Deputy Manager/Manager-Insurance

Deputy Manager-Insurance

Key Responsibilities:-

• Policy renewal - RFQ float, Quotations & placement
• Property Fire, IAR policies, FLOP, MLOP, EAR & CAR policies, CPM, Marine & STOP policies, Motor and Liability policies
• Claims related to above-mentioned policies specifically Fire, MBD, Marine
• Valuation & Risk Inspections
• Dealing with Insurers, Brokers & Loss Adjusters
• Coordinate with team members for finalization of different insurance policies
• Coordinate with Project Managers and team members to understand risks and take new Insurance Policies as per requirement
• Overseeing the Insurance portfolio New Insurance Policies and Renewals
• Regular monitoring of policies to be renewed and timely premium payments
• Coordinate with Insurance companies and brokers for best possible quotes
• Identifying & Understanding Risk, Preparing RFQ and Comparative, Negotiating with Insurers regarding pricing, terms & conditions
• Evaluate and present the risk to insurance companies, suggesting additional covers depending on requirement.
• Identifying risk exposures, the insurance requirements and providing insurance solutions.
• Coordinate with various departments to gather data for issuance of new policies
• Interact with various departments from time to time to understand their concerns and identify improvement areas
• Have a good understanding of Insurance tariff
• Managing Insurance claims
• Discussion with insurer Brokers, Surveyors and TPA.
• Valuation, Risk Inspection, Spot Surveys, Claim Preparation & Settlement.

Required:

• Knowledge in Insurance Process and documentation
• Business awareness and industry knowledge
• Ability to drive cross functional team for common objectives.
• Comprehensive knowledge of Insurance coverages, wordings and pricing methodologies.
• Good knowledge of the Indian insurance market
• Good understanding of technical underwriting, underwriting and processes

Experience:

• 5-8 Years

Education:

• B.com