08 Sep
|
Universal Sompo General Insurance
|
Navi Mumbai
08 Sep
Universal Sompo General Insurance
Navi Mumbai
Role & responsibilities
Motor OD Claims Investigation & Quality Control
- Monitor and review Pan India Motor OD claims investigations to ensure quality, consistency, and compliance with company guidelines.
- Analyze investigation reports and recommend corrective actions for process improvement.
- Ensure adherence to established investigation and fraud control protocols.
Risk Assessment & Fraud Control
- Identify, analyze, and assess risks associated with Motor OD claims.
- Detect suspicious claim patterns and potential fraud indicators.
- Develop and implement fraud prevention strategies to minimize claim leakages and financial losses.
- Support risk management initiatives and loss minimization programs.
Trigger Management & Process Enhancement
- Coordinate with Claims, Underwriting, Investigation, and other internal stakeholders to review existing claim investigation triggers.
- Recommend and implement recent triggers based on emerging fraud trends, claims experience, and operational insights.
- Continuously improve fraud detection frameworks and control mechanisms.
Data Analysis & Auditing
- Conduct data audits to identify anomalies, trends, and exceptions in claims data.
- Collaborate with Data Analytics teams to derive actionable insights for risk mitigation.
- Prepare MIS reports, dashboards, and analytical presentations for management review.
System Development & UAT
- Work closely with IT teams for system enhancements, automation initiatives, and process improvements.
- Prepare business requirements for technology solutions.
- Perform User Acceptance Testing (UAT) and ensure successful implementation of system changes.
Vendor Management
- Build and maintain effective relationships with investigators, surveyors, and other external partners.
- Monitor vendor performance and service quality.
- Ensure adherence to company standards and SLAs.
Team Coordination & Leadership
- Guide and support investigation teams on quality standards and fraud management practices.
- Encourage collaboration and knowledge sharing across teams.
- Drive a culture of accountability, continuous improvement, and operational excellence.
Problem Solving & Decision Support
- Investigate complex claims scenarios and recommend suitable resolutions.
- Provide analytical support for high-risk and suspicious claim cases.
- Contribute to strategic initiatives related to claims efficiency and fraud management.
Preferred candidate profile
Qualifications
- Graduation/Post Graduation
- Certifications in Insurance, Risk Management, Fraud Investigation, or Analytics will be an added advantage.
📌 Central Coordinator (Motor Own Damage Claims) (Navi Mumbai)
🏢 Universal Sompo General Insurance
📍 Navi Mumbai