Evaluate existing insurance policies to ensure they align with the client’s risk profile and strategic objectives. Analyze coverage limits, deductibles, exclusions, and terms of insurance contracts.
Identify potential gaps in coverage and recommend adjustments to mitigate risk.
- Risk Assessment:
Quantify and qualify potential risks to determine the adequacy of current insurance coverage.
- Claims Monitoring and Analysis:
Monitor and analyze claims data to identify trends and patterns. Collaborate with claims management teams to ensure timely and accurate claims processing.
Provide insights to improve claims handling processes and minimize losses.
- Regulatory Compliance:
Stay updated on relevant insurance regulations and compliance requirements in India. Ensure insurance policies adhere to regulatory guidelines and reporting obligations.
- Reporting and Communication:
Prepare and present reports on insurance portfolio performance and risk exposure to senior management.
- Data Analysis and Insights:
Utilize data analytics tools to extract insights and trends from insurance and claims data. Identify opportunities for process improvement and cost optimization.
- Documentation and Record keeping:
Maintain accurate and up-to-date records of insurance policies, endorsements, and related documentation. Ensure that all policy documentation is readily accessible for audits and inquiries.
Qualifications & Requirements:
- Educational Background: Master’s or Bachelor’s degree in Finance, Economics, Business, or a related field.
- Communication Skills: Excellent written and verbal communication skills.
- Team Player: Demonstrated ability to work collaboratively in a fast-paced, team-oriented environment.
- Ethical Standards: Strong ethical standards and commitment to maintaining confidentiality and integrity.
Job Type: Full time Pay: ₹180,000.00 - ₹350,000.00 per year