Placement Manager - General Insurance

Reposted Yesterday
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DKI Jakarta, IDN
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
The Placement Manager supervises insurance sourcing, conducts risk assessments, analyzes policy compliance, collaborates on product development, and evaluates claim trends for strategic decisions.
Summary Generated by Built In
Job Description

  • Supervised the sourcing of insurance backup solutions aligned with Business Development (BD) requests, including negotiation with insurers to secure the most suitable terms.

  • Conducted periodic reviews of Terms and Conditions (TC) to ensure alignment with current market conditions.

  • Performed risk analysis and assessment for items to be insured, ensuring proper coverage and minimal exposure.

  • Analyzed policy clauses to verify compliance with requested terms, ensuring accuracy and adequacy of received policies.

  • Collaborated with cross-functional teams to explore opportunities for more comprehensive product development.

  • Evaluated claim trends and their impact on insurance proposals, contributing to strategic pricing and coverage decisions.

Qualifications

  • Bachelor’s degree in Insurance, Risk Management, Business Administration, Finance, or a related field.

  • Minimum 5 years of experience in insurance placement in the insurance broker industry.

  • Demonstrated ability to supervise, mentor, and coordinate team efforts to achieve departmental goals and project deadlines.

  • Strong understanding of insurance products, policy wording, and risk assessment frameworks.

  • In-depth understanding of various insurance coverages across multiple product lines (e.g., property, liability, marine, engineering, etc.).

  • Proven experience in negotiating with insurers and securing favorable terms and conditions.

  • Ability to analyze policy clauses and assess alignment with business requirements.

  • Solid knowledge of market trends, insurance regulations, and claim analytics.

  • Strong analytical skills with the ability to interpret data and identify insights for strategic decision-making.

  • Experience in cross-functional collaboration for product or service development.

  • Excellent communication, negotiation, and stakeholder management skills.

Skills Required

  • Bachelor's degree in Insurance, Risk Management, Business Administration, Finance, or a related field
  • Minimum 5 years of experience in insurance placement in the insurance broker industry
  • Strong understanding of insurance products, policy wording, and risk assessment frameworks
  • Proven experience in negotiating with insurers and securing favorable terms and conditions
  • Strong analytical skills with the ability to interpret data and identify insights for strategic decision-making
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The Company
HQ: Jakarta
468 Employees
Year Founded: 2015

What We Do

We are a technology startup that engages in the Indonesian financial technology area. We are based in Jakarta and we're founded by ex-silicon valley engineers. Our vision is to use technology to make financial information more available and more useful to everyone. Our mission is to enable people to take control of their financial situation and save a lot of money by doing so. Our products allow people to easily make the best financial decision for their situation. Come join our adventure in transforming Indonesian financial landscape through technology.

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