Location: Bengaluru
Compensation: Up to 10 L

The Role

We're looking for an Insurance Placement Specialist to join Nova's placements team and own the insurance placement process end to end, with a primary focus on Non-Employee Benefits (Non-EB) lines such as Property, Liability, and Casualty.
You'll work closely with insurers, TPAs, and Nova's internal teams to take requirements from RFQ stage through quotation, negotiation, comparison, and final policy placement. This is a hands-on role for someone who understands how insurance placements work and can independently drive a desk with speed, accuracy, and strong commercial judgment.
The placements function is being built from the ground up, so you'll have the opportunity to shape processes, improve how we work with insurers, and build a more effective, technology-led placement experience. Success in this role is measured by turnaround time, quality of placements, commercial outcomes, accuracy of QCRs, and your ability to independently drive placements to closure.

What You'll Own
RFQs:



Prepare and circulate RFQs to insurers within agreed turnaround times, ensuring requirements are complete, accurate, and clearly communicated.
Insurer Coordination: Work closely with insurers and TPAs to resolve queries, provide additional information, follow up on requirements, and drive quotations to closure.
Quote Evaluation: Evaluate and analyse quotations across coverage, premium, exclusions, deductibles, terms, conditions, and other commercial considerations.
Quote Comparison Reports:Build clear and accurate Quote Comparison Reports (QCRs) for internal and client review, highlighting key differences and recommendations.
Negotiation: Engage with insurers to negotiate pricing, coverage, deductibles, exclusions, terms, and policy wordings to achieve the best possible outcome.
Placement: Own the placement process end to end, from RFQ issuance and quotation through negotiations, finalisation, and policy issuance.
Stakeholder Manageme

📌 Placement Associate, Commercial Lines (Bengaluru)
🏢 Nova Benefits
📍 Bengaluru