Insurance Manager

4 weeks ago

Mumbai, Maharashtra, India Karamtara Engineering Full time
Karamtara Engineering Ltd, Mumbai, is currently looking for a Manager – Insurance for its Mumbai office location and the candidate (only from the Manufacturing Industry) should be responsible for:
1. Managing the entire group & global insurance activities pertaining to Assets, Liabilities, Vehicles, Marine, operational assets and projects through insurers by ensuring timely insurance cover and payment of renewal premiums.
2. Handling entire Insurance portfolio of the company and its subsidiaries which includes various types of insurances like Fire, Burglary, Machinery Breakdown, Electronic Equipment, IAR, Motor Insurance, Liability Insurance (CGL, D&O, Cyber Security & Crime Insurances), Contractors All Risk (CAR) Insurance, Money Insurance, Fidelity Guarantee Insurance, WC etc.
3. Review potential risk, recommend coverages and ensure adequate coverage based on the budget, project schedule, etc.
4. Coordination with valuers for asset valuation and evaluating the adequacy of the valuation of assets as per the general norms of insurers.
5. As per the requirement of management, Inviting Quotes from Insurance Companies.
6. Negotiation with insurers on final renewal premium, terms, conditions & clauses to be incorporated under the policy.
7. Checking of policy documents for any irregularities in policy terms, conditions, clauses, warranties, exclusions, deductibles, etc.
8. Meeting officials of insurance companies & intermediaries for premium negotiations and claims settlements.
9. Ensuring timely renewals and follow-up on policy documents & pending claims
10. Coordination with inter-departments, respective site teams for the details and documents required for policy renewals/new placements and claims handling.
11. One-point contact for Claims management (from intimation to settlement).
12. Meeting representatives of insurers, brokers, & surveyors for required documentation.
13. Timely submission of claim-related documents, follow-up with insurance companies and ensuring that the claims get settled on time with their optimum value.
14. Preparation and presentation of monthly and annual budgets for insurance premiums across various operational and under-construction projects.
15. Maintenance of all insurance policies, records and Claims log.
16. Preparation and presentation of Insurance MIS to the management from time to time.
17. Must have worked in large manufacturing companies (ideally from the Iron / Steel industry.
Experience:
At least 16+ Yrs of experience in handling India and Global Insurance portfolio for la arge Manufacturing Company (Iron / Steel / Renewable Energies), etc.
Qualifications:
1. Must be a graduate / postgraduate 2. Licentiate from Insurance Institute of India (LIII) 3. Associate from Insurance Institute of India (AIII)

  • Magma General Insurance

    4 weeks ago

    Mumbai, Maharashtra, India Magma Insurance Full time

    About the job :- 12+ Years experience in handling Risk function for General Insurance Company- ISO 22301 and ISO 31000 - Preferred- Overall oversight of ERM function- Develop and maintain Enterprise wide Risk Management Governance Framework and Operational Risks- Responsible for Board related risk presentations and closing all the ATRs- Responsible for...

  • Troth Insurance

    3 weeks ago

    Mumbai, Maharashtra, India Troth Insurance Broking & Consultants Pvt. Ltd. Full time

    Job Title: Customer Relationship Manager / Sr. Manager Business Worli, Insurance Background: Customer Relations (Health & Commercial) Required: 25 years in customer relationship/client servicing roles, preferably in health or commercial Type: Summary:We are seeking a dynamic and client-focused Customer Relationship Manager (CRM) to join our team at a...

  • Reinsurance - Life Insurance & Health

    2 weeks ago

    Mumbai, Maharashtra, India Edme Insurance Brokers Full time

    Looking for candidates in Reinsurance Structuring & Placement in Life Insurance or Health insurance in Mumbai.should have experience in Insurance Broking / Life Insurance / Health Insurance into Reinsurance sales & PlacementInterested candidates can reach out to neetu.b@edmeinsurance.comReinsurance Structuring & Placement- Design and implement facultative...

  • Reinsurance - Life Insurance & Health

    4 weeks ago

    Mumbai, Maharashtra, India Edme Insurance Brokers Full time

    Looking for candidates in Reinsurance Structuring & Placement in Life Insurance or Health insurance in Mumbai. should have experience in Insurance Broking / Life Insurance / Health Insurance into Reinsurance sales & Placement Interested candidates can reach out to Reinsurance Structuring & Placement - Design and implement facultative and treaty reinsurance...

  • Novo Insurance

    2 weeks ago

    Mumbai, Maharashtra, India Novo Insurance Broking Services Private Limited Full time

    Novo Insurance Broking Services is an IRDAI-licensed, fast-growing insurance broking company, offering innovative insurance and reinsurance solutions to corporates across industries. We are expanding our reinsurance vertical and looking for a Reinsurance Business Development Manager to drive growth and build strong relationships with clients and...

  • Insurance Manager

    2 weeks ago

    Mumbai, Maharashtra, India Karamtara Engineering Full time

    Karamtara Engineering Ltd, Mumbai, is currently looking for a Manager – Insurance for its Mumbai office location and the candidate (only from the Manufacturing Industry) should be responsible for: 1. Managing the entire group & global insurance activities pertaining to Assets, Liabilities, Vehicles, Marine, operational assets and projects through insurers...

  • Karamtara - Insurance Manager

    3 weeks ago

    Mumbai, Maharashtra, India Karamtara Engineering Pvt Ltd Full time

    Karamtara Engineering LtdKaramtara Engineering Ltd, Mumbai, is currently looking for a Manager Insurance for its Mumbai office location and the candidate (only from the Manufacturing Industry) should be responsible for:- Managing the entire group & global insurance activities pertaining to Assets, Liabilities, Vehicles, Marine, operational assets and...

  • Relationship Manager

    4 weeks ago

    Mumbai, Maharashtra, India Max Life Insurance Full time

    KEY RESPONSIBILITIES Will be responsible for meeting sales target through Bank s FOS Will be responsible for maintaining relationships with all constituents in the Bank Branch Keeping accurate record of referrals received form all constituents in the bank branch Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead...

  • Relationship Manager

    1 day ago

    Mumbai, Maharashtra, India Max Life Insurance Full time

    Job Description- Will be responsible for meeting sales target through Bank s FOS.- Will be responsible for maintaining relationships with all constituents in the Bank Branch- Keeping accurate record of referrals received form all constituents in the bank branch.- Shall adhere to agree TATs on first customer contact and follow-ups from the date of the lead...

  • Sales Manager 15h Left

    16 hours ago

    Mumbai, Maharashtra, India Max Life Insurance Full time

    Job DescriptionMax Life Insurance Company Limited is looking for Sales Manager to join our dynamic team and embark on a rewarding career journey.- We are seeking an experienced and results-driven Sales Manager to lead our Bancassurance sales team- As a Sales Manager - Bancassurance, you will be responsible for driving sales growth through the Bancassurance...