head motor (insurance) required for pune - ( Job ID - 23737)

Job Description

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.• Knowledge of Motor Insurance products. • Strong 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. • Minimum 2–5 years of experience in Group Insurance Underwriting (Broker or Insurer side)

Requirements
• Knowledge of Motor Insurance products. • Strong 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. • Minimum 2–5 years of experience in Group Insurance Underwriting (Broker or Insurer side)