Quotes Management Process GAP Analysis Loss Ratios Quote Processing Risk Cover
Experience
4 to 6 Years
Industry
Insurance
Functional Area
Other
Urgent requirement for Assistant Manager – Placements (Quotes Management) & Claims as per the JD below: Location: Delhi Industry: Insurance Broking Compensation: As per market standards Roles & Responsibilities: Principal Accountabilities: Accountability: To interact with the Corporate clients on an ongoing basis to support new business requirements, renewals and closures Supporting Actions: · To handle the Quote management process and its SLAs, work towards standardization in the process and also provide technical support to Clients to get the best terms and conditions · To submit a GAP analysis to the clients of their Insurance requirements within specified TAT of receipt of Policy copy · To verify the documents received from clients, analyze them, ensure corrections and share the same with Insurance companies for inviting Quotes · To proactively handle all matters in connection with new Quotes and Renewals including but not limited to queries from clients and Insurers · To compare the Quotes received from Insurance companies, advise the clients on the type of policies to be taken & ensure the best terms, coverage & pricing · To work towards initiatives on process simplification and increase in efficiency on an ongoing basis To constantly manage client expectations, reinforce and expand relationships leading to higher client retention and new business opportunities · To ensure adequate and ongoing training of the Clients on the various key aspects of General insurance like loss ratios, adequacy of loss reserves, sale of salvage, loss adjustment expenses, etc To ensure efficient processing of the day to day Quotes management via constant engagement with Clients and Insurance companies Supporting Actions: · To liaise day to day operational relationships with insurers, clients, etc. for seamless execution of Quote processing, Insurance requirement analysis, negotiations, etc · To follow up for the Quotations from various Insurance companies on various Risk covers and keep all stakeholders informed on developments · To maintain the CD statement and ensuring sufficiency throughout · To generate periodical MIS to measures the efficacy of the Quote management process, TATs, Quote acceptance and conversion ratios, etc and share the same with clients, insurance company and internal management · To track and close Customer complaints and take it up with the Insurance companies, internal teams for effective addressal To ensure effective documentation and retrieval of information for the Quotes transactions Supporting Actions: · To execute tasks as per the Process workflow for the documentation, recording and retrieval of the information for the Quotes Activities and review its robust implementation on an ongoing basis · To track SLAs with the various Insurance companies for reviewing superior service mechanism · To record entries of the records in the SOFTWARE and mapping client records, information, etc accurately · To track requests received in various category and involve the Sales teams/ RMs to quicken closures of the deals and achieving error free endorsements · To prepare MIS dashboards – SLA deliverables, status of critical cases and escalation, policy roll-outs & trainings Eligibility · Should have 4-6 years of Experience in Insurance Industry · Candidate with Associate/Fellowship qualification will be preferred. · Having passed Broker Exam will be an added merit. · Good Communication/ writing Skill MBA/PG in Insurance will be preferred If interested please mail your CV to phillips@p3isolutions.com immediately. Do not forget to mention your present and expected CTC with notice period required to be given. Please use “Application for AM-Quotes Management & claims” as the subject line of your mail. MATTER MOST URGENT NO CHARGES TAKEN