endorsing deviations if any not captured in the policy.
• Maintaining TAT of claims process including timely reporting to insurers and facilitating documentation.

Skills

Negotiation

Client advisory

Policy knowledge

Claims coordination

Job description

• Procurement of competitive terms from the Insurers
• Negotiating terms and coverage from Insurer
• Assisting client in decision making by way of expert advice for selection of Insurer, terms and claims settlement TAT
• Maintaining TATs for policy issuance and endorsements.
• Assisting claim’s team with data, reports and documentation from client
• Detailed Know how of Property, Marine , Liability , engineering products for guiding client with right information and coverage
• Monitoring renewal of policies on monthly basis. Quoting for renewal business after studying the portfolio performance on monthly bases.
• Vetting of policy copies, endorsements and other documents before sending it to the clients
• Reviewing the terms & conditions of the policy and get the policy appropriately endorsed for the deviations if any not being captured in the policy
• Maintaining TAT of claims process which includes timely reporting to the insurers, deputing the surveyor, facilitating clients to prepare necessary documents and timely submission to surveyor
• Salary : Best as per market standards
• Experience : Minimum 3+years of experience