Insurance Broker

Outsourcey; Taguig; On-site; PHP 2,364,066 - 3,546,099; Full time

Job summary

A prominent insurance service provider in Taguig is seeking an experienced insurance professional to manage client consultations and policy processing. The ideal candidate will have over 3 years of experience in the insurance industry, with a strong understanding of products and regulations. Responsibilities include providing tailored advice, handling the complete lifecycle of insurance policies, and building strong relationships with clients and insurers. Competitive salary and supportive work environment offered.

Qualifications

• 3+ years of experience in the insurance industry, focusing on processing policies.
• Strong understanding of insurance products, coverage options, and regulations.
• Experience in managing the complete lifecycle of insurance policies.

Responsibilities

• Meet with clients to assess their insurance needs and provide tailored advice.
• Handle end-to-end processing of general insurance policies.
• Stay informed about market trends and negotiate with insurers.

Skills

Client advisory skills

Strong negotiation skills

Communication and interpersonal skills

Expert knowledge of insurance

Job description

Working Hours and Days - Monday to Friday 8AM to 5PM

Responsibilities

• Client Consultation: Meet with clients to assess their insurance needs, provide advice on coverage options, and tailor insurance policies to meet their specific requirements.
• Policy Processing: Handle the end-to-end processing of general insurance policies, including quoting, underwriting submissions, binding, endorsements, and renewals.
• Market Research: Stay informed about market trends and product offerings, and negotiate with insurers to obtain the best terms and coverage for clients.
• Claims Assistance: Assist clients with filing claims, provide guidance on the claims process, and liaise with insurance companies to ensure prompt resolution.
• Risk Assessment: Evaluate client risk profiles and recommend suitable insurance solutions to mitigate potential losses.
• Regulatory Compliance: Ensure all activities comply with industry regulations, company policies, and legal requirements.
• Documentation and Record Keeping: Maintain accurate and up-to-date records of client interactions, policy details, and communications.
• Relationship Management: Build and maintain strong relationships with clients, insurers, and other stakeholders to provide exceptional service and support.
• Renewal Management: Monitor and manage policy renewals, proactively contacting clients to review their coverage and make necessary adjustments.
• Sales and Business Development: Identify new business opportunities and cross-sell additional insurance products to existing clients.

Qualifications

• Extensive Experience in Insurance: Must have at least 3+ years of experience in the insurance industry, with a primary focus on processing policies for general insurance.
• Expert Knowledge of Insurance: Strong understanding of all aspects of insurance, including products, coverage options, policy terms, and industry regulations.
• Proven Track Record in Policy Processing: Demonstrated experience in managing the complete lifecycle of general insurance policies, from quoting and underwriting to endorsements, renewals, and claims processing.
• Client Advisory Skills: Ability to provide expert advice and tailor insurance solutions to meet the unique needs of clients.
• Regulatory Compliance: Familiarity with regulatory standards and compliance requirements in the insurance sector.
• Strong Negotiation Skills: Capable of negotiating with insurers to obtain the best terms, conditions, and coverage for clients.
• Communication and Interpersonal Skills: Excellent skills in building and maintaining relationships with clients, insurers, and other stakeholders.