Coverfox - Manager - Claims - Group Insurance
CoverStack · Mumbai · onsite · Posted 60d ago
About a minute. You'll make an account on the way through.
About this role
Key Responsibilities
Operations Management
- Handle end-to-end operational activities for Group Credit Life & Affinity products.
- Manage policy issuance processes, endorsements, reconciliations, and servicing activities.
- Coordinate daily data exchange between partners, insurers, and internal teams.
- Validate partner data files and ensure accurate policy booking and issuance.
- Monitor TATs and ensure timely resolution of operational issues.
- Maintain MIS reports, operational dashboards, and reconciliation reports.
- Work closely with underwriting, finance, technology, and insurer operations teams for smooth execution.
- Ensure compliance with agreed SOPs, insurer guidelines, and regulatory requirements.
Claims Management
- Manage end-to-end claims handling for group insurance products.
- Coordinate with insurers, partners, and claimants for document collection and claim processing.
- Track cl aim status, follow-ups, approvals, and payouts within defined timelines.
- Resolve escalations related to claims and servicing.
- Maintain claims MIS and provide periodic updates to management and partners.
- Identify process gaps and recommend operational improvements.
Stakeholder Management
- Act as a single point of contact for assigned B2B partners and insurers.
- Build strong working relationships with NBFCs, MFIs, Housing Finance companies, and insurer operations teams.
- Support onboarding of new partners and products from an operations perspective.
- Coordinate with tech teams for API/data integration and process automation initiatives.
Desired Candidate Profile
- 5+ years of experience in Insurance Operations and Claims handling.
- Strong understanding of Group Credit Life, Affinity, or Group Insurance products.
- Experience working with NBFCs, MFIs, Housing Finance companies, or Bancassurance partners.
- Good knowledge of policy issuance, data reconciliation, endorsements, and claims processes.
- Strong coordination and stakeholder management skills.
- Proficiency in Excel, MIS reporting, and operational tracking.
- Ability to work in a fast-paced and high-volume operational environment.
- Good communication and problem-solving skills.
Preferred Background
- Experience in Insurance Broker / Insurtech / General Insurance / Life Insurance operations.
- Exposure to insurer coordination and partner servicing.
- Understanding of API/data exchange processes will be an added advantage.
Sourced from iimjobs
Skills
About CoverStack

CoverStack
201-500
employees
Mumbai, Maharashtra
India
₹10.5L PA avg
Avg at CoverStack
About
Coverstack is a platform that allows insurers, corporates & financial service providing organisations to build their own online insurance platform without any tech hassle.
Coverstack allows you to partner with 50+ insurers without worrying about tech hassle. You can have your complete insurance solution deployment with our ready to use platform
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