Job SummaryWe are looking for an Insurance Executive to manage borrower insurance and employee insurance activities, including policy issuance, documentation, claims coordination, and renewals.
Key ResponsibilitiesHandle insurance policies for loan borrowers and company employees.
Coordinate with insurance companies for policy issuance, renewals, and endorsements.
Manage borrower insurance coverage, including accidental death, permanent disability, partial disability, and critical illness, as applicable.
Ensure timely issuance of insurance policies after loan disbursement.
Maintain insurance records, policy documents, and premium details.
Coordinate with insurance providers for claim processing and settlement.
Assist borrowers and employees with insurance-related queries and claim documentation.
Verify insurance premiums and maintain accurate MIS reports.
Coordinate with HR, Operations, Accounts, and insurance companies.
Ensure compliance with company policies and insurance-related procedures.
Required Skills & QualificationsGraduate in any discipline.
1–3 years of experience in insurance operations, preferably in an NBFC or banking sector.
Knowledge of borrower insurance, group insurance, and claim processing.
Basic knowledge of MS Excel and documentation.
Positive communication, coordination, and follow-up skills.