H&B Placement Manager
Al Khobar, Eastern Province, Saudi Arabia. Riyadh, Riyadh Province, Saudi Arabia
H&B Placement Manager
202407648
Al Khobar, Eastern Province, Saudi Arabia Riyadh, Riyadh Province, Saudi Arabia
Full time
Closing on: Nov 29 2024
Description
This role is at a placement/broking level. Works alongside the client relationship and business development team in the placement of Health and Benefits insurance programs. Takes ownership of the renewal cycle for all placement activities pertaining to their assigned accounts, ensuring the timely production of quotations, coverage specifications, prepares submissions, presents submissions and negotiates with insurers to secure the best possible terms and coverage that meets the client’s needs. Advises Account Managers and business development teams on which carrier to select and prepares and presents client proposals. Binds cover and quotes. Prepares periodic performance reports based on the analysis of client claims data, and advises Account Managers on problematic areas of policy performance and cost-saving opportunities, within the overall goal of improving the health of the client’s policy and the attractiveness of the client’s risk to insurers.
The Role
Responsibilities
Provides coverage and program design advice and expertise to client relationship managers and business development team. Attends client meetings with the client relationship manager and or business development team on all renewals. Communication with client relationship and business development team regarding program, program improvements, overall insurance policy performance and highlighting problematic areas, cost-saving opportunities, benchmarking of clients benefits, and options on coverage changes. Analyzes claims data and creates claims utilization reports Identify appropriate markets and work within Head of Placement’s placement strategy. Negotiates with carrier’s prices and coverages. Works towards a multi-year plan of improving the health of clients’ insurance policies, and making their risks more attractive to the market Assists as technical resource for less experienced placement team members. Complies with WTW guidelines and procedures; adherence to the Excellence Framework.
Relationship Management
Liaise with clients in coordination with Client Account Managers and build strong relationships. Build and maintain strong relationships with insurers on multiple levels and channels. Understand clients business and risk appetite and look for solutions to deliver those needs through the provision of ongoing servicing. Draw on expertise from within H&B team as and when required. Maintain consistent/high quality touch points by phone and face-to-face with clients in coordination with Client Account Managers. Participate in stewardship meetings (Renewals). Support Client Management team in identifying and closing rounding opportunities. Work to annualised service plans that define engagement and timing of engagement with the client. Proactively work with operations and IT to ensure smooth delivery of day-to-day servicing.
Duties
Works with internal and external sources to identify opportunities to work collaboratively Supports the development of further business opportunities through service opportunities Increases the standing of Willis Towers Watson as a service organisation in the eyes of internal and external clients.
Qualifications
The Requirements
Qualifications
University Diploma or Bachelor’s Degree level education Working towards CII qualifications. IFCE certified. Relevant Health & Benefits experience and expertise.
Skills
Proven track record of delivering high levels of client service. Skilled at building effective relationships, at all levels, with clients, prospects and insurers. Fluent in English and Arabic, verbal and written IT: Median knowledge of standard Microsoft packages is essential. Strong communication, negotiation and influencing skills. Ability to represent WTW with integrity and credibility
Experience
Proven track record of delivering high levels of client service. Knowledge of Willis products and services Strong communication, negotiation and influencing skills. Ability to represent WTW multi-levels of a corporation. Experienced knowledge of insurance markets to deal effectively with client and WTW needs.
Equal Opportunity Employer
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Consulting
Compensation Analyst
Sao Paulo, Brazil