Insurance Executive

1 week ago


Cochin, Kerala, India Hospital in Eranakulam Full time ₹ 3,60,000 - ₹ 10,80,000 per year

An Insurance Executive of Insurance in a hospital setting plays a crucial role in managing insurance-related functions, ensuring compliance with regulations, and providing excellent patient service. Here's a breakdown of their key responsibilities and requirements:

*Key Responsibilities:*

  • *Insurance Claims Management*: Manage and process insurance claims, ensuring timely resolution and compliance with regulations

  • *Patient Service*: Educate patients on their insurance coverage and benefits, handling inquiries and complaints related to insurance claims and billing

  • *Team Management*: Supervise and train junior insurance staff, providing guidance and support

  • *Regulatory Compliance*: Ensure adherence to insurance regulations, hospital policies, and industry standards

  • *Reporting and Analysis*: Prepare and analyze reports on insurance-related data, identifying trends and areas for improvement.

  • Risk Management: Recommend risk management strategies to minimize financial loss and optimize insurance coverage.

*Requirements:*

  • Education: Master's degree in Healthcare Administration, Business, Finance, or a related field.

  • Experience: Minimum 1 year of experience in hospital insurance billing, claims, or a related field.

  • Skills:

  • Analytical and Problem-Solving: Strong analytical skills, with the ability to assess complex data and develop effective solutions.

  • Communication and Interpersonal: Excellent communication and interpersonal skills, with the ability to build relationships with patients, staff, and insurance providers.

  • Leadership and Team Management: Proven leadership abilities, with experience in team development and performance management.

  • Insurance Software and Microsoft Office Suite: Proficiency in insurance management software and data analysis tools.

Additional Requirements:

  • Certifications: Professional certifications like CPCU or ARM can be advantageous.

  • Knowledge of Healthcare Regulations: Familiarity with healthcare regulations, accreditation standards, and hospital policies.

  • Attention to Detail: Strong attention to detail, with the ability to accurately process insurance claims and maintain patient records .

Job Type: Full-time

Pay: ₹15, ₹22,000.00 per month

Work Location: In person


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