21 Insurance Broker jobs in Bahrain
Commercial Insurance Broker
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Prospect for new commercial insurance clients and develop a robust sales pipeline.
- Analyze client business operations to identify insurance needs and risks.
- Present and explain insurance policies and coverage options.
- Negotiate terms and pricing with clients and insurance carriers.
- Manage client accounts, ensuring satisfaction and retention.
- Process policy applications, renewals, and endorsements.
- Stay informed about insurance products, market conditions, and regulatory requirements.
- Build strong relationships with clients, underwriters, and claims adjusters.
- Bachelor's degree in Business, Marketing, or a related field.
- Minimum of 3 years of experience in insurance sales or brokerage, specifically with commercial lines.
- Valid insurance broker license.
- Proven sales track record and ability to meet targets.
- Excellent communication, negotiation, and interpersonal skills.
- Strong understanding of commercial insurance products and risk management principles.
- Proficiency in CRM software and Microsoft Office Suite.
Commercial Insurance Broker
Posted 9 days ago
Job Viewed
Job Description
Key responsibilities include:
- Prospecting and developing new commercial insurance clients through networking, lead generation, and referrals.
- Assessing clients' business operations and risk exposures to identify their insurance needs.
- Recommending and presenting appropriate commercial insurance products and coverage options from various carriers.
- Negotiating terms, conditions, and pricing with insurance companies to secure the best coverage for clients.
- Developing and maintaining strong relationships with clients, providing excellent customer service and support.
- Managing a portfolio of commercial accounts, including policy renewals, endorsements, and claims assistance.
- Staying up-to-date with industry developments, regulatory changes, and new insurance products.
- Collaborating with internal teams, such as claims adjusters and underwriters, to ensure seamless client service.
- Achieving sales targets and contributing to the overall growth of the agency.
- Ensuring compliance with all relevant insurance regulations and ethical standards.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Minimum of 3-5 years of experience as an insurance broker or in a sales role within the insurance industry, with a focus on commercial lines.
- Relevant insurance licensing and certifications (e.g., Chartered Insurance Professional - CIP).
- Proven track record of achieving sales goals and building a strong client base.
- In-depth knowledge of commercial insurance products, underwriting processes, and risk management principles.
- Excellent communication, negotiation, and interpersonal skills.
- Strong understanding of CRM software and sales management tools.
- Ability to work independently and manage time effectively.
Commercial Insurance Broker
Posted 15 days ago
Job Viewed
Job Description
Key Responsibilities:
- Identify and cultivate relationships with prospective commercial clients to understand their insurance needs.
- Analyze clients' business operations and risk exposures to recommend suitable insurance policies.
- Source and present competitive insurance proposals from a variety of reputable insurers.
- Negotiate terms, conditions, and pricing with insurance carriers on behalf of clients.
- Explain complex insurance policies and coverage details clearly and concisely to clients.
- Manage a portfolio of existing commercial clients, providing ongoing service and support.
- Handle policy renewals, endorsements, and claims processing assistance.
- Stay informed about market trends, new insurance products, and regulatory changes affecting commercial insurance.
- Achieve and exceed sales targets and business development objectives.
- Collaborate with underwriting teams and claims adjusters to ensure seamless service delivery for clients.
- Maintain accurate client records and manage sales pipelines using CRM software.
- Adhere to all ethical standards and regulatory requirements for insurance broking.
- Build a strong professional network within the business community.
- Provide exceptional customer service to foster long-term client relationships.
- Continuously develop product knowledge and sales skills through training and self-study.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Valid insurance broker license or willingness to obtain one.
- Minimum of 4 years of experience in insurance sales or broking, with a focus on commercial lines.
- Proven track record of meeting and exceeding sales targets.
- In-depth knowledge of commercial insurance products, including property, casualty, liability, and specialty lines.
- Excellent communication, negotiation, and interpersonal skills.
- Strong sales and business development capabilities.
- Proficiency in MS Office Suite and experience with CRM software.
- Ability to analyze client needs and present tailored solutions.
- Proactive, self-motivated, and results-oriented with a high level of integrity.
- Good understanding of the local business landscape and regulatory environment.
- Ability to build rapport and trust with clients.
Commercial Insurance Broker
Posted 15 days ago
Job Viewed
Job Description
Commercial Insurance Broker
Posted 15 days ago
Job Viewed
Job Description
Key responsibilities include:
- Consulting with business clients to identify their unique insurance needs and risks.
- Developing and presenting comprehensive insurance proposals and coverage plans.
- Negotiating terms and premiums with insurance carriers to secure the best possible coverage for clients.
- Managing a portfolio of commercial clients, ensuring their policies are up-to-date and adequate.
- Providing expert advice on risk management strategies and loss prevention techniques.
- Building and maintaining strong relationships with clients, underwriters, and insurance company representatives.
- Handling client inquiries, claims assistance, and policy renewals efficiently and professionally.
- Staying informed about market trends, new products, and regulatory changes in the commercial insurance sector.
- Achieving and exceeding sales targets and business development goals.
- Collaborating with internal teams to ensure seamless service delivery.
- Conducting market research to identify new business opportunities.
- Adhering to all industry regulations and ethical standards.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Proven experience as an insurance broker, with a strong focus on the commercial sector.
- Valid insurance broker license or the ability to obtain one.
- Excellent sales, negotiation, and communication skills.
- In-depth knowledge of commercial insurance products and risk management principles.
- Strong networking and relationship-building capabilities.
- Proficiency in CRM software and insurance management systems.
- Ability to analyze complex client needs and develop customized solutions.
- A results-oriented mindset with a track record of achieving sales targets.
- Strong understanding of the local business landscape.
This is an exceptional opportunity to advance your career in insurance brokerage within a supportive and growth-oriented environment in **Nuwaidrat**.
Specialty Lines Insurance Broker
Posted today
Job Viewed
Job Description
Responsibilities:
- Develop and execute strategies to identify and acquire new specialty lines insurance clients.
- Build and maintain strong relationships with existing clients, ensuring their evolving insurance needs are met.
- Analyze client businesses and risk exposures to recommend appropriate specialty insurance products.
- Source and negotiate insurance coverage from various carriers to secure the best terms and conditions.
- Prepare and present insurance proposals and recommendations to clients.
- Explain complex insurance policies and coverage details clearly and concisely.
- Stay informed about industry trends, new products, and regulatory changes affecting specialty lines of insurance.
- Collaborate with underwriters to facilitate the efficient placement of risks.
- Meet and exceed sales targets and performance objectives.
- Provide excellent post-sale service and support to clients.
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Minimum of 3 years of experience in insurance sales, brokerage, or a related financial services role.
- Proven success in prospecting, developing, and closing sales.
- Strong understanding of various specialty insurance lines (e.g., E&O, D&O, Cyber, EPLI).
- Excellent communication, negotiation, and interpersonal skills.
- Ability to analyze client needs and match them with appropriate insurance solutions.
- Self-motivated, goal-oriented, and able to work independently.
- Proficiency in CRM software and Microsoft Office Suite.
- Possession of relevant insurance licenses (e.g., Producer License) is required.
- Knowledge of the local market and business landscape is a plus.
Senior Commercial Insurance Broker
Posted 15 days ago
Job Viewed
Job Description
The ideal candidate will possess a strong sales acumen, exceptional communication, and negotiation skills. You should have a proven track record of meeting and exceeding sales targets within the insurance industry. Key responsibilities include prospecting for new clients, preparing proposals and quotations, and managing the entire sales cycle. The successful candidate will also stay updated on market trends, regulatory changes, and new insurance products to provide the best possible advice and service to clients. Building and maintaining strong relationships with insurance carriers is also crucial. We are looking for a proactive, results-oriented individual with a passion for sales and client satisfaction. A comprehensive understanding of commercial insurance lines, such as property, casualty, liability, and professional indemnity, is essential. This role offers significant earning potential through competitive commissions and bonuses. Join a reputable firm that values its employees and offers opportunities for professional growth and development. Your expertise will be key to expanding our commercial client base.
Qualifications:
- Bachelor's degree in Business, Finance, Marketing, or a related field.
- Minimum of 5 years of experience as a Commercial Insurance Broker or similar sales role in insurance.
- Proven track record of achieving sales targets and developing new business.
- In-depth knowledge of commercial insurance products and the insurance market.
- Excellent sales, negotiation, and presentation skills.
- Strong client relationship management abilities.
- Proficiency in insurance CRM software and MS Office Suite.
- Relevant insurance certifications (e.g., ACII) are highly desirable.
- Ability to work independently and as part of a sales team.
- Excellent communication and interpersonal skills.
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Senior Commercial Insurance Broker
Posted 15 days ago
Job Viewed
Job Description
Key Responsibilities:
- Develop and maintain a strong portfolio of commercial insurance clients.
- Identify and pursue new business opportunities through networking and referrals.
- Conduct comprehensive risk analysis and advise clients on appropriate insurance coverage.
- Source and negotiate competitive insurance quotes from various carriers.
- Manage the renewal process for existing clients, ensuring retention and satisfaction.
- Provide exceptional client service and support throughout the policy lifecycle.
- Stay updated on market trends, new products, and regulatory changes.
- Collaborate with internal teams to ensure efficient service delivery.
- Handle client inquiries and resolve issues promptly and effectively.
- Achieve sales and retention targets.
- Bachelor's degree in Business, Marketing, Finance, or a related field.
- Relevant insurance certifications (e.g., CIAM, CIP) are highly desirable.
- Minimum of 7 years of experience in commercial insurance brokerage or sales.
- Proven ability to build and maintain client relationships.
- Strong understanding of commercial insurance products and the market.
- Excellent negotiation, communication, and presentation skills.
- Self-motivated with a results-oriented approach.
Risk Assessment Analyst
Posted 5 days ago
Job Viewed
Job Description
Key Responsibilities:
- Identify and assess potential risks across all business units and product lines.
- Develop and implement comprehensive risk management policies and procedures.
- Conduct quantitative and qualitative risk analysis, including financial modeling and scenario planning.
- Monitor and evaluate the effectiveness of risk mitigation strategies.
- Prepare detailed risk reports and present findings to senior management.
- Ensure compliance with relevant industry regulations and legal requirements.
- Collaborate with internal audit and compliance teams.
- Develop and deliver risk management training to staff.
- Stay updated on emerging risks and industry best practices in risk management.
- Assist in the development of business continuity and disaster recovery plans.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
- Minimum of 4 years of experience in risk management, actuarial science, or a related analytical role within the insurance industry.
- Strong understanding of risk assessment methodologies, statistical analysis, and financial modeling.
- Proficiency in risk management software and tools.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong written and verbal communication skills, with the ability to present complex information clearly.
- Ability to work independently and as part of a team.
- Professional certifications such as FRM or PRM are a plus.
Senior Risk Assessment Analyst
Posted today
Job Viewed
Job Description
- Develop and maintain advanced statistical models for risk assessment and pricing.
- Conduct in-depth analysis of market trends, economic indicators, and geopolitical events to forecast potential impacts on the business.
- Collaborate with cross-functional teams to implement risk mitigation strategies and policies.
- Monitor and evaluate the effectiveness of existing risk management protocols.
- Prepare detailed reports and presentations for senior management, outlining risk exposures and recommendations.
- Stay abreast of emerging risks and regulatory changes impacting the insurance industry.
- Mentor junior analysts and contribute to the team's overall knowledge base.
- Utilize data analytics tools and programming languages (e.g., Python, R) to support risk modeling and analysis.
- Ensure compliance with all relevant industry regulations and internal policies.
- Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field. A Master's degree is preferred.
- Minimum of 5 years of experience in risk management, actuarial science, or a related analytical role within the insurance industry.
- Proven expertise in statistical modeling, data analysis, and risk assessment techniques.
- Proficiency in programming languages such as Python, R, or SQL.
- Strong understanding of insurance products, markets, and regulatory frameworks.
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional communication and interpersonal skills, with the ability to convey complex information clearly and concisely to diverse audiences.
- Ability to work independently and collaboratively in a remote, fast-paced environment.
- Professional certifications such as FRM or PRM are highly desirable.