Associate - Insurance Placements

Posted 3 Hours Ago
Be an Early Applicant
Bengaluru, Karnataka
Entry level
Insurance
The Role
The Associate - Placements role at Plum involves evaluating risks, negotiating with insurers, handling accounts, and providing sales support. Responsibilities include presenting risks to insurance companies, understanding client requirements, generating quotes, and driving cross-functional teams towards common objectives.
Summary Generated by Built In

About Plum


Plum is an employee insurance and health benefits platform focused on making health insurance simple, accessible and inclusive for modern organizations.


Healthcare in India is seeing a phenomenal shift with inflation in healthcare costs 3x that of general inflation. A majority of Indians are unable to afford health insurance on their own; and so as many as 600mn Indians will likely have to depend on employer-sponsored insurance.


Plum is on a mission to provide the highest quality insurance and healthcare to 10 million lives by FY2030, through companies that care. Plum is backed by Tiger Global and Peak XV Partners.


About the Role:


Identifying & Understanding Risk, Preparing RFQ and Comparative, Negotiating with Insurers pricing, terms & conditions, Account Handling, Sales support

Roles and Responsibilities

  • Evaluate and present the risk to insurance companies (suggesting additional covers depending on the client profile).
  • Working with client facing colleagues to understand client's requirements and provide end to end solution for placing the business with the insurers i.e. generating quotes, preparing a comparative statement, follow up and policy vetting.
  • Identifying risk exposures of the client, understanding the insurance requirements and providing them with insurance solutions.
  • Business awareness and industry knowledge
  • Ability to drive cross functional team for common objectives.
  • Interact with key clients of Group business from time to time to understand their concerns and identify improvement areas

Experience and Qualifications:

  • 0 - 3 years of experience.
  • Excellent communications skills.
  • Has insurance experience.
The Company
Bengaluru, Maharashtra
434 Employees
On-site Workplace
Year Founded: 2019

What We Do

Plum helps companies care better for their employees by offering insurance and health benefits that are simple, inclusive, and accessible. We eliminate the complexities associated with insurance and make it easy for employees to understand their policies, use their insurance & benefits, and initiate claims. Plum is backed by Tiger Global & Peak XV Partners (formerly Sequoia Capital).

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