Add office photos
All Filters
1 Bajaj Allianz General Insurance Cluster Manager Job
Cluster Manager-ILM-Recoveries
4-7 years
Bhopal
1 vacancy
Cluster Manager-ILM-Recoveries
Bajaj Allianz General Insurance
posted 16d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Recovery Initiatives and Management
- Implement strategies to ensure faster in time recovery of all Recovery cases with minimum expenses to optimize claims cost saving/ recovery revenues.
- Preparation of Recovery reports and action plans
- Support in setting up infrastructure for collection (empanelment of Advocate and Recovery Agent)
- Field visit for the high values cases for Negotiation
- Support to track and locate the Skip customers through the necessary means to begin the recovery process.
- Report the waiver % and settlement ratio trend and plan for recovery enhancement
- Meeting with law enforcement agencies like, Police, Law, other Govt agencies in order to take the case into logical conclusion.
- Alert to superiors on Portfolio status and unwilling or unable to pay details
- Keeping and maintaining collection records with the use of relevant materials or software
- Attending educational programs for professional growth and skill development.
- Preparing timely monthly, Quarterly and Annual reports
- Analyzing the trend of recoveries as per Location, profile and giving the feedback to claims team for improving the claims experience
- Ensuring that recovery payment are timely and reconciled and write offs are managed and maintained in the data base
- Recovery - Litigation activities
- Recovery of award amount on the pay & recovery cases
- Implement strategies to bring down the Execution petition time period
- Arrange meetings with court personnel for faster recovery process
Employment Type: Full Time, Permanent
Read full job descriptionBajaj Allianz General Insurance Interview Questions & Tips
Prepare for Bajaj Allianz General Insurance Cluster Manager roles with real interview advice
People are getting interviews at Bajaj Allianz General Insurance through
People are getting interviews through
(based on 58 Bajaj Allianz General Insurance interviews) What Cluster Manager at Bajaj Allianz General Insurance are saying
Rating based on 7 Cluster Manager
reviews
Anonymous · Doctor
in Pune
Nothing as of now
Poor management and no work life balance
Read 7 reviewsCluster Manager salary at Bajaj Allianz General Insurance
What Bajaj Allianz General Insurance employees are saying about work life
Bajaj Allianz General Insurance Benefits
View more benefits
Compare Bajaj Allianz General Insurance with
ICICI Lombard General Insurance Company
HDFC Ergo General Insurance
Reliance General Insurance
Tata AIG
United India Insurance Company
National Insurance Company
The New India Assurance Co.
Star Health & Allied Insurance
Future Generali India Life Insurance
SBI General Insurance
HDFC Life
ICICI Prudential Life Insurance
Max Life Insurance
Bajaj Allianz Life Insurance
SBI Life Insurance Company
Tata AIA Life Insurance
Kotak Mahindara Life Insurance
PNB MetLife
Reliance Nippon Life Insurance
Aditya Birla Sun Life Insurance
