APA Insurance Hiring Senior Business Developer

by Adonai February 22, 2025

written by Adonai February 22, 2025

Sourcing and procuring of business in line with the set targets/budgets;
Addressing client/customer inquiries and feedback within the timelines stipulated in the service charter and/or SLAs signed with respective clients;
Reviewing the performance of risks through loss ratio reports for both new and existing businesses;
Supporting the premium collection;
Preparing weekly and monthly reports giving details of individual performance on business acquired/lost and feedback on market practices from customers;
Establish an efficient renewal process to achieve the set turnaround time for preparation and issuance of renewal notices for delivery of the desired retention rate;
Prepare Quotations.
Assess, manage, and rate all risks to ensure acceptance and retention of quality business.
Checking policy documents and endorsements in line with the Company’s underwriting manual
Identifying and referring risks that require reinsurance arrangements
Reconciling service provider statements and confirming the status to finance for payments;
Establish proper documentation of risks and timely issuance of certificates, debits, policy documents, and endorsements and communicate effectively to relevant parties on confirmation of the same.
Participating in company CSR and brand-building activities in liaison with other departments.
Deliver on Service Level Agreements.
Reconciliation of client accounts to reflect the business booked status on a monthly basis.

At least 4 years relevant experience
Strong understanding of underwriting principles, risk assessment, and insurance products

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