Placement Manager - General Insurance

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Supervised the sourcing of insurance backup solutions aligned with Business Development (BD) requests, including negotiation with insurers to secure the most suitable terms.
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Conducted periodic reviews of Terms and Conditions (TC) to ensure alignment with current market conditions.
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Performed risk analysis and assessment for items to be insured, ensuring proper coverage and minimal exposure.
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Analyzed policy clauses to verify compliance with requested terms, ensuring accuracy and adequacy of received policies.
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Collaborated with cross-functional teams to explore opportunities for more comprehensive product development.
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Evaluated claim trends and their impact on insurance proposals, contributing to strategic pricing and coverage decisions.
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Bachelor’s degree in Insurance, Risk Management, Business Administration, Finance, or a related field.
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Minimum 5 years of experience in insurance placement in the insurance broker industry.
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Demonstrated ability to supervise, mentor, and coordinate team efforts to achieve departmental goals and project deadlines.
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Strong understanding of insurance products, policy wording, and risk assessment frameworks.
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In-depth understanding of various insurance coverages across multiple product lines (e.g., property, liability, marine, engineering, etc.).
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Proven experience in negotiating with insurers and securing favorable terms and conditions.
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Ability to analyze policy clauses and assess alignment with business requirements.
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Solid knowledge of market trends, insurance regulations, and claim analytics.
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Strong analytical skills with the ability to interpret data and identify insights for strategic decision-making.
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Experience in cross-functional collaboration for product or service development.
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Excellent communication, negotiation, and stakeholder management skills.