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Baobab

Business Development Specialist

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Description

  • 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

Benefits

  • Flexible work options - you work from home or our offices in Berlin and Cologne
  • 28 Vacation Days - plus Christmas Eve & New Year’s Eve
  • Competitive Compensation - Attractive salary & equity options
  • Financial Support - subsidized Germany ticket and Wellpass membership, company pension support and corporate benefit access
  • Continuous Learning - Support for your professional growth and development, both internally and through access to the Udemy Business platform
  • Team & Social Events - Regular team events to get the entire team together from across Germany
  • Challenging & Supportive Culture - Work with motivated colleagues in an environment where you can grow, achieve, and enjoy the journey
  • Strong track record in commercial negotiations, with the ability to “sell” technical risks and extensions to capacity providers
  • Proven ability to analyze, differentiate, and draft complex insurance clauses and legal conditions
  • High level of attention to detail and the ability to identify subtle nuances in contractual language
  • Deep technical understanding of Cyber, Fidelity (Vertrauenschaden), and IT Professional Indemnity (IT-VH) insurance lines
  • Minimum 3 years of experience in the insurance industry, specifically within a brokerage or underwriting environment
  • English: business fluent
  • German: business fluent / native
  • A degree in Law or specialized Insurance Law (Versicherungsfachwirt/Betriebswirt)
  • Experience in agile product development or project management methodologies
  • Background in claims handling for financial lines, providing insight into how clauses perform in loss scenarios
  • Experience with digital insurance platforms and the technical implementation of wordings into automated systems
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