Insurance Specialist

You will be responsible for effectively handling all claims above Rs. 1 Cr and executing the renewal plan for existing property and corporate insurance policies. Your key responsibilities will include:

• Executing renewal plan for timely renewal of all property insurance policies across all business units to avoid any period of non-coverage.
• Providing guidance in drafting technical quote slips.
• Compiling and maintaining policy-wise claims data to evaluate historic policy performance and optimize renewal premium.
• Supporting in negotiations for finalizing insurance coverage.
• Reviewing policy documents to ensure smooth policy and claims administration.
• Verifying draft renewal work plan and data collection templates for all units.
• Giving clarifications regarding guidelines.
• Analyzing data for renewal, highlighting key developments for drafting technical quote slips.
• Compiling and analyzing different quotes submitted by insurance companies.
• Evaluating premium working for finalizing policy in line with agreed quote.
• Checking policy documentation for errors or omissions and highlighting to superior/broker.
• Coordinating with units and valuer for data collection once in three years.
• Ensuring prompt settlement of all property insurance claims above Rs. 1 Cr.
• Intimating claims to insurance company and surveyor, guiding units through claim process.
• Following up for prompt settlement and seeking additional information for claim eligibility.
• Coordinating survey and updating units during reinstatement period.
• Guiding units for document collection, checking documents before submission.
• Following up with surveyors and insurance companies for settlement.
• Updating units and accounts upon claim settlement.

Qualifications required:

• Bachelor's degree + MBA (Preferred)
• Certification in Risk Assessment & Management

Please note that the company is looking for an Insurance Specialist with core Corporate Experience. Candidates with experience in banking or broking firms need not apply. You will be responsible for effectively handling all claims above Rs. 1 Cr and executing the renewal plan for existing property and corporate insurance policies. Your key responsibilities will include:

• Executing renewal plan for timely renewal of all property insurance policies across all business units to avoid any period of non-coverage.
• Providing guidance in drafting technical quote slips.
• Compiling and maintaining policy-wise claims data to evaluate historic policy performance and optimize renewal premium.
• Supporting in negotiations for finalizing insurance coverage.
• Reviewing policy documents to ensure smooth policy and claims administration.
• Verifying draft renewal work plan and data collection templates for all units.
• Giving clarifications regarding guidelines.
• Analyzing data for renewal, highlighting key developments for drafting technical quote slips.
• Compiling and analyzing different quotes submitted by insurance companies.
• Evaluating premium working for finalizing policy in line with agreed quote.
• Checking policy documentation for errors or omissions and highlighting to superior/broker.
• Coordinating with units and valuer for data collection once in three years.
• Ensuring prompt settlement of all property insurance claims above Rs. 1 Cr.
• Intimating claims to insurance company and surveyor, guiding units through claim process.
• Following up for prompt settlement and seeking additional information for claim eligibility.
• Coordinating survey and updating units during reinstatement period.
• Guiding units for document collection, checking documents before submission.
• Following up with surveyors and insurance companies for settlement.
• Updating units and accounts upon claim settlement.

Qualifications required:

• Bachelor's degree + MBA (Preferred)
• Certification in Risk Assessment & Management

Please note that the company is looking for an Insurance Specialist with core Corporate Experience. Candidates with experience in banking or broking firms need not apply.