Job Description

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Role description

To manage insurance portfolio of all types of insurance policies & ensure adequate risk coverage at optimum costs and claims management.

To procure various insurance policies with adequate coverage at optimum cost, ensure timely renewal of the insurance policies, and to ensure internal customer expectations for deliverables in terms of time, cost and service quality are met in line with business objectives. Proficient in managing insurance claims especially PDBI claims Good technical knowledge about insurance products, coverage features and claims process Coordination with cross functional teams within the Company, Subsidiaries, insurers, surveyors etc. Implement best practices as per company's guidelines. Ensure compliance of various processes and demonstrate through conduct of internal as well as external audit. Obtaining and compiling relevant information from various departments on insurance requirements. Understand various risks, suggest appropriate clauses / wordings in the insurance policies to mitigate the risks and get the desired insurance coverage. Review the performance of Insurers and TPA's and ensure prompt settlement of insurance claims within a stipulated time frame. Promptly address queries & concerns on Insurance matters. Conduct Knowledge sharing sessions to colleagues from other departments on the coverage under important insurance policies & the claims process.


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Skills

To manage insurance portfolio of all types of insurance policies & ensure adequate risk coverage at optimum costs and claims management.

To procure various insurance policies with adequate coverage at optimum cost, ensure timely renewal of the insurance policies, and to ensure internal customer expectations for deliverables in terms of time, cost and service quality are met in line with business objectives. Proficient in managing insurance claims especially PDBI claims Good technical knowledge about insurance products, coverage features and claims process Coordination with cross functional teams within the Company, Subsidiaries, insurers, surveyors etc. Implement best practices as per company's guidelines. Ensure compliance of various processes and demonstrate through conduct of internal as well as external audit. Obtaining and compiling relevant information from various departments on insurance requirements. Understand various risks, suggest appropriate clauses / wordings in the insurance policies to mitigate the risks and get the desired insurance coverage. Review the performance of Insurers and TPA's and ensure prompt settlement of insurance claims within a stipulated time frame. Promptly address queries & concerns on Insurance matters. Conduct Knowledge sharing sessions to colleagues from other departments on the coverage under important insurance policies & the claims process.
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Other details

Graduate with Associate or Fellow from Insurance Institute of India, or

MBA/PGDBA with insurance specialization, or
BE with additional qualification specialized in insurance