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Placement Manager

Igloo

Makati, PhilippinesFull-timeNo compensation foundPosted 1mo agoVerified open 3 days ago
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At a glance

Compensation
No compensation found
Location
Makati, Philippines
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Basic Non-Life Insurance Course From IIAP, Cert CII From Chartered Insurance Institute, Or Equivalent Industry-Recognized Professional Trainings/Seminars

Job overview

Igloo is hiring a Placement Manager. The Placement Manager builds and maintains strong relationships with insurance providers, negotiating product offerings and coverage terms. This role involves collaborating with internal teams and external stakeholders to develop and launch insurance products, identify business opportunities, and expand market presence. The manager also monitors industry trends and regulatory guidelines to inform business strategies.

Key focus areas include Build and maintain strong relationships with local and regional insurance providers., Negotiate product offerings, premium rates, and coverage terms., and Collaborate with insurance partners to explore new product opportunities..

Successful candidates bring University Degree In Insurance Or Related Field, Basic Non-Life Insurance Course Or Cert CII Or Equivalent, and 5+ Years Insurance Placement Experience. Important skills include Insurance Partner Management, Negotiation, Product Development, Market Analysis, Business Development, and Stakeholder Coordination.

Skills & qualifications

RequiredNice to have

Skills

Insurance Partner ManagementNegotiationProduct DevelopmentMarket AnalysisBusiness DevelopmentStakeholder CoordinationStrategic InsightsReportingAnalytical SkillsCommunicationInterpersonal SkillsAttention to DetailWork Effectively in a High-Pressure, Fast-Paced EnvironmentInsurance PrinciplesUnderwriting GuidelinesRegulatory RequirementsAdvanced SpreadsheetsDatabasesUnderwriting SoftwareArtificial IntelligenceFluent EnglishWritten English ProficiencyVerbal English Proficiency

Qualifications

University Degree Majoring in Insurance, Economics, Business Administration, Finance, Banking, or Related FieldBasic Non-Life Insurance Course From IIAP, Cert CII From Chartered Insurance Institute, or Equivalent Industry-Recognized Professional Trainings/SeminarsDeep Understanding of the Insurance MarketComprehensive Knowledge of Insurance Law5 Years of Experience in Insurance Placement, Underwriting, or Broking Within the Insurance Industry

Full job description

Insurance Partner Management & Negotiation

  • Build and maintain strong relationships with local and regional insurance providers to ensure mutually beneficial partnerships.

  • Negotiate product offerings, premium rates, and coverage terms to secure the most competitive solutions for Igloo’s markets.

  • Collaborate with insurance partners to explore opportunities for new, customized, and digital-first insurance products.

  • Maintain and regularly update the insurer contact database, establishing a structured cadence for regular insurer visitations, reviews, and meetings.

  • Assist in drafting and coordinating insurer agreements, service level agreements (SLAs), and formal communications. Insurance Product Development & Delivery

  • Work with internal teams (Operations, Product, Commercial, Finance, Legal and Compliance) to refine and align insurance product development processes.

  • Provide insights into market needs, trends, and competitor activity to shape product design and go-to-market strategies.

  • Ensure smooth execution and launch of insurance products in collaboration with internal and external stakeholders. Business Development & Market Expansion

  • Collaborate on identifying direct business opportunities for Igloo as an insurance broker, targeting industries such as e-commerce, fintech, telecommunications, travel, logistics, and healthcare.

  • Contribute to formulating strategies to expand Igloo’s footprint by offering tailored insurance solutions to businesses.

  • Help drive lead generation and partnership building to meet quarterly and annual business development targets. Stakeholder Coordination & Collaboration

  • Act as the key liaison between insurance partners and internal teams to align priorities and deliverables.

  • Work cross-functionally to streamline workflows, improve operational efficiencies, and maintain product delivery timelines.

  • Provide regular updates to leadership on placement activities, partner negotiations, and product development progress. Strategic Insights & Reporting

  • Monitor industry trends, competitor strategies, and IC regulatory guidelines to identify growth opportunities and mitigate risks.

  • Share market intelligence with internal stakeholders to refine business strategies and enhance Igloo’s value proposition.

  • University degree majoring in Insurance, Economics, Business Administration, Finance, Banking, or a related field.

  • Passed the Basic Non-Life Insurance Course from IIAP, Cert CII from Chartered Insurance Institute, or equivalent industry-recognized professional trainings/seminars.

  • Deep understanding of the insurance market and comprehensive knowledge of insurance law.

  • Minimum of 5 years of experience in insurance placement, underwriting, or broking within the insurance industry.

  • Strong analytical skills with the ability to interpret complex data and make sound business decisions.

  • Excellent communication and interpersonal skills to build relationships with internal and external partners.

  • Attention to detail and the ability to work effectively in a high-pressure, fast-paced environment.

  • Strong knowledge of insurance principles, underwriting guidelines, and relevant regulatory requirements.

  • Proficiency in computer applications, including advanced spreadsheets, databases, underwriting software, and AI.

  • Fluent in English with strong written and verbal proficiency.

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