Executive N - Finance

Job Description

Location: Mumbai, MH, IN Areas of Work: Corporate Finance Job Id: 13141 To manage day to day insurance operations including claims handling, policy renewals, accounting, coordination with stake holders and ensuring compliance with internal processes and timelines Insurance Claims handling Handle claims across various lines of Insurance (Transit, Property, Employee benefits, etc.) Liaise with Insurance companies, TPAs, surveyors, and internal teams for timely processing and closure of insurance claims within defined SLAs Track claim status and documentation through the insurance portal and excel MIS and Reporting Maintain accurate MIS of premiums paid and claims made at policy level Prepare monthly review reports highlighting key metrics and issues as per defined timelines Accounting Record insurance related accounting entries including premiums, provisions Follow up with insurance companies for insurance policies, endorsements and GST compliant invoices Ensure timely closure of open advances and quarterly balance confirmations Maintain proper documentation of all insurance policies and endorsements Insurance policy renewals Supporting renewal and placing of insurance policies by creating repository of last five years insurance policies, sum insured, premium paid and claims under each of the policies Support the insurance competitive quote process Capex Project Funding Facilitate capex funding for approved proposals in accordance with defined SLAs and updating the funding tracker Query Management Respond to insurance-related queries from internal functions as per defined SLAs Stakeholder coordination Initiate fortnightly review meetings with insurers for Transit claim pending closures as per SLAs Coordinate with Plant HR, TPAs, and brokers on Employee Benefit claim pendency and closure Show more Show less