Head Insurance

Location: Punjab

About the Role:

The Head Insurance will be responsible for managing the Group's overall insurance portfolio

and risk management framework. The role involves ensuring adequate insurance coverage

for all assets, business operations, employees, and logistics activities while minimizing risk

exposure and optimizing insurance costs. The incumbent will work closely with leadership,

business units, insurers, brokers, and external stakeholders to develop effective risk

mitigation strategies and drive seamless claims management across the organization.

Key Responsibilities:

Develop and implement the Group's insurance and risk management strategy.

Identify, assess, and mitigate operational, financial, asset, and

logistics-related risks.

Manage insurance programs covering property, fire, marine, transit, liability,

employee benefits, cyber, D&O;, and business interruption risks.

Ensure adequate insurance coverage across all Group entities and business

locations.

Lead insurance policy renewals, negotiations, and placements with insurers





and brokers.

Drive effective claims management, including claim assessment,

documentation, negotiations, and settlements.

Conduct periodic risk assessments and recommend appropriate risk

mitigation measures.

Monitor insurance market trends and evaluate new products and coverage

options.

Ensure compliance with statutory, regulatory, and corporate governance

requirements related to insurance.

Prepare insurance budgets, monitor premium costs, and identify opportunities

for optimization.

Develop MIS, risk reports, and management presentations for senior

leadership.

Build and maintain robust relationships with insurance companies, brokers,

surveyors, and consultants.

Key Skills

Qualified certifications in Insurance, Risk Management, or related fields

will be an advantage.

Robust understanding of corporate insurance programs, risk assessment, and

risk mitigation practices.

Experti

📌 Head General Insurance Punjab (India)
🏢 Virtuous Advisors And Resources
📍 India