Insurance Executive

15 hours ago

Navi Mumbai Maharashtra, India Xponent n Full time

Title - INSURANCE TRAINER

Experience - 06 - 4 years

**Job description**
- This role involves developing and executing the company's insurance strategy, managing a team of insurance professionals, and ensuring compliance with regulations
- The Chief Insurance Manager plays a critical role in managing risk, optimizing insurance coverage, and safeguarding the organization's assets and interests

Key Responsibilities:

- Insurance Strategy: Develop and implement the organization's insurance strategy to manage and mitigate risks effectively, ensuring alignment with business objectives
- Insurance Portfolio Management: Oversee the management of the company's insurance portfolio, including policies related to property and casualty, liability, professional indemnity, and other areas
- Team Leadership: Lead and manage a team of insurance professionals, including underwriters, claims adjusters, risk analysts, and insurance brokers, providing guidance, coaching, and support
- Risk Assessment: Identify, assess, and quantify the organization's risks and insurance needs
- Collaborate with other departments to implement risk management strategies
- Policy Procurement: Oversee the selection and procurement of insurance policies, negotiate terms and conditions, and ensure cost-effective coverage
- Claims Management: Manage the insurance claims process, ensuring efficient and fair settlements while minimizing the organization's exposure to losses
- Compliance and Regulation: Ensure that the organization complies with all relevant insurance regulations and industry standards
- Stay informed about changes in insurance laws and regulations
- Vendor and Broker Relationships: Maintain relationships with insurance brokers, carriers, and vendors to secure competitive pricing, favorable terms, and superior service
- Budget Management: Develop and manage the insurance budget, monitoring expenses and seeking cost-saving opportunities

**Salary**: ₹18,495.95 - ₹40,116.85 per month

Schedule:

- Day shift

Application Question(s):

- Are you from BFSI Industry ? a) Yes b ) No

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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