Manager - Insurance (Engineering & Construction)

Role & responsibilities

Insurance Planning: Support the CFO in designing and finalizing the strategy and policy for the insurance taskforces. Design the policy framework and SOP for insurance sub-function. Conduct the internal underwriting exercise for each asset. Manage and keep the policies updated, compare and analyze the most cost effective and high coverage policy for every asset. Responsible for the risk assessment on behalf of the Group of material damage to assets.

Insurance Management: Implement the strategy and policy for the insurance taskforce. Manage and monitor the taskforce process, research on industry experts and implement the decisions made by the taskforce. Negotiate and get the most cost effective and high coverage policy for assets like equipment, projects/units, vehicles, property, loans, personnel, etc. in accordance to the leader insurance advisor. Ensure transit insurance for equipment & vehicles and manage custom clearances in case of machinery import. Facilitate the survey, analysis and cost estimates in case of claims. Ensure a hassle-free claim process within the timelines.

MIS & Reporting: Present periodic MIS to the management team about the various insurance policy coverages and cost, the status of the claims and expected claim amounts.

Qualification & Experience:

MBA / M Com / B Com with 14 18 years of experience in Insurance for Engineering & Construction Industry.