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 .