Job Purpose To collect check and compile data pertaining to all Property Insurance policies for all Units for enabling timely renewal accurate insurance coverage policy compliances and premium refund To check and maintain the policy documentation and data physical and soft for quick retrieval To effectively handle all claims below Rs 1 Cr Maintenance and accounting for Cash deposit accounts with Insurance companies Job Context Major Challenges -Follow up with Units and Surveyors for Claims which are less than Rs 1 Cr related requirements and documentation Entails dealing with too many people on regular basis -Regular in fact daily Follow up is required with Insurance Companies for quick settlement of claims -Follow-up with the Insurance brokers through regular interaction and MIS for policy data and documentation -Number of transactions with Cash deposit statements are high Require proper checking since it is matter of financial transactions -Detailed MIS takes considerable amount of time each month -Monitoring ensuring monthly declarations under Fire and marine policies Key Result Areas KRA Accountabilities Max 1325 Characters Supporting Actions Max 1325 Characters KRA1 Portfolio of Motor policy renewal and Claims Accountability To execute renewal plan for timely renewal of all Motor insurance policies pertaining to All Units across the Business in order to avoid period of non-coverage of Cars Other vehicles -Collect the renewal data from Units and Insurance company separately -Drafting of quote slips and submission to superior for review and finalization -To send the finalized quote slips to nominated insurers and resolve queries if any -To compare and analyze different quotes submitted by insurance companies -To prepare the quote comparison report for management review negotiations and finalisation -Post finalization with insurer draft and send policy placement letters to insurance companies -Reconcile the information and identify the current vehicles for insurance r
📌 Tm Insurance Cb (Mumbai)
🏢 Aditya Birla Group
📍 Mumbai
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