Associate Manager-Insurance

Job Summary

• Insurance support to business units for credit insurance coverage for Open credit customer in assigned areas across the Group.
• Effective coordination with Insurers/ BU’s
• Facilitate timely renewal of insurance policies at optimum terms. 
• Timely and effective handling of overdue reporting, claim filing and settlement.
• Provide timely information and MIS
• Organization of awareness sessions.

Roles & Responsibilities

• Ensure 100% insurance cover on specified policies for eligible customers on timely basis through reputed insurers.
• Maintain data of various policies, claims , discounts, renewal information for current and previous years. 
• Preparation of quote slips and renewal recommendation.
• Claim filing, document analysis and regular follow-up with BUs, insurers and surveyors to ensure timely claim settlement.
• Provide inputs and guidance to BU’s through regular visits , meetings for claims and help improving risk profile. 
• Timely reconciliation/settlement of balances and filing of requisite declarations (stocks, profit, marine and fixed assets).
• Preparation of monthly MIS and helping in issuance of quarterly report to BUs on sums insured and status of claims.
• Coordination with insurers.