Muthoot Finance
Location
Bathinda | India
Job description
You will be responsible for managing a portfolio of clients, analyzing their insurance needs, and recommending appropriate coverage options. You will also be responsible for developing new business opportunities, building relationships with potential clients, and negotiating terms to secure new accounts.
Key Responsibilities:
Client Management: Build and maintain strong relationships with existing clients, serving as their primary point of contact for all insurance-related matters. Conduct regular reviews to assess their evolving needs and recommend adjustments to their coverage as necessary.
New Business Development: Identify and pursue opportunities to expand our client base, targeting key industries and market segments. Develop strategies to attract new clients, including cold calling, networking, and attending industry events.
Risk Assessment: Conduct thorough risk assessments for clients to understand their unique exposures and insurance requirements. Analyze data and industry trends to anticipate potential risks and recommend proactive risk management solutions.
Policy Analysis: Evaluate insurance policies to ensure they provide adequate coverage for clients' needs. Review policy terms and conditions, exclusions, and endorsements to identify any gaps or deficiencies in coverage.
Negotiation: Negotiate terms and conditions with insurance carriers to obtain the most favorable terms for clients. Advocate on behalf of clients to secure competitive premiums, favorable policy terms, and optimal coverage limits.
Compliance: Stay abreast of regulatory changes and industry developments affecting the insurance landscape. Ensure compliance with all relevant laws, regulations, and industry standards in the placement and servicing of insurance policies.
Team Collaboration: Collaborate with internal teams, including underwriting, claims, and risk management, to deliver comprehensive solutions to clients. Coordinate with colleagues to address client inquiries, resolve issues, and streamline the insurance process.
Job tags
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