Financial Lines Insurance Specialist

About the job

Job Description Experience: 6 – 8 years Qualification: LLB, LLM, MBA Finance, Chartered Financial Analyst (CFA) certification Overview: We are seeking a highly qualified and experienced individual to join our team as a Financial Lines Insurance Specialist. The ideal candidate will possess a strong educational background in law and finance, coupled with extensive experience in both banking and insurance, particularly in the realm of financial lines insurance. The role requires a deep understanding of legal and financial principles, coupled with excellent analytical skills and the ability to mitigate risks effectively. Key Responsibilities: • Analyze and assess risks associated with financial lines insurance products, including Credit insurance, Directors and Officers (D&O) insurance, Professional Indemnity (PI) insurance, and Cyber Liability insurance. • Develop and implement risk management strategies to protect clients' financial assets and mitigate potential liabilities. • Collaborate with underwriters, actuaries, and legal professionals to structure insurance policies that meet the specific needs of clients. • Conduct thorough legal and financial due diligence on prospective clients and their operations to identify potential risks and liabilities. • Provide expert advice and guidance to clients on insurance coverage options, policy terms, and regulatory compliance. • Review and negotiate insurance contracts, endorsements, and policy wordings to ensure clarity and alignment with clients' interests. • Monitor industry trends, regulatory changes, and emerging risks in the financial services sector to adapt insurance offerings accordingly. • Liaise with claims management teams to facilitate the timely resolution of insurance claims and disputes. • Serve as a subject matter expert on financial lines insurance products, delivering training sessions and presentations to internal teams and clients as needed. • Maintain strong relationships with clients, brokers, and other stakeholders to drive business growth and retention.

Qualifications

• LLB
• LLM
• MBA Finance
• Chartered Financial Analyst (CFA) certification