Senior Manager

Howden

Bengaluru

On-site

INR 600,000 - 1,200,000

Full time

9 days ago

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Job summary

Howden in Bengaluru seeks an experienced insurance broker to manage RFQ flow, negotiate premiums with insurers, and ensure end-to-end policy servicing.

You will maintain MIS, prepare presentations, and build strong relationships with insurers; a university degree and insurance qualification are preferred. The role requires completing QCRs within TAT and preparing due diligence reports as needed.

Qualifications

  • Property placement experience of 3+ years preferably in Insurance Broking.
  • University degree (mandatory) with an appropriate insurance qualification preferred

Responsibilities

  • Floating RFQ to insurers & negotiate best premium from them to meet client's expectations.
  • Negotiation with insurers on premium quotes & Terms specially in big & medium sized proposals.
  • Ensuring smooth function of policies to be serviced including endorsements.
  • Ensure submission of QCR within TAT.
  • Preparing service presentation based on the coverage's shared by business.
  • Relationship with key people in the insurance companies
  • Preparing Due Diligence report wherever necessary.
  • Quality Control of Policy Documents of RFQs.
  • Maintain MIS, internal SOPs for the function.

Skills

Strategic understanding
Quantitative skills
Commercial Lines knowledge
Task management under pressure

Education

University degree (mandatory)
Insurance qualification preferred
Property placement experience 3+ years

Job description

  • Floating RFQ to insurers & negotiate best premium from them to meet client's expectations.
  • Negotiation with insurers on premium quotes & Terms specially in big & medium sized proposals.
  • Ensuring smooth function of policies to be serviced including endorsements.
  • Ensure submission of QCR within TAT.
  • Preparing service presentation based on the coverage's shared by business.
  • Relationship with key people in the insurance companies
  • Preparing Due Diligence report wherever necessary.
  • Quality Control of Policy Documents of RFQs.
  • Maintain MIS, internal SOPs for the function.
Core Capabilities (Knowledge, Skills, Additional Behaviors)
  • Strategic understanding of business.
  • Quantitative skills & Product knowledge on Commercial Lines.
  • Ability to manage multiple tasks in a high-pressure environment.
Education & Experience:
  • Property placement experience of 3+ years preferably in Insurance Broking.
  • University degree (mandatory) with an appropriate insurance qualification preferred
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