Insurance Executive

Venkataeswara Hospitals, Chennai is looking for Insurance Executive to join our dynamic team and embark on a rewarding career journey

• You will be responsible for managing a portfolio of clients, analyzing their insurance needs, and recommending appropriate coverage options
• You will also be responsible for developing new business opportunities, building relationships with potential clients, and negotiating terms to secure new accounts

Key Responsibilities:

• Client Management: Build and maintain strong relationships with existing clients, serving as their primary point of contact for all insurance-related matters
• Conduct regular reviews to assess their evolving needs and recommend adjustments to their coverage as necessary
• New Business Development: Identify and pursue opportunities to expand our client base, targeting key industries and market segments
• Develop strategies to attract new clients, including cold calling, networking, and attending industry events
• Risk Assessment: Conduct thorough risk assessments for clients to understand their unique exposures and insurance requirements
• Analyze data and industry trends to anticipate potential risks and recommend proactive risk management solutions
• Policy Analysis: Evaluate insurance policies to ensure they provide adequate coverage for clients' needs
• Review policy terms and conditions, exclusions, and endorsements to identify any gaps or deficiencies in coverage
• Negotiation: Negotiate terms and conditions with insurance carriers to obtain the most favorable terms for clients
• Advocate on behalf of clients to secure competitive premiums, favorable policy terms, and optimal coverage limits
• Compliance: Stay abreast of regulatory changes and industry developments affecting the insurance landscape
• Ensure compliance with all relevant laws, regulations, and industry standards in the placement and servicing of insurance policies
• Team Collaboration: Collaborate with internal teams, including underwriting, claims, and risk management, to deliver comprehensive solutions to clients
• Coordinate with colleagues to address client inquiries, resolve issues, and streamline the insurance process