Deputy Manager - Placement

We are seeking a talented individual to join our Placement team at Marsh. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office

Were seeking for an individual who is ready to work with complex & diverse insurance work. An opportunity to understand end to end lifecycle for UK Insurance Broking. Experience and explore change initiatives as teams are undergoing migration. Within the first 30 days, we would expect you to gain in-depth knowledge of the service you would handle & understand the role requirements. Within 60 days, attain competency & establish good relationship with all colleagues & finally within 90 days, be able to independently manage the process and be a Subject Matter Expert in the trained arena. We have robust training around understanding insurance concepts and business knowledge.

We will count on you to:

• Works with Placement colleague to prepare documentation and submissions for market, including specifications, loss records and summary reports to better serve clients
• Assists with analyzing and collecting quotes for Placement colleague, comparing quotes for markets, reviewing existing client insurance and risk programs and preparing proposal components to better serve clients.
• Processes necessary documentation and follows up on outstanding documentation with the appropriate party to ensure the smooth continuation of the Placement process.
• Requests and oversees follow-up for changes from underwriters and reviews coverage specifications to be submitted to carriers/underwriters to ensure they are accurate.
• Maintains market contact at appropriate levels needed to execute assigned tasks effectively and assist the Placement colleague.
• Maintains a more detailed technical understanding of the Placement business to better assist the Placement colleague

What you need to have?

• Process knowledge of broking business, placement and insurance terminologies
• Ability to prioritize and handle multiple tasks during peak volume periods
• Collaborative mindset across levels and teams
• Good command on MS Office applications (MS-Excel, MS-Word)
• Decision making and Problem-solving skills
• High attention to detail
• Good relationship skills, Proven ability to work on functional initiatives
• Education: Graduate
• Experience: 7 plus years experience in the insurance broking domain

What makes you stand out?

• Adaptable communicator, facilitator, influencer and problem solver
• Certification in Insurance domain.