Job Title: Insurance Management Executive – Asset Leasing Company: Growthally Advisors Department: Leasing

Job Type
Full-Time

Experience:
2–5 Years

Location:
Andheri East, Mumbai Reporting To: Operations Head About Growthally Advisors Growthally Advisors is an Investment Banking and Financial Advisory firm with over 15 years of industry experience, providing comprehensive financial solutions across Debt Syndication, Equity Advisory, M&A;, Asset Leasing and CFO Services. Role Overview The Insurance Management Executive will be responsible for managing insurance-related activities for leased assets, ensuring timely policy issuance, renewals, premium tracking, documentation, claims coordination and compliance. The role involves close coordination with insurance companies, brokers, customers and internal departments to ensure adequate insurance coverage and protection of the leased asset portfolio.

Key Responsibilities

- Insurance Policy Management
- Manage end-to-end insurance processes for leased assets, including policy initiation, issuance, renewals, endorsements and cancellations.
- Ensure all leased assets are adequately insured as per contractual requirements.
- Track policy validity, coverage details, sum insured and policy expiry dates.
- Maintain an updated insurance register for the entire leased asset portfolio.
- Insurance Documentation & Verification
- Verify insurance policies, premium receipts, endorsements and other supporting documents.
- Ensure asset details, customer details, policy periods and insured values are accurate.




- Coordinate with insurance companies and brokers for policy issuance and modifications.
- Maintain systematic records of insurance documents and renewal confirmations.
- Premium & Payment Coordination
- Track insurance premiums and payment due dates.
- Validate premium calculations against quotations and policy terms.
- Coordinate with Finance for premium payments and accounting records.
- Maintain premium payment trackers and identify pending payments or discrepancies.
- Insurance Renewal & Compliance
- Monitor upcoming policy expiries and initiate renewal processes well in advance.
- Ensure uninterrupted insurance coverage throughout the lease tenure.
- Coordinate with customers and insurance partners for timely renewal documentation.
- Ensure compliance with insurance requirements mentioned in lease agreements.
- Claims Management & Coordination
- Coordinate with customers, insurance companies and brokers for claim intimation and documentation.
- Track claim status, pending requirements, surveyor visits and settlement updates.
- Follow up on claim approvals and settlement timelines.
- Maintain claim registers and ensure proper documentation of closed and pending claims.
- MIS & Reporting
- Prepare and maintain Excel-based insurance MIS, renewal trackers and dashboards.




- Generate reports on active policies, upcoming expiries, premium payments and pending claims.
- Monitor insurance coverage gaps and highlight critical cases to management.
- Maintain accurate records for internal audits and compliance reviews.
- Stakeholder Coordination & Process Improvement
- Coordinate with Finance, Sales, Credit, Legal, Collections, Asset Management, insurance brokers and insurance companies.
- Ensure timely resolution of insurance-related queries and discrepancies.
- Identify process gaps and support automation and standardization of insurance operations.
- Monitor SLA adherence and ensure timely completion of insurance activities. Required Skills & Qualifications
- Graduate in Commerce, Finance, Insurance, Management or a related discipline.
- 2–5 years of experience in Insurance Operations, Asset Leasing, NBFC, Banking or Financial Services.
- Working knowledge of general insurance, particularly asset, equipment, machinery and motor insurance.
- Understanding of insurance policies, endorsements, premium calculations, renewals and claims processes.
- Advanced MS Excel skills, including VLOOKUP/XLOOKUP, Pivot Tables, formulas and MIS reporting.
- Robust documentation, reconciliation and follow-up skills.
- Excellent stakeholder management and communication abilities.
- High attention to detail, ownership and ability to manage multiple insurance transactions. Key Competencies

Skills:
insurance,renewals,operations,compliance,documentation,finance,reporting,excel

📌 Insurance Management Executive – Asset Leasing (Mumbai)
🏢 Growthally Advisors Private
📍 Mumbai