Insurance Manager

2 weeks ago


Delhi, Delhi, India Allana Group Full time

Position Summary:
The Insurance Manager will be responsible for managing all aspects of the company's insurance programs. This includes overseeing policy administration, claims management, risk assessment, and compliance with regulatory requirements.

The role requires a deep understanding of the manufacturing industry and its specific risks, as well as expertise in various types of insurance coverage, such as Property, Marine, Liability, Employee Benefits, Credit, Misc.

& Motor.

Experience required :
8-10 years preferable from Manufacturing / Insurance companies

Key Responsibilities:

Insurance Program Management:
Develop, implement, and manage comprehensive insurance programs.
Evaluate and negotiate insurance policies to ensure optimal coverage and cost-effectiveness.

Risk Assessment and Mitigation:
Conduct regular risk assessments to identify potential liabilities and areas of exposure.
Develop and implement risk management strategies to mitigate identified risks.

Claims Management:
Oversee the management of all insurance claims, including investigation, documentation, and settlement.
Work with legal and compliance teams to handle complex claims and litigation.

Regulatory Compliance:
Ensure compliance with all local, state, and federal insurance regulations.
Maintain up-to-date knowledge of industry regulations and standards.
Prepare and submit required regulatory filings and reports.

Policy Administration:
Maintain accurate records of all insurance policies and related documentation.
Review and update insurance policies as needed to reflect changes in company operations or risk profile.

Reporting and Analysis:
Prepare regular reports on insurance costs, claims, and risk management activities for senior management.
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