Associate Manager-Insurance.Insurance01

IFFCO | Dubai | AE

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Insurance support to business units for credit insurance coverage for Open credit customer in assigned areas across the Group....

Hamster Kombat
Job Summary
  • Insurance support to business units for credit insurance coverage for Open credit customer in assigned areas across the Group.
  • Effective coordination with Insurers/ BU’s
  • Facilitate timely renewal of insurance policies at optimum terms.
  • Timely and effective handling of overdue reporting, claim filing and settlement.
  • Provide timely information and MIS
  • Organisation of awareness sessions.
Roles & Responsibilities
  • Ensure 100% insurance cover on specified policies for eligible customers on timely basis through reputed insurers.
  • Maintain data of various policies, claims , discounts, renewal information for current and previous years.
  • Preparation of quote slips and renewal recommendation.
  • Claim filing, document analysis and regular follow-up with BUs, insurers and surveyors to ensure timely claim settlement.
  • Provide inputs and guidance to BU’s through regular visits , meetings for claims and help improving risk profile.
  • Timely reconciliation/settlement of balances and filing of requisite declarations (stocks, profit, marine and fixed assets).
  • Preparation of monthly MIS and helping in issuance of quarterly report to BUs on sums insured and status of claims.
  • Coordination with insurers.
KPIs
  • Insurance management: 100% insurance cover for all assets.
  • Claim settlement within 30 days of eligilibity
  • Awareness sessions.
  • Timely reconciliation , settlement of balances filing of overdue claims. timely updating claim position with insurers.
  • Maintaining updated policy and other key records for 5 years.
  • Insurance & claims guidance: providing inputs/guidance to BUs through regular interaction/visits.
  • Checking of policies/endorsements.
  • Monthly MIS
Work experience requirement
  • Bachelor degree in Finance or any functional stream
  • 3-7 years of experience in reputed Credit insurance company suce as Euler/ Atradius/ Coface or Industry
Qualification
  • Knowledge of Credit Insurance coverage, polcies/ market.
  • Knowledge of handling all types of claims.
  • Strong interpersonal skills in dealing with Units/Insurers, Risk, Underwriting and claim teams.
  • Data analytical skills
Competencies Communicating effectively Self and Team Management Planning & Decision Making Customer Centricity Ownership & Result Orientation Claims Management Risk Management Regulatory Framework Impacting Insurance Regulatory Compliance (internal & external) Insurance Policy Clauses Business Unit: Corporate-Finance (4198) Business Group: Finance (234)

Information :

  • Company : IFFCO
  • Position : Associate Manager-Insurance.Insurance01
  • Location : Dubai
  • Country : AE

How to Submit an Application:

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Post Date : 10-07-2024