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Insurance Broker

Role overview

Qualifications

  • Extensive Experience in Insurance: At least 3+ years in the insurance industry
  • Expert Knowledge of Insurance: Strong understanding of products and regulations
  • Proven Track Record in Policy Processing: Experience managing the lifecycle of policies
  • Strong Negotiation Skills: Capable of negotiating favorable terms with insurers

Responsibilities

  • Client Consultation: Assess clients' insurance needs and provide tailored advice
  • Policy Processing: Handle end-to-end processing of general insurance policies
  • Market Research: Stay informed about market trends and negotiate with insurers
  • Claims Assistance: Assist clients with filing claims and guide them through the process

Key facts

Other skills

  • Consulting
  • Record Keeping
  • Relationship Management
  • Communication
  • Social Skills

About the company

Outsourcey logo

Outsourcey

Outsourcing & Offshoring

To make the world better through outsourcing!

Company details

Company typeScaleup
IndustryOutsourcing & Offshoring
Company size51 - 200

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Job description

Role: Insurance Broker

Work From Home

FT - min 40 hours per week

Working Hours and Days - Monday to Friday 8AM to 5PM

Responsibilities:

  • Client Consultation: Meet with clients to assess their insurance needs, provide advice on coverage options, and tailor insurance policies to meet their specific requirements.

  • Policy Processing: Handle the end-to-end processing of general insurance policies, including quoting, underwriting submissions, binding, endorsements, and renewals.

  • Market Research: Stay informed about market trends and product offerings, and negotiate with insurers to obtain the best terms and coverage for clients.

  • Claims Assistance: Assist clients with filing claims, provide guidance on the claims process, and liaise with insurance companies to ensure prompt resolution.

  • Risk Assessment: Evaluate client risk profiles and recommend suitable insurance solutions to mitigate potential losses.

  • Regulatory Compliance: Ensure all activities comply with industry regulations, company policies, and legal requirements.

  • Documentation and Record Keeping: Maintain accurate and up-to-date records of client interactions, policy details, and communications.

  • Relationship Management: Build and maintain strong relationships with clients, insurers, and other stakeholders to provide exceptional service and support.

  • Renewal Management: Monitor and manage policy renewals, proactively contacting clients to review their coverage and make necessary adjustments.

  • Sales and Business Development: Identify new business opportunities and cross-sell additional insurance products to existing clients.

  • Extensive Experience in Insurance: Must have at least 3+ years of experience in the insurance industry, with a primary focus on processing policies for general insurance.

  • Expert Knowledge of Insurance: Strong understanding of all aspects of insurance, including products, coverage options, policy terms, and industry regulations.

  • Proven Track Record in Policy Processing: Demonstrated experience in managing the complete lifecycle of general insurance policies, from quoting and underwriting to endorsements, renewals, and claims processing.

  • Client Advisory Skills: Ability to provide expert advice and tailor insurance solutions to meet the unique needs of clients.

  • Regulatory Compliance: Familiarity with regulatory standards and compliance requirements in the insurance sector.

  • Strong Negotiation Skills: Capable of negotiating with insurers to obtain the best terms, conditions, and coverage for clients.

  • Communication and Interpersonal Skills: Excellent skills in building and maintaining relationships with clients, insurers, and other stakeholders.



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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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