Senior Manager - Placement (Commercial lines)

Job Description

Role: Senior Manager - Placement (Commercials Lines)

Experience: 8+ Years

Location: Mumbai

Industry: Broking (Preferred)

Mode: 5 days (WFO)

Key Responsibilities: Placement & Underwriting (Property, Fire & Miscellaneous Insurance)

Managed end-to-end placement of Property, Fire, and Miscellaneous insurance risks, including new business, renewals, and endorsements
Analyzed risk submissions, underwriting data, and coverage requirements; structured insurance programs using layering, co-insurance, and reinsurance
Built and maintained strong relationships with domestic and international insurers, reinsurers, and underwriting agencies
Negotiated terms, premiums, deductibles, capacities, and coverage extensions to achieve optimal client outcomes
Collaborated with sales, servicing, and claims teams to support client acquisition, retention, and complex risk placements
Provided technical expertise on coverage, policy wordings, and insurance program structures; participated in client discussions and negotiations
Tracked market trends, insurer appetite, pricing movements, regulatory changes, and emerging risks to support placement strategy
Ensured compliance with IRDAI regulations and internal policies, managed policy issuance, documentation, MIS reporting, and audit requirements

Qualifications & Experience

• Graduate / Postgraduate in any discipline.

• Experience handling large, complex, and high-value corporate risks.

• 8-12+ years of relevant experience in insurance placements, underwriting, or broking.

• Prior experience with an insurance broker or insurer handling corporate property and misc risks is mandatory.

• Exposure to multi-location and large corporate accounts will be an advantage.

If Interested kindly share your updated resume on sakshi@beanhr.com