- Role Summary. The Medical Insurance Broker specializes in offering tailored insurance solutions for businesses, focusing on both medical and general insurance needs.
- This role requires a deep understanding of business operations, employee benefits, and commercial risks to ensure our clients are comprehensively covered.
Job Responsibilities
- Business Consultation: Engages with clients to understand their operations, risks, and insurance needs, ensuring the provision of suitable insurance products. Conducts detailed evaluations of business operations to identify potential vulnerabilities and areas of risk exposure. Identify pain points, likes, dislikes about current policies and advise accordingly
- Policy Customisation: Designs and recommends insurance packages that cover medical and general insurance needs, ensuring businesses are adequately protected against unforeseen events. Working closely with underwriters and insurance companies to negotiate terms that align with client needs.
- Renewals and Policy Management: Regularly review and renew corporate insurance policies, updating coverage based on changes in business operations or risk profiles. Assists clients where necessary in the utilization of their insurance policies.
- Market Awareness: Stays updated on the insurance market’s latest trends, products, and regulatory changes, particularly those affecting the B2B segment.
- New Business Development: Attends industry events, seminars, and workshops and any networking events to foster relationships with potential business clients, and keep abreast of industry developments and challenges.
Qualifiactions
- Proven experience as an insurance broker, with a focus on the B2B market.
- Strong understanding of medical and general insurance products and their relevance tobusinesses.
- Excellent communication, negotiation, and presentation skills.
- Ability to build and maintain relationships with a variety of stakeholders.
- Detail-oriented with strong analytical and problem-solving skills.