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Placement Manager

Placement Manager

Igloo
  • 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

Requirements


    • 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

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Key Skills

Insurance placement

Advanced spreadsheets

Underwriting software

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