Head - Employee Benefit Placement

As the Head of EB Placement at Edme Insurance Brokers in Mumbai, your responsibilities will include managing quotes and placements for new business and renewals. It is essential to stay updated with industry trends, insurance products, and regulatory changes to ensure the team is well-informed. Gathering market intelligence through your network and relationships will be crucial for proactive sharing with the team. Reviewing processes and SOPs periodically to maintain quality control and ensuring adherence is necessary. Implementing automation for the end-to-end placement process, including maker-checker at each stage, will streamline operations. Analyzing Gap Analysis reports and supporting the analysis process for large proposals will provide valuable insights for clients. Collaborating with the team to strategize placements based on market intelligence and leveraging relationships with insurance companies to obtain competitive quotes and terms in a timely manner are key aspects of the role. Maintaining strong relationships with senior management at insurers and overseeing interactions with sales teams will be essential for effective client communication. Customer retention and revenue generation will involve liaising with insurers, following efficient renewal processes, and conducting training programs for stakeholders. Building and maintaining relationships with key stakeholders, negotiating with insurers, and ensuring seamless operations for renewals and new policies are crucial tasks. You will also be responsible for system development for process automation, operations management, and ensuring compliance with regulations and group policies. Monitoring team performance, providing training opportunities, and driving engagement to achieve business goals will be part of your team management responsibilities. Overall, your role as the Head of EB Placement will require strong leadership skills, industry knowledge, relationship management abilities, and a focus on process efficiency and compliance to drive success for Edme Insurance Brokers.,