Senior Placement Executive

Senior Placement Executive, Employee Benefits

The Senior Account Executive within the medical insurance broking and placement team is responsible for managing insurer relationships, conducting market reviews, and overseeing the placement of medical and group life insurance policies, including internal bookings and compliance checks. The role involves assessing client risks, sourcing and analyzing insurer quotes, preparing comparative analyses, and developing clear, tailored presentations.

Responsibilities:

• Build and maintain strong relationships with insurers and clients, acting as their primary point of contact for placement activities.
• Conduct risk assessments and market reviews to understand client insurance needs and objectives, ensuring coverage is tailored to their requirements.
• Request quotes from insurers, analyze premium and coverage options, and prepare detailed comparisons to support client decision-making.
• Collaborate with internal teams and external insurers to design and implement effective medical insurance plans.
• Prepare presentation with the proposed options, providing clear explanations of benefits, exclusions, and pricing, ensuring alignment with their risk profile.
• Manage the policy placement process, negotiating with insurers to secure the best possible terms for clients.
• Assist with policy renewals, ensuring competitive terms and addressing any plan changes or enhancements as required.
• Stay informed about market trends, industry developments, and regulatory changes affecting the insurance landscape.
• Prepare detailed reports and presentations on insurance offerings, market conditions, and client benefits utilization.

Requirements:

• Bachelor's degree in Business Administration or a related field.
• Proven experience of at least 3 years in handling policy placement within Employee Benefits Insurance.
• Strong analytical abilities to assess risks and compare insurance quotes effectively.
• Knowledge of employee benefits products, trends, and best practices in the UAE.
• Strong problem-solving skills and attention to detail.

What do we offer in return

A career that you define, supported by a strong commitment to technical and soft skills training.

We offer a comprehensive package of rewards and benefits - including great medical insurance, competitive salary, and more.

We provide a workplace where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

Our Culture: People First

Our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

Diversity & Inclusion

At HOWDEN we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, marital status or family circumstances.