Chief Broking Officer

Key Responsibilities:

Client Advisory & Risk Assessment

• Understand client business models, operations, and risk exposures to recommend tailored general insurance solutions.
• Conduct needs analysis and prepare risk notes for placement strategy.

Policy Structuring & Placement

• Source competitive quotations from multiple insurers based on client requirements.
• Compare policies in terms of coverage scope, premium, deductibles, warranties, exclusions, and policy conditions.
• Negotiate favourable terms and premiums with insurers and underwriters.

Relationship Management

• Build and maintain strong, trust-based relationships with clients, insurance companies, and key underwriters.
• Act as the primary liaison between clients and insurers, ensuring seamless communication and execution.

Policy Lifecycle Management

• Manage end-to-end insurance placement including issuance, endorsements, and renewals.
• Monitor upcoming renewals and proactively engage with clients to review and update insurance programs.

Client Education & Communication

• Educate clients about policy terms, claim procedures, risk management measures, and exclusions.
• Present insurance proposals and coverage comparisons in an informed and consultative manner.

Claims Support

• Provide post-placement claims assistance by coordinating with insurers and loss assessors.
• Ensure timely submission of claims documentation and follow-up until resolution.

· Compliance & Documentation

o Ensure all processes are in line with IRDAI guidelines and internal compliance standards.

o Maintain complete and accurate documentation of client interactions, policy placements, and correspondence.

· Market Intelligence & Innovation

o Stay updated on market trends, new product offerings, regulatory changes, and industry developments.

o Identify opportunities for cross-selling, upselling, or introducing innovative risk solutions to clients.

Job Type: Full-time

Pay: ₹150,000.00 - ₹165,000.00 per month

Benefits:

• Paid time off

Experience:

• General Insurance Sales: 10 years (Required)

License/Certification:

• IRDAI certification for insurance brokers (BQP) (Required)

Location:

• Nariman Point, Mumbai, Maharashtra (Required)

Work Location: In person

Application Deadline: 11/08/2025