Placement Manager
Placement Manager
Igloo5-7 Years
- Posted 2 months ago
- Be among the first 10 applicants
Job Description
Insurance Partner Management & Negotiation
- Build and maintain strong relationships with local and regional insurance providers to ensure mutually beneficial partnerships
- Negotiate product offerings, premium rates, and coverage terms to secure the most competitive solutions for Igloo's markets
- Collaborate with insurance partners to explore opportunities for new, customized, and digital-first insurance products
- Maintain and regularly update the insurer contact database, establishing a structured cadence for regular insurer visitations, reviews, and meetings
- Assist in drafting and coordinating insurer agreements, service level agreements (SLAs), and formal communications
Insurance Product Development & Delivery
- Work with internal teams (Operations, Product, Commercial, Finance, Legal and Compliance) to refine and align insurance product development processes
- Provide insights into market needs, trends, and competitor activity to shape product design and go-to-market strategies
- Ensure smooth execution and launch of insurance products in collaboration with internal and external stakeholders
Business Development & Market Expansion
- Collaborate on identifying direct business opportunities for Igloo as an insurance broker, targeting industries such as e-commerce, fintech, telecommunications, travel, logistics, and healthcare
- Contribute to formulating strategies to expand Igloo's footprint by offering tailored insurance solutions to businesses
- Help drive lead generation and partnership building to meet quarterly and annual business development targets
Stakeholder Coordination & Collaboration
- Act as the key liaison between insurance partners and internal teams to align priorities and deliverables
- Work cross-functionally to streamline workflows, improve operational efficiencies, and maintain product delivery timelines
- Provide regular updates to leadership on placement activities, partner negotiations, and product development progress
Strategic Insights & Reporting
- Monitor industry trends, competitor strategies, and IC regulatory guidelines to identify growth opportunities and mitigate risks
- Share market intelligence with internal stakeholders to refine business strategies and enhance Igloo's value proposition
- University degree majoring in Insurance, Economics, Business Administration, Finance, Banking, or a related field
- Passed the Basic Non-Life Insurance Course from IIAP, Cert CII from Chartered Insurance Institute, or equivalent industry-recognized professional trainings/seminars
- Deep understanding of the insurance market and comprehensive knowledge of insurance law
- Minimum of 5 years of experience in insurance placement, underwriting, or broking within the insurance industry
- Strong analytical skills with the ability to interpret complex data and make sound business decisions
- Excellent communication and interpersonal skills to build relationships with internal and external partners
- Attention to detail and the ability to work effectively in a high-pressure, fast-paced environment
- Strong knowledge of insurance principles, underwriting guidelines, and relevant regulatory requirements
- Proficiency in computer applications, including advanced spreadsheets, databases, underwriting software, and AI
- Fluent in English with strong written and verbal proficiency
More Info
Key Skills
Insurance placement
Advanced spreadsheets
Underwriting software
