Insurance Specialist

Insurance specialist who will encompasses responsibilities related to insurance products and services and revolves around helping clients protect themselves, their assets, and their loved ones from potential financial losses by providing appropriate insurance solutions and reliable advice.

· Conducting thorough assessments of clients' insurance needs, analyzing their risks, and understanding their financial situations to determine the most suitable insurance products

· Offering professional guidance and expertise to clients, explaining the details of various insurance policies, coverage options, and potential exclusions to help them make informed decisions

· Actively promoting insurance products and services, identifying potential clients, and expanding the client base to achieve sales targets and business growth

· Tailoring insurance policies to meet the specific requirements of individual clients or businesses, ensuring they have adequate coverage for their unique risks

· Managing insurance policies, including policy renewals, endorsements, and amendments, to ensure clients' coverage remains up-to-date and relevant

· Assisting clients with filing insurance claims, facilitating communication with insurance providers, and ensuring timely and fair claim settlements

· Ensuring strict compliance with industry regulations, ethical standards, and legal requirements in all insurance-related activities

· Evaluating potential risks faced by clients and proposing risk management strategies to minimize exposure to financial losses

· Establishing strong relationships with clients through excellent customer service, addressing their concerns, and providing ongoing support and assistance

· Staying updated on industry trends, market conditions, and changes in insurance products to offer the most relevant and competitive solutions to clients

· Maintaining accurate and organized records of client interactions, insurance policies, claims, and other relevant information as per AGIB standards

· Working closely with insurance companies and underwriters to negotiate terms, secure favourable coverage, and resolve any issues on behalf of clients

· Engaging in ongoing training and professional development to enhance knowledge of insurance products, regulations, and sales techniques

**Knowledge, Qualifications & Skills required:**.

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A bachelor’s degree in business, Finance, Insurance, or a related field

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Minimum 2 -5 proven years of experience in insurance underwriting, claims, or brokerage. .

Proficiency in policy review, risk assessment, underwriting authorities

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Strong relationship management skills to deal with brokers, clients, and underwriters

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Excellent communication skill