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
