Camlin Fine Sciences - Corporate Insurance Manager (10-12 yrs)

Role Summary :

- We are seeking an experienced Corporate Insurance Manager to oversee and manage all insurance-related matters, including employee benefits, marine insurance, property insurance, burglary, liability, and other corporate insurance policies.

- The role requires expertise in risk assessment, policy management, claims handling, and cost optimization while ensuring compliance with legal and regulatory requirements.

Key Responsibilities:

1. Employee Benefits Insurance Management:

- Manage and administer group health, life, accidental, and disability insurance for employees.

- Ensure timely renewals, premium payments, and employee enrollments in insurance programs.

- Act as the primary liaison between employees, HR, and insurance providers for claims and policy-related queries.

- Work on enhancing employee benefits programs by negotiating better coverage and costs with insurers.

Corporate & Business Insurance Management:

- Oversee and manage corporate insurance policies, including but not limited to:

- Marine Insurance (for goods in transit, shipping, and logistics risks).

- Property Insurance (covering company assets, buildings, manufacturing facilities).

- Burglary & Theft Insurance (protection against losses due to unauthorized access and theft).

- Liability Insurance (covering product liability, professional liability, and third-party liabilities).

- Fire & Natural Disaster Insurance (coverage for fire, floods, earthquakes, and other calamities).

- Credit Insurance (mitigating risks of non-payment by customers).

- Directors & Officers (D&O) Liability Insurance (protecting key executives from personal liability).

Risk Assessment & Policy Optimization:

- Conduct risk assessments to determine the company's exposure and ensure adequate coverage.

- Work with insurance brokers, underwriters, and legal teams to structure optimal insurance solutions.

- Monitor policy terms, conditions, and exclusions to prevent coverage gaps and financial losses.

Claims Management & Compliance:

- Oversee and facilitate the claims process, ensuring timely settlements and dispute resolution.

- Ensure compliance with insurance laws, regulations, and corporate governance requirements.

- Maintain detailed records of policies, claims, renewals, and risk assessments.

Cost Control & Vendor Negotiation:

- Identify cost-saving opportunities by negotiating with insurance providers and brokers.

- Review and analyze insurance costs to ensure maximum coverage at optimal pricing.

- Benchmark company policies against industry best practices for continuous improvement.

Qualifications & Skills:

- Education : Bachelor's or Master's degree in Finance, Risk Management, Business Administration, or a related field.

- Experience : Minimum10 years of experience in corporate insurance, employee benefits, or risk management.

Expertise in:

- Corporate & commercial insurance policies

- Risk assessment and mitigation strategies

- Insurance claims management and policy negotiations

- Strong knowledge of insurance regulations and compliance requirements.

- Excellent analytical, negotiation, and problem-solving skills.

- Ability to liaise with internal and external stakeholders, including brokers, insurers, and legal teams.

- Strong proficiency in Microsoft Excel, financial modeling, and risk analysis tools