MANDATORY REQUIREMENTS

- Must be from the Insurance Broking industry
- Strong exposure to Placement function in Employee Benefits space.
- Strong hands-on experience in GHI/GMC, GPA and GTL placement.
- Minimum 4 years of experience

ABOUT THE CLIENT

Our client is a composite insurance and reinsurance broking and has built a solid presence, particularly in the commercial lines and species space.

JOB ROLES & RESPONSIBILITIES

- Manage end-to-end placement of Employee Benefits insurance products, primarily Group Health Insurance (GHI/GMC), Group Personal Accident (GPA) and Group Term Life (GTL).
- Understand client requirements, employee demographics, risk profiles, claims experience and coverage requirements.
- Prepare and circulate RFQs (Request for Quotations) to suitable insurers and coordinate the quotation process.
- Analyse and compare quotations based on premium, coverage, exclusions, deductibles, policy terms and conditions.
- Negotiate with insurers and underwriters to secure competitive pricing and favourable coverage terms.
- Develop placement strategies for new business and renewal portfolios.




- Coordinate with Sales, Client Servicing, Claims and Operations teams for seamless execution of placements.
- Ensure timely policy issuance, endorsements and documentation within agreed TATs.
- Review policy schedules, terms, conditions and endorsements to ensure accuracy and alignment with negotiated terms.
- Maintain accurate placement records, insurer quotations, negotiations and MIS reports.
- Keep abreast of market trends, insurer appetite, pricing movements and new EB products and solutions.
- Contribute towards business retention, cross-selling and up-selling opportunities wherever relevant

QUALIFICATION & EXPERIENCE

- Graduate / Post Graduate in any disciple
- Professional certifications such as IRDAI licensing, Associate/Fellow of the Insurance Institute of India (III), CII (UK), or AIRM are an added advantage.

OTHER DETAILS

Reporting To: Placement Head

Industry Target: Insurance Broking

Work Model Arrangement: Onsite

📌 Eb Placement (Mumbai)
🏢 SKS Enterpprises
📍 Mumbai