Chief Manager - Business Solutions & Placement

About the Role

We are looking for an experienced Insurance Placement & Solutions Specialist to join our team in Mumbai. The ideal candidate will have strong expertise in group insurance products, insurer negotiations, and designing customized insurance solutions for clients.
The role requires close collaboration with insurers and internal teams to structure competitive insurance programs while ensuring compliance with underwriting guidelines and regulatory requirements.
We are specifically looking for professionals with experience in Client Engagement, Business Development, Key Account Management (KAM), Strategic Alliances, or Pricing functions within the group insurance space.
Candidates should possess strong product knowledge across Group Credit Life, Group Personal Accident, and Group Term Life products, along with a good understanding of insurer pricing, underwriting practices.
The candidate should be comfortable managing insurer relationships, supporting client discussions, structuring proposals, and driving successful placement of group insurance programs.

What you will do?

• Product Expertise: Experience in Products like Group Credit Life, Group General insurance
• Client Coordination: Engage with clients to assess and understand their group insurance needs.
• Market Negotiation: Coordinate with multiple insurance providers to obtain competitive quotes and policy terms that best match client requirements.
• Policy Structuring: Analyze and compare various insurance proposals to recommend the most suitable solutions.
• Relationship Management: Build and maintain strong relationships with insurers and underwriters to enhance placement efficiency. Also Maintain strong relation with client to ensure continuous and active partnership
• Compliance & Documentation: Ensure all placement activities adhere to regulatory guidelines and maintain accurate documentation of negotiations and policy details.
• Support & Advisory: Provide strategic advisory services to clients regarding their insurance portfolio and risk management.

What we are looking for?

• Experience working with Insurance companies, or TPAs
• 3+ years of experience in Life or General insurance placement, underwriting, or broking
• Strong knowledge of Insurance products
• Understanding of IRDAI guidelines and industry regulations
• Proficiency in MS Office and insurance-related software
• Good communication and problem-solving skillsRole & responsibilities

Preferred candidate profile