• Assist in procuring adequate insurance coverage as required by the business, providing insights on claims and potential premium impacts.

• Manage the insurance portfolio from data collection and maintenance perspectives regarding insurance placement, renewal, and analysis.

• Interact with stakeholders to obtain key data and present it professionally to insurance providers/brokers in coordination with the Head of Insurance.

• Prepare and coordinate risk-related information from various businesses for risk assessments.

• Engage with insurance suppliers and brokers to determine coverage and terms, assisting the Head of Insurance in negotiating premiums.

• Review policy wordings to ensure alignment with agreed terms during the placement/renewal processes.

• Maintain and analyze claims data, assisting the Head of Insurance in securing the best possible terms for all insurance types.

• Oversee the administration of insurance policy requirements, including periodical declarations and data processing.

• Prepare insurance claims by coordinating with various departments, aiding the Head of Insurance in negotiations with insurers.

• Provide analytical support to various company functions.

• Assist in preparing the annual insurance premium budget in collaboration with the Head of Insurance.

• Develop a methodology for allocating premiums to stakeholders for all insurance types.

• Act as a liaison with stakeholders during the preparation and settlement of claims.

• Support business units in recovering claims from third parties related to shipments and property damage.

• Train insurance officers and prepare them to handle responsibilities independently.

• Design and organize training sessions for stakeholders to enhance awareness of insurance processes.

Requirements:

• Bachelor’s degree in Mathematics, Science, Commerce, or Management.

• Minimum of 5 to 7 years of managerial experience in insurance and risk management.

• ACII (Associate of Chartered Insurance Institute London)

• FIII (Fellow of Insurance Institute of India)

• MIRM (Master of Institute of Risk Management, UK)

• Associate in Risk Management (ARM)

• Well-versed in all aspects of insurance/risk management.

• Strong financial and analytical skills necessary for understanding insurance matters.

• Thorough knowledge of MS Office and similar applications.

• Ability to work independently.