Senior Associate, Insurance Brokers (Financial Lines)

Senior Associate, Insurance Brokers (Financial Lines)

We are looking for talent who manages day-to-day servicing of Financial Lines accounts, including renewals, develops business relationships with clients, reviews coverage terms, conditions, and pricing on new and renewal accounts for corporate clients including the management of liability claims.

Key Responsibilities / Accountabilities

Client Management

• Broking : Review client policies, prepare coverage comparisons, renewal strategies, insurance proposals; verify accuracy of insurance documentation.
• Follow up with insurers on policy documents, notify insurer of any discrepancies, and amendments.
• Maintain business relationships with clients, understanding their insurance needs.
• Respond to incoming enquiries from clients, insurers and third parties.
• Ensure quotations, memorandum of insurance, and billings are correct and complete.
• Follow up with clients on premiums collection and address premium warranty due date.
• Assist in renewal process, preparation of submission and the gathering of information.
• Process slips, quotes, indications, and endorsements duties.
• Review client’s claim status and assist in handling claims where necessary.
• Claims Management : Assist in managing and monitoring employee benefits claims to ensure timely and accurate processing.
• Maintain a basic understanding of the core aspects of relevant Insurance legislation and customer awareness; strengthen established relationships.
• Ensure timely communication with clients and colleagues by offering updates and resolutions when required.
• Adhere to policies and procedures as per the organization’s standards and SOPs.

Claims

Compliance

Representing the Company

Knowledge, Experience and Skills

Seniority level

Employment type

Job function

Industries

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