MUMBAI · FULLTIME
Sr TM - Non-Motor Claims

Magma General Insurance Limited
Mumbai · onsite · Posted 5d ago
Sourced from
Undisclosed4–5 yrsfulltimeMumbai
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Section · 01
About this role
Role & responsibilities
- Manage end-to-end Property Frequency Claims of Micro Finance companies along with Property Insurance Claims, including claim registration, document verification, coverage assessment, and settlement processing.
- Evaluation of claims by reviewing policy details, supporting documents, claim admissibility, and applicable policy terms and conditions.
- Handle Coinsurance Claims by reviewing leader documents, validating the company's share of liability, creating reserves, and processing on-account and final claim settlements.
- Monitor claim reserves, ageing, claim closures, and maintain accurate MIS/reporting to ensure timely disposal and adherence to defined TATs.
- Coordinate with clients, lead insurers, Sales, Finance, and internal stakeholders for document collection, payment processing, claim resolution, and process compliance.
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Section · 02
Skills
Property ClaimsClaims Processing
Section · Company
About Magma General Insurance Limited

Magma General Insurance Limited
Insurance
1.9k+
employees
2012
14 years old
Mumbai,Maharashtra
India
₹9L PA avg
Avg at Magma General Insurance Limited
About
A joint venture focused on providing comprehensive insurance solutions, addressing the diverse needs of the insurance industry.
Industries
InsuranceFinancial Services
Employee ratings
10 reviews
3.7/ 5
Culture
3.2
Career growth
2.9
Work-life
3.6
Employees rate it well for
Work-Life Balance37Overall Company37
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