Associate Vice President
1 week ago
Role & responsibilities
- Strong knowledge of Health Insurance and products
- Must have a minimum of 10 years experience in health claims management with over 5 years managerial experience.
- The candidate can be from health insurance, general insurance, reinsurance, or life insurance industries.
- Extensive experience in health claims processing and administration.
- Proficient in health claim fraud prevention & loss mitigation framework.
- Should have experience in managing large teams
- Understanding of Health Claims and claim related processes
- Lead a team handling claims, customer queries & complaints, risk & Loss mitigation team , Implement & monitor framework designed.
- Drive health claims policy formulation and optimizing the processes for the function.
- Supervision and medical review of high loss health indemnity claims
- Formulate & ensure faster claims settlement with superior TAT & customer experience.
- Analyze incurred claims ratio, review of portfolio, and take proactive action for loss control measures.
- Stay up to date on amendments and provisions in health insurance regulations & implement changes in claims processes to ensure compliance.
- Conduct Medical data analytics, reporting for the stakeholders like (department head, management committee, regulator, IIB etc.) on defined intervals.
- Train & develop medical processors. Identify key learnings, gaps, and opportunities for individuals to develop the team.
- Build & maintain a relationship with external service partners including but not limited to Sales channel partners, Hospitals etc
Preferred candidate profile
- MBBS/BHMS/BAMS and MBA Hospital Administration
- MBA in Hospital Management / Insurance / Fellow from Insurance Institute of India, Six Sigma Green/ Black belt
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