Assistant Vice President Field Risk Management

3 weeks ago


Hyderabad, Telangana, India Kshema General Insurance Limited Full time

About Us

Kshema General Insurance Limited (Kshema) is India's only Digital Agri Insurance Company. Established in 2018, it caters to farmers/cultivators in the Agriculture Sector.

Kshema provides localized insurance products enabling cultivators with resilience from financial distress due to extreme climate events and perils through technology.

With a pan-India presence, Kshema employs more than 500 employees on roles along with 500+ contractors.

Key Responsibilities:

  • Leverage at least 15 years of relevant experience, including 9 years in Field Risk Management.
  • Understand organizational systems, processes, and products.
  • Detect and prevent field risks in the Agri insurance domain.
  • Stay updated on regulatory knowledge, including field risk detection and investigation processes.
  • Analyze data using analytical skills and knowledge of Data Analytics.
  • Monitor policies and areas vulnerable to anti-selection, including prevention, detection, inspection, and investigation.
  • Create and maintain a Field Risk Framework for internal and external field risks.
  • Undertake data mining to identify statistical samples of claims and policies for quality assurance activities and investigate anomalous claims payments.
  • Detect suspicious cases at new business login, post-issuance, and claim stages.
  • Conduct on-site inspections based on anomalous patterns.
  • Assure portfolio quality through data analytics for adverse selection.
  • Monitor and control field inspection agency work.
  • Develop and publish regular Management Information System reports on activities like investigation TAT, risk trends.
  • Provide training to employees, advisors, and channel partners on field risk management.

Requirements

Educational Qualification:

  • A degree in Agriculture/Horticulture/Animal Husbandry or Management/Statistics.
  • MBA in Rural Management/Agri Business.


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