Insurance Manager

● Corporate insurance policy placements for liability, marine, property, crime & cyber, employee medical & life

● Broker evaluation, preparation of RFQ and negotiation with brokers for better coverage and rates.

● Review & negotiation of policy wordings to ensure corporate risks are covered adequately

● Timely endorsement for additions / deletions and maintaining adequate caution deposits

● Prepare right claim documentation and submit promptly to the insurance companies

● Coordinate with all stakeholders to ensure timely settlement of all losses / claims

● Contribute to and enhance overall risk management initiatives taken by the company

● Accounting and reconciliation of expenses, payments made and deposit balances with insurance companies

● Monitor and resolve the issues faced by functional teams (Business, HR, Secretarial etc)

● Ideation and execution of cost reduction / loss mitigation strategies

● Liaise with internal and external auditors for various audit processes