Placement Manager - General Insurance

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