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Executive Insurance Operations

Posted on

Experience
1 - 4 yrs
Job Location
Pune, India
Vacancy
1
Designation
Insurance Executive
Job Type
ONSITE

Job Description

Desired Qualification:
  • Graduate, preferably with a professional qualification in any discipline.
  • Insurance qualification/ IRDA certification preferred
Key Responsibilities:
  • To be responsible for settlement of Motor claims.
  • Efficient operations by maintaining Unit SLA on TAT and accuracy.
  • Adherence to processes and controls and re-engineer control mechanism
  • Handling PAN India operations.
  • Liaison with the Insurance Companies and brokers for all purposes.
  • PAN India control on Cover note Management.
  • PAN India control with maker checker concept.
  • End to End Renewal Process Management.
  • Reconciliation with Accounts and Insurance Company.
  • Policy Issuance Management and coordinating with unit locations, brokers, surveyors and insurance agencies.
  • Documentation and data Management.
  • Payment Instrument Control Management.
  • Liaison with respective insurance companies for issuance, customer complaints, claims settlement, etc.
  • Ensure implementation of Standard Operating Procedures
  • Ensure fast claim settlement and no loss to the company on claim reimbursement.
  • Identify and control key risks associated with Insurance Operations
  • Create and publish insurance MIS to relevant stakeholders
  • Track all insurance claim and ensure early settlement
  • Co- ordinate with cross functional teams for ensuring seamless operations
  • Identify training needs and ensure that trainings are adequately imparted at user end
  • Identify and implement industry wide best practices
  • Ensure deep understanding of insurance product program and take necessary proactive steps to reduce pain areas of customers
Desired Skillset:
  • Excellent MS Excel skills, MIS, analytics Good working knowledge of the Microsoft office is essential, particularly Excel
  • Good interpersonal skills.
  • Excellent written and verbal communication skill
  • Ability to analyse and suggest solutions to improve metrics and client service
  • Ability to effectively deliver results under pressure
  • Possess a keen eye for detail
Compensation band:
Up to 3 LPA