Vice president claims
4 days ago
Company Description A client of Craft My CV, this organization is a leading name in India’s infrastructure and construction industry. With over five decades of experience, the company has built a strong reputation for delivering large-scale infrastructure projects, including national highways, expressways, bridges, and institutional buildings. Headquartered in Gujarat with a key office in Ahmedabad, the company serves as a central hub for planning, coordination, billing, legal, HR, and administrative operations. Known for its engineering excellence and modern construction practices, the organization has played a vital role in shaping India’s public infrastructure landscape. Title: Vice President – Claims Reports To: Managing Director / Director Location: Ahmedabad Function: Claims – Engineering, Contracts & Business Support Type: Full-Time / Permanent Role Purpose To lead the Claims & Recovery function by responsible for the entire lifecycle of any claims during the post-contract administration phase. Key duties include contract review, risk identification, claim drafting and management, dispute resolution, and protecting the company's financial and contractual interests, all within the framework of Indian contract law. The role is pivotal in bridging the gap between business objectives and project realities in large-scale infrastructure contracts. Key Responsibilities • Pre-Contract Phase: o Reviewing tender documents and identifying potential risks and opportunities. o Formulating strategies to mitigate risks. • Post-Contract Phase: o Administering and managing contracts effectively. o Identifying and drafting claims against clients and contractors. o Defending against claims submited by contractors, such as those from EPC (Engineering, Procurement, Construction) contractors. o Ensuring timely submission of notices and claims. o Reviewing critical documents like delay analyses and change of scope applications. • Claims Management: o Managing claims to maximize revenue and minimize expenses for the company. o Preparing statement of claims and rejoinders for dispute or arbitration proceedings. • Legal Compliance: o Ensuring all contractual ac&vi&es and claims management align with the Indian Contract Act, 1872, which governs all legally binding contracts in India. • Stakeholder Management: o Interfacing with clients and contractors to resolve issues and protect the company's interests. Key Interfaces • Internal: MD, CXO’s, Business Development, Projects, Es&ma&on, Procurement, Contracts, Legal • External: Clients (Govt./PSUs), EPC/JV Partners, Engineering Consultants, Vendors Success Metrics (KPIs) • Win Rate of Technically Cleared Bids • % Cost Op&miza&on vs Es&mated Budget • Value Engineering Savings Iden&fied • Vendor Qualifica&on & Nego&a&on Success Rate Ideal Candidate Profile • B. E./B. Tech in Civil / Mechanical / Electrical Engineering (mandatory) • LLB/MBA or PGDM in Opera&ons, Infrastructure • 18–25 years of experience in EPC/Infrastructure companies with exposure to Claims func&ons • Strong understanding of contracts, par&cularly in the infrastructure and construc&on sectors. • Exper&se in claim iden&fica&on, dra Ting, and management. • Proficiency in legal and contractual frameworks, including the Indian Contract Act. • Ability to conduct delay analysis and scope change assessments. • Strategic thinking for risk mi&ga&on and opportunity iden&fica&on. • Nego&a&on and dispute resolu&on skills. • Excellent analy&cal, nego&a&on, and cross-func&onal leadership skills
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