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Business Development Specialist (m/f/d)

📅 Apr 24
Insurance AnalysisBrokerageUnderwritingNegotiation
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📜 Description

  • Systematically compare broker wordings with existing product capabilities.
  • Present, justify, and negotiate product extensions with insurers.
  • Monitor the competitive landscape in Cyber, Fidelity, and IT Professional Indemnity.
  • Maintain and update standard operating procedures for wording versions.

🛠️ Requirements

  • Minimum 3 years of experience in the insurance industry, specifically in brokerage or underwriting.
  • Deep technical understanding of Cyber, Fidelity, and IT Professional Indemnity insurance lines.
  • Proven ability to analyze and draft complex insurance clauses.
  • Strong track record in commercial negotiations.
  • High attention to detail in contractual language.
  • Fluent in German and English.

✨ Benefits

  • Review and analyze complex broker-specific insurance conditions against market standards.
  • Design and draft bespoke insurance modules based on broker demands.
Full job description

Welcome to Baobab Risk Solutions – Your Partner for the Cyber Security of Tomorrow!
The digital world is growing – and with it, the threat of cyberattacks. Every successful attack not only jeopardizes businesses but also undermines trust in our connected society. At Baobab Risk Solutions, we are committed to making the digital world safer – proactively, sustainably, and with cutting-edge technology. Our mission: to protect companies from cyber threats before they arise, contributing to a more secure digital future.
With us, you can shape the digital security of tomorrow. Join a team that doesn’t just watch but actively protects. Your ideas and commitment can make all the difference. If that’s not enough, here’s more:

  • Flexible Working: With your MacBook, you work from home two days per week and ideally come to our Berlin office on the remaining days; a fully remote setup is an option for the perfect match.

  • Attractive Compensation: Competitive salary, quarterly performance bonus and VSOP options.

  • Growth & Career: Grow with us – in a dynamic company with clear advancement opportunities.

  • and many more benefits.

Baobab Risk Solutions – Growing together. Making the digital world safer, together.

Your Mission

  • Reviewing and analyzing complex broker-specific insurance conditions and clauses against market standards.

  • Systematic comparison of requested broker wordings with existing product capabilities and internal wording libraries.

  • Presenting, justifying, and negotiating product extensions and specialized clauses with insurers and capacity providers.

  • Continuous monitoring of the competitive landscape, specifically within Cyber, Fidelity, and IT Professional Indemnity (IT-PI).

  • Designing and drafting bespoke insurance modules and policy endorsements based on broker demands.

  • Acting as the technical interface between broker requirements, internal product management, and external underwriting teams.

  • Maintaining and updating standard operating procedures for wording versions and approved technical extensions.

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