Job Description

Key Responsibilities:

Client Advisory & Risk Assessment

Understand client business models, operations, and risk exposures to recommend tailored general insurance solutions. Conduct needs analysis and prepare risk notes for placement strategy.

Policy Structuring & Placement

Source competitive quotations from multiple insurers based on client requirements. Compare policies in terms of coverage scope, premium, deductibles, warranties, exclusions, and policy conditions. Negotiate favourable terms and premiums with insurers and underwriters.

Relationship Management

Build and maintain strong, trust-based relationships with clients, insurance companies, and key underwriters. Act as the primary liaison between clients and insurers, ensuring seamless communication and execution.

Policy Lifecycle Management

Manage end-to-end insurance placement including issuance, endorsements, and renewals. Monitor upcoming renewals and proactively engage with clients to review and update insurance programs.

Client Education & Communication

Educate clients about policy terms, claim procedures, risk management measures, and exclusions. Present insurance proposals and coverage comparisons in an informed and consultative manner.

Claims Support

Provide post-placement claims assistance by coordinating with insurers and loss assessors. Ensure timely submission of claims documentation and follow-up until resolution.

Compliance & Documentation

o Ensure all processes are in line with IRDAI guidelines and internal compliance standards.

o Maintain complete and accurate documentation of client interactions, policy placements, and correspondence.

Market Intelligence & Innovation

o Stay updated on market trends, new product offerings, regulatory changes, and industry developments.

o Identify opportunities for cross-selling, upselling, or introducing innovative risk solutions to clients.

Job Type: Full-time

Pay: ₹150,000.00 - ₹165,000.00 per month

Benefits:

Paid time off
Experience:

General Insurance Sales: 10 years (Required)
License/Certification:

IRDAI certification for insurance brokers (BQP) (Required)
Location:

Nariman Point, Mumbai, Maharashtra (Required)
Work Location: In person

Application Deadline: 11/08/2025