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    Job · 20859323

    CoverStack logo

    Coverfox - Manager - Claims - Group Insurance

    CoverStack · Mumbai · onsite · Posted 60d ago

    Undisclosed4–12 yrsfulltimeSourced fromIIM Jobs

    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

    ClaimsInsurance Operations

    About CoverStack

    CoverStack logo

    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

    Industries

    Financial ServicesInsuranceOnline Portals

    Employee ratings

    10 reviews

    4.3/ 5

    Culture

    4.9

    Career growth

    4.6

    Work-life

    4.7

    Employees rate it well for

    Work-Life Balance45Company Culture44

    Find them on

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