Policy Placement (Motor) – Insurance Broking To ensure accurate and timely placement of motor insurance policies with insurers, negotiate terms, coordinate documentation, and support the servicing team in policy issuance and renewals.

Key Responsibilities :

Negotiations with insurance companies for policy lowest premium and best policy brokerage.

Compare quotations from multiple insurers.

Finalize the best terms, coverage, and premium as per client requirement.

Ensure proper placement slip preparation and submission.

Follow up with insurers for policy issuance within TAT.

Verify policy documents for coverage, IDV, premium, add-on covers, clauses, endorsements.

Ensure error-free policy documentation before sending to client.

Maintain strong relationships with underwriters of insurance companies.

Negotiate for better premium, add-on covers, and wider coverage.

Handle clarifications from insurers regarding vehicle details and risk information.

Maintain records of: Quotations, Placement slips, Proposal forms, Policy copies.

Ensure compliance with IRDAI guidelines.





Track policy renewal dates.

Collect renewal quotes from insurers.

Ensure timely renewal placement.

Work closely with: Sales team, Client servicing team, Claims team.

Ensure smooth flow of information between insurer and client.

Maintain placement MIS reports.

Ensure documentation for audits and regulatory requirements.

*Key Skills Required :

Knowledge of Motor Insurance products.

Robust negotiation skills.

Good communication with insurers.

Attention to policy wording and coverage details.

Knowledge of IDV, add-on covers, endorsements, and motor underwriting.

MS Excel & documentation management.

Qualification Graduate (preferably Insurance / Commerce / Management).

Certification like III / IRDAI training is an advantage.

Pay: ₹20,000.00 - ₹25,000.00 per month

Perks
Cell phone reimbursement
Adaptable schedule
Provident Fund

Work Location: In person

📌 Motor Underwriter General Insurance Pune (India)
🏢 Accurate Risk Manager and Insurance Brokers
📍 India