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SBI General Insurance
19 SBI General Insurance Jobs
8-13 years
₹ 10 - 20L/yr
Mumbai, Mumbai Suburban, Mumbai
1 vacancy
Regional Claims Manager - MACT & Consumer Litigation
SBI General Insurance
posted 7hr ago
Role & responsibilities
- Manage MACT and litigation claims in the region to ensure successful implementation of strategies & initiatives
- Ensure consistency and uniformity in processes across all the states to align in terms of strategy and planning
- Ensure active participation in National & Monthly Lok Adalats for conciliation of all genuine claims
- Drive measures to achieve productivity and optimum utilization of resources in region
- Identify frauds and initiate steps to curb the fraudulent elements
- Identify risk & report to corporate office in order to mitigate the impact on business
- Manage complaints/escalations to provide a proper & timely resolution
Ensure timely & proper compliance of court orders to avoid execution & adverse remarks from judiciary
- Monitor MACT claims operations to ensure prompt registration & reporting of appropriate claim reserves on our books
- Evaluate & technically assess court awards & conciliation proposals to arrive at a just compensation
- Ensure processing of claims in system strictly as per the awards/approvals from competent authority
- Meeting with advocates and judiciary officials to ensure effective settlement of cases
- Visit locations for conciliations during National Lok Adalats
- Obtain approvals of claims to ensure strict compliance with the awards/approvals from competent authority
- Conduct review of high value claims in order to take appropriate steps to minimize the impact
- Engage in empanelment and review of advocates to ensure quality in defending of claims
Assess and consider all kinds of risks before taking any decisions
Employment Type: Full Time, Permanent
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