Business Development Specialist
Posted Updated
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